Ralph Alexander gas, power

1
Ralph Alexandergas, power renewables

• plans prospects

2
gas, power renewablesstrategic purpose

• integrated with other business segments
• maximise the value of our gas through marketing
• grow value of our natural gas liquids production
• build a profitable renewables business

3
gas, power renewablesbuilding markets ahead of
LNG supply
markets capturedas of 31/12/02
gas supplied to plants
mmscfd
mmscfd
China
2000
2000
Other
1500
Americas
1500
1000
1000
Spain
500
500
Japan
0
0
00
01
02
03
04
05
source BP projections 03 - 05
4
gas, power renewablesbuilding markets ahead of
LNG supply
markets capturedas of 31/12/02
gas supplied to plants
mmscfd
mmscfd
China
2000
2000
Other
New LNG
1500
Americas
1500
1000
1000
Spain
500
500
Japan

0
0
00
01
02
03
04
05
08
source BP projections 03 - 05, 08
5
Atlantic basin LNG optimising returns with
market flexibility
BCFD
2
1.5
1
0.5
0
02
05
08
source BP projections 05, 08