Latest Fastnet Company Investor Presentation (PDF - 5.2MB)

MOROCCO – Gas to Power Plans• National natural gas productionremains insignificant (60million m 3 (1.76 BCF) in 2009)Capacity 12.5 Billions M3/year (441.37 BCF/year)14% of transport capacity entitled to Morocco(currently unutilised)• 89% of gas requirement isimported• Strong domestic gas market(one of Africa’s largestconsumers)• Demand for energy hasincreased by 54% in last tenyears• Gas to Power is keyGovernment strategic target asis security of supply• Minimal risk of stranded gasLNG Terminal Initial Capacity5 Billions M3 ( 176.55 BCF)> 5 years before operational(at very early planning stage)Oil RefineriesMoroccan Energy and Electricity Demand Growth 2006 – 2030 (MEMW&E)www.fastnetoilandgas.com 15