For further information, please contact:

PETRONAS Group Strategic Communications Petroliam Nasional Since our establishment in 1974, we have Level 70, Tower 1, Twin Towers not stopped pursuing new solutions and City Centre, 50088 Kuala Lumpur, Berhad (PETRONAS) pushing boundaries across the entire Tel: +603 2051 5000 is one of the few oil and gas value chain. We continue to strengthen our portfolio through Fax: +603 2026 5050 national oil companies technological advancements, operational www.petronas.com in the world that has excellence and by being a responsible corporate citizen wherever we set foot. PETRONAS’ Listed Subsidaries: transformed itself • PETRONAS Chemicals Group Berhad - www.petronaschemicals.com into being a leading Unlocking potentials and adding value to • PETRONAS Dagangan Berhad - www.mymesra.com.my oil and gas resources are what our diverse, • PETRONAS Gas Berhad - www.petronasgas.com multinational of choice resilient and competent workforce strives • MISC Berhad for Logistics and Maritime - www.misc.com.my to deliver each day. and ranked amongst the • KLCC Property Holdings Berhad - www.klcc.com.my largest corporations on Why do we do so? Because we are ®. inspired – to meet the world’s growing Please visit our Corporate Website for more information on our other businesses energy needs, while weaving each pursuit and related subsidiaries. into enduring stories.

©2016 PETROLIAM NASIONAL BERHAD (PETRONAS) (20076-K) All rights reserved. PETRONAS makes no representation or warranty, whether expressed or implied, as to the accuracy or completeness of the facts presented. PETRONAS disclaims responsibility from any liability arising out of reliance on the contents of this publications. OUR UPSTREAM STORY PROVEN CAPABILITIES TO MAXIMISE VALUE PIONEERING DEVELOPMENTS IN GAS The complex also houses the world’s first In Malaysia, we are the custodian of the The world’s demand for as a onshore Boil-Off Gas (BOG) re-liquefaction nation’s oil and gas resources, with a long- greener energy resource is steadily increasing facility, allowing the commercialisation of up to term commitment to maximise its value for the with industrial and power sectors majorly eight cargos per annum from BOG. progress of the nation. contributing to the spike in consumption. With solid expertise across the LNG value From this deep-rooted pledge, we’ve expanded While supply is abundant, it calls for a player chain, we are able to design and build the our exploration and production capabilities with end-to-end capabilities to ensure that the world’s first floating LNG facility, the PFLNG and earned reputable operatorship the world resource is responsibly managed and delivered Satu, an engineering feat of the century that over, running more than 216 producing in a timely manner – one who knows gas makes capturing and monetising reserves from fields with over 381 offshore platforms today. long and well enough to be a game remote fields possible. changer and offer competitive value to its (Read more in Our Technology Story) With a broad portfolio of resources and play customers. types, we operate as a fully-integrated Our entry in unconventional plays from coal business with an added advantage Our LNG has powered Asia’s major cities of bed methane in Australia to in of niche expertise across the oil and gas value Japan, Korea and China for over three decades Canada are strengthening our gas portfolio chain. with a trusted portfolio and cutting-edge further, enabling us to offer the best value to (Read more in Our Technology Story) technologies that keep our customers satisfied. customers from 55 supply points around the globe. We are the LNG pioneers and the third largest in the region, recording the timely delivery of over 10,000 LNG cargos and counting. Our PETRONAS LNG Complex in , is one of a handful single-site facilities of such magnitude in the world, which provides end-to-end production to delivery point solutions.

HERE IS OUR UPSTREAM STORY Wherever we operate, the trust gained from our stakeholders is returned through excellent and responsible delivery of our operations.

