27 October 2015, Singapore – Gazprom Marketing and Trading Singapore (GM&TS) Pte Ltd has signed a 10-year sale and purchase agreement (SPA) with Pavilion Gas Pte Ltd (Pavilion Gas) for the supply of liquefied natural gas (LNG) in Asia, including Singapore.
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, said, “This agreement is a milestone in GM&TS’ commercial relationship with Pavilion Gas and enhances our long-term partnership with Singapore. This agreement strengthens our LNG presence in Asia and supports our diversification strategy into new growing LNG markets”.
GM&TS is a wholly-owned subsidiary of Gazprom Marketing & Trading (GM&T).
Pavilion Gas Pte Ltd is a wholly-owned subsidiary of Pavilion Energy Pte Ltd.