The Outlook for Energy: A View to 2040 Muhammad Nurdin Vice President - Planning and Commercial ExxonMobil Indonesia UGM, December 20, 2014 This presentation

The Outlook for Energy:A View to 2040

Muhammad NurdinVice President - Planning and Commercial ExxonMobil IndonesiaUGM, December 20, 2014

This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein and under the heading "Factors Affecting Future Results" in the Investors section of our website at: www.exxonmobil.com. The information provided includes ExxonMobil's internal estimates and forecasts based upon internal data and analyses as well as publically-available information from external sources including the International Energy Agency. This material is not to be used or reproduced without the permission of Exxon Mobil Corporation. All rights reserved.

Energy Outlook Development

ExxonMobil 2014 Outlook for Energy

100 countries15 demand

sectors

Residential

Commercial

Lt. Transportation

Hvy. Transportation

Aviation

Marine

Rail

Chemicals

Asphalt

Lubricants

Flaring

Energy Industry

Agriculture

Heavy Industry

Power Generation

Motor Gasoline

Distillate

Naphtha

Jet Fuel

Fuel Oil

LPG

Lubes

Asphalt

Natural Gas

Nuclear

Biomass/Other

Coal

Hydro

Geothermal

20 fuel types

Solar

Wind

Bio-mogas

Bio-distillate

Electricity

Market Heat

Technology & Policy

Trade Flows

Energy Saved ~500

Energy DemandQuadrillion BTUs


Average Growth / Yr. 2010 – 2040

1.0%

Global Progress Drives Demand

Billion

Population GDPTrillion 2005$


0.8%


2.8%

OECD

Non OECD


Leading Economic Growth 2010 to 2040

China~40%

India~15%

Key Growth

20%

Other25%

Percent Share

60+ Countries

10 Countries

Key Growth Countries (2040)

2040 Energy Demand

QUADS

Brazil

Saudi Arabia

Iran

Mexico

Nigeria

South Africa

Thailand

EgyptTurkey

Indonesia




2.2%

Southeast Asia Energy Trends

Billion

Population GDPTrillion 2005$


0.9%


4.2%


Southeast Asia Energy Demand by Country

By CountryQuadrillion BTUs

Indonesia

Thailand

Malaysia

By FuelQuadrillion BTUs

Vietnam

Singapore

Rest of Southeast Asia

Philippines

Oil

Gas

CoalNuclear

Biomass

Other Renewables

Residential/Commercial

Semanggi - Jakarta

Residential/Commercial Outlook

By Sector

Quadrillion BTUs

Commercial

Residential

By Region

Quadrillion BTUs

Rest of World

OECD

By Fuel

Quadrillion BTUs

India

Africa

China

Oil

Gas

Coal

Biomass

Electricity

Other


S.E. Asia Residential/Commercial Demand

By SectorQuadrillion BTUs

Residential

Commercial



Oil

Gas

Biomass

Other Renewables

Electricity

Coal

Industrial

Southeast Asia Industrial Demand

By SectorQuadrillion BTUs

Other

Heavy Industry

Chemicals

Energy Industry



Oil

Gas

Biomass

Coal

Electricity

Transportation

Alun-alun Selatan

Commercial Transportation by Region - 2010Commercial Transportation by Region - 2040Sector DemandMBDOE

Light Duty

Marine

Rail

Heavy Duty

Aviation

Transportation Demand

MBDOE

2010


S.E. Asia Transportation Demand & Fleet Shift

TransportationMBDOE

Light Duty Vehicle FleetMillion Cars

Light Duty

Aviation

Heavy Duty

Marine

Rail


Electricity Generation

Southeast Asia Electricity Demand

Electricity Generation Fuel ConsumptionQuadrillion BTUs

Oil

Gas

Coal

Nuclear

Biomass

Electricity DemandThousand Terawatt Hour

Wind & Solar

Other Renewables


Emissions Semanggi - Jakarta

Energy-Related CO2 Emissions by RegionBillion Tonnes

Latin America

Middle East

Africa

Asia Pacific

North America

Russia/Caspian

Europe

2010

2040

Emissions per CapitaTonnes / Person

CO2 Emissions Plateau


Supply

Liquids Supply

Liquid Supply by TypeMBDOE

Other

Biofuels

Conventional Crude & Condensate

Tight OilOil Sands

NGLs

Deepwater

Crude and Condensate Resource*

Cumulative Production through 2040

Remaining Resource

Trillion barrels of oil


* Source: IEA

Gas Resources Abundant; Supply Diversifies

Thousand TCFGas Production by RegionRemaining Recoverable Resource*BCFD

Conventional

Unconventional

BCFD

Unconventional

Conventional

ROW

Gas Production by Type

2012

AP

NA

Africa

Middle East

Asia Pacific

Russia/Caspian

Europe

North America

Latin America


* Source: IEA

Africa

Middle East

Asia Pacific

Russia/Caspian

Europe

North America

Latin America

Energy Use Evolves Over Time

Quadrillion BTUs

Global Mix of Fuels

1800 1900 20001850 1950

Biomass

Coal

Oil

Gas

Hydro

Nuclear

Other Renewables

2040

Source: Smil, Energy Transitions (1800-1960)


Positioned to Take on the Challenges

History

Technology

WorkforceBusinessStrength

Corporate Citizenship

LNG tanker

Advanced Drilling —Surpassing 7 Miles Horizontally

Technology and Innovations

Oil Sands

Arctic

Unconventional Gas

Global Organization

115 Years of Presence in Indonesia

Aceh Production Operations Cepu Block

Three onshore gas fields. Divided in two Arun PSCs, South Lhoksukon (SLS) A and D, as well as one offshore gas field, the North Sumatra Offshore (NSO) A.

Gas produced from fields is sent to a facility owned by PT Arun NGL then managed to become LNG. Until now, PT Arun has supplied more than 4000 cargoes of LNG to Pertamina for sale to consumers in Korea and Japan.

Banyu Urip Project Status

• Banyu Urip is being built by 10,000 Indonesian workers, who make up 95 percent of the overall workforce

• Initial production of oil with a capacity of up to 40,000 barrels per day

• The project is expected to reach daily production capacity of 165,000 barrels in 2015.

• Banyu Urip will continue to ramp up production until it reaches full-field capacity in 2015.

Conclusions


Documents

The Outlook for Energy: A View to 2040 Muhammad Nurdin Vice President - Planning and Commercial ExxonMobil Indonesia UGM, December 20, 2014 This presentation