Our successful positioning in the Downstream oil sector over recent years is thanks to technological innovation, which has enabled us to relaunch structurally weak production sites, reducing exposure to volatile oil costs. The Ruwais complex is fourth in the world in terms of production capacity and guarantees a high level of conversion. The refinery gives us access to one of the leading market opportunities for expansion in terms of efficiency and profitability. The acquisition of Ruwais is also part of our strategy to geographically diversify our overall portfolio and make it increasingly balanced across the value chain. It enables us, for example, to increase our refining capacity by around 35 per cent and significantly improve our forward-looking profitability. This, in turn, means that from 2020 we can reduce the breakeven margin from $3 per barrel to $2.7 per barrel, and down to $1.5 per barrel on completion of the refinery upgrade, bringing the conversion capacity to around 1.1 million barrels per day by 2023.