1. LIBYA OIL In AFRICA

2. Libya Oil Group in Africa : Vision, Mission, Values
“To be Africa’s leading and most respected partner in shaping African Energy and empowering African born prosperity.”
MISSION
“To Energize our people and delight our partners by providing responsible energy solutions.”
Pursuing excellence:
Agility
Professionalism
Hardworking
Concern for Safety
Encouraging Collaboration
Respect for people
Teamwork
Partnerships
Fostering innovation
Creativity & Innovation
Initiative
Nurturing leadership
Responsible corporate citizen
Ethical – Integrity, honesty, fairness
African prosperity
VALUES

3. Libya Oil Group in Africa : Objectives/Strategy
Engagement in Africa
To have a profitable and effective distribution petroleum entities
To become a key player in the downstream sector for medium term.
Establishment of sub-regional entities in the various African regions:
Respecting environment and security
Enabling its staff to realise their professional aspirations.
To meet its objectives, Libya Oil Group focuses upon 3 strategic approaches:
Creation of start-up entities
Acquisition of operating assets
Acquisition of operating companies.
Libya Oil Group’s favoured strategic approach remains the acquisition of operating companies. 3 3

4. Libya Oil Group in Africa : Objectives/Business Goals
To pursue extensive presence in Africa, preferably through acquisition of existing operating entities.
To become one of the leading company in Downstream Business in Africa.
Achieve a sustainable growth to reach % of market share and a retail network of 3,000 service stations.
Develop Supply and Logistics (refineries, Kenya-Uganda pipelines.. Etc)
Operate in all countries with high level of business standards of Safety, Health and Environment.
Develop local resources and expertise to support the business
Objectives will be achieved by:
Developing the existing business
Market Entry in countries with potential of growth
Acquisition of existing entities 4 4

5. Libya Oil Group in Africa: Upstream Activities
Libya Oil Holding Limited decided to broaden its investments throughout Africa and take part
in the upstream activities business (both in exploration and production)
LOHL has an effective participation in establishing and acquiring market share in oil refineries industry.
LOHL’s region strategy is to ensure continuity in supplying petroleum products to meet the current and future needs of the companies throughout the continent
The implementation of the pipeline is underway between Kenya and Uganda, which aims to provide Uganda, eastern Congo, southern Sudan, Rwanda, Burundi and the north-western Tanzania.
LOHL has also signed an agreement to start implementing a new pipeline along the coast, the DRC and also an ongoing implementation of a new pipeline : Uganda Rwanda.
LOHL is currently preparing feasibility and marketing studies to contribute and take part in international companies either to develop or purchase shares in new vital fields such as manufacture of liquefied natural gas (LNG) or liquefied petroleum gas (LPG) as a result of its business. 5 5

6. Libya Oil Group in Africa : Corporate Structure
Libya Africa Investment Portfolio
(Libya)
(Mauritius)
Libya Oil Holdings Limited
Libya Oil Supply
Limited
Libya Oil Lubes
Libya Oil Aviation
Libya Oil
Exploration and
Production Limited
Sudan
(England)
Ethiopia
Djibouti
(Djibouti)
Shell Eritrea Assab Storage
(Eritrea)
Libya Oil Tunisie
(Tunisia)
Lubrifiants de Tunisie
SARL
Libyan Tunisia Joint Gas
S.A.R.L.
Libyan Tunisian Joint Oil
Libya Oil Morocco
S.A.S
(Morocco)
Libya Oil Libya
Arabian Oil and Gas Pipeline Company
S.A.E.
(Egypt)
Circle Oil
(Ireland)
100%
81%
50%
45%
30%
Africana Corporate Services
Tamoil Africa Holdings Limited
(Malta)
19%

