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LIBYA OIL In AFRICALIBYA OIL In AFRICA

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Libya Oil Group in Africa : Vision, Mission, Values

MISSION

VALUES

• “To be Africa’s leading and most respected partner in shaping African Energy and empowering African born prosperity.”

• Fostering innovation• Creativity & Innovation• Initiative

• Nurturing leadership• Responsible corporate citizen• Ethical – Integrity, honesty, fairness• African prosperity

• “To Energize our people and delight our partners by providing responsible energy solutions.”

VISION

• Pursuing excellence:• Agility• Professionalism • Hardworking• Concern for Safety

• Encouraging Collaboration• Respect for people• Teamwork• Partnerships

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Libya Oil Group in Africa : Objectives/Strategy

• Engagement in Africa • To have a profitable and effective distribution petroleum entities • To become a key player in the downstream sector for medium term.

• Establishment of sub-regional entities in the various African regions: • Respecting environment and security • Enabling its staff to realise their professional aspirations.

• To meet its objectives, Libya Oil Group focuses upon 3 strategic approaches:• Creation of start-up entities • Acquisition of operating assets • Acquisition of operating companies.

Libya Oil Group’s favoured strategic approach remains the acquisition of operating companies.

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Libya Oil Group in Africa : Objectives/Business Goals

• To pursue extensive presence in Africa, preferably through acquisition of existing operating entities.

• To become one of the leading company in Downstream Business in Africa. • Achieve a sustainable growth to reach 12-14.% of market share and a retail network

of 3,000 service stations.• Develop Supply and Logistics (refineries, Kenya-Uganda pipelines.. Etc)• Operate in all countries with high level of business standards of Safety, Health and

Environment.• Develop local resources and expertise to support the business

• Objectives will be achieved by: • Developing the existing business• Market Entry in countries with potential of growth• Acquisition of existing entities

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Libya Oil Group in Africa: Libya Oil Group in Africa: Upstream ActivitiesUpstream Activities

•Libya Oil Holding Limited decided to broaden its investments throughout Africa and take part in the upstream activities business (both in exploration and production)

•LOHL has an effective participation in establishing and acquiring market share in oil refineries industry.

•LOHL’s region strategy is to ensure continuity in supplying petroleum products to meet the current and future needs of the companies throughout the continent

•The implementation of the pipeline is underway between Kenya and Uganda, which aims to provide Uganda, eastern Congo, southern Sudan, Rwanda, Burundi and the north-western Tanzania.

•LOHL has also signed an agreement to start implementing a new pipeline along the coast, the DRC and also an ongoing implementation of a new pipeline : Uganda Rwanda.

•LOHL is currently preparing feasibility and marketing studies to contribute and take part in international companies either to develop or purchase shares in new vital fields such as manufacture of liquefied natural gas (LNG) or liquefied petroleum gas (LPG) as a result of its business.

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Libya Oil Group in Africa : Corporate Structure

Libya Africa Investment Portfolio(Libya)

Libya Africa Investment Portfolio(Mauritius)

Libya Oil Holdings Limited(Mauritius)

Libya Oil Supply Limited

(Mauritius)

Libya Oil LubesLimited

(Mauritius)

Libya Oil AviationLimited

(Mauritius)

Libya Oil Exploration and

Production Limited(Mauritius)

Libya OilSudan

(England)

Libya Oil Ethiopia

(England)

Libya OilDjibouti

(Djibouti)

Shell Eritrea Assab Storage

(Eritrea)

Libya Oil Tunisie

(Tunisia)

Lubrifiants de TunisieSARL

(Tunisia)

Libyan Tunisia Joint GasS.A.R.L.(Tunisia)

Libyan Tunisian Joint Oil S.A.R.L.(Tunisia)

Libya Oil MoroccoS.A.S

(Morocco)

Libya Oil Libya(Libya)

Arabian Oil and Gas Pipeline Company

S.A.E.

(Egypt)

Circle Oil(Ireland)

100% 81% 50% 50% 100% 45% 30% 50%

100% 100% 100% 100% 100% 100% 100% 100%

100%

100%

Africana Corporate Services(Morocco)100%

Tamoil Africa Holdings Limited(Malta)

100%

19%

Libya Oil Group in Africa : Corporate Structure

80%

Libya Africa Investment Portfolio(Libya)

Libya Africa Investment Portfolio(Mauritius)

Tamoil Africa Holdings Limited(Malta)

Tamoil BeninS.A.

(Benin)

Libya Oil BurkinaS.A.

(Burkina Faso)

Libya Oil NigerS.A.

(Niger)

Libya Oil SenegalS.A.

(Senegal)

Libya Oil Côte d’Ivoire S.A.

(Côte d’Ivoire)

Tamoil Malindi Share

Company(Eritrea)

Tamoil EritreaLimited.

(England)

Libya Oil UgandaLimited.

(Uganda)

Libya Oil Reunion S.A.S..

(Reunion)

Tamoil MoroccoS.a.r.l.u.

(Morocco)

Libya Oil Gabon S.A.

(Gabon)

Tamoil Integrated Services Nigeria

Limited(Nigeria)

Libya Oil ChadS.A.

