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Riding on underground coal gasification
Published Thu, Nov 28, 2013 · 10:00 PM
LINC Energy, which plans to list in Singapore, will divest its coal and oil assets, eventually turning into a pure gas play.
The firm is betting that growth in energy use will be through gas.
"Most of Asia, other than one or two countries, are coal-based economies," said its managing director Peter Bond. "There's a lot of pressure to change that into gas."
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