Norsk Hydro Asa · OSL:NHY

Norsk Hydro Asa — pdf Norways role in the international energy market

10 slides from Norsk Hydro Asa's investor presentation, 2003

  1. Slide 1: Norway's role in the international energy market

    Eivind Reiten CEO & President Norway’s role in the international energy market

  2. Slide 2: The importance of the petroleum industry

    The importance of the petroleum industry GDP 1998-2002, bn NOK 300 250 200 150 100 50 0 2002* Oil and Gas Industry Power & Utility Hotels & Restaurants Fisheries and Fishfarming Source: Statistics Norway

  3. Slide 3: Growing European gas demand

    Growing European gas demand 800 700 L NG ria 600 Alge 500 Prolongations Contracted* bcm 400 300 200 Production 100 0 2002 2006 2010 2014 2018 2022 Source: Global Insight (June 2003); Hydro *Including assumed prolongations

  4. Slide 4: Ormen Lange gas to the UK is competitive

    Ormen Lange gas to the UK is competitive Ormen Lange North Africa (Algeria LNG) Russia (Yamal pipeline) UK (West of Shetland) Middle East (Qatar LNG) 0,00 20,00 40,00 60,00 80,00 100,00 Øre/Sm3 Source: Wood Mackenzie (November 2002) Note: Based on 7 NOK/USD

  5. Slide 5: HydroWingas

    HydroWingas A UK marketing joint venture 50% 50% Wintershall 65% Gazprom 35%

  6. Slide 6: NCS is maturing - still significant opportunities remain

    NCS is maturing - still significant opportunities remain ! Still many possibilities ! Small discoveries ! Low exploration activity ! Few new projects, declining investements ! Hydro will aggressively pursue these opportunities

  7. Slide 7: Renewing renewables

    Renewing renewables Wind power Hydro power Hydrogen R&D projects

  8. Slide 8: Summing up

    Summing up ! Norway play an important role in the international energy market ! Future role will depend on our ability to: ! Leverage a strong European gas position ! Master a maturing Continental Shelf ! Renew renewables

  9. Slide 9: HYDRO

    HYDRO

  10. Slide 10: Forward-Looking Statements/ Use of Non-GAAP Financial Measures

    Forward-Looking Statements/ Use of Non-GAAP Financial Measures In order to utilize the “safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995, Hydro is providing the following cautionary statement: This presentation contains certain forward-looking statements

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