Agenda

2. Agenda 1 ENH Logisticsas a Company 2 Local Content Reflections 3 Opportunity Areas for SME’s ENH Logistics: Local Content Reflections & Opportunity Areas

3. ENH Logistics as a CompanyCompany at a glance ENH, E.P. GroupandActivityAreasof ENH Logistics: ENH, E.P. CorporateGroup ActivityAreasof ENH Logistics InfrastructureEnabler • Supporting the Industry, by enabling: ports, railways, roads, energy, ‘comms, airports, pipelines. LogisticsServicesProvider • Supporting Industry demand on specific logistics services required by operators. Industrial DevelopmentEnabler • Promoting other industrial clusters that can support or benefit from the Oil & Gas Industry development. Goods & ServicesProvider • Supporting demand on “generic” categories: housing, medical care, consulting services, training, etc. ENH Logistics is a subsidiary of ENH, E.P., Mozambican public owned company that has as its main activity: Exploration and Production (E&P) of Oil & Gas. ENH Logistics: Local Content Reflections & Opportunity Areas

4. ENH Logisticsas a CompanyOurVision, MissionandValues • Leading the logistics services provision in the Mozambican Oil & Gas Industry, with high quality and services standards, using an integrated and holistic approach on the services provided to the Oil & Gas value chain. • “National Pride” • Superior Execution • Workplace safety • Set the industry standard • Provide profitable logistics services, with high quality and safety standards, to support the Oil & Gas companies in Mozambique,contributing to the development of the country through diversified areas of participation and by implementing socio-environmental responsibility policies that can benefit the local community, while providing a sustainable growth to our activities. • High moral standards • Social/ Environment policies ENH Logistics: Local Content Reflections & Opportunity Areas

5. ENH Logisticsas a CompanyOurInternalOrganization ENH Logistics (Business Units): • TLO (Offshore Terminal); • Multiple services related to the Terminal; • Other services. • Natural Gas, Cargo and People Transport; • Coastal Navigation. • Real Estate Management; • Development Projects; • Other services. • Air Transport, VIP, Natural Disasters; • Emergencies (EMS), Search and Rescue; • Initialization Operations; • Helicopter Leasing. • Infrastructure Management (Hospitals); • Research services. • LNG maintenance services; • Non-specific maintenance services. We have “set” our internal organization aligned with our activity areas, already described. ENH Logistics: Local Content Reflections & Opportunity Areas

6. ENH Logisticsas a CompanyCurrentChallenges & Objectives Provide high quality services to support Industry operations in the country Creating an internal capacity to be able to effectively support the Oil & Gas Industry demand Create incentive programs to support the national participation of Mozambicans in the Oil & Gas Industry Establish national companies that can support the Industry (especially providing logistic services) Develop logistics capabilities in order to support the multiple hydrocarbon projects to be developed in the country Promote a sustainable growth in these companies by establishing long term contracts with the operators Increase employment opportunities to Mozambican human resources, through entrepreneurship and capacitation Capture Oil & Gas demand for human resources and develop a national capability program to answer it Eradicate poverty and contribute to the social development in Mozambique Define ENHLogistics as the “main logistical vehicle” in the Oil & Gas Industry operations in the country ENH Logistics: Local Content Reflections & Opportunity Areas

7. ENH Logisticsas a CompanyMainProjectsDeveloped/ In Development Main Projects currently being developed by ENH Logistics: Camp site in Palma Pemba Port Local Content in O&G Palma “Use of Land” Joint Ventures Companies Aviation Marine Services Maintenance In the current context of the Mozambican economy and the own situation of the company ENH Logistics, our main priorities are: Infra-structures development and Local SME involvement and Industrial development. ENH Logistics: Local Content Reflections & Opportunity Areas

8. Agenda 1 ENH Logistics as a Company 2 Local Content Reflections 3 Opportunity Areas for SME’s 4 Mozambican Participation ENH Logistics: Local Content Reflections & Opportunity Areas

9. Local ContentReflectionsOurviewof Local Content What is “Local Content Development”: ENH Logistics Definition • Increase value generated by the development of the Industry: • Building capacities and enabling local companies to participate on operations; • Capacitating local resources to be involved and lead companies in the Industry. “Promoteconditions to beable to locallysuportandbenefitfromtheoperationsoftheIndustry” Local Structure(Support) Oil & GasInvestment Local Structure (Beneficiary) Example: Civil Construction Example: GTL Plant AddedValueGenerated in the Country Local Content Development promotes the generation of additional value to the country beyond the direct investment of foreign companies in the Industry. ENH Logistics: Local Content Reflections & Opportunity Areas

