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China's Sinochem in early talks to buy stake in Noble: sources

Sinochem eyeing access to Noble's global supply chain

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Taking a stake in Noble would help Sinochem become a more globally active energy trader, and also develop China's gas industry.

Singapore

CHINA'S state-owned Sinochem is in early talks with Noble Group to buy an equity stake in the embattled trader, three sources familiar with the matter said, in a move that would help it gain access to the commodity trader's global supply chain.

Taking a stake in an

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