News & Events
[09/07]Singapore burrows beneath Jurong Island for oil storage; NEA signs an agreement for air pollution prevention
Author：Jing Tian Source：ceep Date：2014-09-09 Views：
Singapore burrows beneath Jurong Island for oil storage;
NEA signs an agreement for air pollution prevention
（2014/09 /01-2014/09/07）
Review of International Energy News
——The first subterranean petroleum storage tank in Southeast Asia was built in Jurong Island of Singapore as a storage solution in the land-scarce island-republic.
——The CEO of Royal Dutch Shell plc suggest USA lift a ban on petroleum exports to stabilize the world energy market.
——Russia's Gazprom and CNPC will decide whether the gas pipeline to run through Mongolia or not in the consideration of the complex terrain and the possibility of damaging natural reserves.
——The Japanese electric vehicles have been in popularization in time as being overall more economical than gasoline cars and will reach the amount of 3 million production in 2030 according to HIS, a US market research organization.
Review of Domestic Energy News
——National Energy Administration signed the assignment of the construction of transmission for air pollution prevention with State Grid Corporation of China and China Southern Power Grid on September 3rd, 2014.
——National Development and Reform Commission imposed a cut on 0.0093 yuan per kilowatt hour to control the wholesale prices that distributors pay for electricity from coal-fired plants.
——Catalogue of encouraged industries in Western China issued by National Development and Reform Commission will be implemented since October 1, 2014.