Review of International Energy News

◆In 26th, March, WTO Announced the panel report which involved the measures for the export of Rare earths, tungsten, molybdenum of China. This measures was sued by the U.S., E.U. and Japan. In this report the WTO ruled against China on export controls for the Products involved in the case.

◆According to the U.S. Energy Information Administration weekly, the crude stocks of the U.S. increased 6.6 million barrels and surprised Reuters survey expectation by any large degree.

◆TheGazprom held talks with Kuwait and Egypt on the expansion of liquefied natural gas (LNG) supplies, this talksmarked the Russia’s energy export is looking to Asia.

◆Japan officially released photovoltaic benchmark price between april 2014 and march 2015.

Review of Domestic Energy News

◆The integration of jing-jin-ji area became the third pole of the National Strategy to economic growth.

◆As Chinese economy has entered a schedule change, the glut of refined oil appeared and refining overcapacity problems have become increasingly prominent in this context. refined oil exports may be an important tool for regulating the domestic supply and demand.

◆The relationship between supply and demand of coke was imbalance and the structural contradiction became increasingly shrill.

◆In the industrial economy "steady growth" expectations, China's energy saving and emission reduction will face enormous pressure. however, Automation industry has a huge market with big potential