Message from Chiyoda Corporation

Chiyoda, Responding to New Challenges as a Pioneer We are responding to the changing global trends in Gas Value Chain by proposing optimal solutions.

ince our establishment in 1948, we have consistently endeavoured to contribute to global society atural Gas has become an increasingly important energy source over recent years. S based on our corporate philosophy “Energy and Environment in Harmony” whilst maximizing N Energy companies are creating new business opportunities by exploiting unconventional returns on investments for our clients. As a world leading engineering company, we have an sources of gas such as Shale Gas and Coal Bed Methane (CBM). impressive track record with projects being undertaken in more than 40 countries. The majority of We are responding to these global trends by proposing optimal solutions such as the construction of our work has been focused on the energy sector and in particular to the construction of petroleum these small to mid-sized LNG plants which yield superior cost performance and offer a fast delivery with and natural gas plants. modular construction, while continuing to construct conventional LNG plants. We are also ready to provide our services to meetemerging needs in innovative concepts and execution in the harsh, Arctic environment. Chiyoda's strength and expertise lie in its ability See Page 17 and 18 to provide tailor-made responses to client needs.

e offer outstanding services which encompass master planning, engineering, procurement, hiyoda’s strength and expertise lies in its ability to provide the best responses to client needs, W construction, commissioning and maintenance. C and our total willingness, as an innovator, to undertake new challenges in the LNG segment. I believe our great strength lies in the development of natural gas and, in particular, liquefied natural gas (LNG). We will continue to build on these strengths as we pursue our goal of creating a sustainable future Since completing our first LNG plant in the UAE in 1976, we have consistently satisfied client requirements for us all. See Page 16 with our state-of-the-art technical ability and unrivaled expertise in the construction of LNG plants. We have successfully completed a number of highly complex projects in recent years, including 6 trains of the world’s largest LNG plant in Qatar. See Page 9,10 and 13 We place top priority on safety, targeting zero accidents and injuries. We pride ourselves on our excellent safety record. See Page 6

Courtesy of Qatargas Operating Company Limited Courtesy of Sakhalin Energy Investment Company Courtesy of ExxonMobil PNG Limited Courtesy of JSC Yamal LNG

The World's Largest LNG Trains in Qatar Execution in the harsh environment in Sakhalin Island PNG LNG Project, Papua New Guinea Yamal LNG Project, Russia

1 2 Major Achievement Figure

Chiyoda’s LNG Experience (Chronological) Chiyoda’s LNG Experience (Geographical)

Mozambique FLNG Qatargas 2 Train 4&5 LNG Project Eni East Africa S.p.A. Qatargas 2 Ras Laffan, Qatar Cabo Delgado,Mozambique FEED/PS 7.8mtpa x 2 2004 FEED/PS 2.5 mtpa 2015 NLNGSevenPlus Project Mozambique LNG Project Ras Laffan, Qatar Yamal Peninsula, Qalhat, Oman Nigeria LNG Bonny Island, Nigeria Anadarko Mozambique Area 1, Limitada, Russia 8.5mtpa x 2 2006 Cabo Delgado, Mozambique ■ RasGas LNG Plant Project Train 1&2 ■ Oman LNG 3rd Train Expansion Project 6.0mtpa x 4 2015 RasGas 1995 Shell Global Solutions International B.V. 2001 Tangguh LNG Project North Field Expansion Project ■ Yamal LNG Project ■ RasGas LNG Expansion Project Train 3&4 Oman LNG 3rd Train Expansion Project (PS Update) PERTAMINA Tangguh, Indonesia Browse LNG Development Qatar Petroleum Yamal LNG 2013 ■ RasGas 2000 Shell Global Solutions International B.V. 2002 3.5mtpa x 2 2001 Woodside Ras Laffan, Qatar Kitimat, British Columbia, James Price Point, Australia Qatargas 2 Train 4&5LNG Project 7.8mtpa x 4 2018 ■ Canada Egypt LNG Project 4.0 mtpa x 3 2012 Qatargas 2 2004 Union Fenosa Damietta, Egypt Sakhalin Island, Russia Arrow Energy LNG Project Train 1&2 ■ RasGas LNG Expansion Project Train 5 5.0mtpa x 2 2001 ■ LNG Canada Project Shell Global Solutions International B.V. RasGas 2004 Sakhalin LNG Project Train 1&2 Gladstone, Australia ■ LNG Canada Development Inc. RasGas LNG Expansion Project Train 6&7 Trinidad LNG Plant Project RasGas LNG Expansion Project Train 5 4.0 mtpa x 2 2012 ■ Shell Global Solutions International B.V. 2001 (non-disclose) Atlantic LNG La Brea, Trinidad & Tobago RasGas Ras Laffan Qatar RasGas 2004 Sakhalin LNG Project Train 3 Petronas LNG Train 9 Project Das Island, U.A.E. ■ 3.0mtpa 1995 4.7mtpa 2004 Qatargas 3 Train 6&7LNG Project Petronas LNG 9 Sdn. Bhd Sarawak, Malaysia ■ Shell Global Solutions International B.V. 2016 Qatar Petroleum & Conocophillips Qatar Ltd. 2005 ■ ADGAS LNG Project Train 1&2 Nigeria LNG Project (PS Rewrite) RasGas LNG Expansion Project Train 6&7 3.6 mtpa 2013 ■ North Field Expansion Project ADGAS 1972 Sabine Pass, Texas, Nigeria LNG Bonny Island, Nigeria RasGas Ras Laffan Qatar Yamal LNG Project NLNG Train7 Project Qatar Petroleum 2018 2.65mtpa 1994 7.8mtpa x 2 2004 Yamal LNG Yamal Peninsula, Russia Nigeria LNG Limited ■ ADGAS LNG Plant Expansion U.S.A. 5.5mtpa x 3 2013 Bonny Island, Nigeria Project Train 3 ADGAS LNG Plant Expansion Project Train 3 Oman LNG 3rd Train Expansion Project (PS Update) 4.0mtpa+4.0mtpa 2018 ADGAS 1991 ■ Golden Pass LNG ADGAS Das Island, U.A.E. Shell Global Solutions International B.V. Qalhat, Oman LNG Canada Project Export Project 2.5mtpa 1991 3.3mtpa 2002 LNG Canada Development Inc. Golden Pass Products, LLC Kitimat, British Columbia, Canada (non-disclose) RasGas LNG Expansion Project Train 3&4 6.0mtpa x 2 (+2(option)) (non-disclosure) RasGas Ras Laffan, Qatar Golden Pass LNG Export Project Damietta, Egypt Masela, Indonesia Tangguh, Indonesia 4.4mtpa x 2 2000 Golden Pass Products, LLC Abadi Floating LNG Project Tangguh LNG Project Qatargas 3 Train 6&7 LNG Project Sabine Pass, Texas, U.S.A. ■ Egypt LNG Project ■ ■ Port Moresby, Papua New Guinea Qatar Petroleum & Conocophillips Qatar Ltd. 5.2mtpa x 3 (non-disclosure) Union Fenosa 2001 INPEX Masela 2014 PERTAMINA 2001 Ras Laffan, Qatar Tangguh Expansion Project Scarborough FLNG ■ ■ PNG LNG (APCI) Project 7.8mtpa x 2 2005 BP Berau Ltd 2016 Esso AustraliaScarborough, Australia Sarawak, Malaysia ExxonMobil 2009 RasGas LNG Plant Project Train 1&2 PNG LNG (APCI) Project 7.0 mtpa 2015 RasGas Ras Laffan, Qatar ExxonMobil ■Petronas LNG Train 9 Project La Brea, Trinidad & Tobago Port Moresby, Papua New Guinea Bonny Island, Nigeria 2.5mtpa x 2 1995 Sakhalin LNG Project Train 3 Petronas LNG 9 Sdn. Bhd 2013 Gladstone, Australia 3.15mtpa x 2 2009 Shell Global Solutions International B.V. ■ Nigeria LNG Project (PS Rewrite) ■ Trinidad LNG Plant Project Sakhalin Island, Russia Bontang LNG Train-I Project Petrobras FLNG Project Nigeria LNG 1994 ■ Arrow Energy LNG Project Train 1&2 Atlantic LNG 1995 PERTAMINA Bontang, Indonesia Petrobras 4.8mtpa x 1 2016 ■ NLNGSevenPlus Project Shell Global Solutions International B.V. 2012 2.95mtpa 2001 Pre-Salt Cluster, Santos Basin, Scarborough, Australia Offshore Brazil Tangguh Expansion Project Nigeria LNG Limited 2006,2018 Oman LNG 3rd Train Expansion Project Darwin, Australia 2.7mtpa 2010 BP Berau Ltd. Tangguh, Indonesia ■ Scarborough FLNG Shell Global Solutions International B.V. 3.8mtpa 2016 Qalhat, Oman Cabo Delgado, Mozambique Esso Australia 2015 ■ Ichthys Gas Field Development Onshore Facilities 3.3mtpa 2001 Ichthys Gas Field Development Onshore Facilities INPEX Browse Ltd 2011 INPEX Browse Ltd Darwin, Australia ■ Mozambique LNG Project Pre-Salt Cluster, Santos Basin, ADGAS LNG Project Train 1&2 Sakhalin LNG Project Train 1&2 4.2mtpa x 2 2011 Anadarko Mozambique Area 1, Offshore Brazil ADGAS Das Island, U.A.E. Shell Global Solutions International B.V. Limitada 2015 Bontang, Indonesia James Price Point, Australia Sakhalin Island, Russia Abadi Floating LNG Project 1.1mtpa x 2 1972 Mozambique FLNG Project Petrobras FLNG Project 4.8mtpa x 2 2001 INPEX Masela Masela, Indonesia ■ ■ Bontang LNG Train-I Project ■ Browse LNG Development Facilities ■ 2.5mtpa 2014 Eni East Africa S.p.A. 2015 PERTAMINA 2001 Woodside 2012 Petrobras 2010 1972 1980 1985 1990 1995 2000 2005 2010 2015 2020

