Minimums set on China shale gas exploration

Winning bidders at auctions for the second round of shale gas development rights will be asked to surrender their rights if they fail to invest at least 30,000 yuan (HK$37,200) per square kilometre of exploration area annually, according to an official at the Ministry of Land and Resources.

via Business feed http://www.scmp.com/business/commodities/article/1076609/minimums-set-china-shale-gas-exploration