Singapore's Pavilion inks first long-term LNG deal with #Qatar | Reuters

Singapore's Pavilion inks first long-term LNG deal with Qatar | Reuters

Singapore’s Pavilion Energy said on Monday it inked a deal with Qatar Petroleum’s trading unit to buy up to 1.8 million tonnes per year of liquefied natural gas (LNG) for 10 years from 2023.

Each cargo delivered to Singapore under this agreement will come with a statement of greenhouse gas emissions from wellhead to discharge port, Pavilion Energy said in a statement.

Pavilion Energy, owned by Singapore state-owned investment company Temasek Holdings, signed the deal with Qatar Petroleum Trading, a subsidiary of Qatar Petroleum.

Qatar, which plans to increase its LNG production to 126 million tonnes a year by 2027 from 77 million currently, has been trying to secure buyers for the extra volumes.