Withinitial capital of $800m Pavilion Energy will focus on trading and exploration,storage, processing and shipping.
Due to start in September, the company will be headed up by SeahMoon Ming, who joined Temasek last month from ST Engineering.
HassanMarican, former chief executive of Malaysian oil giant and major LNG playerPetronas, has been named as chairman.
News of the new fund comes just days afterstate-owned Singapore LNG Corp (SLNG) took delivery of its first LNG cargo asit prepares to launch its first LNG import and storage terminal.
Thelaunch
