Totals Downstream and Petrochemicals in the Middle East Jean-Jacques Mosconi Senior Vice President, Strategy & Business Intelligence Investor Relations Middle East Field Trip November 2008
Downstream and Petrochemicals environment in the Middle East Investor Relations Middle East Field Trip www.total.com 3C2130
Middle East demand driven by transportation and development of petrochemicals and industrial projects Oil products demand Demand in the Middle East Europe and CIS Mb/d 10 07 30(e) Transportation +40% North America Asia…
Middle East to represent 30% of grassroots refineries by 2015(e) Additional grassroots 1 capacity over 2008-2015(e) CIS 0.3 Mb/d Europe 20 8 10 2 North America Asia 5.5 Announced Probable Additional oil supply 2 35 2…
Middle East becoming a major exporting and arbitrage platform for polyolefins Asia polyolefins supply-demand Mt/y Regional demand SE Asia 60 Japan, Regional Taiwan, 40 supply Korea 20 China 2000 2007 2015(e) Middle…
Competitive advantage of Middle East petrochemicals Cost structure for polyethylene sold in China Middle East : new cracker projects 5 Naphtha cracker Ethane cracker Number of Mixed feed (ethane + LPG) 100% ethane Cost (/t) (China)…
Growing Totals Downstream and Petrochemicals in the Middle East Investor Relations Middle East Field Trip www.total.com 3C2130
Building strategic partnerships with producing countries to valorize selective feedstocks Main refining and petrochemicals growth projects Algeria ethane cracker Qatar ethane crackers 1,100 kt/y ethylene + derivatives in Arzew Qapco…
Developing Downstream and Petrochemicals in the Middle East thanks to integration Iran Qatar Condensate refinery Ras Laffan refinery (10%) : 146 kb/d Dolphin UAE pipeline Oman Saudi Arabia LNG plants s te sa Gas from New…
Up to 40% of Petrochemicals results from the Middle East and Algeria by 2015(e) % from Middle East and North Africa Petrochemicals adjusted net operating income in ethylene capacity 2015(e) global 2015(e) results 9.6 7.4 4.9 4.1…
Strengthening Downstream portfolio thanks to Jubail 27 refining projects in the Middle East Downstream adjusted net operating income Jubail 2015(e) results 400 kb/d Jubail SYRIA IRAQ IRAN 2007 Africa Asia 2015(e) at 60 /b…
Middle East projects to increase long-term profitability of Totals refining and petrochemicals Capex and additional cash flow* B 1,0 1.0 1,0 2.5 B Capex over 2008-2013(e) Jubail Projects solid in the current environment 0,5 0.5…
Focus on Jubail Investor Relations Middle East Field Trip www.total.com 3C2130
Jubail : a strategically located world class refinery Kuwait Northern Area Producing ZULUF MARJAN Iran Integrated project Safaniya Manifa A ra bi Safaniya and Manifa Arab Heavy fields an Jubail G Arab heavy…
Jubail : a full conversion export refinery LPG, Naphtha Asia 0.2 Mt/y Distillation 400 kb/d CCR Gasoline Saudi Arabia Arab Heavy 4.2 Mt/y US Paraxylene unit Paraxylene Asia 0.7 Mt/y HDS Vacuum distillation DHC MHC…
Jubail : structuring a solid project in a challenging environment May 2006 May-June 2008 Sep. 2008 2009(e) 2013(e) FEED Project preparation Construction Start-up MOU between Total FEED completed EPC call for tender IPO and Saudi…