CNEML

China New Energy Mining Limited (CNEML) is our Joint Venture partner and holds 51% of Sino Gas & Energy Limited, with Sino Gas & Energy Holding (SEH) holding the remaining 49%. CNEML is a private company incorporated in Hong Kong and acquired its interest in SGE in July 2016 for US$220 million.


Our-Partners_06

PetroChina

PetroChina CBM holds a 51% interest in the Sanjiaobei PSC. PetroChina CBM is a subsidiary of China National Petroleum Company (CNPC), China’s largest natural gas producer with extensive international experience and strong focus on development of unconventional gas in China.


Our-Partners_03

CUCBM

CUCBM (China United Coalbed Methane) holds a 30% interest in the Linxing PSC. CUCBM is a subsidiary of CNOOC and was the original state owned enterprise formed to develop the CBM industry in China.

 

1CBM Energy has an option to acquire 5.25% of Linxing PSC by contributing 7.5% of back costs.