Bart%20lavent

Bart Lavent – Managing Director LNG Infrastructure @ EXMAR

LNG Infrastructure in the Caspian Sea

EXMAR Organization Fully integrated turnkey solution provider

Private & Confidential

2

EXMAR’s LNG and Terminal Activities Years of Innovation in Floating Terminal Solutions

1978

2002

2003

2005

2006

2008

2011

2016

2016

Delivery of 130,000 m³ LNGC Methania

Delivery of 138,000 m³ LNGC Excalibur

Delivery FPSO “Farwah”

Delivery of first LNG regas vessel “Excelsior”

First

FLNG strategic partnership Black & Veatch

Delivery FPS “OPTI-EX” to LOGG USA

World’s first FLNG for PRE

World’s first regas barge

Total Libya

offshore LNG STS transfer solution

Private & Confidential

3

Innovating Along the LNG Value Chain

Power Plant

World’s first: Caribbean FLNG

World’s first: FSRU Excelsior

World’s first: STS transfer

Private & Confidential

First Regas Barge on order 4

World’s First FLNG ready in 1H 2016 Launching Ceremony – 19 Nov 2014

5

Providing FSRU’s since 2005 EXMAR is experienced in all type of technical and operational solutions

Escobar, Argentina, Jetty-moored

OLT Toscana, Italy, Turret-moored

Bahia Blanca, Argentina, Jetty-moored

Gulf Gateway, USA, Buoy-moored Private & Confidential

6

Innovative Barge-Based Floating LNG Receiving Solutions Flexible supply chain models though modularization of proven technology FSU offloading

Partial LNG cargo offloading

Demurrage Offloading

Small or Mid-Scale LNG Supply Private & Confidential

7

Advantages floating LNG

Fast track – Enables earlier market access Competitive – Reduction of investment cost Price-Stable – Lower risk of cost blowouts Quality – Controlled shipyard environment Flexible – Floating asset can be redeployed Less restrictions – safety and environmental conditions

Private & Confidential

8

LNG Opportunities in the Caspian Sea • Domestic Consumption in Azerbaijan • Regional LNG supplies in the Caspian Sea through FLNGs and FSRUs • Other gas offtakers

14/10/2015

Private & Confidential

9

Potential LNG Hub in Azerbaijan

14/10/2015

Private & Confidential

10

Conclusion EXMAR provides turnkey floating LNG solutions, tailored to the needs of the client

Barge-Based FLNG is ideal for regional LNG supply chain in Caspian Sea EXMAR has the broadest operational experience in Floating LNG Units

Small scale LNG shipping to link supply and demand sources in Caspian Sea Barge based LNG Imports & Exports as lean-and-mean LNG solution

EXMAR has a unique FLNG learning curve since 2008

EXMAR is world leader in providing FSRU solutions

Private & Confidential

11

Questions & Answers

14/10/2015

Private & Confidential

EXMAR