Pavilion aims to become Singapore’s next LNG importer

摘要

Singapore’s state-owned Pavilion Energy aims to become the country’s next LNG importer as it gears up to compete with more established industry participants. Singapore plans to open up imports to up to two more firms through a new supply framework. Potential importers will have to show that they can provide secure and competitively priced LNG based on diverse supply sources, price indexation and contract duration (see above). Those that can facilitate the development of a trading hub are likely to be favoured.