Chiyoda’s World Wide OVER 40%＊ LNG Project Experiences

＊：Plant capacity awarded since 2005

Sabetta, Russia Ras Laffan, ■Yamal LNG ■RasGas Train 1&2 ■Qatargas Debottlenecking Train 1/2/3 ■Qatargas 3/4 Train 6&7 Yamal LNG 2013, ★ RasGas 1995 Qatargas 2003, 2004, 2005 & ■Qatargas Train 1&2 ■RasGas Train 5 ConocoPhillips Qatar Ltd. 2005, Qatargas 1996 RasGas (II) 2004, 2006 Qatargas 2010 Sakhalin Island, Russia ■Qatargas Train 3 ■Qatargas II Train 4&5 ■Qatargas Plateau Maintenance ■YSakhalin Train 1&2 Qatargas 1998 Qatargas (II) 2004, 2008, 2009 Qatargas 2014 Shell Global Solutions 2001 ■RasGas Train 3/4 ■RasGas Train 6/7 Sakhalin Energy 2008 RasGas (II) 2000, 2003, 2005 RasGas (3) 2004, 2009 ■Sakhalin Train 3 Shell Global Solutions 2016 Qalhat, Tangguh, Kitimat, Canada Sabine Pass, USA Das Island, U.A.E. Oman Indonesia ■LNG Canada ■ ■ADGAS Train 1&2 Golden Pass LNG ■Oman Train 1&2 ■Tangguh LNG LNG Canada 2015 ADGAS 1972, 1976 Golden Pass Products ★ Oman LNG 2000 PERTAMINA 2001 ■ADGAS Train 3 ■Oman Train 3 ■Tangguh LNG Train ADGAS 1991, 1994 Shell Global Solutions 2001, 2002 3 BP 2016, ★ ■Qalhat LNG Qalhat LNG 2005 Masela, Freeport, USA Arzew, Algeria Indonesia Bintulu, ■Freeport Train 1&2 ■ ■ CHIYODA Gassi Touil LNG Abadi Floating LNG FLNG Liquefaction Sonatrach 2015 Malaysia INPEX Masela 2014 FLNG Liquefaction2 ★ ■ Train 9 ■Freeport Train3 Damietta, Egypt Petronas 2013 FLNG Liquefaction3 ★ ■Egypt LNG Port Moresby, Union Fenosa 2001 Arun, Indonesia PNG ■Arun LNG Train 4&5 Hackberry, USA ■PNG LNG Train 1&2 PERTAMINA 1983 ■Cameron LNG Bonny Island, Nigeria ExxonMobil 2009 Mid-Scale Cameron LNG ★ Esso Highlands 2014 ■Nigeria Train 1 Bontang, Gladstone, La Brea, Trinidad Tobago Nigeria LNG 1994 Indonesia ■Nigeria Train 7 ■ Australia ■Trinidad LNG Nigeria LNG 2006 Bontang LNG Train-E Atlantic LNG 1995 PERTAMINA 1989 ■Arrow Energy LNG ■Bontang LNG Train-F Shell Global Solutions Cabo Delgado, PERTAMINA 1993 2012 Santos Basin, Brazil ■Bontang LNG Train-G LNG PERTAMINA 1997 ■Petrobras FLNG Mozambique Darwin, Australia ■ Petrobras 2010 Bontang LNG Train-I ■Mozambique LNG PERTAMINA 2001 ■Ichthys Train 1&2 The solution for monetization of gas resource Anadarko 2015 INPEX Browse 2011 ■Mozambique FLNG INPEX Operations ★ Eni 2015 35 FEED/PS projects Scarborough, Australia James Price Point, Australia ＊＊ ■Scarborough FLNG ■Browse LNG 26 EPC projects Esso Australia Resources 2013, 2015 Woodside Energy 2013