PETRONAS’ operations in Garraf, Iraq is anticipated to reach peak production of 230,000 bpd. OUR DOWNSTREAM STORY We strive not only to meet the demand …TO MEET THE NEEDS OF TOMORROW. TRANSFERRING VALUE FROM RACE of our customers, but to do so efficiently We’ve grown to be the regional market TRACKS TO ROADS and competitively. This propels us to play leader for products. As the We have been on a relentless pursuit on a strategic role in enhancing the value of world is fast evolving, we ensure that we the ™ track and a Technical molecules through an integrated operation, are always ready with a diversified product Partner for the MERCEDES AMG PETRONAS on the foundation of being operationally and portfolio at hand. With integrated facilities Formula One™ Team since 2010. Today, commercially excellent. and infrastructure, we are able to meet PETRONAS is the Fluid Technology our customers’ changing needs with no Solutions™ provider supplying We insist on keeping close proximity to our compromise on value and quality. lubricant (PETRONAS Syntium), customers so as to serve them well. Our (PETRONAS Primax) and functional presence spans over 70 countries This explains why we are the #1 for fluids (PETRONAS Tutela) to the through almost 30 representative and methanol, #3 for ethylene glycol and : the triple consecutive marketing offices for lubricants and #4 for urea by production capacity World Constructors’ Champion products, and over 2,000 retail in South East Asia. 2014-2017. stations in Malaysia, South Africa as well as sub-Saharan Africa. Anticipating population growth especially in More importantly, the valuable experience and Asia, increasing urbanisation and rise of the repeated successes gained from this intense ENHANCING VALUABLE RESOURCES new middle class with higher purchasing sport enable us to transfer knowledge and HERE IS OUR TODAY… power, we are expanding our focus on key insights from cars at the race tracks to vehicles Our world class facilities comprise three growth areas of differentiated and specialty on the roads. This is part of our relentless refineries (570 kbpd capacity); 11 blending chemicals, to capture the growing demand pursuit to meet and add value to the needs of DOWNSTREAM STORY plants (615,000 mtpa); 18 petrochemical from automotive, pharmaceutical and our valued customers. manufacturing plants and two fully integrated consumer products sectors. This will come on- (Read more in Our Technology Story) We enhance the value of molecules and enrich complexes (10.8 million mtpa). stream once the Refinery and Petrochemical more lives through a wide range of touchpoints Integrated Development (RAPID) – set to be In addition, we have gas infrastructure and the largest of such development in a single that cater to customers’ needs. utilities, involving gas processing and utilities, location – is fully operationalised in 2019. as well as gas transmission and regasification. (Read more in Our Technology Story) Within Peninsular Malaysia, we process natural gas from offshore fields and transport them to More than 1,000 PETRONAS stations nationwide are also the “Go-To-Safety customers in Malaysia and Singapore through Points”, a joint initiative with the Royal Malaysia Police in creating safer spaces the Peninsular Gas Utilisation (PGU) pipeline for the public. network spanning across 2,500 kilometres. OUR TECHNOLOGY STORY UNLOCKING NEW OPPORTUNITIES CAPITAL PROJECTS THAT SPUR INNOVATION Through strategic research and development Our capital projects are hotbeds for (R&D) activities in highly specialised areas, technological innovations. Our world’s first we pursue technologies with keen foresight, floating LNG facility – the PFLNG Satu enables unlocking new opportunities once considered us to monetise reserves in remote fields, where impossible. 60% of the world’s reserves reside. The 22 modular systems fitted into a 365-metre long Today, we have acquired the ability to identify vessel is able to 0treat, liquefy, store and offload and unlock new opportunities in new basins. gas offshore from water-depths up to 200 Our algorithm knowledge and metres. It passed the test of waves, winds and capabilities in Geoimaging made sea currents to be able to produce 1.2 mtpa of new forays in seeing the unseen; LNG for 20 years without dry-docking. better than others. The technology enables greater accuracy in identifying With Pengerang Integrated Complex (PIC) in resources through advances in Subsurface Johor, Malaysia in full operation by 2019, we Imaging and Quantitative Geophysics. Without will be able to process 300,000 bpd of crude having to shut down production wells in oil into the fuel of the future like Euro 5 Diesel, Sarawak, Malaysia; PETRONAS successfully specialty chemicals such as new generation acquired the first in Asia Pacific, Distributed of polymer and glycol, as well as 2.64 mtpa of Acoustic Sensing 3D VSP simultaneously with petrochemical products (excluding merchant) 3D multicomponent Ocean Bottom Seismic. of superior quality. By integrating proactive sensors in reservoirs and surface seismic, we’ve overcome gas cloud The Samur project in , Malaysia is a world imaging problems to produce high resolution scale green field project leveraging on cutting subsurface images. edge technologies to produce urea and fertiliser up to 2.6 mtpa. Technology has also enabled us to bring back to life and increase resource recovery rate THE WINNING FORMULA PARTNERSHIP in fields that were considered depleted. We We began the race for the Winning Formula are spearheading innovations in Enhanced over 20 years ago and since 2010, embarked on Oil Recovery (EOR) technology, with the first a strategic collaboration with the MERCEDES deployment of EOR – Water Alternating Gas AMG PETRONAS Formula One™ Team which (WAG) production in 2014. We have raised marked a new era of historical wins of the the bar once again by extending field life World Constructors’ Championship for four and improving oil recovery, this time with consecutive years (2014-2017). Gravity Assisted Simultaneous Water Alternating Gas (GASWAG) EOR. Our pursuit has gained us something priceless – The world’s first of such EOR technique was the building of human and technical capabilities HERE IS OUR successfully deployed in Sabah which improves through research and development (R&D) and the field’s resource recovery rate for the next knowledge transfer exercises in a speed and TECHNOLOGY STORY 20 years. intensity as gruelling as Formula One™ itself. Through our wide-ranging operations, we’ve This has led to the creation of the Winning We pursue technologies with keen foresight, built an extensive engineering solution suite Formula - PETRONAS Fluid Technology unlocking new opportunities once considered that optimises life-cycle costs, provides safety Solutions™, the ever evolving quest for superior assurance and enhances asset integrity in our fuel, lubricant and functional fluids:- impossible. capital projects. With these and many more exciting technologies continuing to unfold, PERFORMANCE ™ PETRONAS’ move into the future has elevated PETRONAS Syntium engine oil with °CoolTech that fights excessive engine heat for a trouble free drive. our human capital capabilities to new heights, EFFICIENCY By integrating proactive sensors in reservoirs and surface seismic, geared to unlock more new opportunities. we’ve overcome gas cloud imaging problems to produce high PETRONAS Primax fuel with Advanced Energy Formula that drives superior acceleration and economy. resolution subsurface images. RELIABILITY PETRONAS Tutela Energy Recovery System (ERS) cooling fluid that overcomes the build-up of heat in ERS. OUR SUSTAINABILITY STORY Global Gas Zero Continuous Flaring at Sumandak Flaring Field and Significant Flaring Reduction SUSTAINING OPERATIONS SUSTAINING INDUSTRY COMPETITIVENESS Reduction at Erb West Field, both in Sabah, Focus on Health, Safety and Environment (GGFR) Malaysia. Technology and innovation will continue to Partnership (HSE) remains our top priority. We continue to be PETRONAS’ key differentiators to remain Excellence enhance our HSE culture by instilling strong competitive. (Read more in Our Technology Story) Award 2015 operational discipline and compliance with PETRONAS’ HSE standards such as the Zero Renewable Reduction of GHG emissions of Energy 10,192 tCO with photovoltaic (PV) Tolerance (ZeTo) Rules. The Cost Reduction Alliance 2.0 (CORAL 2.0), 2e an industry-wide, long-term collaboration Solution technology applied in PETRONAS Solar Independent Power Producer With the establishment of PETRONAS Code across Malaysia’s upstream sector was initiated Project in Pahang, Malaysia, rooftops of of Conduct and Business Ethics (CoBE), to optimise costs, increase efficiency and drive Suria KLCC in Kuala Lumpur, Malaysia employees, directors and third parties working innovation. The alliance achieved a cost saving and PETRONAS commercial stations. for or on behalf of PETRONAS are governed of RM2.4 Billion in its first implementation year. Floating Reduction of scheduled waste to uphold the highest level of integrity and Suction and disposal by recovering oil before business conduct with a dedicated Intermediate water is drained into the interceptor at We are committed to responsibly manage whistleblower helpdesk for stakeholders to Tank Bayan Lepas Aviation Fuel Terminal in submit enquiries or report breaches of the impact related to the environment through our Penang, Malaysia. CoBE: [email protected] diverse operations and locations. Multi-Level Removal of remnants of untreated Bioreactor contaminants that improves discharge Programme quality and minimises maintenance needs for stations in remote areas of sub-Saharan Africa.

