Chevron has signed a six-year liquefied natural gas (LNG) agreement with Pavilion Energy for the supply of 500,000 tonnes of LNG per year to Singapore from 2023.
The LNG will come from Chevron’s Australian LNG portfolio, primarily its Gorgon project in Western Australia.
To promote increased sustainability and transparency in the LNG value chain and as required by Pavilion Energy under its supply tender, each LNG cargo delivered under the agreement will be accompanied by a statement of its greenhouse gas (“GHG”) emissions measured from wellhead to discharge port.
Chevron Singapore country chairman Law Tat Win said the company embraces a lower-carbon future, where it will continue to deliver adorable, reliable and ever-cleaner products.
“I am excited that Chevron will be partnering with Pavilion Energy to develop processes and tools which will enable us to offer lifecycle carbon footprinted products to the market in Singapore,” Tat Win said.
Pavilion Energy group chief executive officer Frédéric Barnaud said the as the company was proactively promoting GHG emissions reduction and offsets, it is thrilled to be joined by Chevron.
“I am confident that a bold, ambitious and uncompromising industry collaboration will boost our own efforts towards achieving a meaningful impact,” Barnaud said.