Global context and integration of CSR into Totals strategy Jean-Jacques Mosconi Senior Vice President, Strategy Investor Relations, London, November 19th, 2009
Global economic recession : a strong impact on oil demand Oil demand annual growth Oil and gas price Mb/d /boe 4 140 Brent 3 120 2 +1 Mb/d 100 1 80 Henry Hub 0 60 -1 40 -2 20 -1.7 Mb/d -3 2004 2005 2006 2007 2008…
Energy demand will grow driven by emerging countries needs Population GDP Energy demand (purchasing power parity) Average growth per year Trillions Billions 2005-2030(e) 2005 Mboe/d 10 200 350 1.2% 1% 3.6% 8 1.5% 1.8% 150…
Fossil energies still to represent 75% of energy supply in 2030 World energy supply Mboe/d 350 Solar, wind, other renewable energies Hydro 300 Biomass excluding biofuels Nuclear 250 Coal 200 Fossil energies 150 represent…
Significant hydrocarbon resources yet to be produced Oil resources Gas resources 3,000 Bboe 100 years Unconventional resources oil shale, shale gas, coal bed methane, tight gas 2,000 Bboe 70 years 115 years Heavy oil 95 years 50…
Oil production by 2020-2030 approximately 95 million barrels per day Impact of the economic crisis on global oil Oil production by region production by 2015(e) CIS Mb/d 100 09 30(e) -4 Mb/d from previous estimates Rest of…
Growth potential for gas production comes mainly from the Middle East, CIS and Africa World gas production Gas production by region CIS Bcf/d Russia +1.6%/y 400 09(e) 30(e) LNG +196% Atlantic Basin Asia Bcf/d 100 200 09(e)…
Oil and gas demand driven respectively by transportation and power generation Oil demand by sector Gas demand by sector Mb/d Bcf/d 400 +1.6%/y 100 +0.7%/y Industrial +34% Transportation +23% Residential +10% 50 200…
Power generation : growing demand will require diversified mix Energy for power generation Mboe/d Among hydrocarbons, natural gas provides 140 the cleanest energy source Solar +6050% +1.7%/y Wind +620% 120 Biomass +290% Coal to…
Renewables are growing fast but will still represent a limited part of the energy mix in 2030 Rate of growth pa. 2010-2030 (%) Pros Cons Limited potential Hydro Low CO2 intensity Environmental impact (population displacement)…
Climate change : limiting greenhouse gas emissions is needed for sustainable growth GHG* emissions Bt/y 45 International Energy Agency Nuclear 40 CO2 capture and storage Reference Scenario Renewables & biofuels (Business as…
Integration of CSR into Totals strategy Investor Relations www.total.com 3C2914
Totals core business to remain oil and gas for the long term More than 40 years of oil and gas resources* Resources* : 40 Bboe (at December 31, 2008) Europe and CIS Other gas Resources* 40 years LNG Americas Other liquids…
IOCs future E&P projects will be more complex and involve higher environmental constraints Deep offshore LNG Heavy oil Technological frontier Increasing the efficiency A challenging resource to More difficult crudes of…
Strengthening partnerships to secure long-term opportunities Main long-term partners of Total Total has close ties to host countries Canada Russia Sinopec Gazprom, Novatek Participating with host countries to supply energy needs…
Anticipating the future energy demand Increasing leverage to R&D Totals capital employed in new energies Resources : 35% Environmental Exploration efficiency B performance : 10% EOR 2 Air, water, biodiversity Oil sands CO2…
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