FILE PHOTO: Detail is seen on a BP EV charge point in London, Britain, January 30, 2021. REUTERS/Toby MelvilleSINGAPORE: Singapore's Pavilion Energy has signed a 10-year deal to buy liquefied natural gas from BP's Singapore unit starting in 2024, the companies said on Wednesday , as the country seeks to diversify its gas supply sources.
Singapore is trying to diversify its gas imports as its long-term piped-gas contracts with neighbouring Indonesia start to expire from 2023. When issuing a buy tender for LNG last year, Pavilion had asked potential suppliers to outline their carbon mitigation efforts because it aims to eventually make its purchases carbon neutral.Leading industry traders and consumers have been seeking more transparency on carbon and methane emissions in the gas value chain amid a global decarbonisation push.
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