Shell To Acquire Pavilion Energy Assets From Temasek, Expanding LNG Market Reach In Europe And Singapore: Report
Shell To Acquire Pavilion Energy Assets From Temasek, Expanding LNG Market Reach In Europe And Singapore: Report
Singapore-based Temasek Holdings is reportedly on the verge of sealing a deal with Shell Plc. (NYSE:SHEL) for the sale of assets from its liquefied natural gas trading firm, Pavilion Energy.
總部設在新加坡的淡馬錫持倉據報道即將與殼牌公司（NYSE:SHEL）敲定一項交易，出售其液化天然氣交易公司 Pavilion Energy 的資產。
What Happened: The deal, which is expected to be finalized in the coming days, will provide Shell, the world's leading LNG trader, with access to gas markets in Europe and Singapore. The deal's value is estimated to be in the hundreds of millions of U.S. dollars, significantly lower than the initial asking price by Temasek, Reuters reported, citing two sources with knowledge of the matter.
事件經過：交易預計將在未來幾天內敲定，將爲世界領先的液化天然氣交易商殼牌提供進入歐洲和新加坡燃氣市場的通道。據路透社援引知情人士的話報道，該交易的價值預計在數億美元左右，較淡馬錫的最初要價大幅下降。
The Pavilion Energy asset sale will exclude Gas Supply Pte Ltd, which holds a license to import natural gas from Indonesia via pipeline, due to energy security concerns.
Pavilion Energy 出售的資產將不包括燃氣供應私人有限公司，後者擁有從印度尼西亞通過管道進口天然氣的許可證，由於能源安全問題而被排除在外。
Temasek had put the Singapore-based trader up for sale after Pavilion Energy turned a profit in the year to March 2023, driven by robust LNG prices following the Ukraine war.
淡馬錫在 Pavilion Energy 在 2023 年 3 月實現盈利之後，便將這家總部位於新加坡的交易商掛牌出售，受益於烏克蘭戰爭後強勁的液化天然氣價格。
Shell, which already supplies a quarter of Singapore's natural gas needs, will become the city-state's largest gas supplier as a result of this deal.
殼牌已經爲新加坡的天然氣需求提供了四分之一的供應，此項交易結果將使其成爲該城市國家最大的燃氣供應商。
"Pavilion's positions in both the Atlantic and Pacific, alongside LNG bunkering, fit nicely within Shell's existing portfolio and LNG market growth ambitions," said Saul Kavonic, an energy analyst at MST Marquee.
"Pavilion 在大西洋和太平洋的地位以及液化天然氣加油技術，能夠與殼牌的現有組合以及液化天然氣市場增長雄心相匹配，" MST Marquee 能源分析師 Saul Kavonic 表示。
Temasek declined to comment on the report, while Pavilion Energy and Shell did not immediately respond to Benzinga's request for comment.
淡馬錫拒絕就此事置評，而 Pavilion Energy 和殼牌也未立即回應 Benzinga 的置評請求。
Why It Matters: The LNG market has been witnessing significant activity recently. In May, Shell and Exxon Mobil Corp. were reported to be considering the sale of their North Sea assets in a deal valued at $500 million. The potential deal would mark Exxon's complete exit from the North Sea, where it has had a presence since 1964.
事關重大：液化天然氣市場近期一直活躍。今年 5 月，殼牌和埃克森美孚公司據傳正在考慮以價值 5 億美元的價格出售其北海資產。可能的交易將標誌着埃克森自 1964 年以來在北海的完全退出。
However, the energy industry is also facing challenges. On Tuesday, California Attorney General Rob Bonta filed an amended complaint targeting major fossil fuel companies like Exxon Mobil, Shell, BP, and ConocoPhillips, requiring them to forfeit profits earned through illegal activities related to climate change. This has led to increased scrutiny of the industry's practices and could impact future deals and operations.
然而，能源行業也面臨着挑戰。加利福尼亞州檢察長羅布·邦塔於本週二提交了一份修改後的訴狀，針對埃克森美孚、殼牌、英國石油以及康菲石油等主要化石燃料公司，要求它們放棄通過非法活動獲得的利潤，這些活動與氣候變化有關。這導致業界的做法受到了加強的審查，可能會影響未來的交易和運營。
Price Action: Shares of Shell PLC closed at $70.41 on Wednesday, up 0.17%. Premarket trading on Thursday shows a slight dip of 0.27%, according to the data from Benzinga Pro.
價格行情：殼牌股票週三收於 70.41 美元，上漲 0.17%。根據 Benzinga Pro 的數據，週四的盤前交易顯示略有下跌，下跌 0.27%。
Photo courtesy: Shutterstock
圖片來源：shutterstock
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
本報道使用Benzinga Neuro生成，並由Kaustubh Bagalkote
譯文內容由第三人軟體翻譯。