Founded in 1993, Trafigura is one of the largest physical commodity trading groups in the world. Trafigura supplies, stores, transports and supplies a range of raw materials (including oil and refined products, as well as metals and minerals) to customers around the world. Commercial activities are supported by industrial and financial assets, 49.6% of which are held by puma Energy, a global oil product storage and distribution company; Global terminals, impala Terminals storage and logistics companies; Trafigura Mining Group; and Galena Asset Management. The company is owned by approximately 600 of its 3,935 employees, who work in 62 branches in 35 countries around the world. Trafigura has experienced strong growth in recent years, bringing its revenue from $12 billion in 2003 to $136.4 billion in 2017. For more than twenty years, the group has connected its customers to the global economy and has grown through the promotion of trade. Pavilion Energy Pte Ltd and Singapore LNG Corporation Pte Ltd (SLNG) have signed a new five-year contract for LNG storage and charging services at the SLNG terminal on Jurong Island. This is the first such agreement signed after a tendering process lasting more than two years. Extended contract term allows Pavilion Energy greater flexibility in managing its LNG portfolio, market fluctuations and demand dynamics. Slng said the agreement would be part of its “green strategy” with the system, which will produce about 800 megawatt-hours of renewable energy and has the potential to offset 300 tonnes of annual carbon dioxide emissions. Singapore, June 18, 2018 – Trafigura Pte Ltd (Trafigura) and Singapore LNG Corporation Pte Ltd (SLNG) signed an agreement on May 30, 2018 for storage and recharging services at the SLNG terminal on Jurong Island. This is Trafigura`s second agreement with SLNG to use the excess liquefied natural gas (LNG) storage capacity available in the terminal. Singapore LNG Corporation Pte Ltd (SLNG) was established in June 2009 to build, own and operate Singapore`s first open access LNG terminal.
It is an important infrastructure that supports Singapore`s Energy Supply Diversification strategy and the future economic development of the energy sector. The terminal began commercial operations in May 2013 and its main mission is to provide debit services in the domestic market. In addition, SLNG also offers additional services such as Vessel Cool-down, Storage – Reload and LNG Truck Loading Services. SLNG will continuously explore new business opportunities on LNG, while pursuing its vision of being a first-class LNG terminal operator that will enable the growth of the energy market and the LNG hub in Singapore. Singapore LNG (SLNG) announced on Wednesday that it has signed an agreement with Total Solar Distributed Generation to finance, build and operate a state-of-the-art 600-kilowatt solar power plant on the roof of the terminal. SLNG Terminal has two terminals, three 180,000-m3 LNG storage tanks, a fourth 260,000 m3 tank and extensive regasation facilities, bringing the terminal`s flow capacity to 6 mta. Each of the moorings has four naval upload/reloading weapons, the main bridge that can accommodate LNG carriers with a capacity of 120,000 to 265,000 m3. French supermajor Total will supply a solar electricity system for Singapore`s liquefied natural gas terminal at Jurong Island. Singapore LNG Corporation (SLNG) has built, owns and operates the first OPEN Access LNG terminal in Singapore and Asia with multiple users. It is an important infrastructure that supports the country`s energy security strategy and the development of the LNG industry in Singapore.
French supermajor Total will supply a solar electricity system for Singapore`s liquefied natural gas terminal at Jurong Island. Singapore LNG (SLNG) announced on Wednesday that it has signed an agreement with Total Solar Distributed Generation to finance, build and operate a peak of 600 kilowatts.