Gas Marketing Overview

ExxonMobil's gas marketing company has been established with a global focus and clear mandate to add value from the gas source through to the customer. The objectives are:

• Maximize value of existing flowing natural gas, liquefied natural gas, natural gas liquids (NGL), and helium businesses

• Capture profitable outlets for uncommitted gas resources

• Manage natural gas and NGL assets for maximum profitability

• Capture the benefits of emerging proprietary gas commercialization technologies

POSITIVE INDUSTRY FUNDAMENTALS

Natural gas currently meets more than 20 percent of the world's energy needs and is expected to be the fastest-growing source of fuel well into the new century. North America, Europe, and the former Soviet Union are currently the world's largest natural gas markets. These markets are forecast to average 2 to 3 percent annual growth over the next 10 years. In Asia-Pacific and South America, markets are forecast to average 4 to 6 percent annual growth in the next decade.

LEADING MARKETER OF NATURAL GAS

With 17 billion cubic feet per day of sales, ExxonMobil is the world's largest nongovernment marketer of natural gas. The company has sales in over 25 countries covering both pipeline and LNG. High-quality professionals provide the depth of expertise and diversity of experience required by the scope of geography and business activity.

On a net basis, ExxonMobil has access to a broad portfolio of both mature gas fields and new gas developments totaling 57 trillion cubic feet of proved gas reserves, and more than 180 trillion cubic feet of discovered resources, providing a solid base for future profitable growth. The company's proprietary LNG, gas-to-liquids, gas pipeline, and power generation technologies, coupled with gas marketing expertise, are key to commercializing large remote gas resources in many areas around the world.

ExxonMobil's gas marketing size, scope, depth of expertise, and ability to provide integrated wellhead-to-customer solutions provide a sustainable competitive advantage to achieve continued profitable growth.