Q1 2014 presentation

Operating revenues for Q1 2014 amounted to USD 237.3 million, compared to USD 260.6 million in Q4 2013. Operating expenses amounted to USD 125.0 million, compared to USD 156.8 million in the previous quarter. The decrease in operating revenues and operating costs for the quarter mainly represent gross effects from reimbursable elements on the Papa Terra project in previous quarter.