Ras Laffan, Qatar Sakhalin Island, Russia ADGAS LNG Project Train 1&2 Qatargas LNG Project Train 1&2 Qalhat LNG Project ADGAS Das Island, U.A.E. Qatargas Ras Laffan, Qatar Qalhat LNG Qalhat, Oman ■ Qatargas LNG Project Train 1&2 ■ RasGas 3 LNG Project Train 6 ■ Sakhalin LNG Project Train 1&2 1.1mtpa x 2 1976 2.0mtpa x 2 1996 3.3mtpa 2005 Qatargas 1996 RasGas 3 2009 Sakhalin Energy 2008 ■ Qatargas LNG Project Train 3 ■ RasGas 3 LNG Project Train 7 Arun LNG Project Train 4&5 Qatargas LNG Project Train 3 Sakhalin LNG Project Train 1&2 Yamal LNG Project Qatargas Ras Laffan, Qatar Qatargas 1998 RasGas 3 2009 PERTAMINA Arun, Indonesia Sakhalin Energy Sakhalin Island, Russia Yamal LNG, JSC Yamal Peninsula, Russia ■ Qatargas Debottlenecking Project ■ Qatargas 3 LNG Project Train 6 1.75mtpa x 2 1983 2.0mtpa 1998 4.8mtpa x 2 2008 5.5mtpa x 3 (Nameplate) Qatargas 2003, 2004, 2005 Qatargas 3 2010 Oman LNG Project Train 1&2 ■ RasGas LNG Onshore Expansion Project Train 3 ■ Qatargas 4 LNG Project Train 7 Freeport, Texas, U.S.A. Oman LNG Qalhat, Oman GNL-3Z Project Area1, Mozambique LNG Project RasGas II 2003 Qatargas 4 2010 3.3mtpa x 2 2000 Sonatrach Arzew, Algeria Anadarko Mozambique Area1. Ltda. ■ RasGas LNG Onshore Expansion Project Train 4 ■ Freeport LNG Export Project 4.7mtpa 2015 Cabo Delgado, Mozambique RasGas LNG Onshore Expansion Project Train 3 RasGas II 2005 FLNG Liquefaction, LLC (2020) 6.44mtpa x 2 (Ongoing) RasGas II Ras Laffan, Qatar ■ RasGas LNG Onshore Expansion Project Train 5 Yamal Peninsula, Russia 4.7mtpa 2003 PNG LNG Project RasGas II 2006 Sabine Pass, Texas, U.S.A. ExxonMobil PNG Limited Port Moresby, ■ Qatargas 2 LNG Project Train 4 ■ Yamal LNG Project ADGAS LNG Plant Expansion Project Train 3 RasGas LNG Onshore Expansion Project Train 4 Papua New Guinea Qatargas 2 2008 Yamal LNG, JSC (1st Train: 2017, 2nd Train: 2018, 3rd Train: 2019) ADGAS Das Island, U.A.E. ■ Golden Pass LNG Export Project RasGas II Ras Laffan, Qatar 3.45mtpa x 2 2014 Qatargas 2 LNG Project Train 5 2.5mtpa 1994 ■ Golden Pass Products LLC (Ongoing) 4.7mtpa 2005 Qatargas 2 2009 Das Island, U.A.E. Qatargas Debottlenecking Project Ichthys LNG Project Bontang LNG Project Train E Qatargas Ras Laffan, Qatar Ichthys LNG Pty Ltd ■ ADGAS LNG Project Train 1&2 PERTAMINA Bontang, Indonesia 1.0mtpa x 3 2003, 2004, 2005 Darwin, Australia ADGAS 1976 2.3mtpa 1989 4.2mtpa x 2 (Ongoing) ■ ADGAS LNG Plant Expansion Project Train 3 RasGas LNG Onshore Expansion Project Train 5 ADGAS 1994 Tangguh LNG Project Bontang LNG Project Train F RasGas II Ras Laffan, Qatar Train 3 PERTAMINA Bontang, Indonesia 4.7mtpa 2006 BP Berau Ltd. Hackberry, Louisiana, U.S.A. 2.3mtpa 1993 Qatargas 2 LNG Project Train 4 Western Papua, Indonesia Qalhat, Oman Cameron Liquefaction Project Qatargas 2 Ras Laffan, Qatar 3.8mtpa (2021) ■ Bontang LNG Project Train G 7.8mtpa 2008 ■ Oman LNG Project Train 1&2 Cameron LNG, LLC (2020) PERTAMINA Bontang, Indonesia Freeport LNG Export Project Oman LNG 2000 2.3mtpa 1997 Qatargas 2 LNG Project Train 5 FLNG Liquefaction, LLC Qalhat LNG Project Qatargas 2 Ras Laffan, Qatar Freeport, Texas, U.S.A. ■ 7.8mtpa 2009 4.64mtpa x 2 (2019) Qalhat LNG 2005 Western Papua, RasGas 3 LNG Project Train 6 4.64mtpa x 1 (2020) Indonesia RasGas 3 Ras Laffan, Qatar Cameron Liquefaction Project Cabo Delgado, Mozambique 7.8mtpa 2009 Cameron LNG, LLC ■ Tangguh LNG Project Train 3 BP Berau Ltd. (2021) Bontang, Indonesia RasGas 3 LNG Project Train 7 Hackberry, Louisiana, U.S.A. ■ Area1, Mozambique LNG Project app. 4.5mtpa x 3 (Nameplate) RasGas 3 Ras Laffan, Qatar 6.44mtpa x 2, (Ongoing) ■ Bontang LNG Project Train E (2020) 7.8mtpa 2009 Port Moresby, PERTAMINA 1989 Bontang LNG Project Train F Qatargas 3 LNG Project Train 6 ■ Arzew, Algeria Arun, Indonesia Darwin, Australia Papua New Guinea PERTAMINA 1993 Qatargas 3 Ras Laffan, Qatar Golden Pass LNG Export Project Golden Pass Products LLC ■ Bontang LNG Project Train G 7.8mtpa 2010 ■ GNL-3Z Project ■ Arun LNG Project Train 4&5 ■ Ichthys LNG Project ■ PNG LNG Project Sabine Pass, Texas, USA PERTAMINA 1997 Qatargas 4 LNG Project Train 7 5.2mtps x 3 (Ongoing) Sonatrach 2015 PERTAMINA 1983 Ichthys LNG Pty Ltd (Ongoing) ExxonMobil PNG Limited 2014 Qatargas 4 Ras Laffan, Qatar EPC 7.8mtpa 2010 EPC

3 4 Major Achievement Figure Chiyoda’s Experience in Various LNG Projects and Safety Records Experience in Various LNG Projects

(unit: mtpa per train) Qatargas2 LNG Project Qatargas2 LNG Train 4 7.8 Train 4&5 7.8 x 2 (Front) FEED/PS Qatargas LNG 9 Train 1&2&3 3.3 x 3 (Back) EPC 8.5 x 2

Oman LNG Project 8 Train 1&2 3.3 x 2 7.8 x 6 7.8 x 6 7.8 x 4

7 6.44 x 2 Arun LNG Project 6.0 x 2 1.75 6 ADGAS LNG Expansion Project Sakhalin LNG Project Train 3 2.5 Train 1&2 4.8 x 2 5.5 x 3 5.0 x 2 5.0 x 4 5.2 x 3 5.5 x 3 5.2 x 3 5 4.7 4.7 4.7 4.7 4.8 x 2 4.64 x 3 4.8 x 2 4.2 x 2 4.7 4.4 x 2 4.0 x 2 4.5 x 3 ADGAS LNG Project 4.2 x 2 4 Train 1&2 1.1 x 2 4.0 x 2 3.5 x 2 4.0 x 3 3.8 3.8 3.3 3.45 x 2 3.6 3.3 3.3 PNG LNG Project 3.0 3.3 x 2 3.3 3.15 x 2 3 Train 1&2 3.45 x 2 2.65 3.0 3.0＊＊ 3.0＊ 2.5 2.95 2.7 2.5 2.3 2.3 2.3 2.5 2.5 x 2 2 1.75 x 2 2.0 x 2 2.0

