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Maroc Maroc - ENERGY PEDIA.COM - 18/Jun 11:13

Shell signs agreement to acquire Pavilion Energy

Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy. Pavilion Energy includes a global liquefied natural gas (LNG) trading business with a contracted supply volume comprising about 6.5 million tonnes per annum (mtpa).

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