BP Amoco in China

1
BP Amoco in China

• LPG sales 1.5m tons per year
• Lubricants sales 60,000 tons per year
• Aviation fuel 2 JVs have 25 market share
• Refining 10 stake in Zhenhai refinery
• Chemicals profitable acetic acid plant in
  Chongqing

2
Lower Carbon Energy
Cleaner Fuels
Fuel Cell Vehicles
Energy Emission Efficiency
Methanol
Hydrogen
CCGT
CO2 Sequestration
Reduce Carbon
Wind
pv Solar
Thermal Solar
Renewables
Past
Present
Future
3
Solar already an impressive business
Sales in 160 countries 20 market share
180m sales revenues growing gt20
4
a 1 bn solar business by 2007

• Growing both scale and profitability

Driving down costs
Expanding markets
Capex 500m
New technology
Product development
energy for the future
5
Solar Growth
(/Wp)
65
700
Module Cost per Watt
Industry Shipments (MW)
60
55
600
50
500
45
40
400
35
30
300
25
20
200
15
10
100
5
0
0
2005
2000
1995
1990
1985
1980
1976
Strategies Unlimited, April 2000