Review of International Energy News

◆ Japan negotiated trade deal on shale gas with Canada, hoping to establish a new partnership.

◆ Trelleborg Marine Systems has been awarded three contracts to supply fender systems to the Queensland Curtis LNG, Gladstone

◆ The expected quit of QE makes the international oil price sharply declined.

◆ China becomes the largest trade partner to the U.S.A for the coal importing.

Review of Domestic Energy News

◆ The Russian oil giant, Rosneft has agreed to a giant US$270 billion deal with China, which is solid evidence of the Kremlin’s move to refocus its hydrocarbon exports towards Asia and away from an economically weakened Europe.

◆ Greka Drilling Ltd. has been awarded a second contract by China National Petroleum Corporation’s Huabei Oilfield Company for the Anze coal bed methane project in Shanxi, China.

◆ NOVATEK and China National Petroleum Corp. concluded a framework agreement within the Yamal LNG project, which provides for them to take a stake in the company secure LNG supplies.