Commerce Ministry approves wholesale license for 5 firms

China’s Ministry of Commerce has approved the applications of five companies to sell petroleum products in the wholesale market. These companies are Sinochem International Petroleum (Tianjin) Corp.; Hebei Pacific Dangerous Cargo Store, Delivery and Sales Corp.; Tandshan Bohai Petroleum Corp.; Shanxi Yanshan Petroleum Chemical Industrial Corp. and Hunan Heshun Petroleum Chemical Corp. The ministry made the announcement in accordance with relevant provisions of China’s Administrative Permission Law and Measures for Management of Refined Oil Market. (January 14, 2009)