26SEP2019 - NEWS - Singapore gas importer Pavilion eyes Europe to drive global LNG ambitions

Singapore's gas importer and marketer Pavilion Energy is targeting new markets in Europe and expanding in Asia in a bid to become a global liquefied natural gas (LNG) trader, its chief executive said.

The company expects a turnover of US$3 billion next year with half the amount to come from its Europe portfolio after a recent acquisition and the rest from Singapore, Frederic Barnaud, Pavilion Energy's group chief executive said in an interview.

Pavilion, owned by Singapore's sovereign wealth fund Temasek Holdings, does not publish annual accounts and declined to reveal last year's turnover.

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