SINGAPORE/ PARIS, FRANCE: Total Marine Fuels Global Solutions and Pavilion Gas have signed a memorandum of understanding (MOU) on LNG bunkering cooperation in Singapore.
Under the MOU, Pavilion Gas, a wholly-owned subsidiary of Pavilion Energy, will supply LNG as a bunker fuel to Total Marine Fuels Global Solutions, Total’s affiliate in charge of worldwide bunkering activities, for LNG deliveries to its marine fuel customers in the port of Singapore. The parties may explore further cooperation in logistics for LNG bunkering activities.
The MOU was signed by Patrick Pouyanne, Chairman and CEO of Total, and Seah Moon Ming, CEO of Pavilion Energy and Pavilion Gas.
In 2016, Pavilion Gas was awarded an LNG bunker supplier license by the Maritime Port Authority of Singapore (MPA). Pavilion Gas was also appointed by the Singapore Energy Market Authority (EMA) as an LNG importer for Singapore. Total is a global gas player, involved across the entire LNG chain, from extracting natural gas onshore and offshore to processing plants where it is liquefied, stored and shipped in a fleet of specially designed carriers to regasification terminals for delivery to business customers.
“Our mission is to offer global and compliant solutions to our customers to meet the 2020 Global Cap requirements. Total has a long-established bunker activity and is also a strong worldwide LNG player, thus providing the required conditions to position the Group in the emerging LNG bunker market, where our ambition is to become a key player. The MOU signed with Pavilion Gas is a real opportunity for Total to make further inroads in this promising new market,” said Patrick Pouyanne.
“Our role as an LNG bunker supplier is reinforced by the appointment of Pavilion Gas as an LNG importer in Singapore. Pavilion Energy is pleased to collaborate with industry partners to build a robust LNG bunkering hub in Singapore and the region,” said Seah Moon Ming.
© Worldofchemicals News
Read More: Total, Pavilion ink MOU on LNG bunkering cooperation
No comments:
Post a Comment