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Progress in Linc Energy S-Africa coal-gas deal

Firm gets second tranche payment of A$20m, as project moves further ahead

RECENTLY listed Linc Energy is making headway in its first commercial underground coal gasification project (UCG) in sub-Saharan Africa.

The Australian upstream oil and gas firm has received A$20 million (S$22.45 million) from coal producer Exxaro Resources under an agreement both signed last year to...

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