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GTL/CTL

Linc jumps on Chinese UCG to GTL deal

AFTER months of negotiations, Linc Energy has inked a deal to form a joint venture with Golden Concord Holdings to commercialise underground coal gasification to gas-to-liquids in China.

Marija Stojkovic
Linc jumps on Chinese UCG to GTL deal

As part of the deal, Golden Concord's subsidiary GCL Projects will take a 5% stake in Linc through an $A120 million private placement at $4.50 per share, valuing Linc at about $2.3 billion. The joint...

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