China to develop new shale gas fields, plans Guizhou auction this week

China plans to develop two new shale gas fields in the south of the country and open up tenders for more oil and gas exploration blocks, the Ministry of Land Resources said on Tuesday. At a news conference Beijing, ministry officials said China plans to start commercial production of shale gas in the southwestern city of Anye in Guizhou province and Yichang in Hubei province …

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