Business Opportunities in Oil and Gas Sector in Brazil Joint ventures between Brazilian and Japanese companies. Tokyo, 16 th July 2008

Transcrição

1 Business Opportunities in Oil and Gas Sector in Brazil Joint ventures between Brazilian and Japanese companies Tokyo, 16 th July 2008

2 Agenda Main Program Indicator Actions Methodology Prominp Structure ENFORCEMENTS

3 US$ billions Petrobras Investments in Brazil Business Plan x Petrobras Investiments INVESTMENTS IN BRAZIL st quarter Source: Petrobras Actual Capex Annual Average - Business Plan Annual Average - Business Plan Annual Average Business Plan Annual Average - Business Plan Annual Average - Business Plan Annual Average - Business Actual Plan

4 US$ Billion Other Oil & Gas Operators Investments Other Operators Investment Plan INVESTMENTS IN BRAZIL Source: Brazilian Petroleum Institute - IBP Other Operators Other Operators Other Operators

5 Local Content Policy Enforcement Industria l Policy to maximiz e Local Content Regulatory Agency (ANP) Minimum Local Content requirement in 9 bidding rounds of exploratory blocks (since 1997) Financing Agent (Development Bank) Minimum Local Content requirement for financing concession G&S Demanding Companies (Operators) Minimum Local Content requirement at contracts for oil field development Enforcement actions

6 Agenda Main Program Indicator Actions Methodology PROMINP STRUCTURE ENFORCEMENTS

7 PROMINP s Objective Maximize goods and services national industry content, within competitive and sustainable basis, in the implantation of oil and gas projects in Brazil and abroad.

8 PROMINP Management Structure Steering Committee MME Minister MDIC Minister PETROBRAS President and Services Director ONIP CEO/President BNDES President IBP President Exploration & Production Oil, Natural Gas and Renewable Fuels Secretariat Executive Committee Executive Coordinator Sectorial Committee Maritime Transportation G&P and Pipelines Downstream Environment Thematic Committee P&G IND MME Oil, Natural Gas and Renewable Fuels Secretariat MDIC Development, Industry and International Trade Secretariat BNDES - Director PETROBRAS Engineering Executive Manager PROMINP Executive Coordinator ONIP Director IBP Director Associations President / Director (ABCE, ABDIB, ABEMI, ABIMAQ, ABINEE, ABITAM SINAVAL e CNI) PETROBRAS (E&P e REFINING) TRANSPETRO (MT) IBP (G&P and Pipelines) BNDES (P&G IND ) PETROBRAS ONIP IBP Industry Associations Others entities MME MMA PETROBRAS IBP IBAMA BNDES ONIP Industry Associations Others entities

9 Strategic Subjects CHALLENGE Maximize Local Content Strategic Subjects Industrial Policy Industry Performance Technological Industrial Capacity Financing Regulation Sustainability Competitiveness Professional Tax Policy Foster micro and small companies Safety, Environment and Health Prominp Projects Portfolio E&P MT Downstream GP&Pipelines O&G IND Environment

10 Agenda Main Program Indicator Actions METHODOLOGY PROMINP STRUCTURE ENFORCEMENTS

11 Projects Portfolio: Exploration & Production P-43 de Barracuda P-48 de Caratinga P-50 de Albacora Leste PPER-1 P-54 de Roncador P-52 de Roncador P-51 de Marlim Sul PRA-1 P-53 de Marlim Leste P-34 de Jubarte P-55 de Roncador P-56 de Marlim Sul P-57 de Jubarte UTGC - Módulo 1 P-47 de Marlim QAV Guamaré UTGN Fazenda Alegre Terminal Norte Capixaba UTGN Guamaré URGN Bahia Gasoduto Manati UTGN Estação de São PMNT-1 UTGC Fase II Golfinho Mexilhão UTGCA - Módulo 1 Cachalote / Baleia Franca Peroá Fase II Marlim Sul Módulo 4 Roncador Módulo 4 UPCGN III - TECAB UTGC - Módulo 2 UTGC - Módulo 3 UTG Sul UTGC - Módulo 4 Uruguá/Tambaú (BS500) UTGCA - Módulo 2 UTGCA - Módulo 3 Marlim Leste Jabuti Papa-Terra Módulo I Espadarte Módulo III (RJS-504) Papa-Terra Módulo II Badejo UEP Membro Siri Baleia Azul Bonito (UEP BO) US$ 54,6 Billions BP BP BP BP BP

