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Media Releases
24 Oct 2016
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- The Energy Market Authority (EMA) has awarded Pavilion Gas Pte Ltd and Shell Eastern Trading (Pte) Ltd each a licence to import the next tranche of Liquefied Natural Gas (LNG) for Singapore. This was announced today by Mr S Iswaran, Minister for Trade and Industry (Industry) during the opening of Singapore International Energy Week 2016.
- Pavilion Gas and Shell were selected via a two-stage Request for Proposal (RFP) process to appoint up to two LNG importers to supply Singapore with LNG. The two companies offered reliable, flexible and competitively-priced LNG supplies to Singapore, and demonstrated a strong ability to cater to different market needs. They secured the most demand from different buyers during Stage Two of the RFP.
- For the next tranche, Pavilion Gas and Shell will each have exclusivity to market up to 1 Mtpa of LNG or for 3 years, whichever is earlier. The next tranche of imports is expected to commence from 2017. Interested gas buyers may approach the appointed importers on their gas supply terms.
- EMA would like to thank all the companies that participated in this RFP. Information on the appointed importers is available on EMA’s website (https://www.ema.gov.sg/LNG_RFP.aspx).