China to auction 6 shale gas blocks by early Nov
(Agencies)
2010-10-27 11
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China will hold an auction for six shale gas exploration blocks by early November, Reuters reported on Wednesday, citing a government official.
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China is at the preliminary stage of developing shale gas as part of its efforts to reduce dependence on coal to reduce pollution and carbon emission.
Consumption of shale gas in China is expected to reach 15 billion cubic meters by 2020, or 0.45 percent of total energy use by then, local media reported earlier this month, citing a government official.
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