Temasek-owned Pavilion Energy, which supplies one-third of Singapore's downstream natural gas demand, is making strides towards its ambition of becoming a global player in the liquefied natural gas (LNG) industry.
Its acquisition of Spanish utility giant Iberdrola's portfolio of LNG assets, which was announced in June, will be completed by Jan 1 next year. Pavilion Energy is setting up its European headquarters in Madrid to expand its operations.
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