Shell, Aramco in final stages of Temasek-owned Pavilion Energy talks

Shell, Aramco in final stages of Temasek-owned Pavilion Energy talks

FILE PHOTO: An LNG tanker passes boats along the coast of Singapore February 3, 2017. Picture taken February 3, 2017. REUTERS/Gloystein Henning/File Photo

Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned liquefied natural gas (LNG) trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligence process, three sources with knowledge of the matter said.

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