China's Liaoning Lists 7 Exploration Rights for Auction on June 1, Involving Oil, Gas, and Geothermal Resources
2026-06-03 15:30
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en.Wedoany.com Reported - The Department of Natural Resources of Liaoning Province has publicly listed seven exploration rights for auction, covering multiple mineral types including oil and natural gas, iron ore, geothermal resources, and quartzite. On June 1, the department commissioned the provincial Public Resource Trading Center to issue the auction announcement. The exploration rights offered include the geothermal pre-feasibility survey exploration right in Santaixiang, Wafangdian City, Liaoning Province. This initiative aims to increase the market-oriented transfer of mining rights, actively attract social capital to participate in mineral resource exploration and development, transform resource advantages into economic growth momentum, and unlock the province's mineral resource potential. The transactions will strictly adhere to the principles of openness, fairness, and justice, with standardized procedures.

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