1.1 x 2 1.1 x 2 1

＊Debottlenecking by 1.0mtpa x 3 Project Summary

1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020

Safety Records in Plant Construction (in Man-Hours without Lost Time Incident) As of 05 July, 2019

Project (Man-hours) 2019 Tangguh 26,439,523 man-hours

2019 Cameron LNG 69,674,379 man-hours

2017 Ichthys Onshore LNG 29,000,000 man-hours

2016 Yamal LNG (BOMESC Yard) 12,900,000 man-hours

2015 Laffan Refinery Phase 2 20,200,000 man-hours

2014 PNG LNG 65,510,000 man-hours 2014 Tokuyama Malaysia Polycrystalline Silicon Phase-2 21,420,000 man-hours

2014 Tokuyama Malaysia Polycrystalline Silicon 19,520,000 man-hours

2013 Jubail Export Refinery, Package #4 28,880,000 man-hours

2013 Taganito HPAL 20,240,000 man-hours

2009 Qatargas 3&4 LNG 29,200,000 man-hours

2008 RasGas Onshore Expansion Phase2 (Train 6 & 7) ★ 28,550,000 man-hours LNG 2007 Qatargas 2 LNG Development 24,240,000 man-hours Other than LNG ★ ：Safety record for AKG-2 is included. 2007 Sakhalin LNG Train 1&2 20,000,000 man-hours

0 10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000

5 6 Project Summary

Middle East Ras Laffan, Qatar Ras Laffan, Qatar Middle East

Qatargas Qatargas 2

Chiyoda completed the first “grassroot” After completion of FEED work, IRAQ IRAN IRAQ IRAN Client : LNG plant in the State of Qatar, the Chiyoda with its JV partner Technip was Client : KUWAIT KUWAIT Qatar Liquefied Gas Company Limited Qatargas LNG Plant at Ras Laffan in Kuwait awarded the Engineering, Procurement Kuwait Qatar Liquefied Gas Company Limited (2) 1996, ushering the country into a new and Construction (EPC) contract for two Year of Completion : era as an LNG exporter. During the EPC LNG trains with the world’s largest Year of Completion : 1st,2nd&3rd LNG Train Debottlenecking BAHRAIN BAHRAIN 4th LNG Train EPC 2008 bidding stage in 1992/1993, Chiyoda Al Manamah capacity by Qatargas 2 in December Al Manamah 2003, 2004, 2005 Ras Laffan Ras Laffan 5th LNG Train EPC 2009 carried out an independent FEED work QATAR 2004. The two trains, each with QATAR 3rd LNG Train 1998 Doha Doha 4th & 5th LNG Trains FEED 2004 for an Acid-Gas-Removal unit using the Riyadh 7,800,000 T/Y LNG production capacity, Riyadh 2nd LNG Train 1996 Abu Dhabi Abu Dhabi Shell Sulfinol process and for a UNITED ARAB were completed from 2008 to 2009 UNITED ARAB 1st LNG Train 1996 SAUDI EMIRATES SAUDI EMIRATES Annual Production Capacity : Sulfur-Recovery unit using the ARABIA and began delivering LNG cargos to the ARABIA 7,800,000 tons of LNG x 2 Trains Annual Production Capacity : Comprimo Superclaus process, for both market. 6,000,000 tons of LNG of which Chiyoda is an authorized licensor. The results were accepted by Qatargas Natural-Gas Liquefaction : 9,000,000 tons of LNG as a better solution in terms of cost effectiveness and usability than the specified The award of the Qatargas 2 Train 4 & 5 established significant new benchmarks APCI AP – X process (after debottlenecking ) processes. for LNG train capacity, project schedule and cost effective monetization of Qatar’s estimated massive 900 TCF gas resources. Chiyoda has been at the forefront of this Natural-Gas Liquefaction : The EPC contract for two LNG trains with 2,000,000 T/Y of capacity each was relentless drive for innovative plant design and world class project execution, having APCI C3-MR process awarded to Chiyoda in May 1993, with an option for the third 2,000,000 T/Y train. been involved in every part of the gas value chain from the inception of the LNG Ready For Start-Up (RFSU) of the first train was achieved in September 1996, and industry. that of the second train in February 1997, both a month ahead of schedule with remarkable safety records. The third train was completed in March 1998, 8 months ahead of schedule.

Debottlenecking project for trains 1/2/3 was awarded to Chiyoda/Technip JV in 2001 to increase the total production capacity from 6,000,000 T/Y to 9,000,000 T/Y.

Chiyoda Technip JV (CTJV) has completed the Debottlenecking project on time, and achieved 5.3 million man-hours No Loss Time Incident (NLTI) under the limited yearly shut-down period and in confined spaces. CTJV was awarded with “Certificate of Recognition” by Qatargas when 4 million man-hours NLTI was Courtesy of Qatargas achieved.

Courtesy of Qatargas Courtesy of Qatargas

Chiyoda was elected as the winner of the prestigious International Project of the Year 1999 for the Qatargas LNG Project for the Project Management Institute, the world’s leading management professional association.

7 8 Project Summary

Middle East Ras Laffan, Qatar Ras Laffan, Qatar Middle East

Qatargas 3, Qatargas 4 RasGas

Chiyoda Technip Joint Venture (CTJV), Chiyoda started its history of work for IRAQ IRAN IRAQ IRAN Client (Qatargas 3) : signed a contract for the Engineering, RasGas in January 1994 with the FEED Client : KUWAIT KUWAIT Qatar Liquefied Gas Company Limited (3) Procurement and Construction for two Kuwait work for the 1st and 2nd trains, each Kuwait RasGas Company Limited of the world's largest LNG trains with train having a capacity of 3,300,000 T/Y. Ras Laffan Liquefied Natural Gas Year of Completion : Qatar Liquefied Gas Company Limited Subsequent to this FEED work, Chiyoda Company Limited 6th LNG Train EPC 2010 BAHRAIN BAHRAIN (3) (Qatargas 3) and the sponsors of the Al Manamah was awarded the FEED contracts for the Al Manamah 7th LNG Train EPC 2010 Ras Laffan Ras Laffan Year of Completion : Qatargas 4 Project (Qatargas 4). QATAR 3rd & 4th Trains in 1999, each train QATAR 6th LNG Train FEED 2005 Doha Doha 6th & 7th LNG Trains (FEED) 2004 Chiyoda also performed the Front End Riyadh with a capacity of 4,700,000 T/Y. In Riyadh 7th LNG Train FEED 2005 Abu Dhabi Abu Dhabi 5th LNG Train (FEED) 2004 Engineering and Design (FEED) work for UNITED ARAB 2004, the 5th Train with capacity of UNITED ARAB SAUDI EMIRATES SAUDI EMIRATES NGL Recovery Project (FEED)2002 Qatargas Train 6 and Train 7. ARABIA 4,700,000 T/Y. The FEED work for 6th & ARABIA Annual Production Capacity : 3rd & 4th LNG Trains (FEED) 2000 7,800,000 tons of LNG x 2 Trains 7th Trains was also awarded to Chiyoda Off Shore Facilities 1998 Trains 6 and 7, each with capacity of 7,800,000 T/Y of LNG, were constructed in 2004, with a capacity of 7,800,000 T/Y each - the largest single trains ever 1st & 2nd LNG Trains (FEED) 1995 Natural-Gas Liquefaction : adjacent to Trains 4 and 5, executed by the CTJV within the framework of the designed in the world. APCI AP – X process contract signed with Qatargas 2. Annual Production Capacity : Chiyoda’s successful experience began with RasGas Projects and it rapidly 3,300,000 tons of LNG By completion of Qatargas 3 and Qatargas 4, Qatar will be the world’s largest LNG established itself as the best reliable contractor. producer, with a combined production capacity of 77 million tonnes per annum. Natural-Gas Liquefaction : APCI C3-MR process Client (Qatargas 4) : APCI AP-X process Qatar Liquefied Gas Company Limited (4)

