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Newsletter DateAnnual Report 2009

ContentWelcome by the PresidentDirector General‘s ReportMission, Vision & ValuesWPC MembersWPC CommitteesHighlights from 20093456810Key Strategic Areas:20th World Petroleum CongressNational CommitteesYouthCommunicationOutreach to other StakeholdersFinance121416182022Page 2 • WPC Annual Report 2009

Welcome by the PresidentDr Randy Gossen2009 followed a very exciting and busy year, with the success of the 19th WorldPetroleum Congress providing an excellent basis from which to launch the nextthree year cycle leading up to Doha in 2011. With the 20th World PetroleumCongress the first one to take place in the Middle East, we visited Qatar and theregion repeatedly during the year.The Congress Programme Committee (CPC) has made great progress in developinga high-level technical programme for the 20th WPC under the theme ofthe next Congress: Energy Solutions for All—Promoting Cooperation, Innovationand Investment.In order to accommodate the expected increase of the Congress and its associatedexhibitions, the Qatari Organising Committee decided to bring forward theconstruction of a new convention center in Doha built to the highest technicaland environmental standards and we are pleased to report that the buildingworks are progressing smoothly and we are fully confident that the venue will beready in good time for the Congress.The Annual Council Meeting in St Petersburg was a highlight for all WPC membersand attracted a large representation from the National Committees. Expertlyorganised by the Russian National Committee, the event provided notonly an excellent opportunity to network during the various committee meetingsand the Council itself but also included an extensive sightseeing programmeand entertainment for all.In November our Youth Committee delivered an outstanding success with the2nd WPC Youth Forum: Energise Your Future in Paris. Bringing together over1200 young people and senior industry leaders the interactive exchanges andlively atmosphere set a new standard for the WPC youth activities and we willendeavour to build on this success in the future.One of our key focus areas is the engagement with our member countries andthe recruitment of new members. We were delighted with the positive feedbackfrom our 2009 member survey and the constructive ideas emanating from thefeedback received. We are also pleased to see that several new countries areplanning to join the World Petroleum Council and are actively preparing the setup of National Committees in their own countries. We welcome all those whowish to participate in our global network of knowledge and understanding.I am pleased to present to you this overview of 2009 and look forward to meetingand working with many of you in the coming year.WPC Annual Report 2009 • Page 3

Director General’s ReportDr Pierce Riemer2009 was yet another very busy and productive year. Our core business is theorganisation of a world class Congress and the year started in Doha where thememorandum of understanding was signed with our hosts.Not only is this the first time that an OPEC country will be hosting the event,this is a historic achievement for Qatar as it will be the first time in the WPC's75-year history that the World Petroleum Congress will be held in the MiddleEast. and we are confident that they will deliver a world class event.During the year the Congress Programme Committee for the 20 th WPC madegreat strides in its work prepraring the programme for the 20th WorldPetroleum Congress in Qatar. The Congress will focus the debate on solutionsaimed at providing global access for all to reliable, affordable and sustainableenergy in both the near and long term future.In November Paris hosted the second WPC Youth Forum, ‗Energise your Future‘This event enabled students and young professionals from the oil and gassector to debate with their peers and industry leaders about the major issuesand challenges facing the industry in the coming years. To aid this online communitywas set up. This allowed an active exchange of ideas contributing to theagenda of the Youth Forum in Paris, as well as enabling students and young professionalsin the industry to contact one another. Over 1200 young people fromaround the world attended and it was a great successEarly in the year the SEC released a press release with relevance to the work wehave done (with the great help from Aníbal Martinez in Venezuela) together withthe SPE, AAPG and SPEE on guidelines for reserves estimation. It is good toknow that all our efforts are starting to pay off and it is gratifying to see the SECtake this long-awaited step which was promised when we met with the thenChairman of SEC, Christopher Cox, in 2007.The Official Proceedings of the 19 th World Petroleum Congress held in Madridwere published in an easy to reference, easy to search DVD and are the mostextensive to date.The Russian National Committee hosted us all for the annual WPC Councilmeeting in St Petersburg and was held alongside the biannual Arctic TechnologyConference. We held a very well attended meeting and accompanying personsenjoyed a number of visits and tours to famous sites and monuments in thearea.Page 4 • WPC Annual Report 2009

