Gazprom Marketing and Trading Singapore Pte Ltd (GM&TS) has announced that it has signed a sale and purchase agreement (SPA) with Pavilion Gas Pte Ltd.
The 10-year SPA covers the supply of 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.”