Year of Completion : 7th LNG Train EPC 2010

Annual Production Capacity : 7,800,000 tons of LNG

Natural-Gas Liquefaction : APCI AP – X process

Courtesy of Qatargas Operating Company Limited Courtesy of RasGas

9 10 Project Summary

Middle East Ras Laffan, Qatar Ras Laffan, Qatar Middle East

RasGas II RasGas 3

After successful execution of FEED work, Chiyoda, as the leader of the joint IRAQ IRAN IRAQ IRAN Client : the Engineering, Procurement and venture with Technip France, signed a Client : KUWAIT KUWAIT Ras Laffan Liquefied Natural Gas Construction (EPC) contract of 3rd train Kuwait contract with the Ras Laffan Liquefied Kuwait Ras Laffan Liquefied Natural Gas Company Limited (II) was awarded to the joint venture of Natural Gas Company Limited (3) Company Limited (3) Chiyoda, Mitsui, Snamprogetti and (RasGas 3) for the Engineering, Year of Completion : BAHRAIN BAHRAIN Year of Completion : Almana (CMS&A) in 2001, 4th train in Al Manamah Procurement and Construction (EPC) of Al Manamah 5th LNG Train 2006 Ras Laffan Ras Laffan 6th LNG Train EPC 2009 2002, and the 5th train in June 2004. QATAR RasGas Onshore Expansion Project QATAR 4th LNG Train 2005 Doha Doha 7th LNG Train EPC 2009 The 3rd train was completed in Riyadh Trains 6 & 7. Front End Engineering Riyadh 3rd LNG Train 2003 Abu Dhabi Abu Dhabi 6th LNG Train FEED 2005 December 2003 with a remarkable UNITED ARAB and Design (FEED) work was also UNITED ARAB SAUDI EMIRATES SAUDI EMIRATES 7th LNG Train FEED 2005 fast-track delivery schedule of 33 ARABIA performed by Chiyoda. The Trains 6 & 7, ARABIA Annual Production Capacity : 4,700,000 tons of LNG x 3 Trains months. Chiyoda also achieved a safety each designed to produce 7,800,000 Annual Production Capacity : record of 21,500,000 man-hours with No T/Y of LNG, were started up for production in 2009. 7,800,000 tons of LNG x 2 Trains Natural-Gas Liquefaction : Lost Time Incident (NLTI) in February 2004. Chiyoda successfully completed the 4th APCI C3-MR process train in 2004 and it is in operation at full capacity. In November 2006, the 5th train The new LNG trains were constructed in Ras Laffan Industrial City where Chiyoda Natural-Gas Liquefaction : was completed in just 28 months, a record for the fastest construction of an LNG completed the existing RasGas Trains 3, 4 and 5 for RasGas II. APCI AP-X process plant that uses the APCI process.

Through a number of successful past and current experiences in the project execution under the gas value chain in Qatar, Chiyoda has become familiar with the regional conditions in Ras Laffan Industrial Area and Qatar. With this knowledge and experience, Chiyoda can best serve the client as a total solution provider to successfully materialize the planned venture.

Courtesy of RasGas

©RasGas Company Limited

Courtesy of RasGas

©RasGas Company Limited

11 12 Project Summary

Middle East Qalhat, Oman Qalhat, Oman Middle East

OMAN LNG QALHAT LNG

A two-train “grassroots” LNG complex Chiyoda, with its JV partner Foster Client : with a single train capacity of Wheeler Energy Limited, was awarded a Client : Oman LNG L.L.C. 3,300,000 T/Y was successfully BAHRAIN contract in 2003 by the Government of BAHRAIN Qalhat LNG S.A.O.C. Al Manamah Al Manamah completed at Qalhat, 200 km south of QATAR the Sultanate of Oman, represented by QATAR Doha Doha Year of Completion : Muscat in the Sultanate of Oman, the Ministry of Oil and Gas. The Abu Dhabi Abu Dhabi Muscat Muscat Year of Completion : 1st & 2nd LNG Train 2000 situated away from the Straits of UNITED ARAB contract includes the Engineering, UNITED ARAB EMIRATES EMIRATES Qalhat LNG Train 2005 Hormuz and on the edge of the Qalhat Procurement and Construction (EPC) of Qalhat Annual Production Capacity : Arabian Peninsula. Chiyoda-Foster a LNG train at Qalhat, 200 km south of 3,300,000 tons of LNG x 2 Trains Annual Production Capacity : Wheeler and Company L.L.C. (CFW Muscat. The capacity of the new LNG OMAN OMAN 3,300,000 tons of LNG L.L.C.) was awarded the EPC contract in train is 3,300,000 T/Y and it has been Natural-Gas Liquefaction : November 1996 for the Oman LNG built adjacent to the existing Oman LNG APCI C3-MR process Natural-Gas Liquefaction : Project and both trains were completed well ahead of the contractual schedule. Complex in Qalhat, where two identical LNG trains, each with a capacity of APCI C3-MR process Engineering, Procurement and Construction / commissioning planning activities 3,300,000 T/Y have been operating since early 2000. including ECA based project financing services were carried out by one integrated task force at Chiyoda-Foster Wheeler (CFW) Partnership established in Reading, U.K. Ready For Start-Up (RFSU) on this project was achieved 33.43 months after the contract award, 3 weeks earlier than the original plan, while a record of 20 million man-hour was accumulated without any Loss Time Incident since the contract started.

The Start-up team of the QLNG train achieved LNG production in the world record of 9 days 3 hours after RFSU by applying Shell’s Flawless Start-up concept. The first cargo was shipped 30 days after RFSU.

Courtesy of Oman LNG Courtesy of Qalhat LNG

Courtesy of Oman LNG Courtesy of Qalhat LNG

13 14 Project Summary

Middle East Das Island, U.A.E. Sakhalin Island, Russia Far East

ADGAS Sakhalin II

Das Island is located offshore of Abu Chiyoda, along with Toyo Engineering Client : Dhabi in the United Arab Emirates.The Corporation (TEC) and the Russian Client : Sakhalin Island Abu Dhabi Gas Liquefaction Co., Ltd. Abu Dhabi Gas Liquefaction Co., Ltd. BAHRAIN partners, NIPIgaspererabotka and Sakhalin Energy Investment Company Ltd. Al Manamah RUSSIA (ADGAS) (ADGAS) awarded the FEED contract to QATAR Khimenergo, signed the EPC contract (SEIC) Doha Chiyoda with its joint venture partner, Das Island with Sakhalin Energy Investment Abu Dhabi Year of Completion : Muscat Year of Completion : Bechtel in 1970. EPC contract for the UNITED ARAB Company Ltd. (SEIC) in June 2003 for a Yuzhno Sakhalinsk EMIRATES LPG-4 (FEED) 2002 Prigorodnoye Train-2 2008 LNG plant having the capacity of Qalhat grassroots LNG plant complex that was BOG Recovery Project (FEED) 2001 Train-1 2008 1,100,000 T/Y x 2 trains as well as a part of the Sakhalin II Project. 3rd LNG Train 1994 Oil Export Terminal and Utility 2006 related storage, utilities and loading LNG Plant Expansion (FEED) 1991 OMAN facilities was awarded to the Joint SEIC is owned by Gazprom 1st & 2nd LNG Train 1976 JAPAN Annual Production Capacity : Venture of Chiyoda and Bechtel in 1973. (50%+1share), Shell Sakhalin Holdings 4,800,000 tons of LNG x 2 Trains Annual Production Capacity : B.V. (27.5 %-1share), Mitsui Sakhalin Holdings B.V. (12.5%) and Diamond Gas 4,700,000 tons of LNG Chiyoda was awarded the FEED contract in 1990 and subsequently the EPC Sakhalin B.V. (10 %). Natural-Gas Liquefaction : 1,100,000 tons of LPG contract in 1991 for the 3rd LNG train having the capacity of 2,500,000 T/Y. Shell DMR process 300,000 tons of Gasoline To execute this project, Chiyoda’s high-caliber project team carefully applied its The project construction site is located at Prigorodnoye on a southern part of 330,000 tons of Sulfur know-how and database which were delivered from hands-on experience in Sakhalin Island in Russian Federation. The site is about 160 km from Wakkanai, the previous LNG and other large-scale projects worldwide. northern most tip of the Japanese island, Hokkaido. The plant consists of two LNG Natural-Gas Liquefaction : trains, each with a production capacity of 4,800,000 T/Y. Both trains started APCI C3-MR process With the application of an ISO9000-based quality management system, innovative operation in 2009. Shell's Double Mixed Refrigerant (DMR) liquefaction process is design and value engineering were implemented to cope with the constraints and adopted for the first time in a base-load LNG plant. The LNG plant also includes formidable logistics conditions in the area. two 100,000 cubic meter LNG tanks and a LNG loading jetty. The 3rd LNG Train was completed in May 1994 in record-breaking 30 months with an excellent safety record. Chiyoda also executed the FEED contract on BOG Chiyoda performed project specification (PS) work in a joint venture with Fluor Recovery Project in 2001 and LPG-4 train in 2002. Daniel of the Netherlands and NIPIgaspererabotka.

This first LNG project in Russia, which has the world's largest natural gas reserves, has been operating since early 2009 and has become the cornerstone of future projects in the country.

