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Sinopec Moves To Enter Shanxi CBM Market

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June 2, 2011

Sinopec Corp., Beijing, (NYSE: SNP) has established a joint venture, Shanxi Guohua Energy, with Shanxi GeMeng International to enter the coalbed methane market in Shanxi province, according to the Oriental Morning Post.

According to the Shanxi Provincial Development and Reform Commission, the joint venture will oversee the construction engineering works of the Taiyuan-Changzhi section of the ...

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