Pavilion Energy Inks GHG-Reporting LNG Agreement with Chevron
U.S. energy giant Chevron and Singapore's Pavilion Energy, a subsidiary of Singapore state investment fund Temasek Holdings, have signed a six-year energy deal that will include the joint development of tools for reporting greenhouse gas emissions associated with the supply of approximately 500,000 metric tons of LNG to Singapore from 2023.
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 this agreement will be accompanied by a statement of its greenhouse gas (GHG) emissions measured from wellhead to discharge port.
In addition to supplying LNG to Singapore, Pavilion Energy and its strategic partners are committed to co-develop and implement a GHG quantification and reporting methodology for LNG. The methodology is being developed based on internationally recognized standards and will cover emissions from wellhead-to-discharge terminal, including LNG transportation.