＊＊：43 trains, 172 million tons of LNG ★：Ongoing Projects

Company Overview

Over 65 years of project experience in more than 100 countries 42 Completed Trains Constructed 40% LNG Revenues FY 2015 Projects based on LNG 75 Over production in last Decade LNG Receiving 168 Terminal MTPA of LNG 4.0 Billion 800 USD World’s Refinery Constructed

New Orders FY 2015 No.1 Over LNG Contractor 6.2 Billion USD Backlog FY 2015 Over 500 Over Petrochemicals / Chemicals Constructed 11.8 Billion 1,800 USD 8,200 Projects Employees in Other Fields

Chiyoda Corporation Minato Mirai Grand Central Tower 4-6-2, Minatomirai, Nishi-ku, Yokohama 220-8765,

Selected in the FTSE4Good index series www.chiyoda-corp.com 〔As of March, 2017〕 17030200 What is Mid-sized LNG? Each plant consists of a gas treating section (Inlet Liquefaction Process Technology Facility), Acid Gas Removal, Dehydration, Mercu- Definitions for LNG plant size include small, mid ry Removal and Liquefaction where the treated and large plants. Many base load LNG plants for gas is liquefied by refrigeration. Suitable liquefac- international LNG trading in recent years are large tion technology is selected depending on produc- size having a production capacity of 3 to 5 million tion capacity. tons per annum (MTPA) to take advantage of economies of scale. Mega LNG plants of 8 MTPA For 1 and 1.5 MTPA plants, the Single Mixed production capacity are in operation in Qatar to Refrigerant (SMR) process is applied because of liquefy the natural gas from the super large gas its simple plant configuration and low investment field. cost. Conversely, mini or small scale LNG plants of less than 1 MTPA production capacity are in operation for the LNG supply chain in local and domes- For 2 MTPA plants, a Propane Pre-cooled Mixed Refrigerant (C3-MR) process is applied tic areas. An LNG peak shaving plant is o n e application of a mini LNG Plant. because of its improved energy efficiency.

Mid-sized LNG plants, with production capacities in the 1 to 2 MTPA range, to develop Both liquefaction processes are licensed by Air Products and Chemicals Inc. who supply a medium size gas fields and medium size LNG value chains, have the following advantages; special heat exchanger for the liquefaction process.

>> Easier to step in due to smaller investment costs and smaller risks >> Easier to secure long-term product off-takers Modular Construction >> Increased chances of new player the participation Construction schedule and cost largely depend Liquefaction Facility 3D Model on the site location in terms of climate condition, Modular Construction Fastest Project Delivery regulations, environmental requirement, labor availability and cost etc. To minimize such uncer- LNG projects require many stages Fast Path to Best Solution tainties, Chiyoda provides Modular Construction including long design, procure- design as a standard design package. ment and construction periods. Investors constantly seek to recov- The liquefaction facility consists of a Compressor er costs in the shortest time. / Driver module, a Heat Exchanger module and Air-cooler/Pipe-rack modules Chiyoda Mid-sized LNG delivers faster LNG production, shortens payback periods and delivers Lowest CAPEX additional gains for investors, by: Optimized design is embedded into the standard design package to realize the lowest CAPEX >> Seamless Pre-EPC & EPC considering minimum plant layout, minimum pipping/cable length and minimum construction >> Standardized Design work volume without compromising HSSE standards, constructability, operability and maintain- >> Modularized Design ability. The standard design packages are developed on the basis of Chiyoda’s original “LNG Design Standard & Specification”, which are based on the philosophy of “fit for purpose” and “necessary and sufficient for safe and reliable continuous operation”. Standard Design

Chiyoda provides three standard Liquefaction Process Technology LNG Production, Receiving & design packages for mid-sized Regasification Plants LNG plants, each delivering signif- icant schedule improvements: Chiyoda provides comprehensive Support to LNG Business Value Chain Clients from Feasibility, FEED, EPC and O&M >> 1.0 MTPA Production Class for the entire LNG business value chain. >> 1.5 MTPA Production Class >> 2.0 MTPA Production Class