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Pavilion Energy signs third long-term LNG SPA and supports creation of a Singapore LNG Price Marker

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Report summary

On 24 September Singapore based Pavilion Energy announced a 20 year sales and purchase agreement for 0.4 mmtpa from BP's portfolio beginning in 2019. The supply deal is supported by BP's Freeport LNG capacity in the US and is understood to include some Henry Hub price linkage. Pavilion also highlighted their involvement in the development of a Singapore LNG Price Marker.

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    Pavilion Energy signs third long-term LNG SPA and supports creation of a Singapore LNG Price Marker

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