Pavilion Energy and Gasum ink agreement

Under a memorandum of understanding (MOU), the partners have agreed to leverage each other’s LNG bunker infrastructure and supply capabilities in their respective regions of operations, to provide global supply points across for their customers.

“Pavilion Energy is thrilled to partner with Gasum and provide customers with a wide supply LNG bunker network for ocean-going vessels sailing between the Far East and Northern Europe,” said Mr Frédéric H. Barnaud, Group CEO of Pavilion Energy. “We will complement this alliance with additional LNG bunkering partnerships in the Mediterranean, North Asia and the Americas. Our network will combine global commercial offerings with regional operational expertise and bring further momentum to the emergence of a thriving LNG bunkering industry.”

“This partnership underlines our aim to build a world-wide partner network. For our customers this mean that we will support them with LNG wherever they are. We are very happy for having Pavilion Energy as a partner in the Far East supporting our shipping customers,” said Johanna Lamminen, CEO of Gasum.

Against the backdrop of a burgeoning industry for LNG as a marine fuel, this partnership combines Pavilion Energy’s LNG bunkering expertise in Southeast Asia with Gasum’s experience as an LNG bunker solutions provider in North West Europe. As a licensed LNG importer and bunker supplier for Singapore, Pavilion Energy has taken several firm steps to invest in and support Singapore’s LNG bunker readiness. Gasum has five LNG bunker vessels in operation and several LNG terminals in the Nordics.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/08102020/pavilion-energy-and-gasum-ink-agreement/