LP Gas and Future Market Perspectives Jos Sergio Gabrielli de Azevedo CEO. October, 8th 2009 1
DISCLAIMER The presentation may contain forecasts CAUTIONARY STATEMENT about future events. Such forecasts merely FOR US INVESTORS reflect the expectations of the Company's management. Such terms as anticipate, The United States…
MEDIUM/LONG-TERM OIL MARKET OUTLOOK REMAINS VERY STRONG GLOBAL OIL DEMAND SCENARIOS EIA/DOE High Demand Scenario IEA Reference Scenario Global liquids demand scenarios EIA/DOE Low Demand Scenario Actual decline Additional…
WORLD LP GAS DEMAND 80 72,3 21,0% 31,0% 5,5% 62 60 6,1% 12,1% 24,3% M illion Tons Mexico Brazil Venezuela Caribbean Argentina Others 40 33,9 28,1 20 18,1 11,2 10,6 2,1 0 Oceania Africa CIS Middle Latin Europe…
PRE-SALT POTENTIAL Total Area: 149,000 km2 Area Under Concession: 41,772 km2 (28%) Area Not Under Concession: 107,228 km (72%) Area With Petrobras Interest: 35,739 km2 (24%) 5
ANNOUNCED RECOVERABLE VOLUMES IN SANTOS AND CAMPOS BASINS PRE-SALT Santos Pre-Salt announced recoverable volumes, can almost double Brazilian reserves. mi boe 25-30 bn boe 30,000 25,000 20,000 15,000 Higher estimates…
PRODUCTION INCREASE FOLLOWED BY HIGHER DOMESTIC OIL PRODUCT DEMAND RNE Premium I 230 UPB (600 thous bpd) e REPLAN thous 150 thous Premium II (300 thous Revamp bpd bpd bpd) Others 33 thous. 2011 Dec/2012 1st phase: 2013 bpd REPAR…
LP GAS COMSUMPTION IN BRAZIL Domestic LPG production in 2008: 6,71 million tons LPG Brazilian market grew 5,4% from 2004 to 2008, representing an average variation of 1,08% p.y. Present in all Brazilian municipalities 47 million homes…
LP GAS IMPORTS Importao Brasileira de GLP LPG IMPORTS (million ton/year) 3 From 2000 to 2005 LPG Importao (milho ton / ano) import fell due to Natural 2,5 Gas substitution and deregulation on LPG prices 2 at the end-user;…
FUTURE IMPORT ESTIMATES 3 From 2009 to 2016 - LPG imports will fall due to PLANGAS and new refineries (Premium 1, Premium 2, RNEST); 2,5 Imports started to grow from 2017 on no significant increment in new production, despite of…
PETROBRAS INFRASTRUCTURE 10 refineries PETROBRAS INFRASTRUCTURE Petrobras Refineries 1 shale oil processing unit Production:4,2 million tons/year 70% Petrobras / NORTH 30% Repsol REFAP S.A Production 0,4 million tons/year…
PETROBRAS A VERTICAL INTEGRATED COMPANY Production 9 Final consumer domestic 9 9 A Distributor Dealer B Storage 9 C D Final consumer bulk Import 9 9Petrobras is present in the entire supply chain 12
LP GAS AND NATURAL GAS PARTICIPATION IN RESIDENTIAL MARKET LPG Residential Market Natural Gas Residential Market (thous. m3/y) (thous. M3/y)* 12.000 450.000 400.000 11.500 +5,4%p.y +1,7% p.y 350.000 11.000 300.000 250.000…
LP GAS INDUSTRY CONSUMPTION Strong replacement of LPG for Natural Gas, especially in the Industrial LPG Consumption white ceramic industry in Santa 1600 Catarina and So Paulo States thousand m3 1400 Other Metallurgy LPG in…
PERSPECTIVES FOR LP GAS DOMESTIC MARKET FINAL REMARKS Difficulties: Use of wood as a substitute product Displacement by the entry of Natural Gas / LNG Informality in retail sector Opportunities: Modernization of 18 plants for…
For more information: Investor Relations www.petrobras.com.br/ri +55 21 3224-1510 petroinvestpetrobras.com.br 16