WPC MembersSeveral countrieswent through theaccession process in2009 to form aNational Committeeof the WPC includingBahrain, Jamaica,Oman, Trinidad &Tobago, UAE and areexpected to fully jointhe WPC in 2010AlgeriaAngolaArgentinaAustraliaAustriaAzerbaijanBelgiumBrazilCanadaChinaColombiaCroatiaCubaCzechDenmarkEgyptFinlandFranceGabonGermanyHungaryIndiaIndonesiaIranIsraelJapanKazakhstanKenyaKoreaKuwaitLibyaMacedoniaMexicoMoroccoMozambiqueNetherlandsNigeriaNorwayPakistanPeruPolandQatarRomaniaRussiaSaudi ArabiaSerbiaSierra LeoneSlovakiaSloveniaSouth AfricaSpainSurinameSwedenThailandTurkeyUKUruguayUSAVenezuelaVietnamPage 6 • WPC Annual Report 2008

WPC Membership Statistics 60 member countries 95% of the world’s oil and gas consumptionand production Covering all five continents Since 1933 UN accreditedWPC Annual Report 2008 • Page 7

WPC CommitteesWPC StructureCouncil(National Committees)On a day to day basisthe WPC is administeredby the WPC SecretariatDr Pierce Riemer,Director GeneralUlrike von Lonski,Director of CommunicationsCongress ProgrammeCommittee (CPC)WPC SecretariatExecutiveCommitteeYouth Committee(YC)NominationsCommittee (NC)At the WPC Council Meeting in Madrid in June 2008, the representatives of theWPC National Committees present elected the members of the working committeesand approved the nominated members of the WPC Youth Committee.Executive Committee—MembersRandy Gossen, CanadaJózsef Toth, HungaryJohn Martin, UKRenato Bertani, BrazilAnatoly Zolotukhin, RussiaWu Yaowen, ChinaD K Pande, IndiaIssa Al-Ghanim, QatarJuan Bachiller, SpainPedro Baridon, UruguayCatherine MacGregor, FrancePresidentSenior Vice PresidentVice President FinanceVice President ProgrammeVice President MembershipVice President MarketingVice President Youth and GenderRepresentative of Host CountryRepresentative of Previous HostSpecial Advisor, Member RelationsSpecial Advisor, Youth and GenderPage 8 • WPC Annual Report 2009

Congress Programme Committee—MembersUnder the leadership of Dr Renato Bertani from Brazil, the WPC Vice PresidentProgramme, the following experts from the WPC member countries contributeto the to the CPC:James McFarland, CanadaLidian Chen, ChinaPhilippe Julien, FranceStefan Ernst, GermanyIstvan Berczi, HungaryVivek Kumar Dewangan, IndiaMohammad Ali Emadi, IranKoichi Yamaura, JapanBart van Holk, NetherlandsTor Fjæran, NorwayAli Hassan Mohd Al-Sidiky, QatarGeorge N. Gogonenkov, RussiaHusain A. Al-Sunaidi, Saudi ArabiaPeter Newman, UKNahum Schneidermann, USAWail A. Mousa, Saudi Arabia,represents the youth perspective onthe Congress Programme CommitteeFollowing his retirement,NahumSchneidermannfrom the USA,stepped downfrom his role atthe CPC aftermany years offaithful service tothe WPC.Youth Committee—Members21 National Committees have now put forward young representatives fromtheir country to the WPC Youth Committee . They include:Wail A. Mousa, Saudi Arabia — ChairSeverin Secklehner, Austria — Vice Chair, WPC EventsLeor Rotchild, Canada — Vice Chair, Strategic PlanningArancha Garcia-Martin, Spain — Vice Chair, CommunicationsBurcu Gunal, Turkey — Vice Chair, Students & GenderIngvild Meland, Norway — SecretaryRodrigo Saavedra, BrazilCao Hong, ChinaLaurene Debesse, FranceSiri Strübing, GermanyTibor Hodicska, HungaryManischa Bhargava, IndiaVahid Jaleh Karimi, IranRakhimzhan Khismetov, KazakhstanCharles Wachira Kimani, KenyaMishal Jabor Al-Thani, QatarAzat M. Haidar, RussiaElton Charlies, South AfricaChirag Dedhia, UKPedro Daniel Baridon, UruguayLaura Schilling, USAWPC Annual Report 2009 • Page 9

