UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 14, 2006 CHINA NATURAL GAS, INC. (Exact name of registrant as specified in its charter) Delaware 000-31539 98-0231607 (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification Number) Tang Xing Shu Ma Building, Suite 418 Tang Xing Road Xian High Tech Area Xian, Shaanxi Province China (Address of principal executive offices) (zip code) 86-29-88323325 (Registrant's telephone number, including area code) Copies to: Marc J. Ross, Esq. Yoel Goldfeder, Esq. Sichenzia Ross Friedman Ference LLP 1065 Avenue of the Americas New York, New York 10018 Phone: (212) 930-9700 Fax: (212) 930-9725 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.03 Amendment to Articles of Incorporation or Bylaws. On June 14, 2006 China Natural Gas, Inc. (the "Company") adopted the Amended and Restated By-laws, attached hereto as Exhibit 3.1, which have amended the previous By-laws of the Company in their entirety. The Board of Directors of the Company made the determination to revise the By-laws to address various issues and to make sure that the Company is in compliance with the listing standards of the American Stock Exchange. Item 8.01 Regulation FD Disclosure On June 14, 2006, the Company adopted a Code of Ethics that is applicable to its officers, directors and employees, attached hereto as Exhibit 14.1. Item 9.01 Financial Statements and Exhibits. (c) Exhibits. 3.1 Amended and Restated By-laws of China Natural Gas, Inc. 14.1 Code of Ethics 2 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHINA NATURAL GAS, INC. Dated: June 16, 2006 By: /s/ QINAN JI --------------------------- Qinan Ji, Chief Executive Officer 3