Pavilion energy expands globally with commencement of European operations
Pavilion Energy Pte Ltd welcomed the 2020s with the 1st January completion of the transaction to acquire Iberdrola’s portfolio of LNG and gas assets, and the launch of its Europe operations. From its new European headquarters in Madrid, Pavilion Energy formally commenced LNG trading operations and natural gas supplies into UK and Spain.
As of 1 January 2020, Mr José Simón, formerly the Head of Global Gas at Iberdrola, was appointed Managing Director of Pavilion Energy for Europe. Mr Simón will oversee the organisation’s European gas trading and global LNG portfolio management & origination business divisions. Concomitantly, Mr Alan Heng was appointed Managing Director for Asia, in addition to his current role as Head of the Energy Sales & Market Development division. Both Managing Directors will establish operations in their corresponding regions and strengthen the organisation’s global processes.
“We are delighted to celebrate this milestone that positions Pavilion Energy as a global energy business. We warmly welcome José and our new joiners in Madrid,” said Mr Frédéric H. Barnaud, Group CEO of Pavilion Energy, “We are pleased to have achieved such a seamless transition in close partnership with Iberdrola and with the great support of our many stakeholders. I look forward to working with José and Alan to drive our global organisation and implement our vision.”
Editorial Comment: The Future of FLNG: Less is More?
Global LNG export capacity is expected to increase by 45% between 2017 and 2022, to more than 400 metric MMtpy, with 90% of the new capacity coming from sanctioned projects in the U.S. and Australia. By 2050, this capacity is anticipated to exceed 700 MMtpy. Regasification capacity is anticipated to increase even more sharply.
Executive Viewpoint: Back to production: Where we’re going, we don’t need pipelines
What if a cost-effective way existed to extract and distribute natural gas, regardless of proximity to pipeline, and bring those assets back to production? What if the industry went in a direction that did not need pipelines? For those looking to monetize unproductive natural gas assets or bring unproductive wells back to production, it would be revolutionary.
Regional Focus:Australia to boost LNG exports despite domestic gas shortage
Australia is planning further increases in LNG production and exports over the next decade, despite quickly depleting reserves and a looming supply shortage in the domestic market.
GasPro 2.0: A Webcast Symposium
Following on the heels of the highly successful GasPro 2.0 Webcast Symposium in October 2018, the second GasPro Webcast Symposium 2.0 will take place on October 24, 2019.
The 2019 web event will gather experts in the fields of LNG, gas processing, and gas transport/distribution to share their operations expertise, engineering and design solutions, and technology advances and trends with our audience.
Attendees will learn about technology and operational solutions and deployments in a number of areas: plant design and expansion, construction, NGL production, optimization, sulfur removal, marine operations and separation technology.
October 24, 2019 08:30 AM CDT