Mr. Zahid Muzaffar is Non-Executive Independent Chairman of the Board of the Company. Mr. Zahid Muzaffar has over 36 years of diversified experience in energy sector, in both upstream and downstream oil and gas operations, including transportation of gas via terrestrial pipelines as well as liquefied natural gas (“LNG”). Mr. Muzaffar has developed successful working relationships with investors, business professionals, financiers and government officials internationally, particularly those resident in the Far East, South Asia, the Middle East and North Africa. He has been involved in securing valuable deal flows and business opportunities for leading international companies. Mr. Muzaffar has served on the Board of Directors of London and Scottish Marine Oil plc in Pakistan and many other international E&P and refining companies. He headed the acquisition of the largest oil refining company in the Mediterranean (RA’s LANUF Refinery Libya). Mr. Muzaffar was appointed as a board member of the new entity LIBYAN EMIRATES oil Refinery Company (LERCO) as well as various initiatives on behalf of Middle Eastern groups in connection with the privatization of assets in different countries in the energy sector. He was also responsible for setting up a joint venture consortium for Spanish and Turkish oil and gas companies for a cross-country gas pipeline and LNG terminal in Turkey. Mr. Muzaffar holds a Bachelor of Economics from the University of the Punjab, Pakistan and has attended various management courses at the College of Petroleum Studies and St. Catherine’s College, Oxford, U.K., and the Edwin H. Cox School of Business at Southern Methodist University, Dallas Texas, U.S.A., WENTWORTH Consultants, HUDDERSFIELD UK.

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