SUSTAINING CORPORATE SOCIAL • More than 36,000 students have • Providing access to uninterrupted clean INVESTMENTS benefited from our Education Sponsorship water supply and instilling awareness on the PETRONAS’ global presence demands a fair Programme. need to conserve water for close to 8,000 and wholesome attention throughout the families from 14 rural communities via the diverse states, regions and countries we • Establishment of education and learning Water for Life programme. operate in. These Corporate Social Investments institutions as epicentres to create a steady are strategically allocated through the three stream of highly skilled and competent ENVIRONMENT pillars of Education, Community Wellbeing and industry workforce, well into the future. • Establishment of Biodiversity Research Development as well as Environment. Facilities and Conservation Efforts through COMMUNITY WELLBEING AND the development of Imbak Canyon EDUCATION DEVELOPMENT Conservation Area in Sabah, Malaysia PETRONAS focuses on nurturing students • Empowering 4,600 youths from 200 and ecoCare programme in , across primary, secondary and tertiary schools to apply creativity and innovation in Malaysia. education to proactively develop talents for the enhancing livelihood of local communities • Planting of close to 14,000 mangrove oil and gas industry. through the All About Youth Programme. seedlings on 11,000 sqm of area along the Kertih River in Terengganu, Malaysia under ecoCare, Environmental Education Centre. HERE IS OUR EDUCATION AND LEARNING INSTITUTIONS 1,750 Artificial Reefballs - Epicentres of Highly Skilled and Competent Workforce deployment in stages at the -Sibuti SUSTAINABILITY STORY PETRONAS LEADERSHIP CENTRE (PLC) Coral Reefs Park in Sarawak, Malaysia Top corporate learning hub for industry leaders of the oil and gas industry through the PETRONAS Eco-Marine We are mindful that we co-exist in a larger world, Conservation Project. UNIVERSITI TEKNOLOGI PETRONAS (UTP) and therefore invest in its future as well as in its Malaysia’s leading university offering industry-relevant engineering, science and technology present, precious moments. programmes at undergraduate and postgraduate levels INSTITUT TEKNOLOGI PETRONAS (INSTEP) Industry renowned technical training and certification centre for the oil and gas industry with Asia’s only live simulation training facility Building the Flood Alert System for the Tamparuli bridge in Sabah, Malaysia - this group of youths are amongst the thousands that are applying their creativity and KIMANIS PETROLEUM TRAINING CENTRE (KTC) Technical training and certification centre for local Sabahans innovation in making an impact in their own communities. AKADEMI LAUT MALAYSIA (ALAM) Malaysia’s only full range maritime shipping related training and certification centre for seafarers