10. Local Content ReflectionsRoadmap of Local Content Program Proposed Roadmap – Local Content Program: Considering the previously mentioned guidelines and our will to mobilize this Industry towards this objective, ENH Logistics is proposing to follow this roadmap of activities: ENH Logistics: Local Content Reflections & Opportunity Areas

11. Local Content ReflectionsTypical Dimensions & Objectives Local Content Program Strategic Guidelines: Promoting Coordinating Human Capital Capacitation Industrial Development Social Responsibility Actions • Know-how transfer to local resources (training programs); • Local leadership programs; • Definition of a minimum participation of local resources in the Industry. • Identification & prioritization of local competitive sectors; • Local capacity building on suppliers of sectors with short-term competitiveness prospect; • Creation of joint-ventures. • Efforts of all companies involved within this Industry to be able to reallocate their goodwill according to Mozambique’s needs and Development Plan. Considering the most important dimensions of a Local Content Development Program, we shall act on specific measures to promote knowledge transfer and participations of local resources and suppliers. ENH Logistics: Local Content Reflections & Opportunity Areas

12. Agenda 1 ENH Logistics as a Company 2 Local Content Reflections 3 Opportunity Areas for SME’s ENH Logistics: Local Content Reflections & Opportunity Areas

13. Opportunity Areas for SME’sFinal Investment Decision of the LNG Project Mozambican LNG Project (FID = 2014): • Presently @FEED stage Potentially Largest LNG Plant Ambitious Schedule • Current schedule of the Project considers first two trains to be operational by the end of 2018. Final Investment Decision • Planned for the second semester of this year, 2014. Illustrativepictureof Palma (LNG Plant) It is expected that until the end of 2014, the final investment decision (FID) related to the Mozambican LNG Project will take place. ENH Logistics: Local Content Reflections & Opportunity Areas

14. Opportunity Areas for SME’sUrbanization Plan of Palma (LNG Plant Facilities) Palma “Use of Land” Plan: Facilities already planned: LNG PLANTProject • Industrial Park: 4.923 ha • Business Center: 609 ha • Congress Center: 534 ha • Services & Commerce: 256 ha • Housing & Equipment's: 3.532 ha • Tourism Buildings: 179 ha • Leisure & Sports: 3.276 ha • Ecological Park: 2.880 ha • … Illustrative Urbanization Plan for Palma (18.000 ha) The Urbanization Plan for Palma currently being finalized, has created some specific opportunities that can be considered for companies willing to contribute and benefit from the LNG Project. ENH Logistics: Local Content Reflections & Opportunity Areas

15. Opportunity Areas for SME’sMajor Opportunities in the Logistics Area Logistics Opportunities: • Shipping Lines; • Vessels Operators; • Airfreight Operators; • Transit & Supply Services; • Clearing & Forwarding; • Heavy Lift Transport. 1 Cargo & Personnel Transportation 2 Industrial Services • Pipe Coaters; • Gas Marine Services; • Ship Repair; • Specialized Industry construction; • Drilling Services. 3 Infra-Structures & Construction • Marine Construction; • Cement Services; • Machinery; • Subsea Equipment; • Services & Tools; • Fabrication & Engineering. 4 General Services • Maintenance & Repair; • Catering; • Training & Recruiting; • Facilities Management; • Housing; • Environmental Services. ENH Logistics: Local Content Reflections & Opportunity Areas Considering the development of the LNG Project and the Local Content Development Initiative also commented before, we believe that there is a strong “operating ground” for Small & Medium Sized companies (SME’s) to position themselves on a competitive perspective to this Industry.

16. Opportunity Areas for SME’sCargo & Personnel Transportation: Detail Typical Areas: Cargo & Personnel Transportation Shipping Lines Vessels Operators Airfreight Operators Transit & Supply Services Clearing & Forwarding Heavy Lift Transport With the objective of providing a clear picture of each area, please consider the following details, beginning with Cargo & Personnel Transportation, … ENH Logistics: Local Content Reflections & Opportunity Areas

17. Opportunity Areas for SME’sIndustrial Services: Detail Typical Areas: Industrial Services Pipe Coaters Gas Marine Services Ship Repairs Industry Construction Drilling Services …, Industrial Services, … ENH Logistics: Local Content Reflections & Opportunity Areas

18. Opportunity Areas for SME’sInfra-Structures & Construction: Detail Typical Areas: Infra-Structures & Construction Marine Construction Machinery Services & Tools Cement Services Subsea Equipment Fabrication & Engineering …, Infra-Structures & Construction, … ENH Logistics: Local Content Reflections & Opportunity Areas

19. Opportunity Areas for SME’sGeneral Services: Detail Typical Areas: General Services Maintenance & Repair Training & Recruiting Housing Catering Facilities Management Environmental Services …, and General Services. ENH Logistics: Local Content Reflections & Opportunity Areas