Copyright © MITSUI & CO., LTD. All Rights Reserved. Mitsuis Activities in Energy Sector Takeshi...

Copyright © MITSUI & CO., LTD. All Rights Reserved.

Mitsui’s Activities in Energy SectorTakeshi Kanamori

Executive Managing Officer, Chief Operating Officer

Infrastructure Projects Business Unit Mitsui & Co., Ltd.

September 24th, 2013Belo Horizonte


Global NetworkProfile

Number of Offices Overseas :136 (67 countries) Domestic : 12

Mitsui at a Glance

As of September 1, 2013

Foundation : July 1, 1876 Establishment : July 25, 1947

Number of Employees (Consolidated) : 45,148

Subsidiaries and Associated Companies : 410

Financial Information 　 Revenue : USD 52.2 Bil Net Income : USD 3.3

Bil Total Assets : USD

109.8 Bil Shareholders’ Equity : USD 33.8 Bil

Long Term Credit Ratings Moody’s : A2 S&P : A+Mitsui’s Motto “Desafio e Inovação”

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(Challenge and Innovation)


12 Business Units

Iron & Steel Product BU

Mineral & Metal Resources BU

Integrated Transportation Systems BU

Basic Chemicals BU

Performance Chemicals BU

Foods Resources BU

Consumer Service BU

Energy BU I

Energy BU II

Food Products & Services BU

Innovation & Corporate Development BU

Mitsui covers all of the industrial sectors through its 12 Business Units.

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Infrastructure Projects BU

Copyright © MITSUI & CO., LTD. All Rights Reserved. 4

Infrastructure Projects Business Unit


Brazil is one of the most important countries for Mitsui. Mitsui’s activities in Brazil cover the wide range of sectors.

Mitsui in Brazil

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Huge Potentialities in Brazil Latin America have huge proven reserves of oil and gas which represents 328.4

billion barrels. Brazil has ~15.3 billon barrels of proven reserves, which is the 15th country in the

world. Brazil positions the oil & gas industries as a strategic sector for its sustainable

growth.

Sources : Ministério De Minas E Energia - Governo Federal Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – ANP U.S. Energy Information Administration – EIA

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Proven reserves - geographic regions Proven reserves - Brazil

Pre-salt


Exploration & Production Processing LNG Tanker LNG Receiving

TerminalGas Pipeline

& LDC

Gas Fired Power Plant

& Cogeneration

Mitsui in Value-chain 　 Broad international experience in equity investment, construction, marketing &

trading and structured finance covering all segments in the oil & gas value chain

<LNG Liquefaction Terminal>Sakhalin-II / RussiaADGAS / Abu-DabiQatargas1&3 / QatarOman LNG / OmanNWS / AustraliaEquatorial GuineaTangguh / Indonesia

Dukhan (135,000m3)

Muscat LNG (145,000m3) Arctic Discoverer (140,000m3) Arctic Voyager (140,000m3)

Guayanilla / Puertorico Manzanillo / Mexico Montoir / France

Malhas PL / Brazil Blue Stream / Russia Urucu / Brazil Cabiunas /Brazil Mitsui Gas (MGEB)/

Brazil

Falcon, Valladolid / Mexico Saltend / UK Eco Electrica / Puerto Rico Ontario / Canada Ecogen / Brazil

<Oil & Gas Processing>FPSOs / Brazil & othersEspadarte, Voador, Marimba / BrazilBarracuda / Brazil

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Blocks inAustraliaNew ZealandThailandCambodiaVietnamIndonesiaOmanUAEQatarRussiaLibyaMozambiquePolandUSA (Shale) CanadaUKItaly, etcDrillships / Brazil


Exploration & Production Processing LNG Tanker LNG Receiving

TerminalGas Pipeline

& LDC

Gas Fired Power Plant

& Cogeneration

Mitsui in Value-chain 　 Broad international experience in equity investment, construction, marketing &

trading and structured finance covering all segments in the oil & gas value chain

Blocks inAustraliaNew ZealandThailandCambodiaVietnamIndonesiaOmanUAEQatarRussiaLibyaMozambiquePolandUSA (Shale) CanadaUKItaly, etcDrillships / Brazil

<LNG Liquefaction Terminal>Sakhalin-II / RussiaADGAS / Abu-DabiQatargas1&3 / QatarOman LNG / OmanNWS / AustraliaEquatorial GuineaTangguh / Indonesia

Dukhan (135,000m3)

Muscat LNG (145,000m3) Arctic Discoverer (140,000m3) Arctic Voyager (140,000m3)

Guayanilla / Puertorico Manzanillo / Mexico Montoir / France

Malhas PL / Brazil Blue Stream / Russia Urucu / Brazil Cabiunas /Brazil Mitsui Gas (MGEB)/

