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Energy demand core transferred to Asia; Natural gas shortage emerging
Author: Source: Date:2014-07-17 Views:

Review of International Energy News

◆ World Energy Outlook 2013, published by IEA on Nov.12, says the core of energy demand is transferred to emerging market countries, especially China, India and Middle East countries.

◆ A preliminary report released by World Meteorological Organization (WMO) projects the trend of continuingly global warming.

◆ The approval of a draft law on export liberalization of liquefied natural gas marks the breakdown of monopoly of Gazprom.

◆Tokyo Electric Power Co said the radiation intensity around the Fukushima plant tanks reached a new record peak.

◆ Researchers of America declare that they have mapped the first high-definition image of global forest cover change since 2000.

Review of Domestic Energy News

◆ Unconventional oil and gas industry alliance has been established in Beijing on Nov. 15.

◆ A shortage of natural gas supply probably will arise due to the transformation of heating fuel from coal to natural gas as a responding to atmospheric pollution control.

◆ Shale gas price reform is expected to speed up according to the bulletins of the 3rd Plenary Session of 18th CPC Central Committee.

◆ The data from National Energy Administration indicates that the industrial electricity consumption in Oct. has increased by 8.5% year on year.

◆ NDRC has decided to decline the domestic prices of gasoline and diesel by 160 yuan/t and 155 yuan/t respectively.