Oct 26 (LNGJ) - The Chinese Ministry of Land and Resources said it received 152 bids in the country's second auction of shale-gas exploration rights. Bidders are showing interest mainly in blocks within or near the southwest Sichuan Basin, described by experts as closest in geological formation to successful US shale plays.
Chinese shale auction bids
Written by John McKay
Friday, 26 October 2012
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