Courtesy of Sakhalin Energy Investment Company

15 16 Project Summary

Arctic Circle Yamal Nenets Autonomous District, Russia Bontang, Indonesia Asia and Oceania

Yamal LNG Project PERTAMINA

In 2014 Chiyoda Corporation, together KARA SEA On the east coast of Kalimantan Island

Client : with Technip of France and JGC of in Indonesia, facing the Makassar Strait, BRUNEI Client : DARUSSALAM JSC Yamal LNG Japan (TJC JV), was awarded a contract large scale LNG plants have been PERTAMINA(Perusahaan Pertambangan by JSC Yamal LNG to build their LNG constructed to utilize Badak field gas. Minyak Dan Gas Bumi Negara) MALAYSIA Year of Completion : Plant in Sabetta, which is located within Sabetta P.T. Badak NGL is now operating eight P.T. Badak NGL

Train-1 2017 SINGAPORE the Arctic Circle in Russia’s LNG production trains having a total Bontang Train-2 2018 Yamal-Nenets Autonomous District. annual output of about 22,500,000 Year of Completion : Train-3 2018 INDONESIA Badak LNG Reliability Enhancement (BLRE) tons. 2002 The Contract is for the engineering, Annual Production Capacity : Dudinka Train- I Bontang LNG Expansion (FEED) procurement, supply, construction, and PERTAMINA, the plant owner, awarded 5,500,000 tons of LNG × 3 Trains 2001 commissioning (EPSCC) of an onshore Chiyoda and Mitsubishi a contract to No. 3 LNG Loading Dock Project 1998 Natural-Gas Liquefaction : LNG processing facility in Sabetta to liquefy gas from the South Tambey gas expand the plant by adding one more LNG-production train (Train-E) and four Train-G 1997 APCI C3-MR process condensate field on the Yamal Peninsula. The plant has a production capacity of LPG-extraction trains followed by awarding Inti Karya Persada Tehnik (IKPT) and Train-F 1993 16.5 mtpa (5.5 mtpa x 3 trains) of LNG. Chiyoda two other LNG-production trains (Train-F&G). Train-E 1989

Yamal LNG is jointly owned by NOVATEK (50.1%), TOTAL S.A. (20%), China PERTAMINA LNG/LPG Projects (PLLP) was the project manager, supervising Annual Production Capacity : National Oil and Gas Exploration and Development Corporation (20%) and Silk construction and commissioning. IKPT and Chiyoda were responsible for design, 22,500,000 tons of LNG Road Fund (9.9%). engineering, procurement and construction for the plant’s expansion as well as 1,000,000 tons of LPG related storage, utilities and loading facilities.Train-F was completed in 32 months 1,150,000 barrels of Condensate A very distinctive aspect of this project is the fully modularized construction strategy, from the award of contract on a fast-track basis. Furthermore, Train-G was Natural-Gas Liquefaction : that minimized onshore construction activities at the construction site in Sabetta. completed in November 1997, one month ahead of schedule. No. 3 loading dock / APCI C3-MR process TJC JV utilized several fabrication yards to support the planned production of LPG storage project was completed in 1998, 3 weeks ahead. Also, Badak LNG approximately 500 thousand tons of modules, with a high level of project Reliability Enhancement for P.T. Badak NGL was completed in September 2002, half management, schedule supervision, and engineering skills. a month ahead of schedule.

This project was successfully completed in 2018 and Chiyoda was honored to receive the Engineering Distinguished Service Award 2018 from the Engineering Advancement Association of japan (ENNA). Courtesy of JSC Yamal LNG

17 18 Project Summary

Asia and Oceania Arun, Indonesia Port Moresby, Papua New Guinea Asia and Oceania

PERTAMINA PNG LNG Project

Phnum Pénh On the northern coast of Sumatra THAILAND Ho Chi Minh City Chiyoda, as the leader of a joint venture

Client : Island in Indonesia, facing the entrance with JGC Corporation (CJJV), INDONESIA Client :

PERTAMINA (Perusahaan Pertambangan of Malaka Strait, LNG plants were completed the first LNG plant in Papua PAPUA ExxonMobil PNG Limited Minyak Dan Gas Bumi Negara) constructed in order to utilize Arun field New Guinea (PNG), including facilities NEW GUINEA gas. P.T. Arun Natural Gas Liquefaction for inlet processing, treating, Year of Completion : Port Moresby Year of Completion : Co. is operating six LNG production liquefaction, storage, and ship loading. 1st train EPC 2013 5th LNG Train 1984 trains with a total annual output of Arun 2nd train EPC 2014 4th LNG Train 1983 Kuala Lumpur 10,500,000 tons. Medan The first train was turned over to the MALAYSIA Annual Production Capacity : client on 31 December 2013 and the Annual Production Capacity : 3,450,000 Tons of LNG x 2 Trains A contract to expand the plant by INDONESIA SINGAPORE second on 31 March 2014, with each AUSTRALIA 1,750,000 tons of LNG x 2 Trains adding two more LNG production trains train being completed on time and Natural-Gas Liquefaction : Natural-Gas Liquefaction : with 1,750,000 T/Y of capacity each was awarded to Chiyoda and Mitsubishi by within budget. APCI C3-MR process APCI C3-MR process PERTAMINA in 1991.PERTAMINA Organization for LNG Expansion (POLE) was the The Contract for the Engineering Procurement and Construction (EPC) was project manager who supervised construction and commissioning. awarded in December 2009 for a plant which is designed to produce up to 6.9 million ton/year of LNG from two trains, half of which will be exported to Japan. The Chiyoda-Mitsubishi joint venture was responsible for design, engineering, It took only 67 months to complete this project from the time that Chiyoda procurement and construction of the expanded plant as well as related storage, Corporation started the Front End Engineering Design (FEED) in September 2008. utilities and loading facilities. Owing to our technological strengths and accumulated management experience in LNG projects, CJJV was able to achieve 6.5 million man-hours of No Loss Time Incidents (NLTI) in May 2014, which bettered Chiyoda’s past record on LNG Projects. CJJV was also honored to receive the Engineering Distinguished Service Award 2014 from the Engineering Advancement Association of Japan (ENAA).

Courtesy of ExxonMobil PNG Limited

Courtesy of ExxonMobil PNG Limited

19 20 Project Summary

Asia and Oceania Darwin, Australia Western Papua, Indonesia Asia and Oceania

Ichthys LNG Project Tangguh Expansion Project (TEP)

Following participation in FEED activities REPUBLIC OF Chiyoda together with Tripatra INDONESIA Client : from January 2009, Chiyoda together (Indonesia), Saipem (Italy) and Suluh Western Papua Client : PAPUA INDONESIA NEW GUINEA Ichthys LNG Pty Ltd with its joint venture partners, JGC of Ardhi Engineering (Indonesia) was PAPUA BP Berau Ltd. Japan and KBR of USA (JKC JV), was awarded a contract with BP Berau Ltd. NEW GUINEA Annual Production Capacity : awarded the contract for Ichthys (as the operator of Tangguh Production Year of Completion : 4,450,000 tons of LNG x 2 Trains Onshore LNG Facilities by Ichthys LNG Sharing Contractors) for the onshore (2021) 1,600,000 tons of LPG Pty Ltd on February 9, 2012. Darwin EPC contract for Tangguh Expansion 100,000 barrels per day of Condensate Annual Production Capacity : Project (Tangguh LNG Train 3) in (at peak) 3,800,000 tons of LNG x 1 train The contract was for the engineering, AUSTRALIA August 2016. procurement and construction (EPC) of AUSTRALIA Natural-Gas Liquefaction : Natural-Gas Liquefaction : an onshore LNG processing facility in Tangguh LNG Train-3 with a liquefaction APCI C3-MR process APCI C3-MR process Darwin to liquefy gas from the Ichthys gas-condensate field in the Browse Basin, capacity of 3.8 million tons per annum (mtpa) will be built at the Tangguh site, offshore Western Australia. The LNG plant has a production capacity of 8.9 mtpa which is located in western Papua Province of Indonesia, in addition to (4.45 mtpa x 2 trains) of LNG, 1.6 mtpa of LPG along with 100,000 barrels of the existing Train-1 & 2 (3.8 mtpa x 2 Trains). condensate per day at peak. We are executing the EPC work of Tangguh LNG Train-3 for scheduled comple- The overall Ichthys LNG Project is an integrated natural gas field development tion in 2021, which also encompasses LNG jetty and associated infrastructure. project being executed by the INPEX group, Total group and Japanese utility companies. As of October 2017, the participating interests in the Ichthys LNG Regarding the product from Train-3, 2.8 mtpa will be sold to Indonesian Domestic Project are affiliates of INPEX group companies (62.245%), Total group companies market and 1.0 mtpa will be sold to Kansai Electric Power Co. Inc. (30%), CPC (2.625%), Tokyo Gas (1.575%), Osaka Gas (1.200%), Kansai Electric Power (1.200%), JERA (0.735%) and Toho Gas (0.420%).

