Sino Gas & Energy executes gas sales deal

Company News

Sino Gas & Energy Holdings Limited (ASX:SEH) has executed a gas sale agreement for the sale of gas from Linxing Gas Station. 

The energy company has also affirmed Linxing central gathering station is on track for commissioning in the middle of this year. 

The contracted gas price of $US9.62 per thousand cubic feet is effective until the end of this year and adjustable on an annual basis. 

Managing Director Glenn Corrie says the agreement concludes one of the key commercial requirements prior to bringing on first pilot production. 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?