12 Projects Portfolio: Refining & Petrochemical REDUC - HDT Nafta de Coque REFAP - URFCC REFAP - HDT Diesel 1 REFAP - Coque BP REDUC - Coque REVAP - Propeno REVAP - Coque REVAP - HDT de Nafta de Coque REVAP - HDT Diesel 1 BP REDUC - HDS de Gasolina REGAP - HDT de Nafta de Coque REGAP - Reforma REPAR - HDT de Nafta de Coque REPAR - Coque BP REPLAN - HDS de Gasolina 1 REPLAN - HDS de Gasolina 2 RPBC - HDT de Nafta de Coque RPBC - HDS de Gasolina REPAR - HDT DIESEL II BP REPAR - Propeno REFAP - HDS de Gasolina RLAM - HDT Diesel F-I RLAM - HDT Diesel F-II RPBC - Revamp URC BP REPLAN - Propeno REDUC - HDT Diesel REGAP - HDT de Diesel REFAP - HDT Diesel 2 REPAR - HCC REPLAN - HDT Diesel RPBC - HDT Diesel RECAP - HDT Diesel REGAP - Propeno RLAM - Reforma REVAP - HDS de Gasolina RECAP - HDS de Gasolina REGAP - HDS de Gasolina REGAP - Coque RLAM - HDS de Gasolina 3000 (ex-hds de Nafta Craqueada (U-39)) RLAM - HDS de Gasolina 5000 (ex HDS de Nafta Craqueada (U-6)) REPAR - HDT Diesel REPAR - HDS de Gasolina (Ex Nafta Craqueada) REPLAN - HDT Nafta Coque REDUC - HCC REPLAN - HCC REGAP - Cogeração ON SITE REGAP - PT-CCL + Off Site Carteira da Gasolina e Cogeração RLAM - Coque RLAM - HDT Nafta de Coque RLAM - Revamp Destilação REPAR - Reforma REVAP - Reforma REPLAN - Revamp Destilação REPLAN - Reforma RPBC - UGN RPBC - Reforma REMAN - HDT Diesel REMAN - HDS de Nafta LUBNOR - HDT Diesel REPAR - Revamp Destilação REFINARIA ABREU LIMA COMPERJ Petroquímica Suape Petroquímica Citepe US$ 31,4 Billions

13 Projects Portfolio: Gas, Power and Pipelines Gasoduto Campinas - Rio de Janeiro Gasoduto Catu - Carmópolis Gasoduto Carmópolis - Pilar Gasoduto Aratu - Camaçari Gasoduto GASFOR II Gasoduto Cacimbas - Vitória Gasoduto Coari - Manaus Gasoduto Urucu - Porto Velho Gasoduto Atalaia - Itaporanga Gasoduto Cabiúnas - Vitória - GASCAV Gasoduto GLP - Duto Urucu - Coari Gasoduto Cacimbas - Catu - GASCAC Gasoduto Caraguatatuba - Taubaté Estação de Compressão Catu - Gasoduto Catu-Carmópolis Estação de Compressão de Campos Elísios Estação de Compressão de Taubaté Estação de Compressão Coari - Malha Norte Usina Termelétrica de Açu - Termoaçu Usina Termelétrica de Cubatão Fechamento do ciclo da UTE Três Lagoas Gasoduto Nordestão II Gasoduto Itu - Gasan Gasoduto Araçatuba - Chapecó -Porto Alegre Gasoduto Uruguaiana - Porto Alegre Estação de Compressão REDUC - Gasoduto Campinas-Rio Usina Termelétrica de Manaus Fechamento do ciclo da UTE Canoas Fechamento do ciclo da UTE Ibirité - Fase III Gasoduto Paulínea - Jacutinga Gasoduto Gasbel II Gasoduto Pilar-Ipojuca Estação de Compressão Serra do Mel Gasoduto Japeri - REDUC Gasoduto OSDUC IV Gasoduto Cacimbas - Barra do Riacho Gasoduto Gaspal II Gasoduto GASDUC III Gasoduto OSVAP Gasoduto Replan - Santa Maria Estação de Compressão de TECAB Estação de Compressão de Silva Jardim Estação de Compressão de Aracruz Estação de Compressão de Guararema Estação de Compressão de Vale do Paraíba Estação de Compressão de Piúma Estação de Compressão Prado Biodisel Montes Claros Biodisel Candeias BIODIESEL QUIXADÁ Usina Termelétrica Termoceará Gasoduto Açu- Serra do Mel GNL - BAÍA DE GUANABARA - INFRA-ESTRUTURA GNL - PORTO DE PECÉM - INFRA-ESTRUTURA Biodisel Palmeira das Missões Gasoduto Gasan II ALCOOLDUTO REPLAN-GUARAREMA ALCOOLDUTO RIBEIRÂO PRETO-REPLAN Gasoduto Uberaba - Ribeirão Preto Estação de Compressão Juaruna - Malha Norte US$ 6,6 Billions BP BP BP BP BP

