China is expected to hold its second shale gas auction in July, with private investors allowed to bid for the first time, local media said on Friday.
More than 70 companies have expressed interest in participating in the shale gas tender, a third of which are private enterprises, local media quoted Zhang Dawei, head of oil and gas strategy centre of the Ministry of Land and Resources, as saying.
Foreign firms will be excluded from the auction, the ministry has said.
The ministry could not immediately comment on the news when contacted by Reuters.
Read Full Article HERE









