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Temasek unit buys Tanzania LNG asset stake

Friday, November 15, 2013 - 06:00

[SINGAPORE] Armed with a war chest of US$6.9 billion, Temasek-owned Pavilion Energy has bought into its first upstream LNG asset, paying US$1.288 billion for a 20 per cent stake in offshore liquefied natural gas exploration concessions in Tanzania. The company announced yesterday that it has

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