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New Temasek unit wants to start regional LNG trading within three months

Published on Sep 25, 2013 3:22 PM
 

TEMASEK Holdings' newly set-up liquified natural gas (LNG) unit Pavilion Energy plans to begin regional trading of LNG within the next three months.

Pavilion Energy chief executive Seah Moon Ming added at a conference on Wednesday that his company, which started operations just this month, is looking at regional and global partnerships and investments as it taps into the highly-promising LNG market.

"We will secure LNG supplies from diversified global sources and at the same time create an aggregate gas demand in Singapore and the region," said Mr Seah.

"We are looking into global investments with the aim of building a diversified asset portfolio to enhance our efficiency and competitiveness."

 
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