14 Projects Portfolio: Maritime Transportation Suezmax 1 Suezmax 2 Panamax 1 Panamax 2 Suezmax 3 Suezmax 4 GLP 1 GLP 2 GLP 3 Produtos Claros 1 Produtos Claros 2 Aframax 1 Aframax 2 Suezmax 5 Suezmax 6 Suezmax 7 Suezmax 8 Suezmax 9 Suezmax 10 Panamax 3 Panamax 4 Aframax 3 Aframax 4 Aframax 5 GLP 4 GLP 5 GLP 6 Produtos Claros 3 Produtos Claros 4 Produtos Claros 5 Produtos Claros 6 Produtos Claros 7 Produtos Claros 8 Produtos Claros 9 Produtos Claros 10 Produtos Claros 11 Produtos Claros 12 Produtos Claros 13 Produtos Claros 14 Produtos Claros 15 Produtos Claros 16 Produtos Claros 17 US$ 2,3 Billions BP BP BP BP BP

15 National Industry Diagnosis Methodology Critical Resources Demand Critical Resources Supply Critical Resources DESIGN Gaps Critical Resources DESIGN INVESTMENTS PORTFOLIO ( set of projects ) Critical Resources CONSTRUCTION & ASSEMBLY Gaps Critical Resources CONSTRUCTION & ASSEMBLY INDUSTRY CAPACITY Critical Resources MATERIALS & EQUIPMENT Gaps Critical Resources MATERIALS & EQUIPMENT

16 Agenda Main Program Indicator ACTIONS METHODOLOGY PROMINP STRUCTURE ENFORCEMENTS

17 Ongoing Actions Industrial Policy Industry Enterprise Performance Technological Industrial Capacity Financing Regulation Sustainability Sustainability Competitiveness Professional Tributary Policy Tributary Policy Foster Foster micro Small and and Medium small companies Enterprise Safety, Environment and Health Professional Plan

