Disponibilizamos o ficheiro powerpoint de suporte à apresentação “A descarbonização do transporte marÍtimo e oportunidades para o LNG”, integrada no terceiro painel do XI Congresso da APLOP, realizado a 27 e 28 de Fevereiro de 2019, em Maputo, Moçambique. Intervenção a cargo de Paulo Mendonça, da “GALP Energia Moçambique”. O terceiro painel do congresso abordou o tema “Desenvolvimento sustentável do transporte”, tendo como moderador Manuel Diogo, Director-Geral da ENAPORT (S. Tomé e Príncipe). VEJA OS VÍDEOS COM ESTA INTERVENÇÃO E SUBSEQUENTE DEBATE: https://www.youtube.com/watch?v=fjaTj5L963k https://www.youtube.com/watch?v=uIbt8A1euyE https://www.youtube.com/watch?v=-cRGGQ-EWiM PLAYLIST COM TODOS OS VÍDEOS DO XI CONGRESSO http://tinyurl.com/y3842wvy Tendo como epígrafe “O papel da APLOP na consolidação da visão estratégica da CPLP”, o programa estende-se por quatro painéis, a saber: Novos desafios logísticos e portuários no espaço lusófono; Direito Portuário – Gestão económica do domínio portuário e sua regulação; Desenvolvimento sustentável do transporte; Cooperação no espaço da CPLP. Convidamo-lo a visitar o site do XI Congresso da APLOP, que nos oferece percurso pelas diversas etapas da vida da instituição, desde o período pré-fundacional até aos dias de hoje (2008-2017). Aqui: http://congresso-maputo2019.aplop.org/ Visite o portal da APLOP: http://aplop.org Estamos no Twitter: http://twitter.com/aploppress Estamos no Slideshare: http://www.slideshare.net/aplop/ Estamos no Facebook: https://www.facebook.com/portosdalusofonia Estamos no Instagram: https://www.instagram.com/aploppress/ Estamos no Twitter: http://twitter.com/aploppress Estamos no Slideshare: http://www.slideshare.net/aplop/ VEJA MILHARES DE FOTOS NO FLICKR DA APLOP: https://www.flickr.com/photos/131523548@N02/albums

1. The LNG Rovuma
Projects
Mozambique
28th February 2019

2. Disclaimer
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accuracy, completeness or correctness of the information or the opinions contained herein or any other material discussed at the presentation. Neither the Company nor any of its affiliates, subsidiaries, shareholders,
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forward-looking statements contained in this presentation to reflect any change in events, conditions or circumstances.

3. The Robustness of the JV is one of the key factors for the A4 projects’ success
A4 Joint Venture (JV) in the Rovuma Projects
6 companies with different complementing skills
3

4. Overview A4 Rovuma Projects
Source: A4 Operator, Galp analysis
85 Tcf of NG allow the development of one of the largest LNG projects worldwide
 EPCC December 2006 / Galp Farm-In 2007
 Exploration phase: 8 years
 Development & Production Phase: 30 years
 Offshore @ ~ 200 km north of Pemba / 50 Km East of Palma
 Water depth 1,500-2,600m
 # Wells Exploration & Appraisal: 15 in Area 4 / 5 in Coral
 Exploration Success Rate: 87%
 Volumes discovered: 85 tcf GIIP
A4 Key Facts
4

5. Overview A4 Rovuma Projects
A4 reserves to be monetized through 1 FLNG + up to 4 trains onshore
Source: A4 Operator, Galp analysis
 Rovuma anchor project
 Focus on the optimization of the
concept /robustness of the project
 Progress on gas selling contracts and
financing
 Objective: FID 2019 |First Gas 2024
2. Rovuma LNG Phase 1
15.2 MTPA
 Anticipate reserves monetization
 FID June 2017, Capex of c.$7 bn
 SPA with BP 100% LNG
 Project in execution phase
 First Gas 2022
1. Coral South Project (FLNG)
3.4 MTPA
5

6. Technical data Overview
 70 Kms to shore
 Mooring depth = 1.750m - 2.100m
 Length 432m / Width 65m
 Dry Weight 197 kton
 150 to 170 PoB (in operation)
Relevant Data:
Source: A4 Operator, Galp analysis
1. Coral South FLNG (Offshore)
6
Internal Turret Mooring System 260.000m3 LNG Storage Capacity
Side-by-Side LNG Offloading3,4 Mtpa Production Capacity
6 Wells
Ilustrative Ilustrative
Ilustrative
IlustrativeIlustrative

7. 1. Logistic Support to Coral South FLNG (Offshore)
 Existing quay used for
exploration in 2012,
upgraded to comply with
project requirements
 To support the sub sea
installations
 Wellheads, Jumpers,
Xmas trees, SCS
 Quai, yard, warehouse,
office
 Drilling & Completion (Start Q3 2019)
 Quai, yard, warehouse, offices
Double solution: Pemba for drilling / Nacala for sub sea activities
7
 Logistic base available
and already operative,

8. Source: Wood Mckenzie, Galp analysis
1. Coral South FLNG (Offshore)
Coral South Development Timeline
8

9. Area 1 and Area 4Area 4 Area 1
2. Rovuma LNG1 (Onshore)
A1 and A4 LNG Onshore projects lay-out (~6.600ha)
9
Area 4
Common Areas
(Jetty)
Common
Areas
(MOF)

10. Gas Inlet
(Slug Catchers)
LNG Train 2
LNG Train 1
LNG Tanks
Marine Jetty
Berth 1
(LNG Loading)
Power
generation
Off Spec
Condensate Tank
Number of Wells = 24
Field to Shore Development Storage Facilities
Export Terminal
2 x 7,6 MTPA LNG Trains+ Utilities NGL Extraction UnitInlet Gas Treatment Facilities Logistics + MOF
Source: A4 Operator, Galp analysis
Project technical data LNG Overview
2. Rovuma LNG1 (Onshore)
10
Ilustrative

