ANNOUNCEMENT 30 Nov 2010
In November 2010, the government of China announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
PRC Ministry of Commerce, November 30th, 2011. (商资函984号 关于同意中国石油天然气集团公司等三家公司开展对外合作开采煤层气资源试点工作的通知)
On 30 November 2010, the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Land and Resources and the National Energy Administration jointly approved the pilot projects exploiting coalbed methane jointly by Chinese and foreign firms.
According to the approval, China National Petroleum Corporation (CNPC), Sinopec Ltd. and Henan Provincial Coal Seam Gas Development and Utilization Co., Ltd. are allowed to cooperate with foreign firms in exploiting coalbed methane within the area approved by the State Council.