Norsk Hydro Asa · OSL:NHY
Norsk Hydro Asa — Investor Day (2005)
10 slides from Norsk Hydro Asa's investor day presentation, 2005
Slide 1: A viable society. A need. An idea.
A viable society. A need. An idea. 36,000 professionals. Energy. Cooperation. Aluminium. Determination. Pushing boundaries. Respect. Nature. Courage. 100 years. Thinking ahead.
Slide 2: Commercializing a superior gas position
Commercializing a superior gas position Jørgen Rostrup Head of Marketing & Trading, Oil & Energy
Slide 3: Strong short-term ramp-up in gas production
Strong short-term ramp-up in gas production Maximum lifting and secure best value Gas production 1 000 boe/day 300 z 12% growth rate (CAGR) 250 2000-2010 200 z Market development facilitates further growth 150 z Large gas reserves in the middle of Europe 100 z High profitability going forward 50 0 2
Slide 4: Gas – an increasingly valuable commodity
Gas – an increasingly valuable commodity Hydro well positioned to capture this value USD per Boe 100 z Significant increase in gas prices Brent 80 NBP z Infrastructure in place 60 z High value “per barrel” for the long term 40 20 Ormen break even 0 jul-02 jul-03 jul-04 jul-05 jul-06 jul-07 jan-02 ja
Slide 5: Vesterled – Positioning Oseberg for the UK market
Vesterled – Positioning Oseberg for the UK market z Hydro initiative to link up NCS to a widening supply gap in the UK z Increased flow and increased profiling from Hydro fields Frigg Heimdal Vesterled z Low cost – quick delivery St. Fergus Sleipner z Innovative commercial system
Slide 6: Ormen Lange – securing gas to an undersupplied UK
Ormen Lange – securing gas to an undersupplied UK z Langeled – Hydro a driving force to Ormen Lange route Ormen Lange Gas to the UK Langeled - Short time from discovery to market Frigg Heimdal Vesterled z Langeled South – increased delivery to UK at the right time St. Fergus Sleipner - Langeled on s
Slide 7: Commercial thinking – Active positioning for UK supply gap
Commercial thinking – Active positioning for UK supply gap z Upstream positioning Ormen Lange Langeled z Infrastructure investments Frigg Heimdal Vesterled z Adjustments of sales portfolio St. Fergus Sleipner z Constant optimisation of flows Easington Bacton
Slide 8: Secure outlet in changing markets
Secure outlet in changing markets High oil prices Gas to power New import projects LNG to US Liberalization National Champions
Slide 9: A strong future
A strong future Strong short-term ramp up in gas-production Gas – an increasingly valuable commodity Gas production 1 000 boe/day USD per Boe 300 100 Brent 250 80 NBP 200 60 150 40 100 20 50 0 0 Jul-02 Jul-03 Jul-04 Jul-05 Jul-06 Jul-07 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 2000 2005 2010
Slide 10: A viable society. A need. An idea.
A viable society. A need. An idea. 36,000 professionals. Energy. Cooperation. Aluminium. Determination. Pushing boundaries. Respect. Nature. Courage. 100 years. Thinking ahead.