Highlights from 2009Promoting the 20 th WPCThe Qatari Organisers for the 20th World PetroleumCongress in 2011 launched a highly ambitious programmeof promoting the event around the world.After an official launch ceremony in Doha, Qatar in March2009 they attended a host of international events includingGastech in Abu Dhabi, Offshore Europe in Aberdeen,the World Gas Congress in Buenos Aires, the Saudi ArabianOil and Gas Exhibition in Dammam and of coursethe 2nd WPC Youth Forum in Paris. The team also prepareda detailed update for the WPC members in St Petersburgduring the annual Council meeting where theyThe World Petroleum Council was invited by itsthe International Gas Union to host a StrategicPanel at the 24th World Gas Conference in Argentina.The WPC put together a high level expertpanel to discuss Gas to Liquids (GTL) andUnconventional Sources of Liquid Fuels. Chairedby the WPC President, Dr Randy Gossen, thepanel presented prospects for GTL to 2030 andbeyond but also looked at the competition fromother ―unconventional fuels‖ including the contributionfrom the coal industry and the prospectsfor CTL. The production of synthetic fuels fromunconventional sources such as the Canadian oilsands and the Venezuela extra heavy oils of theOrinoco Belt were also addressed before thepanel concluded with the progress of GTL commercialisationin Qatar.WPC hosts a Strategic Panel at24th WGC in Argentina2 nd WPC Youth Forum in ParisThe French National Committee hosted the 2nd WPC Youth Forum in Paris at which 1200 young peoplefrom 104 countries around the world attended. The programme for the hugely successful event had beendeveloped entirely by a panel of young people including members of the WPC Youth Committee.Page 10 • WPC Annual Report 2009

WPC Council Meeting in St PetersburgIn September 2009 the Russian National Committeehosted the WPC Council and its Committees fora week of meetings in St Petersburg. An extensiveschedule of tours and social events for the participantsand their spouses accompanied an intensivework programme and provided a much welcomedoverview of Russia’s beautiful gateway to the Baltic.WPC Legacy FundThe Council approved the establishment of a centralWPC Legacy Fund. The purpose of the Fund is to supportand expand the goals of WPC by making funds availableto projects / members in good standing for activities andinitiatives recommended by member countries.The WPC Legacy Fund is in addition to the Legacy Fundsestablished by and benefitting Congress host countries and will be largely funded by the newlycreated World Petroleum Exhibition (WPE) that will be held alongside all future congresses.COP 15 Climate Change MeetingsIn December 2009, Dr. Pierce Riemer, the Director General of the World PetroleumCouncil, attended the deliberations of the UN Climate Change Conferencein Copenhagen, as an NGO observer. As such he was subjected to the rigorouscuts of NGO attendees at the Conference which concluded with the CopenhagenAccord”, signed by 30 governments, established a commitment to attempt torestrict a global temperature increase to 2°C, by monitoring and reporting requirementsfor all countries and provides initial funding of $30 billion over athree year period to assist developing countries in mitigating and adapting toclimate change.WPC Annual Report 2009 • Page 11

Preparations for the 20th World PetroleumCongress in Doha, Qatar, commenceThe Congress Programme Committee metin Doha in March 2009 to develop thetopics and the content for the World PetroleumCongress in 2011. The agreed themeand programme outline were then publishedand sent to the WPC members.In September, the CPC met again to evaluatethe nominations for forum chairs andvice chairs, Round Table moderatos andBest Practice Keynote Speakers receivedfrom the WPC National Committees . Afterintensive debate the session officers wereselected and the nominees informed by theend of the year.Theme of the 20th WPC:Energy Solutions for All—Promoting Cooperation, Innovationand InvestmentThe five blocks of the Technical Programme for the 20 th WPC:Block 1 – Natural Gas: the energy that makes a differenceBlock 2 – New Exploration and Production Frontiers andTechnologiesBlock 3 – From the well to the consumer: innovations inrefining, transportation, fuel technology and petrochemistryBlock 4 – Complementary Energy SourcesBlock 5 – Sustainability Commitment: environment, social,economy, education, governancePage 12 • WPC Annual Report 2009