Brazil

Falcon, Valladolid / Mexico Saltend / UK Eco Electrica / Puerto Rico Ontario / Canada Ecogen / Brazil

<Oil & Gas Processing>FPSOs / Brazil & othersEspadarte, Voador, Marimba / BrazilBarracuda / Brazil

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PetrobrasEspadarte Sul FPSO

PetrobrasPRA-1 FSO

CNRBaobab FPSO

CLJOCSu Tu Den FPSO

KNOCRong Doi FSO

PEARLJasmine FPSO

SantosMutineer-Exeter FPSO

ChevronAnoa FPSO

ChevronEscravos LPG FSO

TullowJubilee FPSO

BHPBPStybarrow FPSO

TSJOCSong Doc FPSO

JVPCRang Dong FPSO

PetrobrasOpportunity FPSO

PetrobrasGas Opportunity#2

Petrobras 10,000 Drillship

PetrobrasLula FPSO

PetrobrasGuara FPSO

PetrobrasEtesco Takatsugu J

PetrobrasCernambi Sul FPSO(Under construction)

PetrobrasCernambi Norte FPSO(Under construction)

12 FPSO/FSOs and 2 Drillships under charter, 7 FPSO/FSOs sold since 1990, 3 FPSOs under construction.

Among them, 6FPSO/FSOs and 2 Drillships under charter to Petrobras (2 FPSOs under construction)

Mitsui’s Offshore Project Records

Sources: MODEC and others

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OSXOSX-3 FPSO(Under construction)

FPSO projects highlighted in red are under operation in Brazilin Brazil


Mitsui Gás e Energia do Brasil

MGEB Overview

Description• Mitsui Gas e Energia do Brazil (MGEB) is a holdingcompany with stakes in 7 local gas distributioncompanies (LDCs) in Brazil

Profile• Foundation: October 4, 1990;• Capital: R$ 588 MM (approx. US$ 302 MM);• Shareholder: 100%* Mitsui & Co., Ltd

% Shares on LDCs

Market

• Mitsui Gas rank the 4th place among Brazilian LDCs,representing 20% of the LDC market in Brazil;• Supply more than 10 M cmd for 70,000 customers.• > 3,000km gas pipeline network

24,5%

41,0%

41,5%

41,5%

41,5%

41,5%

41,5%

Mitsui

Mitsui Gás

Petrobras

Gaspetro

State Gov100% 100%

51%24,5% 24,5%

Mitsui Gás e Energia do Brasil conducts local gas distribution services in 7 states in Brazil.

Mitsui Gás e Energia dispatches CFOs to each local gas distribution company.

Sources: Mitsui Gás e Energia do Brasil Ltda.

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Mitsui Gás e Energia hosts a series of seminars and workshops in Brazil concerning technical administrations by introducing Japanese knowledge and technologies to aggregate values.

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Sources: Mitsui Gás e Energia do Brasil Ltda.

Mitsui Gás e Energia do Brasil


Ecogen Brasil Soluções Energéticas Mitsui participates in Ecogen Brasil Soluções Energéticas together with Energy

Advance Co., Ltd. (ENAC), a subsidiary of Tokyo Gas Co., Ltd. ENAC and Mitsui implement knowledge and expertise in terms of “environmental

friendliness” and “efficiency”.

0

25

50

75

100

125

150

175

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Ecogen Capacity Growth- MWeq

Signed Operational11

77

99

55

33

66

22

88

44

1212

1111

1010

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Sources: Ecogen Brasil Soluções Energéticas S.A.


Ecogen Brasil Soluções Energéticas for future

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Sources: Energy Advance Co., Ltd.

Shinjuku district heating and cooling system For industrial customers


Foresight Mitsui’s “Desafio e Inovação”

Linkage among Brazil, Japan and all the world

“Safe”, “Environmentally-friendly” and “Efficient” in energy sector for the greater prosperity and the sustainable growth

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Muito obrigado.Arigatou gozaimasu.

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Disclaimer

• All information contained in this document is confidential and proprietary to Mitsui and is

provided on a confidential basis for the purpose of providing certain information to the

recipients. Any use, reproduction or distribution of this document, in whole or in part, or any

disclosure of any of its contents or the use of any information or ideas herein, without the prior

written consent of Mitsui, is expressly prohibited. Each person, by accepting delivery of this

document, agrees to the foregoing.

• This document does not constitute a commitment to make an offer of any nature whatsoever.

• No representation, express or implied, is or will be made, neither is nor will any responsibility

or liability be accepted by Mitsui & Co., Ltd. or any of its officers or employees in relation to the

accuracy or completeness of this document. Any liability is therefore expressly disclaimed.

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