Thursday, August 24, 2017

Pavilion Energy secures access rights to Singapore LNG terminal

Pavilion Energy secures access rights to Singapore LNG terminal

PAVILION Gas, a subsidiary of Pavilion Energy, has secured access rights to
the liquefied natural gas (LNG) terminal on Jurong Island.

In an announcement on Thursday, Pavilion Energy said that the rights to
access tank capacity on a segregated basis at the Singapore LNG (SLNG)
terminal over the next 24 months will support higher volumes of LNG trading
activities, small scale LNG opportunities, LNG breakbulk and vessel
cool-down services.

The agreement with government-owned SLNG follows a Request for Proposals
process that SLNG initiated in February this year.

Seah Moon Ming, chief executive of Pavilion Gas and Pavilion Energy, said
that the firm is delighted to partner SLNG on LNG storage and reload
services at the terminal.

"With increased spot trading volume, this will strengthen Singapore's
position as an Asian LNG hub," he said. "We will work closely with SLNG to
facilitate multi-user access of the SLNG Terminal for LNG trading
activities. Pavilion Gas is well-positioned to expand and grow its LNG
trading presence regionally and globally."

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

Link to Original Article:
http://www.businesstimes.com.sg/energy-commodities/pavilion-energy-secures-a
ccess-rights-to-singapore-lng-terminal


--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.