1. Trans Adriatic Pipeline (TAP) BULGARIA MACEDONIA ALBANIA ITALY BULGARIA MACEDONIA ALBANIA ITALY GREECE

2. TAP – High Lights Total CAPEX (MrdEUR) (€/MWh) Offshore OtherCountr. TARIFF* Transit Countries Supplies Technical Offshore/Total Water Depth Albania Studies Total CAPEX (MrdEUR) (€/MWh) Offshore OtherCountr. TARIFF* Transit Countries Supplies Technical Offshore/Total Water Depth Albania Studies TAP Southern Route 0.69 1.7 0.25 (Albania, Italy) 0.24 (Greece) 0.20 Albania, Greece Caspian, Middle East, Russia, LNG 800 m (S-Lay) 90 km / 570 km Feasibility Study 0.69 1.7 0.25 (Albania, Italy) 0.24 (Greece) 0.20 Albania, Greece Caspian, Middle East,Russia, LNG 800 m (S - Lay) 90 km / 570 km Feasibility Study * WesternTurkeytoItaly

3. TAP – Potential Supply Sources TAP provides New (4 th ) Supply Corridor to Europe Open Access Regime like other EU Interconnectors Security & Diversification of new Supplies Competition in EU Gas Markets Caspian Middle East Russia

4. Project Highlights Trans Adriatic Pipeline TAP opens a new (4 th ) Gas Supply Corridor to Europe providing Diversification and Security of Supply TAP is the most economic project and received several expressions of interest TAP will create economic stimulus growth potential stability & cohesion to South East Europe TAP enables the development of the gas market and will satisfy future energy demand in South East Europe TAP is independent, non discriminatory and open for third parties TAP requires a predictable Legal, Regulatory and Competition Framework