(Chad)

Tamoil Kenya Holdings Limited(The Bahamas)

Libya Oil Kenya Limited(Kenya)

Libya Oil Services

Company Cameroon S.a.r.l.u.

(Cameroon)

Libya Oil Cameroon S.A.

(Cameroon)

Societe Camerounaise Equatoriale de

Fabrication de Lubrifiants S.A.

(Cameroon)

Tamoil AssakiaS.a.r.l.

(Morocco)

United InvestmentCompany S.A.E.

(Egypt)

Tamoil East Africa Limited.

(Uganda)

Libya Oil MaliS.A.

(Mali)

Belmont Infrastructure Development and

Investment Company Limited.

(Anguilla)

Zwara Crude Oil Refining Company Joint Stock

Company

(Libya)

Libya OilMisr S.A.E..

(Egypt)

Tamoil TunisieS.A..

(Tunisie)

Tamoil Zimbabwe (Private) Limited

(Zimbabwe)

Georgeton Energy Trading and Investment

Company Limited

(Anguilla)

All-Africa Investment Corporation(Mauritius)

51%

40%

35% 100% 25%100%

20% 45%

99.87%

77.09% 70% 67%

100% 60%

100% 100% 90% 100% 100% 100% 100% 100%

100% 100% 100% 100% 100% 100% 100% 100%

100%

100%

Libya Oil Holdings Limited(Mauritius)

100%

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Libya Oil Group in Africa : Key Dates• 1997 Tamoil starts downstream business in Egypt

• 1999 Shareholders decision to develop business in Africa

• 2000 Market entry in 4 African countries : Niger, Mali, Chad and Burkina

• 2001 Acquisition of Shell Niger and Chad

• 2003 Acquisition of Shell Aviation in Mali

• 2004 Acquisition of Mobil Oil Niger and Shell Eritrea

• 2006 Acquisition of Mobil affiliates in 6 countries : Kenya, Senegal, Cote d’Ivoire, Gabon, Cameroun and Reunion

• 2006 Kenya-Uganda Pipeline project awarded to Tamoil East Africa

•2007 LOHL and LAP jointly acquired a part of Brega Oil marketing in Libya and incorporated Libya Oil Joint- Libya

Libyan Tunisian Joint Gas

•2007 Libyan Tunisian Joint Oil

Tamoil Tunisie

•2007 Zwara Crude Oil Refining Company

•2008 Acquisition of Mobil Oil Morocco and Mobil Oil Tunisia.

•2008 Acquisition of Shell Djibouti, Ethiopia, and Sudan

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Libya Oil Group in Africa: Libya Oil Group in Africa: Countries of PresenceCountries of Presence

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Libya Egypt Sudan Eritrea

Chad

Djibouti

Ethiopia

Kenya

Uganda

Reunion

Tunisia MoroccoBurkina Faso

Mali

Senegal

Cote d’Ivoire

Nigeria

Niger

Cameroun

Gabon

Exploration

Pipe line project

Libya Oil Group in Africa: Libya Oil Group in Africa: Countries of PresenceCountries of Presence

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Libya Oil Group in Africa: Libya Oil Group in Africa: ActivitiesActivities

• Libya Oil operate in Africa under both Oilibya and Tamoil brands but Tamoil phase ongoing.

• Libya Oil is present in all segments of the downstream business: Retail, Industrial, Marine, Aviation, LPG, Lubes and Specialities. Kenya – Service Station

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Libya Oil Group in Africa: Libya Oil Group in Africa: A growing company – SalesA growing company – Sales

000M3/T

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Reunion

Libya Oil Group in Africa: Libya Oil Group in Africa: A growing company – Retail A growing company – Retail

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KenyaOwnership: 100%

Capacity (KT/Year): 18

SudanOwnership: 100%

Capacity (KT/Year): 40

TunisiaOwnership: 100%

Capacity (KT/Year): 35

MoroccoOwnership: 100%

Capacity (KT/Year): 30

SenegalOwnership: 20%

Capacity (KT/Year): 20

CameroonOwnership: 60%

Capacity (KT/Year): 16

GabonOwnership: 8.72%

Capacity (KT/Year): 16

Libya Oil Group in Africa: Libya Oil Group in Africa: A growing company – LOBP A growing company – LOBP

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Morocco (10)Mohamed V – Rabat –Tangier –

Fez – Nador – Al Hoceima – Oujda – Ben Slimane –

Tit Millil - Tetouan

Senegal (2)Dakar – Saint Louis

Kenya (2)Nairobi – Mombasa

Cameroon (2)Douala – Yaounde

Gabon (3)Libreville – Port Gentil –

Franceville

Ethiopia (4)Addis Ababa – Axum –

Dire Dawa – Jima

Eritrea (2)Asmara – Assab

Djibouti (1)Djibouti

Cote d‘Ivoire (3)Abidjan – Bouake –

Yamoussoukro

Niger (2)Niamey – Agades

Chad (1)Djamena

Reunion (1)Saint Denis

Burkina Faso (2)Ouagadougou – Bobo

Dioulasso

Mali (1)Bamako

Libya Oil Group in Africa: Libya Oil Group in Africa: A growing company – AviationA growing company – Aviation

Our presence in 14 countries and 36 airports help us to be a supplier of choice for Airlines Companies (130+ customers)