Review of International Energy News

◆ North Korea launches the third nuclear trial, which triggers strong critiques of the world.

◆ The International Energy Agency (IEA) forecasts that the global oil demand would be declined to about 90.7 million barrels per day in accordance with the decreasing growth of GDP.

◆ Greece Italy and Albania agree to sign the contract of constructing a new LNG pipeline which will run across the Adriatic Sea.

Review of Domestic Energy News

◆ China has taken the management of the Gwadar Port, in the hope to find a new channel facilitating the oil trade between China and the Middle East countries.

◆ Beijing officially starts the first trial of energy consumption quota trade, features the energy saving projects, which sum up to 216.6 tons stc.

◆ China National Offshore Oil Corporation obtains the certain approval in connection with the proposed acquisition of Nexen.