Review of International Energy News

◆ Moscow has filed its first case with the World Trade Organization against the European Union，claiming that Russian companies were being unfairly penalised for Russia’s low domestic energy prices.

◆ Ongoing violence in South Sudan is having a ripple effect on the global oil market.

◆ The Japanese government has decided to extend the radiation cleanup surrounding the Fukushima nuclear power plant by up to three years.

◆ Russian officials said that increasing exploitation of oil and gas in the Arctic caused marine environmental pollution and Russia had took a great deal of measures to protect marine ecosystem.

Review of Domestic Energy News

◆ According to National Development and Reform Commission and Ministry of Industry and Information Technology, the policy of multi-step electricity pricing will be implemented in aluminum electrolysis industry.

◆ Starting Jan 1,2014, China will grant zero-tariff treatment to all the imported coal products, according to the Tariff Implementation Plan for 2014 issued by the Tariff Policy Committee of the State Council.

◆ China adjusted the fuel price fifteen times in 2013, a new record in the adjusting frequency.