And I believe the first, I have to say, that the board insists once more that precedence is given to our capital investment program. The assault in Chattanooga, Tennessee that killed 4 United States Marines and one sailor on July 16, 2015 and the conclusion of U.S.-led nuclear negotiations over the Islamic Republic of Iran’s purported nuclear program two day previously saved each topics in the headlines. Then the dividend. The dividend commitment, 10% increase over three-year. Then the second query, we wished that – second proposal by the board has assigned to do is how will we share with our shareholders the profit from oil value upside. It’s a low-value method, however it’s the second largest market in Latin America, Betting Sites in Czech so it’s of interest. No scrip dilution is the second priority, Betting Sites in Solomon Islands and it’s impartial of this commitment of the oil price. The spread is at all times 1.5 runs, though, so it’s not essentially a 50/50 proposition. We provide forecasts for various markets and a variety of them are 1.50 Odds, 2.00 Odds, 3.00 Odds, Accumulators, Over 1.5 Goals, Over 2.5, Under 2.5, Under 3.5, Both Teams to score(BTTS), Double Chance, Draws, Half-time, full-time, handicap, Under 1.5 targets, and many others. You also talked about it’s commoditizing over time.
I spent a while throughout my roadshows in September to ask questions some of traders with a purpose to be in a position to frame one of the best reply how do we arrange the return to shareholders. Now we have two questions. Because we have now cash-accretive production progress. This progress is supposed to keep up, let be clear, to be good on what we control, to take care of our value self-discipline. Office 2003 Enterprise is a fantastic desktop suite, easily deserving of its Very good rating. We obtained some good feedbacks from our buyers. We determined on the board level to offer you visibility to traders and to announce that we are dedicated to increase by 10% over the subsequent three years this dividend from €2.Forty eight per share in 2017 for the total year 2017 to €2.72 per share by 2020. So first interim dividend for Betting Sites in Iraq 2018 might be elevated by 3.2% from €0.62 per share to €0.Sixty four per share. Polymer markets is growing by 3% to 4% per 12 months. And you know the polymer worth is linked to oil value, however there may be one other approach to provide polymer, which is from gasoline. And when you manage to have entry to low cost gas feedstock, ethane or LPGs, then you’ll have a profitable mission.
We are working collectively, nicely aligned, to be able, we hope, to announce a project in Saudi Arabia in the approaching months; and to gain, to have access to the feedstock that we have to develop this giant platform. Iran’s diplomatic spokesperson remarked that “Saudi Arabia is a crucial country within the region. Growing anti-Iran animus in both Washington and Riyadh is happening in opposition to the backdrop of the Islamic State’s decline, which has given rise to rising elevated competition throughout the region within the ensuing vacuum. Also, there is an opportunity to put a parlay bet. We determined to decrease the target to gearing underneath 20%, because one of the lesson over the last three years, and Patrick simply informed you, what was one in all the main challenge we needed to get there by finish of 2014 is what, in face of the volatility of the market, sustaining a low gearing is a part of the business mannequin of a commodity company like Total. So this is essential in the business case of Total. I’ll simply bounce to the half the place I decided on theStormcase 2750 because the case for me. And this is a pleasant interway to introduce the final part, but in fact, I’m more comfortable to return again right now with this half because in any other case I may have plenty of questions, however in fact, I hope that you will see some answers on this half. So this leads to my final slide, which is, I might say, a summarize – an excellent summarize of all our message right now.
Simply browse our opinions and discover a site that suits you, or click on one of many bookmakers who have earned an excellent evaluation and merely began wagering without delay. Hi. Good afternoon, everyone. So this yr, we now have added a brand new cracker in the U.S. And 12 months after 12 months, Marketing & Services is adding $a hundred million per yr of further money movement; 2.2, I think, in 2017. Momar is somewhat upfront on this program, but this is a brand new base, so it’s 2.5 when in 2020. So 2020, by means of these seven segments, I just described to you $24 billion, while you make the maths, $23 billion, $24 billion as a result of there may be double accounting someplace, of cash move from operation by 2020. It’s more across the $22 billion, $31 billion from this 12 months. It’s a matter of confidence of the board. I can just tell you, however – and it’s also a matter to pilot it. These acquisition we’ve carried out in 2017, Ichthys, Egina and Kaombo, the three huge begin-ups of 2018. It’s a matter of $2.5 billion of extra money stream. And extra – I believe this slide is basic, because in fact, the dialogue of the board was organized about – around this slide, which is, let’s outline our clear priorities in terms of money flow allocations for the coming years. We work according to some calendar, which is let’s build the arrogance.
And last however not least, on visibility and the boldness of the board is balance sheet. Another point which is important is however, when we look to this integrated LNG business, it’s represent $3 billion per year of money circulate from operation by 2020. And we’ve got decided, by – after the closing of ENGIE and actually beginning of January 2019, we’ll report differently our results by like some of our peers or one of our peer no less than, which is to combine built-in Gas, Renewables & Power as a result of this is where we – as we’ve seen the technique, we have now all these new technique put in place. Like Patrick advised you, it’s a matter of $13 billion, $15 billion of natural CapEx and $2 billion internet acquisition, $1 billion for E&P and the others for Downstream and new Gas, Renewables & Power. It was $2.5 billion, the sensitivity we gave you last year for 2017. It’s $2.Eight billion we give you at the moment for 2018. And next yr will be $3.Three billion. And I think what we current to you immediately has been – is a results of this process. So we set the objective, however that we have now flexibility, as a result of even if I add on 12% to 2% of Petrobras and Maersk, I feel we’d be at 15%. So this give us this confidence and visibility.
And the delivery of 2017, in particular the capability to capture the leverage in the oil value, the capability for the third yr in a row to deliver the production progress has constructed a robust confidence within the board. As you might need been conscious, we’ve partnered this 12 months with Statoil and Shell in Norway in a really large venture that may retailer CO2 within the North Sea. I will add that in the portfolio of ENGIE there was one other asset of curiosity for us, which was Cameron LNG place, because with combining that with the Barnett shale gasoline manufacturing that we took one 12 months earlier than – in reality, immediately we have a manufacturing which is integrated between Barnett – economically built-in between the Barnett to home gasoline, which in reality grow to be an export gasoline, thanks to this Cameron LNG place. We are a robust believer that at the end we have now – we’ll stay low for long, considering all the scale of useful resource and the shale oil productions, which even carry more gasoline into the markets. We put together the longer term by upgrading the portfolio, launching profitable tasks, by strengthening the integrated fuel and low carbon enterprise, to arrange the longer term by rising our petrochemicals, retail and lubricants, which is, in fact, part of the great thing about the integrated business mannequin, which demonstrated power through the final three years. And the final half where we invest is on Marketing & Services enterprise, which is a noncyclical business, so we like that.
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