Fertiglobe Financial Overview
Fertiglobe Gas Contracts Overview
Attractively Priced Fixed Gas Contracts Ensure Fertiglobe is Competitive Through the Nitrogen Cycle
فرتيل
(1)
Fertil
EFC
EBIC
ADNOC
GASCO (2)
EGPC(2)
2019
2005 2006
2008
2044
2030 - 2031
2028
Gas Supplier
Contract Start Date
Contract End Date
Annual Contract
56.0
Volume
(m mmbtu)
33.5
24.0
SORFERT
Sonatrach
2013
2033
60.7
Price determined in bi-lateral agreement:
Cost escalation factors above certain product benchmark price levels
Price is determined by national
decree, with a contractual price
stabilization until November 2023
o USD 1.3/MMBtu in 2022 and
increases annually by 5%. With
additional profits paid to Sonatrach
under Ecremage
Following the expiry of the pricing
stabilization mechanism, the price of
natural gas will be determined in
accordance with applicable
regulation. Regulation provides that
the sale price of natural gas will be
freely negotiated with Sonatrach
Contract
Pricing
Price determined in bi-lateral
agreement:
m
Mechanis
($/
。 $4 floor
o $3.5 in 2022
mmbtu)
。 Escalation of +3% p.a.
о
Gas Supplier
Participation
in FG
Equity
36% of FG
Fertiglobe
An ADNOC and OCI Company
Source: Company Information
Notes: (1) Different tenors refer to Line I and Line II
(2) EGPC and GASCO are subsidiaries of EGAS the Egyptian national oil & gas company
NA
15% of EBIC
49% of Sorfert
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