Promoting the 20th World Petroleum CongressThe official launch of the 20th WPC took place inQatar where the official signing ceremony of theMemorandum of Understanding between thePresident of the World Petroleum Council, DrRandy Gossen and the Chair of the Qatar NationalCommittee, Abdullah Salatt, was witnessed by anillustrious set of guests including H.E. Abdullah BinHamad Al-Attiyah, Deputy Premier, Minister ofEnergy and Industry for Qatar, as well as the Headof OPEC, Abdalla Salem El Badri and the CEO ofExxon Mobil, Rex Tillerson.The Qatari hosts also took this opportunity to announcethe date and venue for the event. The 20thWPC will be held from the 4-8 December 2011 atthe Qatar National Convention Centre which iscurrently being built specifically with the WPC inmind and which will be completed in Spring 2011,presenting the Congress with one of the largestand best equipped centres in the region offering40,000 sqm of exhibition space.The organising team of the 20th WorldPetroleum Congress took the opportunityto actively promote the Congressduring a number of key events in 2009,including the 24th Gastech Exhibitionand Conference in Abu Dhabi in May,the Arctic Offshore Technology Show inSt Petersburg during the Council meetingin September and the 24th WorldGas Congress in Buenos Aires in October2009.WPC Annual Report 2009 • Page 13

National CommitteesActivities & VisitsThe President and Director Generalundertook an extensive schedule to visitmany of the WPC National Committeesincluding:ArgentinaBelgiumBrazilCanadaChinaDenmarkFranceGermanyIndiaJapanKazakhstanKoreaQatarRomaniaRussiaSaudi ArabiaUKUSAThe WPC President was invited to address theIndian Petrotech event with a keynote in January.The heads of the South African and SierraLeone NC meet for the first time at aWPC endorsed meeting in Cape TownWPC 2009 Member Survey:WPC conducted a survey of its NationalCommittees to improve its services to theWPC membership.Page 14 • WPC Annual Report 2009

The annual WPC Council Meeting in St Petersburg48 countries wererepresented at theWPC Councilmeeting in StPetersburg inSeptember 2009WPC members got to meetinformally at the manyreceptions and social eventsorganized by the Russian NCYoung representatives of the WPC at the eventS Bogdanchikov, Chair of the Russian NC readsabout the WPC Council Meeting in the paperWPC Annual Report 2009 • Page 15

YouthAt least once a year the membersof the WPC Youth Committeeget together for a personalmeeting , here in Paris inNovember 2009. For the restof the year they communicatevia phone and per email toplan their activitiesThe WPC Youth CommitteeThe WPC Youth Committee consists of 20 representativesfrom the National Committees who help WPC address issuesaffecting young people in the industry and provide ayouth perspective for the activities of WPC.The members work actively with each other in a number oftask forces focusing on:WPC Events—Strategic PlanningCommunications—Students & GenderOur VisionYouth engaged in the petroleum industry to design a sustainable futureOur MissionCreate and nurture a collaborative, global forum for young people to be heard;Champion new ideas within the petroleum industry;Promote a realistic image of the petroleum industry, its challenges and opportunitiesBridge the generation gap through mentorship networksOur ValuesTransparency, Integrity, Diversity, Social responsibility, Environmental stewardship, Technologicalinnovation, Long term thinkingThe Presidentand DirectorGeneral meetingyouth delegationsfrom China andJapanMeeting young WPC membersThe focus of the Youth Committee in 2009 was to deliver an outstanding Youth Forum in Paris and engage theyoung people from the WPC National Committees around the world in the discussions between industry leadersand the youth. The President and Director General were extremely pleased to meet several youth delegationsfrom member countries during the event and at the interactive knowledge café at the 2nd WPC Youth Forumwhere the WPC was joined by other associations at a representative stand.ISES - June 2009In June 2009 the President and Director Generalwere keynote speakers at the International StudentEnergy Summit (ISES), in Calgary. The SpecialAdvisor on Youth and Gender to the WPC ExecutiveCommittee, Catherine MacGregor, also joineda panel with the young people from around theworld. Organised by the students themselves theyengaged in an interactive dialogue with young peoples,industry leaders and academia.Pierce Riemer gave an open Q&Asession to the young audiencePage 16 • WPC Annual Report 2009

