‘Golden Age’ of gas coming to the world; China to cut value-added taxes for struggling coal companies

（2015/04/06-2015/04/12）

Review of International Energy News
 ——According to International Energy Agency, we will enter a golden age of natural gas only when the large-scale development of unconventional natural gas is profitable and eco-friendly.
——Saudi Arabia delivered the most powerful signal yet that oil prices are not poised to rebound any time soon by abandoning its passive response to the world oil glut.
——The largest solar power plant in Africa will be built in Ghana, the British company behind the plan said on 7th April.
——London-listed UK Oil & Gas Investments said the report estimated 158 million barrels per square mile could be lying below the site just north of Britain's second-largest airport, much more than first thought.

Review of Domestic Energy News
——China is considering plans to cut the value-added tax (VAT) paid by coal companies from 17 per cent to 13 per cent to support a sector stricken by slowing demand, the official China Securities Journal said on 10th April.
——Retail prices for gasoline will increase by 120 yuan (19.6 U.S. dollars) per ton and diesel by 115 yuan, according to National Development and Reform Commission on 10th April.
——According to ICIS China, China is entering a new normal phase of oil security with the changing idea from establishing the military bases to keeping the major-power relations.