18 R ED U C - HD T N af ta d e C oq ue REDUC - Coque R ED U C - HD S d e Gasolina REDUC - HDT Diesel R ED U C - HC C R EGAP - HD T d e N af ta d e C oq ue R EGA P - HD S d e Gasolina R EGA P - Pro peno REGA P - HDT de Diesel REGA P - C oq ue R EGA P - Ref orma REFAP - UR FC C REFA P - C oq ue REFAP - HDT Diesel 1 R EFA P - HD S d e Gasolina REFA P - HDT Diesel 2 RLAM - HDS de Nafta Craqueada (U -39) R LAM - HD S d e N aft a Craq ueada (U-6 ) R LAM - HD T D iesel F-II R LAM - HDT Diesel F-I RLAM - Reforma RLAM - Revamp Destistilação R LAM - C oq ue RLAM - HDT Nafta de Coque R EPA R - Pro peno REPAR - Coque REPAR - HDT Diesel REPAR - HDT de Nafta de Coque R EPA R - HD S de Naf t a C raq uead a R EPA R - Ref orma REPAR - Revamp Destilação R EPA R - HC C R EV A P - Pro peno REV A P - HDT Diesel 2 REV AP - HDT Diesel 1 R EV A P - Ref orma REVA P - C oq ue R EV AP - HD T d e N af ta d e C oq ue R EV A P - HD S d e Gasolina R EPLA N - Pro peno REPLAN - Revamp Destilação REPLAN - Revamp - Unidade de Coque REPLA N - HDS de Gaso lina 1 REPLAN - HDS de Gasolina 2 REPLA N - HDT Nafta Coque R EPLA N - Ref orma REPLAN - HDT Diesel R EPLA N - HC C RPBC - HDT de Nafta de Coque RPB C - HD S d e Gasolina RPB C - Ref orma RPBC - HDT Diesel REC AP - HD T D iesel R EC A P - HD S d e Gasolina Gasoduto Gasbel Gasoduto Cabiúnas - Vitória - GA SCA V Gasoduto Cacimbas - Catu - GASCAC Gasoduto Cacimbas - Vitória Gasoduto A talaia - Itaporanga Gasoduto Carmópolis - Pilar Gasoduto Catu - Carmópolis Gasoduto A ratu - Camaçari Gasoduto GASFOR I Gasoduto Nordestão I Gasoduto Coari - Manaus Gasoduto GLP - Duto Urucu - Coari Gasoduto Campinas - Rio de Janeiro Gasoduto Caraguatatuba - Taubaté Gasoduto Uruguaiana - Porto A legre Gasoduto Paulínea - Jacutinga Gasoduto Urucu - Porto Velho Plano Diretor Dutoviário ECOMP Serra do Mel - Gasoduto GA SFOR I ECOMP Catu - Gasoduto Catu-Carmópolis ECOMP Juaruna - Malha Norte ECOMP Coari - Malha Norte ECOMP Cajual - Malha Norte ECOMP Cotia - Malha Norte ECOMP Codajás - Malha Norte ECOMP Caapiranga - Malha Norte ECOMP de Taubaté Cogeração de Fazenda A legre Usina Termelétrica de Cubatão Usina Termelétrica de Manaus Usina Termelétrica de A çu - Termoaçu Fechamento do ciclo da UTE Canoas Fechamento do ciclo da UTE Três Lagoas PMNT-1 UTGN Estação de São Gasoduto Manati URGN Bahia UTGN Guamaré QAV Guamaré Albacora Complementar Espadarte RJS-409 Cachalote Baleia Franca Golfinho Módulo I Golfinho Módulo II P-34 de Jubarte P-57 de Jubarte PPER-1 UTGN Cacimbas Peroá Fase II UTGN Fazenda Alegre Terminal Norte Capixaba (TNC) UTGN II P-50 de Albacora Leste P-43 de Barracuda P-48 de Caratinga Frade P-53 de Marlim Leste P-47 de Marlim P-51 de Marlim Sul P-56 de Marlim Sul Marlim Sul Módulo 4 Mexilhão UTGN Mexilhão PRA-1 P-52 de Roncador P-54 de Roncador P-55 de Roncador Roncador Módulo 4 Piranema SUEZMAX PANAMAX AFRAMAX GLP Produtos Claros Embarcações de Apoio Professional Plan Concepts DIAGNOSIS IMPLEMENTATION Projects Portfolio Demand by Region Regional Demand Demand RJ State 0 Professionals Categories Demand SP State Demand BA State Demand ES State Demand XX State MANAGEMENT COMMITTEE OF PQP

19 Professional Plan Needs PROFESSIONALS REQUIRED FOR O&G PORTFOLIO IMPLEMENTATION 175 PROFESSIONALS CATEGORIES Qualified professionals ENGINEERING % CIVIL CONSTRUCTION % CONSTRUCTION & ASSEMBLY % OPERATIONS MAINTENAINCE % HIGH SCHOOL TECHNICIAN 460 GRADUATE % 3 8% 26 43% BASIC % BASIC HIGH SCHOOL TECHNICIAN % 23% INSPECTORS % 5% BASIC % HIGH SCHOOL TECHNICIAN % 6 5% GRADUATE %

20 Professional Plan Public Selection 1 st CYCLE 2 nd CYCLE 3 rd CYCLE 4 th CYCLE 5 th CYCLE Actual date COURSES COURSES COURSES Selection COURSES Selection COURSES Sep.06 to Jun.07 Jul.07 to Mar.08 Apr.08 to Nov.08 Dec.08 to Jun people people people people Jul.09 to Dec people Budget People to be qualified Location PROFESSIONAL QUALIFICATION PLAN TARGETS IN 3 THREE YEARS US$ 150 millions professionals 17 States / 34 Cities Amount of Courses 953 Amount of Classes Educational institutions involved 71 Total people trained / in training (until jun/08)

