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Pavilion Energy signs new five-year lease for SLNG tank

The new lease marks an extension of Pavilion Energy's holding tank capacity in Singapore's sole LNG terminal after spot trades in the supercooled fuel expanded over the last three years. This is the longest tenure so far among the tank leases secured by SLNG

Access to tank capacity at the terminal is expected to facilitate more LNG spot trades, a joint statement on the new lease agreement suggested

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