Natural Gas

Core Customers and Volumes

In October 2003, Dolphin Energy signed significant long-term gas sales agreements with its initial customers, Abu Dhabi Water and Electricity Company (ADWEC) and Union Water & Electricity Company (UWEC). In May 2005 a similar long-term gas sales agreement was signed with the Dubai Supply Authority (DUSUP).

Dolphin Energy signed a long term Gas Sales Agreement with Oman Oil Company (OOC) in September 2005, committing to supply an average of 200 million standard cubic feet per day of natural gas to Oman for 25 years from 2008.

The signature of the Gas Sales Agreement with Oman Oil Company completed Dolphin Energy’s line up of major contracts for long term gas supply.

Dolphin has been producing, processing and transporting natural gas through its Export Pipeline from Ras Laffan, Qatar to Taweelah in Abu Dhabi, UAE since July 2007. In February 2008 the company reached full throughput of 2 billion standard cubic feet per day and since October 2008, Dolphin has been supplying Oman with the contracted amount of 200 million standard cubic feet per day.

The Gas Sales Agreements signed with ADWEC (now owners of UWEC), DUSUP and OOC secure the supply and sales of the agreed quantities of Dolphin natural gas to these organizations for the next 25 years.

Dolphin Energy’s average daily contracted gas volumes are as follows.

Dolphin Customers	Average Volume
ADWEC (Abu Dhabi Water & Electricity Company)	929 million Scf/day
DUSUP (Dubai Supply Authority)	730 million Scf/day
OOC (Oman Oil Company)	200 million Scf/day
TOTAL	1.85 billion scf/day