highlights e&p production in line with full year guidance exploration track record: 700 Mboe in 9 months g&p: EBIT breakeven in 2014 & strong cash flow generation continuous restructuring in mid-downstream record third…
cash flow from operations accelerating towards target Q3 CFFO cumulated CFFO 9M cash billion billion 2010-12 exclude Snam 9 month cash covers capex and FY dividends 3
Q3 consolidated results adj. operating profit adj. net profit million million 3,438 scenario 3,032 1,169 impact 1,140 -12% +3% YoY 4
e&p performance oil & gas production adj. operating profit kboe/d million 1,653* 1,577 1,583 1,584 1,576 Brent 3,916 3,320 3,450 2,981 3,088 -21% * 1,619kboed net of Russian assets YoY 5
Minsala discovery Minsala Marine 75 mt water depth Dev/Prod areas 35 km from the shore Exploration area 1 bln boe of resources in place (80% light oil) 65% operated w.i. Nen Marine Litchendjili Marine Minsala Marine…