LNG

Pavilion Gas and Uniper swap LNG access rights

The agreement will see Pavilion gain access to the Gate and Grain terminals in Europe while Uniper takes rights to Singapore LNG The agreement will see Pavilion gain access to the Gate and Grain terminals in Europe while Uniper takes rights to Singapore LNG.
By Damon Evans 22 September 2017 0 27682
A tanker at the Gate LNG terminal. A tanker at Gate LNG. Pavilion will now have access to the Dutch terminal. (Gate)

Singapore’s Pavilion Gas and German utility Uniper have struck a deal to exchange access to LNG terminals in Europe and Singapore in a bid to take advantage of changing market conditions.

“We have concluded an option swap agreement with Uniper, whereby we will be able to leverage each other’s access to the Gate LNG terminal in Rotterdam, the Grain LNG terminal in the UK, and SLNG terminal in Singapore,” Pavilion Energy’s chief executive, Seah Moon Ming, told the CWC Asia Pacific LNG Summit in Singapore on...