NewFortress Energy Investor Update
Why Brazil?
Brazil's emerging gas market presents huge opportunity
Brazil is a unique opportunity: ~35 MTPA natural gas market just beginning to emerge from Petrobras monopoly
Why Brazil?
Large country with significant & growing energy demand but
underdeveloped natural gas infrastructure (19)
Most populated country
in LATAM (211mm)
LNG imports
represented ~10% of
gas market in 2019
(and rising)
i
Underdeveloped
gas infrastructure
D
Bolivian gas imports are
declining (20% to 25% of
total gas consumption)
Natural gas demand
of ~35 MTPA
ST
Large consumers are
thermal power plants,
industrial sector, &
transportation
Why now?
We're a first mover in a market on the threshold of change
1
Petrobras monopoly is currently ending,
which opens the market
Pipeline capacity is being made available for
2 the first time, allowing us to supply gas across
the country
3
Pipeline tariffs are changing, which will
make gas supply closest to demand most
competitive
17View entire presentation