Oman-LNG-Development-Foundation
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ESTABLISHMENT Touching Lives THE PLANT Touching Lives Overall capacity = 10 mtpa Shareholders : Shareholders: Government of Oman (51%) Government of Oman (46.84%) Shell Gas BV (30%) Oman LNG (36.8%) Total (Oman) S.A. (5.54%) Union Fenosa (7.36%) Korea LNG Limited (5%) Mitsubishi Corporation(3%) Mitsubishi Corporation (2.77%) Osaka Gas ( 3%) Mitsui & Co. LNG Investment Ltd (2.77%) Itochu (3%) Partex (Oman)4 Limited (2%) Itochu Corporation (0.92%) JOURNEY OF EXCELLENCE Touching Lives 2nd Largest contributor to Oman‘s GDP Strong safety performance Excellence in staff recruitment and development (Omanisation 88%) Committed to Women Empowerment Excelling in operational excellence Continued investment in Corporate Social Responsibility (4000+ projects) Building local capabilities, supporting SMEs, enhancing In-Country Value Scholarships to assist low-income and social security families Small scale investments delivering large social impacts and value * Data as per Annual Report 2016 OUR BUSINESS Touching Lives Liquefy Oman’s natural gas & Market to deliver Store LNG to customers CSR for the sake of our Community Transport and Nation SOCIAL PERFORMANCE Touching Lives Social Environment Social Impacts Business Environment Sur Society: + Positive (Footprint) Fishermen Revenues and Taxes (Plant, LNG Tankers, Employment Tribal Community SME/ICV Jetty, Logistics) Unemployment Shared infrastructure Main source of income (Govt.) Knowledge / Technical Transfer Engagement - Negative Exclusion Zone Resettlement Workforce Impacts Environment SIP – Now ODF SOCIAL INVESTMENT PROGRAMME (SIP) Touching Lives . Championing private sector contribution . 1.5% net income after tax . Corporate Responsibility & Citizenship . Contribute in society welfare . Proactive to community needs Beyond The Horizon – Managing The Next Frontier of Risk . License to Operate / Governance . The recent events in the region . Managing expectations . Visibility of our businesses . Interaction/Alignment with the Governments . Inclusion of all areas THE JOURNEY TO THE FOUNDATION Touching Lives Oman LNG has since A ministerial decree was issued In April, Deloitte was In the first quarter of the year, The Foundations’ inception placed approving the Establishment of the assigned to provide the CEO of the Foundation was Board of Directors significant emphasis on Foundation, while outlining and support on the process of appointed and BoD members (BoD) approved by contributing to the growth detailing the mandate and proposed establishing the nominated by OLNG BoD - the Cabinet of and development of the business activities of the Foundation with the pending approval from the Ministers. Omani Communities organisation. This license to operate objective to present the authorities. 1st ODF BoD held through its Corporate was the first of its kind to be issued proposal to the BoD of MSD approved the revised September 2016. Social Responsibility (CSR). to an Omani company. OLNG in June. Constitution. To showcase this Price Waterhouse Coopers In November, at the 72nd BoD unprecedented CSR (PwC) provided support to meeting, the project team efforts in the OLNG through undertaking presented to the Board the Sultanate of Oman a study for the set-up of a proposed governance and and to give it the well- Social Investment organisational structure, the deserved focus, Oman Foundation, which took proposed 2015 budget (US$ LNG Board of into consideration the 10,572M), and the formation of Directors (BoD) terms of reference and the Foundation following Petroleum decided to establish a mandate of the endorsement of the revised 1st July 2015 Economist Award separate legal organisation as defined in Constitution by the Ministry of Foundation. the Ministerial Decree. Social Development (MSD), DAY ONE for which the Board approved. Best CSR 2016 OUR BUSINESS MODEL Touching Lives SUSTAINABILITY SYNERGY Delivering value for Corporate Social Oman LNG & Responsibility Shareholders PERPETUITY PARTNERSHIPS Secure Centre the of Future Excellence CSR FUND STRUCTURE Touching Lives Community National Reserve Fund Fund Fund Focus on Human neighbouring Resources Sustaining CSR communities Development near Oman LNG’s plant National Projects Sponsorship and Donations AREAS OF EXCELLENCE Touching Lives Charities and CSR activities Culture and Heritage Health, Safety and Environment Youth Development and Sports Infrastructure Development Human Resources Development INVESTING TO IMPROVE LIVES Touching Lives 3250+ Omanis benefited from the Training for Employment Programs 33+ Omani Women Associations supported in different projects targeting empowerment 600+ Schools Sunshades, IT and other equipment – across Oman serving over half a million local students 205+ Classrooms and Workshops equipped with state-of-the-art technology tools and equipment 32+ Research Labs equipped with latest technology in colleges and universities 1200+ Traffic Safety Vehicle Driving Instructors Trained NATIONAL PROGRAMMES Touching Lives Reaching out across Oman Government plan / objectives National Calls for Action Supporting National Interests Sur Hospital US$ 53 Million (Health, Safety and Environment) Oman Sail School – Sur US$ 2 Million Turtle Reserve – Ras Al Jinz Sunaisilah Fort 26 Fully Equipped Ambulances US$ 2.6 Million US$ 0.6 Million US$ 2.6 Million GIFT TO THE NATION Touching Lives To commemorate the Sultanate’s 45th National Day, Oman LNG announced its funding for two monumental projects as ‘Gifts to the Nation’. National Centre for Autism Road Safety Institute = US$ 15 Million Oman LNG Development Foundation Oman Autism Association Royal Oman Police WOMEN EMPOWERMENT Touching Lives SCALE OF OUR INVESTMENTS Touching Lives Regions Covered by SIP: The Sultanate of Oman 11 Governorates/ 61 Wilayats So far our programs covered 94% AWARDS AND RECOGNITION Touching Lives Petroleum Economist Award 2016 Asia Best Corporate Responsibility Best Corporate Social Responsibility Al Roya’s Economic Award 2016 Practices Award 2016 Oman (CSR) Programme Best CSR Entity Asia Best Community Development Youth Day Award 2016 of the Year Award 2016 H.M. Sultan Qaboos Bin Said Al Said First prize Award for Best CSR Initiatives GCC Award on CSR Award for Voluntary Work Traffic Safety 2015 in Arab World (Social Development) THANK YOU.