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Cairn finds $400m buyer for Sangomar stake

Cairn finds $400m buyer for Sangomar stake

Cairn Energy (CNE) was in a privileged position in March compared to fellow oil and gas producers. Its debt was low and the only question was the $600m (£467m) or so needed to fund its share of the development of the Sangomar offshore project in Senegal, which it discovered in 2014. 

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