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Pavilion Energy Starts Operations in Europe

Gasoil News - Published on Thu, 16 Jan 2020

Image Source: Pavilion Energy
Singapore gas importer and marketer Pavilion Energy has started operations in Europe following its acquisition of gas assets in Spain, in its first major expansion outside Asia. Pavilion, owned by Singapore state-owned investment company Temasek Holdings, launched its new European headqarters in Madrid and said it has started LNG trading operations as well as supplying natural gas to the United Kingdom and Spain. It appointed Iberdrola's head of global gas Jose Simon as managing director for Europe, overseeing the company's European gas trading and global LNG portfolio management and origination business divisions.

Pavilion completed the purchase of Spanish energy company Iberdrola's liquefied natural gas and gas assets on January 1, doubling its portfolio and giving it access to European regasification terminals as well as Atlantic supplies.

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Posted By : Yogender Pancholi on Thu, 16 Jan 2020
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