A unique and challenging aspect of the project is the fully modular construction strategy that minimized onshore construction activities at the construction site in Darwin. JKC JV utilized several fabrication yards to support the planned production of 180,000 tons of modules which requires a high-level of project management, schedule control and engineering skills.

Plant overview photo for of the INPEX-operated Ichthys LNG onshore LNG processing facilities, in Darwin Australia. project (Courtesy of INPEX Operations Australia Pty Ltd) Plant overview of the INPEX-operated Ichthys LNG onshore processing facilities, in Darwin Australia.

Tangguh LNG Train-3 Project, Kick-off Meeting held on August 31, 2016

Courtesy of INPEX Operations Australia Pty Ltd.

21 22 Project Summary

Africa Arzew, Algeria Cabo Delgado, Mozambique Africa

GNL 3Z Project (Arzew LNG Train) Offshore Area 1 Mozambique LNG Project

Saipem/Chiyoda joint venture was SPAIN ITALY On June 5, 2019, Mirai Engineering Italy ZAIRE TANZANIA Client : awarded a new onshore contract for REPUBLIC OF S.R.L. (MEI), an Italy-based subsidiary of Dar Es Salaam Client : Algiers INDONESIA Société Nationale pour la Recherche, Sonatrach’s GNL3Z (Arzew LNG Train) Tunis Chiyoda Corporation, in Joint Venture Anadarko Moçambique Area 1, Lda., Arzew PAPUA COMOROS Casablanca NEW GUINEA ANGOLA la Production, le Transport et la Project in July 2008. TUNISIA with Saipem S.p.A. and McDermott ENH Rovuma Área Um, S.A, Mitsui E&P Commercialisation des Hydrocarbures MOROCCO MALAWI Mozambique Area1 Ltd., ONGC Videsh Ltd., Tripoli International, reached agreement with ZAMBIA Cabo Delgado

(SONATRACH SPA) WESTERN Harare Beas Rovuma Energy Mozambique Limited, This contract encompasses engineering, Area 1 Concessionaires on an EPC MOZAMBIQUE SAHARA ALGERIA ZIMBABWE BPRL Ventures Mozambique B.V. and PTTEP procurement and construction of LIBYA Contract to engineer and construct an Year of Completion : Darwin BOTSWANA MADAGASCAL Mozambique Area 1 Limited single-train 4.7 MM T/Y natural gas onshore LNG project in Mozambique. EPC2015 liquefaction plant. Saipem and McDermott, operating as Maputo MAURITANIA Annual Production Capacity: AUSTRALIA CCSJV (the Joint Venture incorporated in SOUTH AFRICA SWAZILAND Annual Production Capacity : MALI NIGER Maseru 6,440,000 tons of LNG x 2 trains 4,700,000 tons of LNG x 1 train This new plant enabled Algeria, Africa’s Italy to execute the LNG project) will largest gas provider, to boost-up its export of natural gas to 85 billion cubic meters deliver the project from their HQ in Milan, Italy. MEl will provide specified technical Natural-Gas Liquefaction: Natural-Gas Liquefaction : per year by end 2014. support to CCS JV for the LNG project. APCI C3-MR process APCI C3-MR Based on Chiyoda’s extensive experience in LNG projects, LNG plant operability and The contract has been executed by Anadarko Moçambique Area 1, Lda., a wholly maintainability were fully reflected in the new project design. Saipem and Chiyoda owned subsidiary of Anadarko Petroleum Corporation, which operates Offshore Area also provided operator training. 1 and acts as front-runner of a Venture including other leaders in the energy sector, such as ENH Rovuma Área Um, S.A, Mitsui E&P Mozambique Area1 Ltd., ONGC Videsh Ltd., Beas Rovuma Energy Mozambique Limited, BPRL Ventures Mozambique B.V. and PTTEP Mozambique Area 1 Limited.

The LNG Project will be Mozambique’s first onshore LNG development, initially consisting of two LNG trains with total nameplate capacity of 12.88 million tons per annum (MTPA), as well as all necessary associated infrastructure, storage tanks and export jetty facilities. The official declaration of FID was made at a sanctioning on June 18, 2019.

Courtesy of Sonatrach

Courtesy of Anadarko Moçambique Area 1, Lda.,

23 24 Project Summary

North America Hackberry, Louisiana, U.S.A. Hackberry, Louisiana, U.S.A. North America

Freeport LNG Export Project Cameron Liquefaction Project

On December 10, 2013, FLNG U.S.A. Chiyoda International Corporation, a U.S.A. Nashville Nashville Operator: Liquefaction, LLC, and FLNG Oklahoma City U.S. based wholly-owned subsidiary of Oklahoma City Client : Train 1: FLNG Liquefaction, LLC Liquefaction 2, LLC, have awarded the Atlanta Chiyoda, with its JV partner CB&I, was Atlanta Cameron LNG, LLC Dallas Dallas Train 2: FLNG Liquefaction 2, LLC contract for Engineering, Procurement awarded a contract by Cameron LNG, Hackberry Houston Train 3: FLNGLiquefaction3, LLC New Orleans New Orleans Year of Completion : and Construction (“EPC”) for the LLC (Cameron LNG) on March 17, 2014, Houston Freeport Orlando Orlando Freeport LNG Project to the CB&I and to build the Cameron Liquefaction Train-1 2019 Year of Completion : Zachry Industrial, Inc., Joint Venture Miami Project, in Hackberry, LA, near the Gulf Miami Train-2 (2020) Train-1 (2019) MEXICO MEXICO Train-3 (2020) (“CZ JV”). Chiyoda International of Mexico. Train-2 (2019) Corporation (“CIC”), a 100% U.S. CUBA CUBA Train-3 (2020) Annual Production Capacity : subsidiary company of Chiyoda The scope of work includes engineering, 4,500,000 tons of LNG × 3 Trains Annual Production Capacity : Corporation, is working with CZ JV to procurement and construction (EPC) for 4,640,000 tons of LNG × 3 Trains execute the EPC work. In March 2015, FLNG Liquefaction 3, LLC have awarded the addition of natural gas liquefaction and export facilities to the existing LNG Natural-Gas Liquefaction : the contract for the EPC of the third train of three train natural gas liquefaction and regasification facility. The project will comprise three liquefaction trains with a APCI C3-MR Process Natural-Gas Liquefaction : export facility to the joint venture between CIC, CB&I and Zachry Industrial Inc. nameplate capacity of approximately 13.5 million tonnes of LNG per year. APCI C3-MR Freeport LNG Project includes three liquefaction trains with a total nameplate Cameron LNG is jointly owned by Sempra LNG (50.2%), Total (16.6%), Mitsui & capacity of 13.9 mtpa and CZ JV was awarded EPC contracts for the first two trains Co., Ltd. (16.6%) and Japan LNG Investment, LLC (16.6%), a company jointly (4.64 mtpa each) in the first phase of the project development. owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK).

The owner of train 1, FLNG Liquefaction, LLC, is comprised of Freeport LNG (50%), The project was the second natural gas liquefaction-export project in the U.S. a U.S. subsidiary of Chubu Electric (25%) and a U.S. subsidiary of Osaka Gas (25%). authorized by the Federal Energy Regulatory Commission (FERC) for the For Train 2, Freeport LNG and IFM Investors are equity holders in FLNG Liquefaction construction and operation of facilities, and has been authorized by the 2, LLC. For Train 3, Freeport LNG is the entire equity holder. Department of Energy (DOE) to export domestically-produced LNG to countries that do not have a free-trade agreement (FTA) with the U.S. The U.S. has an opportunity to expand its participation in the global market for natural gas, as the country has more than one hundred years’ worth of gas reserves and is The project will create approximately 3,000 jobs directly in Southwest Louisiana, as well positioned to contribute to meeting the growing global demand for gas. Freeport well as hundreds of additional off-site jobs to support the design, fabrication and LNG’s gas liquefaction and export of LNG represent a long-term economic stimulus to construction of the facilities. the nation’s natural gas-producing regions, including Texas and the entire Gulf Coast.)

This is the first EPC work involving an LNG project in the U.S. for Chiyoda Group.

