US EditionShell completes purchase of Singapore LNG trader Pavilion from Temasek
8 Articles
8 Articles
Shell Expands Global LNG Reach with Strategic Acquisition of Pavilion Energy
Shell Expands Global LNG Reach with Strategic Acquisition of Pavilion Energy (IN BRIEF) Shell Eastern Trading Pte. Ltd. has completed its acquisition of Pavilion Energy Pte. Ltd., a Singapore-headquartered company with a global LNG trading portfolio of approximately 6.5 mtpa. The deal, which includes LNG supply contracts, regasification capacity, and bunkering operations, supports Shell’s goal to increase LNG sales by 4-5% per year until 2030. T…
Shell, through one of its subsidiaries, has completed the acquisition of 100% of Pavilion Energy’s shares, announced in June, with the integration of its assets into Shell’s portfolio immediately. Pavilion Energy, based in Singapore, operates a global liquefied natural gas (LNG) trading business with a contracted supply volume of approximately 6.5 million tons per year (mtpa). The acquisition includes Pavilion Energy’s LNG purchase and supply co…
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