11. The RLNG1 in Afungi/Palma includes the instalation of a Material
Offloading Facility (MOF) and a Jetty
These facilities will support the ships’s activity and allow the transport onshore of all materials and
equipment for the construction of the LNG plants
2. Logistic Support to RLNG1 Project (Onshore)
Source: A4 Operator, Galp analysis
Ilustrative Ilustrative
11

12. ITT launched July 2014
Source: A4 Operator, Galp analysis
2. Rovuma LNG1 (Onshore)
12
Project Development Timeline

13. 2022
Coral
First Gas
2006 2007 2008 2009 2010 2011 2012 2015
June
2017
EPCC
Effective
Date
Galp Energia/
KOGAS Farm-ins
Mamba South-1*
Mamba North-1*
Mamba North East-1*
Coral-1*
Mamba North East-2*
Mamba South-2*
Coral-2*
Agulha-1*
Coral
FID
FEED onshore
Coral-3*
Mamba South-3*
Mamba North East-3*
Exploration Phase
Development Phase
Beginning of Concession Contract
Transition Exploration/Development
Area 4 Key dates and timeline
* Exploration and Appraisal Wells
Production
Mamba FID
(est.)
10 years from discovery to first gas (Coral)
Mamba
First Gas
2024
Mid
2019
13

14. Shipping does not have the Electricity option to reduce CO2 Emissions
Rising demand for fossil fuels in sectors such as
Aviation, Marine and Road Heavy-Duty.
Source: IEA, WEO 2017
Marine usage key requirement is to store the
maximum amount of energy in the smallest
possible volume/weight
Battery technology will need to achieve at least a 10
fold reduction in weight. No breakthrough of this
magnitude in battery technology is foreseen by the
next decades.
Changesinworldoildemandbysector
inthenewpoliciesscenario
Decarbonization of the marine transport
15

15. Decarbonization of the marine transport
Available fuel options for shipping: LNG as a preferred solution?
Source: Galp analysis
16

16. 6
13
2
5
7
5
3
71
34
20
14
6
6
3
0 20 40 60 80
Asia Pacifíco
Europa
Médio Oriente
América Latina
América Norte
CIS
África Gasóleo FO 3.5%S
CONSUMO ANUAL DE BANCAS MARÍTIMAS 2015 (milhões ton/ano)
 1 Janeiro 2020  Fuel de bancas com teor máx. 0,5% S
Regulation as a catalyzer - %0. 5S Fuel de Bancas (IMO)
Fonte: IHS
0.5%
0.1%
0%
1%
2%
3%
4%
5%
2005
2010
2015
2020
2025
Águas Internacionais ECA
3.5%
Águas
Internacionais
Águas
Internacionais
Águas
Internacionais
Águas
Internacionais
ECAs
ECAs no Futuro ?
Decarbonization of the marine transport
17
ECAs – Emisson Control Areas
IMO – International Maritime Organization

17. Previsão Evolução Global Mercado Bancas
Decarbonization of the marine transport
18
 Next decade probably not the LNG
decade as marine fuel
 International demand increasing but
still low to reach “healthy economics”
 Still along way to go…
…But we remain very confident

18. 1. Dimensionamento dos Portos: uma economia de USD$ >Bi20 é diferente de uma de USD$ Bi12
Mega Projectos: Outros Aspectos a Considerar...
19

19. 1. Dimensionamento dos Portos: uma economia de USD$ >Bi20 é diferente de uma de USD$ Bi12
2. Capital Humano / Formação Quadros – Risco de migração de recursos
Mega Projectos: Outros Aspectos a Considerar...
20

20. 1. Dimensionamento dos Portos: uma economia de USD$ >Bi20 é diferente de uma de USD$ Bi12
2. Capital Humano / Formação Quadros– Risco de migração de recursos
3. Padrões de Segurança – Oportunidade para contribuir para elevar standards da indústria?
Mega Projectos: Outros Aspectos a Considerar...
21

21. 1. Dimensionamento dos Portos: uma economia de USD$ >Bi20 é diferente de uma de USD$ Bi12
2. Capital Humano / Formação Quadros– Risco de migração de recursos
3. Padrões de Segurança – Oportunidade para contribuir para elevar standards na indústria?
4. Aumento do valor acrescentado da participação dos Portos nos mega-projectos
Mega Projectos: Outros Aspectos a Considerar...
22

22. 1. Dimensionamento dos Portos: uma economia de USD$ >Bi20 é diferente de uma de USD$ Bi12
2. Capital Humano / Formação Quadros– Risco de migração de recursos
3. Padrões de Segurança – Oportunidade para contribuir para elevar standards na indústria?
4. Aumento do valor acrescentado da participação dos Portos nos mega-projectos
5. Associação Nacional dos Portos de Moçambique? Uma entidade única de negociação com os
mega-projectos / Aumentar a atractividade da oferta integrada dos serviços dos Portos
Mega Projectos: Outros Aspectos a Considerar...
23

23. Key messages
14
1. First gas Coral Project expected 2022 | RLNG1 project 2024
2. Pemba and Nacala Ports as logistic bases to support Coral FLNG project
3. Material Offloading Facility and Jetty in Afungi to support the logistics of
the RLNG1 project
4. Real impact on Ports’ activity will come from growing the economy from
Bi12 USD$ 2017 to >Bi20 USD$ end 2020s

24. paulo.mendonca@galp.com
MUITO OBRIGADO