21 Ongoing Actions Industrial Policy Industry Enterprise Performance Technological Industrial Capacity Financing Regulation Sustainability Sustainability Competitiveness Professional Tributary Policy Tributary Policy Foster Foster micro Small and and Medium small companies Enterprise Safety, Environment and Health Suppliers Development

22 Suppliers Development Objective Develop national suppliers, in a competitive and sustainable way, to produce equipments and materials that are not current produced in Brazil. Competitive Import Substitution Total Investment ( US$ millions ) projects projects US$ 27 millions 24 projects 10 projects E&P G&P and Pipelines REFINING Total

23 Ongoing Actions Industrial Policy Industry Enterprise Performance Technological Industrial Capacity Financing Regulation Sustainability Sustainability Competitiveness Professional Tributary Policy Tributary Policy Foster Foster micro Small and and Medium small companies Enterprise Safety, Environment and Health New Dry Dock Feasibility Study

24 New Dry Dock Feasibility Study Conceptual Basis Supply and Demand 26% 96% 108% 52% 59% 64% 66% 66% 66% 67% Média Anos Offshore construction, shipbuilding, conversions, repairs... Road and rail access, Local infra-structure and workforce, commercial route... Preliminary lay-out and industrial complex proportions Width 100 m; Length 470 m; Depth 12 m; Area 1MM m 2 Assembly yard, load-out and outfitting pier, shops and facilities Supply: the 9 main shipyards were taken into consideration Demand: Construction and docking of 223 ships Transpetro, PB and Syndarma until 2010 (based on the companies schedules). Overbook for ships heavier than DWT (Sermetal 2) 2005/2006 Budget and Business Case 4, ,963 4,783 12,553 27, ,972 Serviços Equipamentos Miscelânea C. Indiretos Contingência Total Preliminares e Instalações Budget based on experts information Facilities, Equipments and Services Revenue and Expenses Model (Semi, FPSO, Panamax, Aframax, Suezmax e Light Products). Schedules and erection in dock Transpetro e PB Investments US$ 165MM; Duration 18 months

25 Ongoing Actions Instrumentos de Política Industrial Industrial Policy Desempenho Industry Performance Empresarial Technological Financiamento Industrial Regulação Financing Regulation Sustainability Sustentabilidade Competitiveness Competitividade Professional Política Tributária Foster o à Pequena e Média Empresa Tax Policy Foster micro and small companies Safety, Environment SMS and Health Manual for Assessment of Local Content

26 P&G Industrial Policy Instruments Manual for Local Content Assessment This document consists on a manual with the definitions, methods and criteria for local content calculation of: goods, systems and services related to the oil and natural gas sector, whose concepts will be applied from 2005 considering the same base. Manual for Assessment Topics

27 Ongoing Actions Instrumentos de Política Industrial Industrial Policy Desempenho Industry Performance Empresarial Technological Financiamento Industrial Regulação Financing Regulation Sustainability Sustentabilidade Competitiveness Competitividade Professional Política Tributária Fostero à Pequena e Média Empresa Tax Policy Foster micro and small companies Safety, Environment SMS and Health Petrobras x Sebrae Frame Agreement

28 Inclusion of Micro and Small Companies Frame Agreement Petrobras x Sebrae Frame Agreement Financial Resources Participants Micro and small companies situation in Brazil: Petrobras 50% Sebrae 50% Micro e Small Companies 99% of formal enterprises 26% of salaries 57% of formal jobs Micro and small companies are agile, flexible and innovative National Frame Agreement (anchor) Business Rounds rounds US$ 71 MM (estimated) US$ 6,0 MM 98% Accomplished rounds US$ 277 MM (estimated) rounds US$ 502 MM (estimated) Companies Investments US$ 8,0 MM 2005 a rounds US$ 850 MM (estimated) Frame Agreement Extension 12 States 53 companies / institutions Pernambuco and Santa Catarina

29 Ongoing Actions Instrumentos de Política Industrial Desempenho Industrial Empresarial Policy Industry Performance Technological Financiamento Industrial Regulação Sustentabilidade Financing Competitividade Regulation Sustainability Competitiveness Professional Política Tributária Fostero à Pequena e Média Empresa Tributary SMS Policy Foster micro and small companies Safety, Environment and Health Competitiveness Study Industry of Oil and Gas market

