ACS Investor's Day Gas. ACS grows with gas. ACS grows with gas Issue 3. Juan Carlos García Vila. New Oil & Gas Business Development Director

Transcription

1 ACS Investor's Day Gas ACS grows with gas Issue 3 ACS grows with gas Juan Carlos García Vila New Oil & Gas Business Development Director 1

2 Contents ACS and gas Expectations for the Gas Market ACS' resources and skills Strategy for growth 2

3 Gas - Value Chain Drilling - Extraction - Separation - Compression 3

4 MP Gaz 4

5 Gas - Value Chain HP/MP Gas Pipelines and Liquefaction Plants 5

6 Maghreb Gas Pipeline 6

7 Snohvit Liquefaction Plant 7

8 Gas - Value Chain Marine Transport 8

9 Knutsen Bilbao LNG Carrier 9

10 Gas - Value Chain Regasification Plants 10

11 Sagunto Regasification Plant 11

12 Adriatic Regasification Plant 12

13 Gas - Value Chain Underground Storage 13

14 Mediterranean - Castor 14

15 Gas - Value Chain Distribution and Commercialisation 15

16 Spanish grid - Piping and Boilers 16

17 Clients (I) Gas Fields Gas Pipelines Liquefaction Transport 17

18 Clients (II) Regasification Underground Storage Distribution Commercialisation ESCAL 18

19 Contents ACS and gas Expectations for the Gas Market ACS' resources and skills Strategy for growth 19

20 Gas is a very attractive sector Size Growth in the whole value chain Sustained profitability 20

21 Proven Gas Reserves Trillion cubic metres Central & South America North America Africa Australasia Europe Middle East Source BP Statistical Review of World Energy

22 Gas Europe (I) Source California Energy Commission 22

23 Gas Europe (II) Source California Energy Commission 23

24 Gas Africa Source California Energy Commission 24

25 Gas Middle East Source California Energy Commission 25

26 Gas - Japan Source California Energy Commission 26

27 Gas - Australasia Source California Energy Commission 27

28 Gas - Canada Source California Energy Commission 28

29 Gas West Coast of the USA Source California Energy Commission 29

30 Gas East Coast of the USA Source California Energy Commission 30

31 Gas USA, Gulf of Mexico Source California Energy Commission 31

32 Gas - Mexico Source California Energy Commission 32

33 Gas South America Source California Energy Commission 33

34 2030-The Gas market will grow by 50% Gas Consumption (TCM) Asia y Oceanía Africa Middle East Europe & Euroasia Central & South America North America FORECAST Source EIA International Energy Outlook

35 Gas Global Investment Storage LNG Distribution Transmission E+D Billion dollars per year Source IEA World Energy Investment Outlook 2004, Oil and Gas Investment Outlook 35

36 Sustained Profitability Evolution towards large integrated packages Turnkey Large, complicated contracts Barriers to entry Limited competitors Know-how: Technological Project management Creating client loyalty Financial resources Attractive margins 36

37 Contents ACS and gas Expectations for the Gas Market ACS' resources and skills Strategy for growth 37

38 Human Resources Management Team Experienced Flexible Specialised services for all types of activities, clients and projects 38

39 From specialised services Client CONTROL SYSTEM Focussed service Design Commissioning Maintenance Covers one link in the gas chain 39

40 To comprehensive project management Client Escal UGS OBE/EPC Negotiation Comprehensive service: Partner Financing Design Purchasing Construction Operation Maintenance OBE/ EPC - CASTOR GAS STORAGE: GAS PIPELINE PLATFORM DRILLING Covers several links in the gas chain 40

41 Contents ACS and gas Expectations for the Gas Market ACS' resources and skills Strategy for growth 41

42 Strategy for Growth Grow with current clients Attract new clients in areas where know-how has already been shown 42

43 We have won our client's trust TYPICAL ACS CLIENT PROFILE SCOPE OF ACTIVITIES JOINT MANAGEMENT LIQUEFACTION CONSTR. REGASIFIER CONSTRUCTION GAS PIPELINE CONSTRUCTION GAS PIPELINE MAINTENANCE TIME Loyalty creation Increased Income per client 43

44 We manage ever more complex projects The client puts increasing trust in ACS Risk management: We select the most technologically appropriate partners for each project according to the client's needs EXAMPLE: SAGUNTO REGASIFICATION PLANT CONSORTIUM RESULT + 44

45 Our clients commit themselves to gas Repsol YPF Strategic Plan The search for new [integrated LNG] projects to guarantee growth Gas Natural Strategic Plan To maintain leadership in the liquefied natural gas business Union Fenosa Strategic Plan Gas will continue to be a basic growth vector Examples: Repsol Algeria Gas Natural Italy They turn to ACS for new projects and developments 45

46 Winning of new opportunities The flexibility to work on all types of projects and all types of technologies Castor Adriatic International Expansion 46

47 Pipelines for Large Projects LNG MEXICO LNG SPAIN Sagunto Bilbao Musel LNG CANARIES ALGERIA LNG ITALY Zaule Taranto Monfalcone CLIENTS Repsol YPF Gas Natural Endesa Enagás Union Fenosa Pemex Sonatrach Iberdrola Cepsa Etc 47

48 Conclusion: Expectations for Growth Growth: Market Specialisation Profitability 48