Asia

Pavilion Energy sets up downstream subsidiary

Singapore: Temasek invested Pavilion Energy has formed Pavilion Gas to handle its downstream gas operations in Singapore. The new subsidiary will also take care of regional trading and distribution. Pavilion Energy remains the vehicle to handle upstream functions.

Founded in April by Temasek, Singapore’s sovereign wealth fund, Pavilion Energy was formed to invest globally across LNG-related businesses, including LNG trading and exploration as well as storage, processing and shipping. [11/07/13]


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