Total, Pavilion Extend LNG Bunkers Pact

France's Total and Singapore-based Pavilion Energy announced June 26 their signature of a Heads of Agreement (HoA) to jointly develop a LNG bunker supply chain in the port of Singapore.

The agreement covers the shared long-term time charter of a new generation LNG bunker vessel to be commissioned by Pavilion Gas by 2020; it also includes an LNG supply arrangement between the two companies enabling Total to deliver LNG bunker fuel to its customers.

The HoA, signed on the sidelines of the World Gas Conference 2018, follows a memorandum of understanding (MoU) that both sides concluded in April 2017 on LNG bunkering cooperation in Singapore.

Total Marine Fuels Global Solutions' first milestones in its LNG strategy were set in Europe, with the signature of LNG bunker supply contracts for Brittany Ferries and CMA CGM, as well as the long-term chartered bunker vessel with Mitsui OSK Lines that will be positioned in Northern Europe.

Pavilion Gas, which was appointed as one of two importers to supply LNG to Singapore by the city-state's Energy Market Authority in October 2016, is a subsidiary of Pavilion Energy whose CEO is the ex-Gazprom LNG chief Frederic Barnaud. He worked for Total from 1990 until 2008 chiefly in trading. Gazprom is one of Pavilion's LNG suppliers.  (Photo of Singapore is courtesy of Wikipedia/Merlion444)