Pavilion Energy and China’s Zhejiang Hangjiaxin Clean Energy have inked a deal for the supply of small-scale LNG from Singapore. Under the agreement, up to 0.5 mtpa of LNG from Pavilion Energy’s portfolio will be delivered to Hangjiaxin’s 1 mtpa Jiaxing LNG Terminal in Zhejiang, China from 2023.
“Pavilion Energy is very pleased to strengthen our partnership with Hangjiaxin with the supply of LNG from our portfolio of diverse global sources,” said Mr <a href="https://sg.linkedin.com/in/alan-heng-50a055b?trk=public_post_share-upda…; data-tracking-control-name="public_post_share-update_update-text" data-tracking-will-navigate rel="nofollow">Alan Heng</a>, Interim Group CEO of Pavilion Energy, “Supplying small-scale LNG reinforces our commitment to enhance Singapore’s position as a regional LNG hub and support growing demand for small-scale LNG in Asia.”
Mr Sun Lianqing, CEO of Hangjiaxin Clean Energy said, “The execution of this agreement will provide Hangjiaxin’s own terminal, the Jiaxing LNG Terminal, with stable LNG resources, offer Hangjiaxin’s end-users with more clean energy options in the long run, and contribute to Hangjiaxin’s dedication to the reduction of carbon dioxide emissions and achievement of carbon neutrality. We look forward to closer collaborations between the two parties, a smooth performance of the agreement, and multi-dimensional in-depth cooperation in the near future.”
Full press release here: <a href="https://lnkd.in/gytEE-ZH?trk=public_post_share-update_update-text" data-tracking-control-name="public_post_share-update_update-text" data-tracking-will-navigate rel="nofollow">https://lnkd.in/gytEE-ZH</a>
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