InterOil Corporation Downstream Operations Overview PAPUA NEW GUINEA THE NEXT GLOBAL LNG SUPPLIER Peter Diezmann General Manager Downstream November, 2010
DOWNSTREAM BUSINESS UNIT Contents Overview Network Volumes Margins Marketing General Market Overview Potential New Business Commercial Business Retail Business Questions 3
Retail Distribution InterOil supply petroleum products to 53 retail service stations operating under the InterOil brand Of these 53 services stations, 16 are either owned or leased to InterOil The remaining 37 are independently…
Wholesale Distribution InterOil own, operate 8 large MR Port terminals 7 LCT port terminals 11 airfield bulk facilities. All bulk fuels are sourced from the InterOil Refinery All shipping managed by a central InterOil Shipping…
Major Locations in PNG 6
Total Volumes Total Volume (Litres x 1000) October 2010 YTD Volumes Actual Budget 2009 000's 70,000 Diesel 357,273 365,108 339,027 60,000 Jet 74,911 68,349 66,674 ULP 26,395 28,607 28,405 50,000 Zoom 5,070 3,598 3,853 Kero 7,108…
Downstream Margins Gross Margin (K000s) Diesel & Jet IPP Price Movements 18,000 16,000 20.00 14,000 15.00 12,000 10.00 10,000 5.00 Diesel 8,000 Jet 6,000 0.00 Jan 10 Diesel Feb March April May June July…
Downstream ICCC Determination The ICCC has finally handed down its findings for the five year margin review for the 2010 to 2014 period. The original draft determinations for calculating the movement in wholesale margins was CPI-8%…
Downstream Marketing 2010 10
Marketing Current Market Overview The Papua New Guinea resources boom kicked up a gear late last year with confirmation of the Exxon LNG Project closely followed by InterOil's announcement of its own project. The Exxon LNG Project in…
12
Marketing Commercial Business Commercial business contributes to 65% of IPLs total volume throughput and is also the fastest growing segment. In 2010 Commercial business will account for circa 400 million litres of our sales. The EPC…
14
Marketing Retail Development Retail Service Stations are the public face of any Petroleum Supplier and IPL has injected capex and revex funding to further develop this sector of the business. A number of our Company owned Retail Sites…