Investor Presentaiton

Gas Volume Utilised (MMS 30000 OVERVIEW OF THE GAS SECTOR Evolution of Gas Utilization in Nigeria Gas Demand Boom - Utilization Profile: 1975 - 2020 25000 The Flare Era 20000 15000 10000 5000 Year Demand Explosion Domestic Gas Demand Gas Export Demand Following several years of low gas utilisation, the sector is now confronted with a huge potential for unprecedented growth from about 5bcf/d currently to over 20bcf/d by 2011/12. Compared with the global average, this is by far the world's most aggressive growth forecast

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