QP and Pavilion Energy sign first carbon tracked LNG SPA
November 9, 2020
Pavilion Energy and QP Trading, the newly created LNG trading arm of Qatar Petroleum, have signed the world’s first carbon tracked LNG SPA. Qatar Petroleum will supply of up to 1.8 Mtpa of LNG to Singapore during 10 years starting from 2023. Each LNG cargo delivered under this agreement will be accompanied by a statement of its GHG emissions measured from well to discharge port. The agreement was a result of the world’s first tender with carbon neutral ambitions for LNG supply to Singapore that Pavilion Energy launched in March 2020.
Edited from Pavilion Energy’s and Qatar Petroleum’s press releases