2nd WPC Youth Forum in Paris: Energise Your FutureThe 2nd WPC Youth Forum celebrated a ‗full house‘ during the event in Paris from 18-20 November 2009. Over 1200 attendees, young people and students from around theworld had the unique opportunity to engage with senior industry leaders and posetheir questions on the future of the oil and gas sector. Many of them had actively participatedin the online network set up for the event and were pleased to continue thenetworking with their fellow youth in the lively plenaries and the interactive workshops,as well as the innovative Knowledge Cafe and of course during the social events.Videos of all the presentationsand an overview of theevent is available atwww.energiseyourfuture.comKeynote speakers included Total’s CEO Christophe de Margerie,Paal Kibsgaard from Schlumberger and Chair and CEOof GDF Suez, Gérard MestralletThe interactive plenarieshad a packedaudience who took theopportunity to quiz theindustry leaders ontheir views of thefuture of the oil andgas sectorThe networkingcontinued duringthe breaks in theinnovativeKnowledge CafeBruno Wiltz and LucChatin from the WPCFrench National Committeewere delightedwith the turn out atthe Youth Forum.Many of the youngattendees joined inthe workshops todiscuss their ideaswith fellow participantsfrom around teworld and formulatetheir views on theindustryWPC Annual Report 2009 • Page 17

CommunicationThe WPC Secretariat stays in close touch with its membership through a widerange of channels including frequent email updates, its website and the WPCNewsletter.It also liaises with the WPC working committees and produced a number ofpublications, including the official introduction to the World Petroleum Council:WPC—The Value We Add., the Annual Report for 2008 and a special edition ofits annual Yearbook which was dedicated to young people and helping themachieve a better understanding of the oil and gas sector.WPC—The Value We AddWPC created an overview and introduction to theWorld Petroleum Council in form of a brochure toprovide a general insight into the operations andactivities of the WPC and a greater understanding ofthe benefits associated with a WPC membership.Redesign of WPC WebsiteOn top the old websiteIn 2009 the WPCSecretariatworked on a completeredesign ofthe WPC webpages to be completedby Spring2010and to the right the new web designPage 18 • WPC Annual Report 20089

WPC PublicationsThe WPC Yearbook for 2009:Fuel for Life—A Guide to EnergyThe WPC asked the specialist on energyinformation for young people, Energy Future,to produce a special version of its annualpublication to coincide with the 2ndWPC Youth Forum in Paris in November.Handed out to all attendees of the youthevent it provided an overview of the energysector in easily understandable terms—something that was much appreciated bymany of the senior representatives in theindustry as well.WPC Annual Report 2008As requested by its membershipWPC created an Annual Report for2008 which was presented at theCouncil Meeting in St Petersburg. Tocomply with WPC’s policy of maintaininga low carbon footprint theAnnual Report was made available ine-book format allowing all to read thereport online, download it or pass iton to their members with a simpleclick of the button.The 19th WPCProceedingsThe WPC released the19th WPC Proceedingswith the full papers andpresentations from theCongress at the end of2008 and over 150 copieswere sold during 2009.WPC Annual Report 2009 • Page 19

Outreach to other StakeholdersWPC cooperateswith awide range ofstakeholders:We continue to work closely with other related organisations to add value for all withoutreinventing the wheel. One example is our work over the last 15 years with theSociety of Petroleum Engineers (SPE) and the American Association of Petroleum Geologists(AAPG) in developing standardised terminology and methodology for calculatingreserves and more recently combining this with the United Nations effort on theharmonisation of definitions. We also work closely with the United Nations GlobalCompact promoting their aims and principles to our member countries. In addition, weare also recognised by the United Nations Framework on Climate Change and helppromote best practice world-wide.WPC is the only global organisation that represents all aspects of the petroleum (oil andgas) industry that benefits society's expectations for sustainable energy. We welcomecooperation and partnerships with other likeminded organisations for the benefit of all.ARPEL– Regional Association of Oil and Gas in Latin AmericaThe WPC was delighted to meet up withthe newly appointed Executive Secretary ofARPEL, César Gonzalez, and its Chair MiltonCost Filho, a close friend of WPC andorganizer of the 17th World PetroleumCongress in Brazil, during the World GasCongress in Argentina in October 2009.Page 20 • WPC Annual Report 2009

