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ARTICLE · 12 SEPTEMBER 2012

China Launches Second Bidding Round For Shale Gas Projects

Jones Day
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On September 10, 2012, China's Ministry of Land and Resources ("MOLAR") announced on its official web site that it is now inviting tenders for its second shale gas bidding round.

ChinaEnergy and Natural Resources
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Joanne Du
Joanne Du
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On September 10, 2012, China's Ministry of Land and Resources ("MOLAR") announced on its official web site that it is now inviting tenders for its second shale gas bidding round. The bid will be open from September 10 to 14, 2012, and a deadline for tender submissions has been set for the morning of October 25, 2012. The auction closely follows, beginning at 9:30 a.m. on the same day.

This second bidding round has been much anticipated by the industry since the first bidding round last summer. This time, 20 blocks are put out for the auction. The new areas being offered cover a total area of 20,002 square kilometers, spanning eight provinces including Guizhou (five blocks), Chongqing (three blocks), Hunan (five blocks), Hubei (two blocks), Henan (two blocks), Anhui (one block), Jiangxi (one block), and Zhejiang (one block). Among these blocks, 11 blocks are larger than 1,000 square kilometers. Hefeng Shale Gas Block in Hubei is the largest block, covering an area of

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