Pavilion Energy Trading & Supply Pte. Ltd. (Pavilion Energy) and Zhejiang Hangjiaxin Clean Energy Co., Ltd. (Hangjiaxin) have signed a term deal for the supply of small-scale LNG from Singapore. Under the agreement, up to 0.5 million tonnes per year (mtpa) of LNG will be delivered to Hangjiaxin from 2023.
LNG from Pavilion Energy’s portfolio of natural gas and LNG will be delivered to the 1 mtpa Jiaxing LNG Terminal in Zhejiang, China. The Jiaxing LNG Terminal will be operated by Hangjiaxin, a joint venture between city gas distributors Jiaxing Gas, the largest pipeline natural gas operator in Jiaxing, and Hangzhou Gas, the largest natural gas distributor in Zhejiang province.