7. Libya Oil Group in Africa : Corporate Structure
80%
Libya Africa Investment Portfolio
(Libya)
(Mauritius)
Tamoil Africa Holdings Limited
(Malta)
Tamoil Benin
S.A.
(Benin)
Libya Oil Burkina
(Burkina Faso)
Libya Oil Niger
(Niger)
Libya Oil Senegal
(Senegal)
Libya Oil Côte d’Ivoire S.A.
(Côte d’Ivoire)
Tamoil Malindi Share Company
(Eritrea)
Tamoil Eritrea
Limited.
(England)
Libya Oil Uganda
(Uganda)
Libya Oil Reunion S.A.S..
(Reunion)
Tamoil Morocco
S.a.r.l.u.
(Morocco)
Libya Oil Gabon S.A.
(Gabon)
Tamoil Integrated Services Nigeria Limited
(Nigeria)
Libya Oil Chad
(Chad)
Tamoil Kenya Holdings Limited
(The Bahamas)
Libya Oil Kenya Limited
(Kenya)
Libya Oil Services Company Cameroon S.a.r.l.u.
(Cameroon)
Libya Oil Cameroon S.A.
Societe Camerounaise Equatoriale de
Fabrication de Lubrifiants
Tamoil Assakia
S.a.r.l.
United Investment
Company S.A.E.
(Egypt)
Tamoil East Africa Limited.
Libya Oil Mali
(Mali)
Belmont Infrastructure Development and
Investment Company
(Anguilla)
Zwara Crude Oil Refining Company Joint Stock
Company
Libya Oil
Misr S.A.E..
Tamoil Tunisie
S.A..
(Tunisie)
Tamoil Zimbabwe (Private) Limited
(Zimbabwe)
Georgeton Energy
Trading and Investment Company Limited
All-Africa
Investment Corporation
51%
40%
35%
100%
25%
20%
45%
99.87%
77.09%
70%
67%
60%
90%
Libya Oil Holdings Limited

8. Libya Oil Group in Africa : Key Dates
1997 Tamoil starts downstream business in Egypt
1999 Shareholders decision to develop business in Africa
2000 Market entry in 4 African countries : Niger, Mali, Chad and Burkina
2001 Acquisition of Shell Niger and Chad
2003 Acquisition of Shell Aviation in Mali
2004 Acquisition of Mobil Oil Niger and Shell Eritrea
2006 Acquisition of Mobil affiliates in 6 countries : Kenya, Senegal, Cote d’Ivoire, Gabon, Cameroun and Reunion
2006 Kenya-Uganda Pipeline project awarded to Tamoil East Africa
LOHL and LAP jointly acquired a part of Brega Oil marketing in Libya and incorporated Libya Oil Joint- Libya
Libyan Tunisian Joint Gas
Libyan Tunisian Joint Oil
Tamoil Tunisie
2007 Zwara Crude Oil Refining Company
2008 Acquisition of Mobil Oil Morocco and Mobil Oil Tunisia.
2008 Acquisition of Shell Djibouti, Ethiopia, and Sudan

9. Libya Oil Group in Africa: Countries of Presence9 9

10. Libya Oil Group in Africa: Countries of Presence
Burkina Faso
Morocco
Tunisia
Libya
Egypt
Sudan
Eritrea
Mali
Chad
Senegal
Djibouti
Cote d’Ivoire
Ethiopia
Nigeria
Exploration
Kenya
Niger
Uganda
Cameroun
Pipe line project
Reunion
Gabon 10 10

11. Libya Oil Group in Africa: Activities
Libya Oil operate in Africa under both Oilibya and Tamoil brands but Tamoil phase ongoing.
Libya Oil is present in all segments of the downstream business: Retail, Industrial, Marine, Aviation, LPG, Lubes and Specialities.
Kenya – Service Station 11 11

12. Libya Oil Group in Africa: A growing company – Sales
000M3/T 12 12

13. Libya Oil Group in Africa: A growing company – Retail
Reunion 13 13

14. Libya Oil Group in Africa: A growing company – LOBP
Kenya
Ownership: 100%
Capacity (KT/Year): 18
Tunisia
Ownership: 100%
Capacity (KT/Year): 35
Morocco
Ownership: 100%
Capacity (KT/Year): 30
Senegal
Ownership: 20%
Capacity (KT/Year): 20
Sudan
Ownership: 100%
Capacity (KT/Year): 40
Cameroon
Ownership: 60%
Capacity (KT/Year): 16
Gabon
Ownership: 8.72%
Capacity (KT/Year): 16 14 14

15. Libya Oil Group in Africa: A growing company – Aviation
Our presence in 14 countries and 36 airports help us to be a supplier of choice for Airlines Companies (130+ customers)
Morocco (10)
Mohamed V – Rabat –Tangier –
Fez – Nador – Al Hoceima –
Oujda – Ben Slimane –
Tit Millil - Tetouan
Senegal (2)
Dakar – Saint Louis
Kenya (2)
Nairobi – Mombasa
Cameroon (2)
Douala – Yaounde
Gabon (3)
Libreville – Port Gentil –
Franceville
Ethiopia (4)
Addis Ababa – Axum –
Dire Dawa – Jima
Eritrea (2)
Asmara – Assab
Djibouti (1)
Djibouti
Cote d‘Ivoire (3)
Abidjan – Bouake –
Yamoussoukro
Niger (2)
Niamey – Agades
Chad (1)
Djamena
Reunion (1)
Saint Denis
Burkina Faso (2)
Ouagadougou – Bobo Dioulasso
Mali (1)
Bamako 15 15