Qatar Petroleum has signed a landmark deal to supply Singapore’s Pavilion Energy with up to 1.8mn t/y of LNG for 10 years from 2023. The deal is notable for two key reasons. Firstly, it marks the start of operations of QP’s new dedicated LNG trading arm – QP Trading – but more importantly, each delivered cargo will “be accompanied by a statement of its greenhouse gas (GHG) emissions measured from well to discharge port.”
Pavilion Energy says that when it tendered for the contract, it sought a commitment from the supplier to “co-develop and implement a GHG quantification and reporting methodology for LNG from well to discharge port. Pavilion Energy expects this methodology to become standardised as a common industry framework via a statement of GHG emissions, paving the way towards more environmentally responsible and sustainable natural gas strategies.” (CONTINUED - 1018 WORDS)
