MOZAL GAS CONVERSION PROJECT

Africa Oil & Gas Conference3rd June 2005

NOT AN OFFICIAL UNCTAD RECORD

Mozal Gas Conversion Project

Mozal Gas Conversion Project - System Layout

POTLINE 2

ROD. SHOP

POTLINE 1

ABF 1

ABF 2

FTC 1

FTC 2

MGC SUPPLY

CASTHOUSE

OFFICES

LPG STORAGE

SITE BOUNDARY

SITE BOUNDARY

CMS

HFO

DIESEL

Mozal Gas Conversion Project – Back-Up

POTLINE 2

ROD. SHOP

POTLINE 1

ABF 1

ABF 2

FTC 1

FTC 2

MGC SUPPLY

CASTHOUSE

OFFICES

LPG STORAGE

SITE BOUNDARY

SITE BOUNDARY

CMS

HFO

DIESEL

Mozal Gas Conversion Project - Energy Usage

Casthouse 200,000 GJ

Rodding Shop 20,000 GJ

Bake Furnaces 700,000 GJ

Mozal Gas Conversion Project – Key Milestone Schedule• Sign Gas Supply Agreement with MGC 27 Feb 2004• Sign Service Agreement with SLMR 10 Apr 2004• Gas Supply Agreement Effective Date 02 Jun 2004

Plan Forecast / Actual• Supply First Gas 02 Jun ‘05 18 Mar ‘05• Full on Gas

– Rodding Shop May ‘05 23 Mar ‘05– Casthouse July ’05 15 Jul

’05– Bake Furnaces Oct ‘05 15 Apr ’05

• Project Complete Nov ’05 31 July ‘05

Mozal Gas Conversion Project – Reticulation Installation

Mozal Gas Conversion Project – Pressure Reducing Stations

Mozal Gas Conversion Project – Equipment Modification

Mozal Gas Conversion Project - Benefits

• Enabler to bring Mozambican Natural Gas to the region

• Reduced Green House Gas emissions… 20,000 tons

of CO2 pa

• Natural Gas is a cleaner and more efficient fuel...

improved process efficiency

• Natural Gas is cheaper than current fuels used at

Mozal