Amur GCC Project

Amur GCC project

June 2018 0 140 AMUR GCC: WORLD-SCALE ETHANE PYROLYSIS AND PE PRODUCTION 149 153 204 + potential partners 0 208 Amur GCC C2 (ethane) for Amur GCC Amur GCC 208 Three PE units Pyrolysis 208 Ethylene of 500 kt

1.5 mt

4 each

– С

3 Chayandinskoye 242

С field

Helium 242 Methane 242 178 SALES MARKETS 210 216 255 Skovorodino Kovyktinskoye 192 field 0 192 Svobodny 0 Irkutsk Blagoveshchensk Heihe Khabarovsk 0 229 China 242 Jiamusi 242 128 Harbin Mongolia 128 128 245 Amur GCC will process ethane sourced from Gazprom’s GPP 138 31

Amur GCC June 2018 2 0 140 THE AMUR GCC WILL LEVERAGE CUTTING-EDGE TECHNOLOGIES... 149 153 204 0 208 Process flowchart, kt 208 208

HDPE/LLDPE 242 500 242 242 178 Ethane Ethane Ethylene HDPE/LLDPE 210 pyrolysis 216 c. 2,000 1,500 c. 1,500 500 255 192 0 HDPE 192 0 500 0 229 242 Butene-1 242 128 128 128 ... supplied by the world’s leading licensors 245 138 31

Amur GCC June 2018 3 0 AMUR GCC PRODUCTS WILL ENJOY DEMAND ACROSS A BROAD RANGE 140 149 OF INDUSTRIES 153 204 Key areas of HDPE and LLDPE application 0 208 Automotive industry Agriculture 208 208

242 242 242 178 210 Construction Food packaging 216 255 192 0 192 0 0 229 Transportation and Household goods 242 242 industrial packaging 128 128 128 245 138 31

Amur GCC June 2018 4 0 AMUR GCC WILL BE BUILT IN THE AMUR REGION, WHICH IS ALREADY HOME TO A 140 149 NUMBER OF MAJOR INVESTMENT PROJECTS 153 204 0 . The Amur Region in Russia's Far East is located near the Russian- 208 Chinese border 208 208 . The region spans 361,913 km2 and has population of around 242 800,000 people. Blagoveshchensk, the capital of the region, is 242 located 150 km from the project site 242 178 . The Vostochny spaceport is another landmark project based in the 210 Amur Region, in addition to Amur GCC and Amur GPP 216 255 192 . Flowing through the region are the Amur and Zeya Rivers, the 0 climate is mostly continental. The Amur Region has surplus power 192 capacity, it can be reached via the Trans-Siberian Railway or Baikal– 0 Amur Mainline 0 229 242 . Amur GCC’s project site is located on a relatively flat stretch of land 242 far from any populated area, which eliminates the risk of affecting 128 local communities 128 128 245 138 31

Amur GCC June 2018 5 0 PROJECT HIGHLIGHTS AND MILESTONES 140 149 153 204 Key highlights 0 208 . World-scale ethane pyrolysis with the capacity of 1.5 mt and three PE 208 units equipped with state-of-the-art technology 208 . The target markets are China and Southeast Asia, where the demand is 242 growing rapidly 242 . The plant is located in the Amur Region not far from Amur GPP and the 242 Chinese border 178 210 . Competitive feedstock prices comparable to those in regions with low 216 production costs thanks to a long-term ethane supply contract with 255 Gazprom 192 0 Milestones 192 . A separate legal entity incorporated (Amur GCC LLC), project team 0 approved 0 229 . Ethane supply contract signed with Gazprom at SPIEF in May 2018 242 . The final investment decision to be made no sooner than H2 2019 242 128 . The plant will be ready for pre-commissioning and commissioning in 128 time for the construction of the fourth production line of Gazprom’s 128 Amur GPP (no sooner than 2024) 245 138 31

Amur GCC June 2018 6