Cameron LNG, Louisiana State, USA

Image of Export Terminal

Receiving Terminal

Courtesy of Cameron LNG, LLC

25 26 Project Summary

North America Sabine Pass, Texas, U.S.A. Santos Basin, Offshore Brazil South America

Golden Pass LNG Export Project Petrobras FLNG

Macapá Quito ECUADOR Belém The Golden Pass LNG Export Project in U.S.A. Chiyoda with its partner SBM Offshore Fortaleza Nashville Client : Sabine Pass, Texas USA, converts the Oklahoma City was awarded a Front End Engineering Client : Rio Branco Golden Pass Products LLC existing LNG receiving facilities into a Atlanta Design contract from Petrobras BRAZIL Recife Petrobras Netherlands B.V., BG Group, Dallas new natural gas liquefaction plant with Netherlands B.V. for Floating LNG PERU Salvador Repsol, Galp Energia Sabine Pass La Paz Brasília Annual Production Capacity : a capacity of around 16 million tons a New Orleans (FLNG) Santos Basin Project conducted Houston Orlando BOLIVIA approximately 5,200,000 tons of LNG year (three liquefaction trains, approx. by the joint venture formed by Year of Completion : Rio De Janeiro x 3 Trains PARAGUAY FEED 2010 5.2 million tons a year each). Chiyoda Miami Petrobras Netherlands, BG Group, CHILE São Paulo MEXICO Asuncion Santos Basin, executed the Front End Engineering Repsol and Galp Energia to develop the Offshore Brazil Natural-Gas Liquefaction : ARGENTINA Annual Production Capacity : Design (FEED) work, and will complete CUBA Pre-salt reservoirs located deepwater in 3 URUGUAY APCI C -MR Process Santiago 2,700,000 tons of LNG Buenos Aires the Engineering, Procurement and the Santos Basin, offshore Brazil. Montevideo Construction (EPC) phase together with its joint venture partners, Zachry and McDermott. The FLNG concept was studied as a means to handle the associated gas that will be produced from the oil and gas floating production storage and offloading facilities The Client, Golden Pass LNG, is a joint venture between Qatar Petroleum and (FPSOs) to be installed in the same area in the coming years. The FLNG will process ExxonMobil. Chiyoda has unrivalled global FEED and EPC LNG project experience, and liquefy natural gas , butane, propane and condensate with processing capacity including six (6) LNG trains of 7.8 million tons per year capacity in Qatar, the largest of up to 14 million cubic meters per day. The processed LNG will be transported to ever constructed, and continues to strengthen the current close working the consumer market via gas carrier vessels and regasification terminals in Brazil. relationship with Qatar Petroleum and ExxonMobil. The FLNG will be an important source of gas supply to the Brazilian market and at the same time makes it possible to export the processed LNG during periods of low By successfully completing the project and adding to Chiyoda’s two (2) large domestic demand. ongoing LNG projects on the Gulf Coast, Chiyoda will contribute to the stable supply of environmentally friendly LNG worldwide from the USA. Chiyoda and SBM Offshore will jointly seek to contribute and participate in the further development of the FLNG concept for the client ultimately leading to an opportunity of monetizing the massive Pre-salt gas reserves in the Santos Basin and creating a stable and flexible natural gas supply system in Brazil.

Courtesy of Golden Pass Products LLC

27 28 Project Summary (Gas Processing)

Chiyoda’s Experience in Gas Processing Plant

FEED/EPC

North Rumaila Bandar Khomeini Kharg Island Maharashtra Iraq Iran Iran India

■ Dew Point Control Plant ■ NGL Fractionation Plant ■ LPG / Sulfur Plant ■ Sulfinol Licence for Recovery Project B.E.P.C 1977 E.P.C Suspended E.P.C 1969 B.E 1991 ■ NGL Recovery Plant E.P.C.M 1983

Chongqing China

■ Natural Gas Treating Plant B.E.P.CS.M.T 1981

Project Summary (Gas Processing)

Mesaieed Qatar

■ LPG / NGL Recovery Plant E.P.C.M 1980

Ras Laffan Das Island Sumatra Bontang Qatar U.A.E Indonesia Indonesia

■ Off Shore Facilities ■ LPG Plant Train-1/2 ■ Betara Complex Development ■ LPG Extraction Plant E.P.C.M 1998 B.E.P.C 1976 Gas Upstream Project B.E.P.C.M 1988 ■ NGL Recovery Plant ■ LPG Plant Expansion E.P.C 2005 ■ LPG Plant (Train E) FEED 2002 FEED 1991 E.P.C.M 1989 ■ Al-Khaleej Gas Project ■ LPG Plant Train-3 ■ LPG Plant (Train F) E.P.C 2006 E.P.C.M 1994 E.P.C.M 1993 ■ Al-Khaleej Gas Phase2 ■ BOG Recovery Project ■ LPG Plant (Train G) FEED 2006 FEED 2001 E.P.C.M 1997 ■ AGR / SRU Units ■ LPG Train-4 FEED 2007 FEED 2002 ■ Al-Khaleej Gas Phase2 E.P.C 2010 ■ Gas Processing Plant FEED 2010 ■ Pearl GTL FGP Works E.P.C 2011

B: Basic Engineering / E: Detail Engineering / P: Procurement / C: Construction / CS: Construction Supervision / M: Start-up and Commissioning / T: Training / FEED: Front End Engineering Design

29 30 Project Summary (Gas Processing)

Middle East Ras Laffan, Qatar Ras Laffan, Qatar Middle East

Pearl GTL Feed Gas Preparation Works AKG-1/2

Chiyoda was awarded the contract IRAQ Chiyoda with its JV partners, Mitsui & IRAQ IRAN IRAN Client : from Qatar Shell GTL Limited for Co., Ltd. and Snamprogetti & Co., (AKG-1) KUWAIT KUWAIT Qatar Shell GTL Limited Engineering, Procurement and Kuwait W.L.L. (CMS&A), received an order in Kuwait Construction (EPC) for the Feed Gas March 2003 from ExxonMobil Middle Client : Year of Completion : Preparation Works of the Pearl GTL East Gas Marketing Ltd. for the ExxonMobil Middle East Gas Marketing Ltd. EPC 2011 BAHRAIN BAHRAIN Project. The gas processing unit has two Al Manamah construction of Al-Khaleej Gas Project Al Manamah Ras Laffan Ras Laffan Year of Completion : trains with a capacity of 800 MSCFD QATAR Phase 1. The plant is located adjacent QATAR Annual Production Capacity : Doha Doha 2006 each and a total of 1,600 MSCFD of Riyadh to the RasGas LNG trains in Ras Laffan, Riyadh 800 MSCFD x 2 Trains Abu Dhabi Abu Dhabi natural gas (equivalent to 8 MMTPA of UNITED ARAB Qatar. Chiyoda was responsible for the UNITED ARAB SAUDI EMIRATES SAUDI EMIRATES Annual Production Capacity : LNG). The unit sends feed gas to the ARABIA design, engineering, procurement, ARABIA Sales Gas 750 MMSCFD GTL core unit to produce 140,000 construction and operator training. The ・Propane barrels per day of GTL products. The work is executed by a consortium of Chiyoda plant was completed in 2006. ・Butane Corporation, as the leader, and Hyundai Heavy Industries. ・Condensate This project has provided a reliable sales gas supply to significant projects within the ・Ethane The award to Chiyoda of a world class capacity plant is proof of the client’s country since November 2005. recognition of Chiyoda’s reliability on quality plants. The most important Plant Features: contributing factor for high plant reliability is the implementation of Chiyoda’s Boiler (Package Boiler, Degreaser, BFW Reliability Program. In addition, Chiyoda’s high technical capability and profound Chiyoda with its JV partner Technip was awarded the Engineering, Procurement and Pumps, etc.) knowledge of the Ras Laffan Industrial City will lead to the success of the project. Construction contract from ExxonMobil Middle East Gas Marketing Ltd. for TEG Package Pig Receiver Al-Khaleej Gas Project Phase 2 (AKG-2). The project was to build a gas processing Off-site Piperack The GTL plant will produce virtually sulfur free, clean liquid products and fuels that train, with the capability for ethane recovery, to produce 1,250 MSCFD of sales gas. Acid Gas Removal will contribute to cleaner air quality for cities around the world. Accordingly, various The Front End Engineering and Design work was also executed by Chiyoda. Dehydration GTL projects are being planned worldwide and Chiyoda, by participating in this GTL Mercury Removal project, has created a major milestone for future GTL projects. The sales gas has been distributed to the domestic market and contributes to the NGL Extraction further development of the infrastructure of the Qatari industry. Fractionation

AKG-2 benefitted from Chiyoda’s extensive experience in Ras Laffan Industrial City, gas processing expertise and our Reliability Program. (AKG-2)

Courtesy of Shell Client : ExxonMobil Middle East Gas Marketing Ltd.

