AUSTRALIA

LCE secures Chinese interest

SOUTH Australian UCG concern Leigh Creek Energy has signed a heads of agreement with leading Chinese concern Shanghai Electric Power Generation to consider developing a new gas-fired power station in the state, fuelled by the explorer's vast gas resources beneath the Leigh Creek coal field.

The new partners say they will work together on the project, initially setting up a joint venture company. "We are very pleased to have developed our relationship to the point where we have now agreed...

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