Investor Presentaiton

19.6 GAS SECTOR INTERVENTIONS Domestic Gas Supply Obligation Regulation Indicative Reserves Obligation 2.3 9.9 7.4 Total Gas Required Small Producers NNPC 5 IOCs IOC Mandatory Supply Obligations • NNPC in final stages of proposing gas supply obligation regulation • Proposed regulation stipulates that all operators in the country make a mandatory reserves allocation for domestic sector • Allocated reserves will be based on the domestic requirement and help mitigate the supply shortfall driven by focus on export by major suppliers • Regulation stipulates meeting domestic supply obligation as requirement for export NNPC has finalized a gas supply regulation which mandates that all operators in the country allocate a minimum gas reserves and production for domestic use. Compliance will be a condition for export of gas. It is intended that this will mitigate against the rising shortfall in the domestic supply base and force internal portfolio re- alignment amongst the IOCS

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