Year of Completion : EPC 2010 FEED 2005

Annual Production Capacity : Sales Gas of 1,250 MSCFD Courtesy of Shell ・Propane ・Butane ・Plant Condensate ・Ethane

31 32 Project Summary (Gas Processing)

Asia and Oceania Jambi, Indonesia Other Gas Processing Betara Complex Development Project Experience

The gas processing plant in the jungles Phnum Pénh Ho Chi Minh City Client : of Indonesia’s central Sumatra Island NGL Recovery Dew Point Natural Gas PetroChina International Jabung Ltd. was newly completed in 2005 for PetroChina International Jabung Ltd. Plant Control Plant Treating Plant Year of Completion : Kuala Lumpur MALAYSIA The Betara Complex Development Medan in Iraq in Iraq in China 2005 Project delivers 100 mmscfd of sales gas SINGAPORE to Singapore via pipelines and produces Jambi Annual Production Capacity : Client : Client : Client : LPG and condensate for shipment via 100 mmscfd of Sales Gas INDONESIA State Organization for Oil Projects State Organization for Oil Projects China National Technical Import FSO. 25,000 BPD of NGL Jakarta Corporation 15,200 BPD of LPG Surabaya Year of Completion : Year of Completion : 9,930 BPD of Condensate Chiyoda Corporation undertook the 1983 (Mechanically completed) 1977 Year of Completion : Project in collaboration with its affiliate PT Chiyoda International Indonesia, the 1981 Plant Features : Singapore-based engineering firm SembCorp Engineers and Constructors Pte Ltd., Annual Production Capacity: Annual Production Capacity: - Betara Central Gas Processing Plant and SembCorp’s affiliate company PT Sempec Indonesia. The consortium of four 495 MMSCFD of sales gas 194 MMSCFD of sales gas Annual Production Capacity: - NEB Gas Plant w/ Reinjection Compression companies engaged in the engineering, procurement and construction of the 1,950,000 tons of NGL (C3+) 180,000 tons of natural gasoline 140 MMSCFD of sales gas - NEB / GEMAH CO2 Extraction Plant grassroots plant, which embraced central gas processing facilities, gas recovery 90,000 tons of sulfur - GEMAH Associated Gas Compression facilities, over 200 km of pipelines, and offshore mooring facilities related to FSO Plant Features : Plant Features : - NB / NEB Associated Gas Compression offloading. Acid gas removal unit; Dew point control unit; Plant Features : - GEMAH Raw Gas PL to NEB Gas Plant Selective sulfinol process Refrigerated separation process Acid gas removal unit; - NG NGL Fractionation Plant Dehydration unit; by propane refrigeration Sulfinol process - NGL PL NEB Gas Plant to NG TEG process / molecular-sieve process All skid mounted plant Dehydration unit; Fractionation Plant Method of condensate recovery (NGL); TEG process - PL Extension BMT to FPU (Butane) Chilling by external refrigeration of Sulfur recovery, Claus process - PL NG Fractionation Plant to FPU propane cycle Tail gas treating; (Propane) SCOT process - Oil PL Extension BMT to Oil / Condensate FSO

Chiyoda received an order in late 1979 The dew point control unit plays an Chiyoda received an order in November from the State Organization for Oil important role in the transportation of 1977 from the Natural Technical Import Projects (SCOP) for the construction of natural gas by trunk line. In the North Corporation of the People’s Republic of an NGL recovery plant on a turnkey Rumaila district, about 50 kilometers China for the construction of a natural basis in North Rumaila. For this NGL north of Basra, Iraq, a dew point gas treating plant having a capacity of recovery plant,Chiyoda handled basic control unit built by Chiyoda is in 4,000,000 Nm3/day. Chiyoda was design, engineering, procurement, operation. The natural gas treated by responsible for design, engineering, construction, and training of operators. the plant is sent to the thermal power procurement, supervision of plant at Nassiriyah,about 200 construction and operator training. The kilometers northwest of Basra. plant removes sulfur from natural gas and exports treated gas as fuel and raw material for fertilizers.

33 34 Project Summary (Gas Processing)

Other Gas Processing Experience

LPG/NGL Recovery Plant LPG/Sulfur Plant in Qatar in Iran

Client : Client : Qatar General Petroleum Corporation Kharg Chemical Company, Ltd.

Year of Completion : Year of Completion : 1980 1969

Annual Production Capacity: Annual Production Capacity: 660,000 tons of LPG 200,000 tons of LPG 300,000 tons of natural gasoline 20,000 tons of natural gasoline 200,000 tons of sulfur Plant Features : Gas treating; Plant Features : ADIP process Acid-gas removal unit; Dehydration; DEA process EG injection Dehydration unit; LPG recovery; TEG process Refrigerated absorption and fractionation LPG recovery system; Key Technologies LPG treating; Absorption with lean oil by external refrigeration of propane cycle ADIP and molecular sieves Sulfur recovery; Refrigeration, Propane refrigeration Claus process Type of LPG storage tanks; Type of LPG storage tanks; Above ground, double integrity tanks Above ground, single wall tanks

Chiyoda received an order from Shell for the construction of Kharg Island in the Persian Gulf, once a barren coral island, is an NGL recovery and fractionation plant, which Qatar now a modern export outpost for Iran. The Kharg Chemical General Petroleum Corporation (QGPC) decided to build in Company’s petrochemical plant is on stream processing the Mesaieed district. The plant processes the associated gas natural gas into 605 T/D of LPG, and producing 585 T/D of from Qatar’s three offshore fields-Idd E1 Shargi, Maydan sulfur. Chiyoda built this LPG/Sulfur Plant from the ground Mahzam and Bul Hansine-and converts it into precious up, on a turn-key basis under a single responsibility. Despite commercial products including propane, butane, the island’s isolated location and torrid climate, Chiyoda gasoline,methane-richgas, and ethane-rich gas. Propane, commissioned the plant on schedule in just 25 months. butane and gasoline are exported, while methane is fed into the country’s gas distribution network.

Produced LPG is to be stored in double integrity tanks designed by Shell with special consideration given to a particularly high reliability.

35 36 Key Technologies

Chiyoda’s Technological Solutions Chiyoda's Advanced Technologies in Overall Gas Value Chain for Synthesis Gas and Chemical Production

Chiyoda’s engineering expertise in natural-gas-related facilities, such as pipelines, liquefaction, conversion to synthesis gas for A typical application of our advanced technologies in LNG plants is shown in the figure below. The CO2 removed from the acid chemicals production, etc, is second to none, due to our unsurpassed experience in EPC works for plants in the natural gas value removal unit is used effectively by being converted, with high energy efficiency, into synthesis gas in a HiCOT reformer furnace.

chain. However Chiyoda does not reflect only on its past experience. Our research into and development of highly energy efficient Synthesis gas is directly produced in CO2 reforming process with an H2 to CO molar ratio of 2.0 for the synfuel and methanol

technologies for synthesis gas production and its utilization will, in due course, lead to a greater reduction in the use of fossil fuel production. A part of methanol is converted to acetic acid in the ACETICA process by using CO generated from the CO2 energy and help preserve the environment. reforming process.

Conventional Pipe Line NG Natural Gas Reserves Natural Gas Acid Gas Removal Unit LNG Plant LNG

CO2 Unconventional H2+CO CO2 Reforming Process with HiCOT Reformer Furnace FT Synthesis Process Synfuel Natural Gas Reserves LNG Plant LNG - Shale Gas - Coal Bed Methane Methanol Synthesis Process Methanol - Tight Gas* H2 and/or CO *Tight gas sometimes is not categorized CO as unconventional gas. Chiyoda’s Own Technologies ACETICA Process Acetic Acid By-product CO2 Urea Plant Urea

Gas Ammonia Natural Processing Gas Synthesis Ammonia Plant CO2 Reforming Process HiCOT Reformer Furnace ACETICA Process Methanol Methanol Synthesis CO2 reforming process is a synthesis gas HiCOT reformer furnace makes use of ACETICA process is a new acetic acid

production process which uses CO2 as a high temperature air combustion production process by the carbonylation feed gas. This process is more effectively technology with an invisible flame. This is of methanol in a heterogeneous catalyst Acetic Acid Plant Acetic Acid applied to production of carbon a compact furnace which will reduce fuel system. Chiyoda has developed a bubble monoxide (CO) and low hydrogen to CO consumption by around 40% and NOx column reactor to remove the reaction Syn Gas molar ratio of synthesis gas. By using this emissions by around 70%. heat efficiently, and a resin catalyst that MTG Plant Syn Gasoline Generation (Methanol to Gasoline) process around 20% of natural gas can has high activity, selectivity and stability. be saved to produce CO in comparison MTO Plant Olefins with conventional steam reforming (Methanol to Olefin) process.

DME Synthesis DME

Ordinary Flame Region HiCOT Region (Air ratio 1.3) ACETICA Resin Catalyst F-T Synthesis Synfuel Courtesy of Nippon GTL Technology Research Association (Air ratio 3.0)

Courtesy of RasGas CO2 Reforming Process

3 3 4.7 MMTPA LNG Plant 68,750 Nm /Hr H2 Plant Fertilizer Complex 2,500 T/D Methanol Plant GTL Demonstration Plant (500 BPSD) HiCOT Demonstration Plant (H2:1,200 Nm /Hr) ACETICA Demonstration Plant (36,000 T/Y) (1,500 T/D Ammonia & 1,725 T/D Urea)

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