Pavilion Gas and Shell to import next tranche of LNG for Singapore
October 24, 2016
The Singapore Energy Market Authority (EMA) has awarded Pavilion Gas Pte Ltd and Shell Eastern Trading (Pte) Ltd each a licence to import the next tranche of LNG for Singapore. This was announced today by Mr S Iswaran, Minister for Trade and Industry during the opening of Singapore International Energy Week 2016. Pavilion Gas and Shell were selected via a two-stage Request for Proposal (RFP) process to appoint up to two LNG importers to supply Singapore with LNG. Pavilion Gas and Shell will each have an exclusive franchise: the franchise will end as soon as one of the importers reaches 1mtpa of deliveries or at the end of the 3-year period. This next tranche of imports is expected to commence from 2017.
Edited from EMA press release.
