Temasek sells Pavilion Energy to Shell subsidiary

Asset manager Carne Investments has reached an agreement to divest 100% of its shares in Pavilion Energy to Shell Eastern Trading, a subsidiary of energy giant Shell. Pavilion Energy is a Singapore-based LNG player owned by Carne Investments, an indirect wholly-owned subsidiary of Singapore’s state-owned investment firm Temasek. It markets and trades LNG in Europe …

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