IEF—International Energy ForumThe World Petroleum Council was invitedto participate in the MinistersMeeting in Rome called by the InternationalEnergy Forum in June and in Viennain November.IGU-International Gas UnionThe WPC hosted a special session on Unconventional Sources of Liquid Fuels duringthe 23rd World Gas Congress in Argentina, where the WPC President also met withthe newly elected IGU President Datuk Rahim Hashim from Malaysia.WPC PresidentDr Gossen withthe new IGUPresident DatukThe WPC is also involved in the preparation of the Malaysian Triennium for the25th World Gas Congress in 2012 in Kuala Lumpur and participates in two taskforces focusing on engaging young people in the industry.IPIECA–International Petroleum Industry Environmental Conservation AssociationWPC supported the first IPIECA Human Rights workshop held in Africa in Capetown in February 2009. As a partner in the event, WPC was able to extend anumber of free places to its membership at the meeting. Reports from this andother IPIECA activities are available for download from the WPC website.SEC-U.S. Securities and Exchange CommissionMajor progress was achieved to involve the SEC in the joint work of SPE, AAPG, SPEE andWPC to establish clear guidelines for reserves and resources classifications, with the SECissuing a press release supporting this approach to reserves estimation.Cooperating on key issues for the industryIn a joint initiative for the 2nd WPC Youth Forum ‗Energise Your Future‘, theWPC team was joined by a host of institutions includingthe AAPG, AFTP, EAGE, Energy Institute, GEP, IGU, SPEand WPC to promote the event to their youth membership.They were represented with a joint associationstand in the interactive Knowledge Café where they engagedwith many of the over 1200 young attendees.WPC invited anumber ofassociationpartners to jointhem for the 2ndWPC Youthforum in Paris.WPC Annual Report 2009 • Page 21

FinanceHighights from VP FinanceStatement for2009: We were above budget onmembers fees income withsuccess in getting in debtsfrom 2008 In addition greater revenuethan expected was generatedby the publicationsand meetings. Interest income was down We are moving forwardwith Charity StatusThe Constitution requires the Vice President, Finance and the Director General to prepare financialstatements for each financial year that give a true and fair view of the state of the affairsof the Council and of the surplus or deficit for the year. In preparing those financial statementsthe Vice President Finance and the Director General are required:to select suitable accounting policies and then apply them consistentlyto make judgements and estimates that are reasonable and prudentThe Vice President, Finance and the Director General are responsible for:keeping proper accounting records which disclose with reasonable accuracy at any timethe financial position of the Council.safeguarding the assets of the Council and hence for taking reasonable steps for the preventionand detection of fraud and other irregularities.It should be noted that the accounts work on a congress cycle (3 years) as WPCs main incomecomes from the Congress. Thus the organisation plans for a deficit in 2009 and 2010 until Congressincome appears in 2011.Balance Sheet, as of 31 December 20092008 2009£ £FIXED ASSETS - -CURRENT ASSETSBank 233,978 551,943Debtors 587,452 30,550821,430 821,430LIABILITIESDues received in advance 16,771Creditors 43,337(60,108) (51,625)NET ASSETS 761,322 530,868Represented by:-GENERAL FUNDBalance at 1 January 2009 422,012 761,322(Deficit)/Surplus for the year (Page 7) 339,310 (230,454)761,322 530,868Page 22 • WPC Annual Report 2009

WORLD PETROLEUM COUNCILREVENUE ACCOUNTFOR THE YEAR ENDED 31 DECEMBER 20092008 2009INCOME £ £National Dues 127,356 127,800Congress Fees 493,200 10,000Exhibition income 70,000 -Handbooks 64,903 14,000Royalties Received 3,851 5000Interest Received (Gross) 16,217 25,000Sundry income 67 -775,594 181,000EXPENDITURECongress Expenses 33,119 10,000Secretariat Travel 84,385 85,000Meeting Expenses, London 14,089 15,000Office Rent, Rates & Services 43,823 39,000Office Salaries & Benefits 192,229 194,000Consultancy Fee - -Printing And Stationery 7,999 8,000Postage, Fax, Telephone & Courier 12,626 14,000Office Equipment – Operating Costs 7,670 7,000Insurance 13,676 13,000Other Expenses 9,740 5,000Audit and Accountancy 5,878 8,000General provision - 5,000WPE t/f to central charity - 20,00075 th Anniversary costs 11,050 -436,284 423,000(DEFICIT)/SURPLUS FOR THE YEAR 339,310 (230,454)WPC Annual Report 2009 • Page 23

World Petroleum CouncilWPC Secretariat1 Duchess StreetLondon, W1W 6ANUnited KingdomPhone: +44 (0) 20 7637 4995Fax: +44 (0) 20 7637 4965E-mail: info@world-petroleum.orgwww.world-petroleum.org