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China Oil and Gas Market Update

Main Update Highlights from entire month of June, 2013

British classification society Lloyd’s Register (LR) has signed the classification contract for six
174,000 cu m liquefied natural gas (LNG) tankers to be built by Hudong Zhonghua Shipbuilding, breaking
the Chinese class LNG stranglehold previously held by ABS and China Classification Society.

Beijing Enterprises Holdings Limited (sehk:0392) plans to acquire 9.3 billion new shares of China
Leason CBM & Shale Gas Group Co., Ltd. (sehk:8270) for CNY 2.418 billion.

Kuwait becomes China”s No.1 LPG supplier ‐ Kuwait became China’s No.1 supplier of liquefied
petroleum gas (LPG) in May, accounting for almost half of the Asian nation’s total LPG imports, the latest
government data showed.

China Exported 1241 MT of Base Oil during April 2013.