ikarus petroleum industries
DESCRIPTION
Ikarus Petroleum Industries. A Kuwait Based Investment Company…. Focusing on the energy and petrochemicals sectors Paid-up share capital KD 75 million ($275m) Listed on the Kuwait Stock Exchange 2008 Total Assets in excess of USD 750 million. …with a successful track record. Current Assets. - PowerPoint PPT PresentationTRANSCRIPT
-
Focusing on the energy and petrochemicals sectorsPaid-up share capital KD 75 million ($275m)Listed on the Kuwait Stock Exchange 2008Total Assets in excess of USD 750 million
-
Current AssetsNon Current AssetsCurrent LiabilitiesTotal EquityKDm
Chart1
88.747.3
125.110.9
166.838.5
188.317.1
2006KD 135.9 million
2007KD 205.4 million
Column1
Column2
Sheet1
Column1Column2
Total Assets88.747.3
Equity & Liabilities125.110.9
Total Assets166.838.5
Equity & Liabilities188.317.1
To resize chart data range, drag lower right corner of range.
-
Nader Sultan 37 Years experienceChairmanFormer CEO Kuwait Petroleum Corp.Advisor Al Markaz Energy FundDirector, Oxford Energy SeminarDr Adel Al-Sabeeh 33Years experienceVice ChairmanFormer Minister for Oil, Government of KuwaitFormer Chairman of Kuwait Petroleum Corp.Chairman & MD of NICBM.Suhail Abograis32 Years experienceCEO & Board MemberBoard member Kuwait National Petroleum Co. Board Member Kuwait Gulf Petroleum Co.Former MD (Planning & Fin) Kuwait PetroleumHani Hussain36 Years experienceBoard memberFormer CEO Kuwait Petroleum Corp.Former Chairman, KNPCChairman, Stehwaz Holding Co.
-
National Industries Group.Largest shareholder in Ikarus PetroleumListed on Kuwait Stock Exchange since 1984.Market capitalization of over $ 7 billion.Total assets of over $ 5 billion
-
* As at 31st December 2007
Chart1
270
245
52
35
148
Column2
$270m
$245m
$52m
$35m
$148m
Sheet1
Column1Column2
Sipchem 8% share$270
Tasnee 5% share$245
Int'l Acetate Co. 15% share$52
Vinyl Acetate Co 15% share$35
Managed Funds148
750
To resize chart data range, drag lower right corner of range.
-
Chart1
8.2
3.2
% of Portfolio
% of Portfolio (Value)
Sheet1
% of Portfolio
Board Position8.2
Managed Funds3.2
To resize chart data range, drag lower right corner of range.
-
500,000 tonnes/year Polypropylene capacityIntegrated complex, Jubail Saudi Arabia.2007 Revenue $1.8bn; Net Income $150mMarket capitalization $5.4 billion.
-
First private petrochemicals manufacturer in Saudi Arabia10th largest company by market cap in the Middle East.Phase I (In production)1 million tonnes/year Methanol75,000 tonnes/year ButanediolPhase II (2009)Acetic Acid, Vinyl Acetate Monomer, Carbon MonoxidePhase IIIWorld class olefins and derivatives complex
-
Leading private sectors players in Saudi ArabiaWorld ScaleLow Cost FeedstockProven & Leading TechnologyMarket positioning- Partners with leading international chemical majorsGood LogisticsCredible applicants for additional feedstockProven operational and project competence
-
Role of Middle East in World Energy will growWith half of the worlds reserves, MENA will meet 2/3 of increase in global oil demand.MENA will strengthen its position as worlds largest exporter.Energy investment in the region $490 billion in 2008 2012 (Apicorp estimate)Petrochemicals capacity expected to double by 2018Growing role for private sector participation
Source: Apicorp
-
Source: Apicorp
Chart1
108
70
65
46
40
36
35
18
16
10
10
9
7
6
4
4
2
2
US$ bn
Sheet1
US$ bn
Saudi Arabia108
Iran70
Qatar65
UAE46
Algeria40
Kuwait36
Egypt35
Libya18
Oman16
Iraq10
Syria10
Yemen9
Bahrain7
Tunisia6
Morocco4
Sudan4
Lebanon2
Mauritania2
-
Source: Apicorp
Chart1
116.4
87.2
72.5
71
62
53.5
17.7
9.8
US$ Bn
Sheet1
US$ Bn
Refining116.4
Petrochemicals87.2
Oil Upstream72.5
Power71.0
Gas Upstream62.0
LNG - GTL53.5
Gas Midstream17.7
Oil Midstream9.8
-
2008 ~36% of global oil supply and 17% of natural gas. Anticipated increased role due to resource base ~44% of oil and at least a quarter of natural gas by 2030MENA energy policy preferences critical to global energy futureMajor concerns that its not doing enoughSource: IEA
-
Plans for 5.8 million b/d new crude through 2012 (source: state figures) 392 Bcm additional gas (source: state figures) 1.9 million b/d NGLs (IEA number) 6.3 million b/d+ of new refining capacity (state figures)70 million tonnes+ of LNG (state figures)State TargetsSource: IEA
***