30 Competitiveness Study of Goods and Services Supplier Industry of Oil and Gas market Competitiveness Study Competitiveness World Class Industrial Sectors 18 industrial sub-sectors 2 perspectives: Technical-Industrial Tax and labor legislation, financing and guarantees

31 Local Content Industrial Policy % Local Content 100 Goods & Services Supply Import Zone Import Supply (Impracticable National Supply) Supplier Development Overprice Zone (Foment actions) Comfort Zone ( Competitive supply zone growth ) Non-competitive supply Competitive supply With initiatives Foment Actions PROMINP Mission Current Supply Zone (Loss Zone) Competitive Supply 0 t 0 t 1 Time Infra-structure, Professional and Industry Competitiveness Improvement

32 National Competitive Supply of Goods & Services Adequacy of National Supplier Estate GOODS AND SERVICES SUPPLY ACTION ROUTES Import 5. Encourage the installation of foreign companies in Brazil Import Expansion of Capacity of National Supply of Goods and Services 4. Encourage association of domestic and foreign companies 3. Encourage the development of new national entrants 2. Developing the competitiveness of middle competitiveness sectors National Industry 1. Expand production capacity of high competitiveness sectors Current Demand Future Demand

33 National Competitive Supply of Goods & Services Adequacy of National Supplier Estate Current Performance Action Routes Actions Competitive Sectors Capacity Expansion Industrial infra-structure expansion Technology maintenance Medium Competitive Sectors National Suppliers Competitiveness Development Foreign Company Interaction Industrial infra-structure Implement / expansion Technology update Industrial infra-structure Implement / expansion Sectors without national production National Suppliers Competitiveness Development Encourage Foreign Companies to install in Brazil Import Industrial infra-structure Implement / expansion Technology update Industrial infra-structure Implement / expansion No action

34 National Industry Competitiveness Diagnosis General Competitiveness Roadmap Sources: UFRJ Economy Institute and Petrobras

35 National Industry Competitiveness Diagnosis High Level Competitiveness Sectors ACTIONS Expansion of Production Capacity Encourage domestic components production Sources: UFRJ Economy Institute and Petrobras

36 National Industry Competitiveness Diagnosis Medium Level Competitiveness Sectors ACTIONS Expansion of Production Capacity Technology update / Association with foreign companies Sources: UFRJ Economy Institute and Petrobras

37 National Industry Competitiveness Diagnosis Sectors With No Significant National Production ACTIONS Import / Encourage and attract foreign companies to establish in Brail Sources: UFRJ Economy Institute and Petrobras

38 Agenda MAIN PROGRAM INDICATOR ACTIONS METHODOLOGY PROMINP STRUCTURE ENFORCEMENTS

39 2,98 5,20 3,54 6,20 3,38 5,66 4,61 7,40 5,32 8,42 6,74 9,64 6,13 10,23 9,22 12,41 3,66 4,88 8,69 10,82 17,20 14,98 19,88 14,96 14,94 13,75 13,39 16,94 22,67 22,96 21,43 Performance Indicators st Quarter PROMINP 60,00 100% 50,00 40,00 30,00 57,03% 57,33% 62,24% 59,74% 69,98% 63,14% 74,34% 75,35% 74,88% 63,96% 65,99% 59,92% 65,06% 64,15% 63,87% 64,91% 80% 60% 40% 20,00 10,00 20% 0, % $ Target National $ Target Total Target LCI $ Accomplished Total $ Accomplished National Accomplished LCI (US$bi)

40 2,98 5,20 3,54 6,20 3,38 5,66 4,61 7,40 5,32 8,42 6,74 9,64 3,66 4,88 6,13 10,23 9,22 12,41 8,69 11,00 17,20 14,98 19,88 10,82 14,96 14,94 13,75 13,39 16,94 22,67 22,96 21,43 Performance Indicators st Quarter PROMINP 60, U$ Bi 100% 50,00 40,00 30,00 57,03% 57,33% 62,24% 59,74% 69,98% 63,14% 74,34% 75,35% 74,88% 63,96% 65,99% 59,92% 65,06% 64,15% Job Posts Created 63,87% 64,91% 80% 60% 40% 20,00 10,00 20% 0, % $ Target National $ Target Total Target LCI $ Accomplished Total $ Accomplished National Accomplished LCI (US$bi)

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