China to Hold Second Shale-Gas Auction in Fourth Quarter, Official Says

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Publish time: 10th October, 2011      Source: ChinaCCM
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China will hold a second shale-gas block auction in the fourth quarter, according to Zhang Dawei, deputy director of oil and gas strategy research at the Ministry of Land and Resources.

More domestic companies will be invited to participate compared with the first auction, Zhang said by phone today. A detailed plan hasn't been finalized yet, he said.