Analysts unmoved by China’s latest shale gas auction delay21 August 2012
Confirmation last week that China will delay its second tender for shale gas blocks came as no surprise to analysts, who expect further holdups as Beijing attempts to draft a viable strategy for tapping its vaunted shale resources.
In the latest setback, China’s Ministry of Land and Resources (MLR) confirmed to Interfax last week it would delay the licensing round until September.
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