Review of International Energy News

Ø Sino-russian signed the gas contract on June 21st. In this contact, Russia promised to supply gas to China through the Sino -Russian gas pipeline. This supply will last 30 years.

Ø On the Oil and Gas Summit Forum held in New York, A senior of IEA said, the prediction of recoverable reserves of shale oil will reduce from 137 hundred million to 6 hundred million.

Ø According to a report from ATP, "ice wall" project was approved by Japan's nuclear regulatory agency. This project aims to prevent more radioactive water into the ocean.

Ø A barrage of mostly better-than-anticipated economic data sent the international oil price sharply higher.

.Review of Domestic Energy News

Ø Chinese government will Speed up the implementation of energy-saving emission reduction projects, make clear responsibility of local government and key areas, and explore the establishment of a national carbon emissions trading market

Ø China State Grid held "open distributed power grid engineering, electric vehicle charging station facilities market" press conference and announced that China State Grid will start the mixed ownership reform.

Ø The National Development and Reform Commission issued a notice: The government encourage social capital especially the private investmenttoparticipate in major hydropower, wind power, photovoltaic power and other clean energy projects, oil and gas pipelines and storage facilities, infrastructure construction of modern coal chemical industry and petrochemical industry base.

Ø Xiluodu Hydro power station through the 600 meters security identification and became the world's third largest, China second hydropower station.