West Java LNG Terminal

Summary Information Ownership: PT Nusantara Regas Website: Location: West Java, Indonesia Capacity: 3.0 million tons/annum Status: Under Construction Brief Description The project scope involves the conversion of Golar Energy's 1977 built LNG carrier Khannur into an FSRU with 500 MCFD (million cubic feet per day) regasification capacity (approximately 3.8 MTPA) and the provision of associated mooring infrastructure. Technical Details Storage capacity: 125,000 m3 Unloading capacity: Send out capacity: 500 MCFD (million cubic feet per day) Constructor: Golar LNG Energy Limited has been selected as the successful bidder in the PT Nusantara Regas tender for the West Java Floating Storage Regasification Terminal. The contract, which is still subject to final terms and conditions, will be for an initial period of approximately 11 years and comprises the lease of a floating storage and regasification unit ("FSRU") and associated mooring. Golar Energy will convert the tanker LNG Khannur to an FSRU for the project. Jurong Shipyard, has secured an approximately S$20 million contract from Golar LNG Energy to convert the LNG Khannur, a Liquefied Natural Gas (LNG) tanker, to a Floating Storage and Regasification Unit (FSRU) to be renamed West Java FSRU Licensor: Ongoing Projects/Project Status Contract awarded in October 2010 Completion expected in January 2012 Suppliers / Customers Suppliers: INPEX and its partner Total E&P Indonesie, operator of the Mahakam PSC, signed a Heads of Agreement with PT Nusantara Regas for the supply of 11.75 million tons of Bontang LNG over the period of 2012-2022 to the West Java LNG terminal Mitsui O.S.K. Lines & PT Trada Maritime Tbk have a contract to provide transportation Customers: LNG is to be used to meet domestic demand, especially for PLN power plants History 2010 - Contract awarded for construction 2011 - Jurong Shipyard awarded conversion contract 2011 - Construction started 2012 - First cargo arrives at the terminal Other Information The West Java FSRU Project will be Indonesia's first LNG regasification terminal and represent the world's first FSRU project in Asia. Relevant Links Wärtsilä FPSO References INPEX signs Heads of Agreement with PT Nusantara Regas for the LNG supply to the West Java LNG terminal Golar LNG Energy - West Java FSRU Project Indonesia's first LNG receiving terminal to be delayed to 2012 Golar LNG, PRELIMINARY FOURTH QUARTER AND FINANCIAL YEAR 2010 RESULTS LNG Khannur In Jurong Shipyard For FSRU Conversion Pertamina - PGN Start LNG for Domestic Pioneer Project MOL Wins Order for Indonesia's 1st Coastal Transport Project Pertamina Ready to be the Backbone of National LNG Utilization