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ASIA

Sino's $100M mystery partner

SINO Gas & Energy has revealed it's been approached by an unnamed party that wants to make a $US100 million ($A103 million) investment to secure a stake in the China-focused company and help advance its Ordos Basin projects.

Marija Stojkovic
Sino's $100M mystery partner

On Monday, Sino said an unnamed company had signed a letter of intent to fund its Sanjiaobei and Linxing production sharing contracts in China. Some $90 million would be used to advance the PSCs. The...

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