GM&TS sign LNG supply agreement with Pavilion Gas
Gazprom Marketing and Trading Singapore (GM&TS) and Pavilion Gas signed an LNG Sale and Purchase Agreement effective for 10 years. The document stipulates LNG supplies from Gazprom Group’s portfolio to Asian countries, including Singapore.
“Today’s agreement is a backbone of trading relations with Pavilion Gas, which extends our long-term cooperation with Singapore. This deal reinforces our positions in the Asian LNG market and supports our business strategy to further expand into emerging LNG markets,” said Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee.
GM&TS is a wholly-owned subsidiary of Gazprom Marketing and Trading.
Pavilion Gas is a wholly-owned subsidiary of Singapore state-owned Pavilion Energy. The company is engaged in LNG sales across Southeastern Asia, including Singapore.