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Sinopec Sets Up Coalbed Methane Firm in Shanxi w/ Registered Capital RMB450M: Report
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SINOPEC CORP (00386.HK) (600028.SH) has recently established a wholly-owned subsidiary, Sinopec (Shanxi) Coalbed Methane (literal translation of "中石化(山西)煤層氣"), Chinese media reported, citing data from Qichacha.

With a legal representative named Liu Xiao and a registered capital of RMB450 million, the newly established company will be engaged in onshore oil and gas extraction, mineral resource exploration, gas operations, as well as power generation, transmission, and supply services.
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