Temasek to set up LNG investment arm Pavilion Energy

摘要

Singapore-Singapore's Temasek Holdings has incorporated a new LNG investment arm, Pavilion Energy, to tap into Asia's growing energy demand, the state-owned company said late April 5. Pavilion would have initial capital of S$1 billion ($806 million) and is set to start operations in September, Temasek said in a statement. The company would "participate and invest in various parts of the LNG value chain to ensure long-term LNG supply," the company added.