SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the month of October, 2006
CHINA PETROLEUM & CHEMICAL CORPORATION
A6, Huixindong Street,
Chaoyang District Beijing, 100029
People's Republic of China
Tel: (8610) 6499-0060
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934. )
Yes X No T
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(If "Yes" is marked, indicate below the file number assigned to
registrant in connection with Rule 12g3-2(b): 82-__________. )
N/A
This Form 6-K consists of:
The announcement of the resolutions of the Fifth meeting of the Third Session of
the Board of Directors of China Petroleum & Chemical Corporation (the
"Registrant"), made by the Registrant in English on October 27, 2006.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
China Petroleum & Chemical Corporation
By: /s/ Chen Ge
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Name: Chen Ge
Title: Secretary to the Board of Directors
Date: October 31, 2006
[GRAPHIC OMITTED]
(a joint stock limited company incorporated in the People's Republic of China
with limited liability)
(Stock Code: 386)
Announcement of the Resolutions of the Fifth Meeting of the Third Session of
the Board of Directors
(Overseas Regulatory Announcement)
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Sinopec Corp and all members of its board of directors warrant the
authenticity, accuracy and completeness of the information contained in this
announcement, and jointly and severally accepts full responsibility for any
misrepresentation, misleading statements or material omissions contained in
this announcement.
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The fifth meeting (the "Meeting") of the Third Session of the Board of
Directors of China Petroleum & Chemical Corporation ("Sinopec Corp") was
convened by way of written resolutions on 27 October 2006, at which the
resolutions relating to the results of Sinopec Corp for the third quarter of
the year of 2006, the adjustment to the capital expenditure plan for the year
of 2006 and the appointment of Mr. Jiao Fangzheng as Vice-President of Sinopec
Corp were considered and reviewed.
The following resolutions were passed at the Meeting:
1. THAT the results of Sinopec Corp for the third quarter of the year of 2006
be approved;
2. THAT the adjustment to the capital expenditure plan for the year of 2006
be approved, with the scale of the investment plan of Sinopec Corp for the
year of 2006 increased from RMB70,000 million to RMB80,391 million;
3. THAT, upon the recommendation of the President, Mr. Jiao Fangzheng be
appointed Vice-Chairman of Sinopec Corp.
For and on behalf of the Board of Directors
China Petroleum & Chemical Corporation
Chen Ge
Secretary to the Board of Directors
Beijing, PRC, 27 October 2006
As at the date of this announcement, the executive directors of Sinopec Corp
are Messrs. Wang Tianpu, Zhang Jianhua, Wang Zhigang, Dai Houliang; the
non-executive directors are Messrs. Chen Tonghai, Zhou Yuan, Fan Yifei and Yao
Zhongmin; the independent non-executive directors are Messrs. Shi Wanpeng, Liu
Zhongli and Li Deshui.