Review of International Energy News

◆ French Energy Regulatory Commission announced subsidy rate on solar feed-in tariff for the first quarter of 2014.

◆ According to Ore Team, India’s coal imports increased 21% to 152 million tonnes in 2013.

◆ YPF has taken full ownership for an exploration block in Argentina’s Neuquen province and Mendoza province, that belonged to Petroleo Brasileiro SA previously.

Review of Domestic Energy News

◆ State Grid Corporation of China won the bidding for a UHVDC project in Brazil.

◆ According to Ministry of Land and Resources, the quantity of coal in China is estimated to be 5.9 trillion, among which proved reserves are 2.02 trillion.

◆ The second West-East Gas Transmission Pipeline has delivered over 70 billion cubic meters of natural gas since it went into operation three years ago.

◆ A huge integral gas field was found in Sichuan province China, with 436.3 billion cubic meters of gas in proven reserves.