GE Oil & Gas - Gas/Electric Partnership

1 Freeport LNG Liquefaction Project The 2015 Gas/Electric Partnership Conference XXIII Houston, February 17-19, 2015 GE Oil & Gas 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. GE Oil & Gas General Electric Company, 2015. GE Proprietary Information - The information contained in this document is General Electric Company (GE) proprietary information. It is the property of GE and shall not be used, disclosed to others or reproduced without the express written consent of GE, including, but without limitation, it is not to be used in the creation. manufacture. development , or derivation of any repairs, modifications, spare parts, or configuration changes or to obtain government or regulatory approval to do so, if consent is given for reproduction in whole or in part , this notice and the notice set forth on each page of this document shall appear in any such reproduction in whole or in part.

2 The information contained in this document may also be controlled by the US export control laws. Unauthorized export or re-export is prohibited. 2 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Existing Regas facilities 3 Two full-containment 160,000 m3 LNG storage tanks Seven vaporizer trains capable of delivering + Bcf/d of gas Unique ambient-air heating system complemented by gas-fired heaters State-of-the-art marine dock facility to accommodate largest LNG tankers built Boil-off gas reliquefaction equipment with a capacity of MMcf/d miles of 42-inch pipeline to Stratton Ridge Underground gas storage cavern at Stratton Ridge 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary.

3 Refer to clause on page 2. Liquefaction projects 4 2015 General Electric Company 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Project status and timeline Department of Energy (DOE) LNG Export Licenses in Place 1,022 Bcf/year ( Bcf/day) to Free Trade Agreement (FTA) countries 657 Bcf/year ( Bcf/day) to non-FTA countries FERC Approval Received in November 2014 All other federal, state and local permits in place Debt and equity financing for Trains 1 & 2 closed November 2014 Final Notice to Proceed to EPC contractor on December 1st , 2014 Train 3 FID targeted for 2Q 2015 Commercial operations Train 1: 9/2018 Train 2: 2/2019 Train 3: 8/2019 5 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary.

4 Refer to clause on page 2. Liquefaction site New facilities, integrated with the existing LNG import terminal, to include: Three liquefaction trains, each producing approximately MTPA of LNG and gas pretreatment facilities A third LNG tank with 160,000 cubic meters of capacity and a second marine dock with dual capability of loading and unloading GE is providing motors, drives and compression systems 6 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Technical highlights FEED/EPC Contract Trains 1 & 2: JV between CB&I and Zachry Industrial Train 3: JV among CB&I, Zachry and Chiyoda APCI liquefaction technology 7 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary.

5 Refer to clause on page 2. E-LNG Systems overview 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Potential solution for eLNG .. integrated power Generation, Liquefaction and Auxiliary Services GE ability to provide complete eBOP Scope of supply 9 EM + CC Electrical motor with Variable speed drive systems (VSDS) or soft starter system (SSS) to 100+ MW Energy Management System power conversion Generators power conversion MV Motors power conversion Motor Control Industrial Solutions MV Drive power conversion Distribution Transformer Digital Energy Protection & Control Digital Energy LV / MV Switchgear Industrial Solutions E-House EM / Oil & Gas Compressors Oil & Gas Gas Insulated Switchgear Digital Energy Fr7 + CC + EM Fr9 + EM + CC Gas turbines to 160 MW (ISO) as main drives with starter/helper motor EM + GB + CC Fixed-speed motor or VSDS for CO2 reinjection or boil off gas.

6 Fixed-speed motor or VSDS for end flash gas and booster / fuel gas Electric Motor Auxiliary Services GT Starter / Helper 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Systems Integration: Key for success Capability to evaluate interactions between mechanical and electrical systems (torsional, flessional) Expertise to Integrate Systems for Customer Success 10 2015 General Electric Company Torque Freq. Electrical + Mechanical System Integration + Proven System Integration Expertise Mechanical System Integration + Proven Technology GT MD Solution EM Solution SYSTEMS EXPERTISE EM Centrifugal Compressors Electric System Gas Turbines Centrifugal Compressors 2015 General Electric Company General Electric Company (GE) proprietary.

7 Refer to clause on page 2. From Network to Shaft End Complete system expertise 11 System Design Manufacturing Installation Commissioning Training After Sales Services E-House, HV Distribution, LV Distribution, Metering, .. Network analysis Transformer design Motor design Filter optimization Inverter design System analysis Efficient energy conversion Full power availability independent from ambient conditions Enhanced compressor and driver performance Compact design with reduced weight No flaring start-up capability Highest availability .. Robust and reliable design Easy of integration, use and maintenance Complete Electrical System Providers 11 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2.

8 Large VSDS evolution 12 M M LCI SD7000 Synchronous Motor VSI mv7000 Synchronous or Induction Motor Transforming eDrives solutions for eLNG + Harmonic filter not required, improved network stability and grid integration, grid power factor> , no inter-harmonics to the grid. + Reduced torque ripple at shaft level, no risk of torsional vibration through GE system integration + High voltage output to minimize interfaces, with a power factor for a synchronous motor equal to 1 + Less components .. reduced footprint and increased system reliability. 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Engineering responsibility 13 Impact on the grid Network Harmonic filter sizing & tuning Fault level studies Voltage dip calculation Protection co-ordination studies (ETAP simulator) power management system configuration (EMS / PMS) Harmonics rejected by the VSDS to the grid (IEEE519) Harmonics and inter harmonics interaction studies Load Flow Analysis Transient and dynamic stability studies Cable specification Performance on the shaft System performances studies ( power vs.)

9 Speed / Torque Vs. Speed) Torque pulsations on the load machine Shaft line torsional analysis Earthing studies Rotor dynamics Analysis Environment and site conditions Customer Standards & Specifications From grid to shaft line 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Chosen Configuration 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. Compression Train Composition 15 VSDS EM VSDS EM VSDS EM Propane x1 LP Mixed Refrigerant x1 MP/HP Mixed Refrigerant x1 75 MW 75 MW 75 MW 2015 General Electric Company 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2.

10 Imagination at work. W e fuel the future. At GE we deliver innovation across the entire LNG value chain. In collaboration with our customers, we push the boundaries of technology to bring energy to the world. 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2. 17 Clayton Finney LNG Business Development Manager +1 (214) 906-9068 Zdenek Gerych Public Relations Manager +1 (713) 333-4240 2015 General Electric Company General Electric Company (GE) proprietary. Refer to clause on page 2.