1 CHIYODA July Potentials in Iraq -

2 Copyright © 2012 Chiyoda Corporation. All Rights Reserved. Corporate Vision : Energy & Environment in Harmony  Over 60 years global engineering business  Over 40 years experience in Middle East Same 40 years experience in Iraq  7,350 staffs (Global Basis) ■ CHIYODA at a glance Integrated Engineering & Project Company

3 Copyright © 2012 Chiyoda Corporation. All Rights Reserved. Gas Value Chain Gas Upstream LNG - liquefaction - receiving terminal Synthesis gas Methanol Fertilizer Olefins Aromatics GeneralIndustry Upstream Electronic materials Food processing Flue gas desulfurization Acid gas/CO 2 capture and storage Energy conservation Heavy oil upgrading - grass roots - revamping Metallurgical Refining and Smelting Pharmaceutical Plant & R&D WaterManagement Gas Processing Plant EnvironmentalProtection Petrochemical & Chemical Re ｆ inery Metals & Mining Mining GreenEnergy Pharmaceutical R&D Center Solar Thermal Energy CSP / PV Power PV Module Production Low Power Desalination Wastewater Treatment & Reclamation ■ Business Fields

4 Copyright © 2012 Chiyoda Corporation. All Rights Reserved.  Executed projects in 44 countries  Chiyoda provides optimum solutions for refinery projects  LNG Experience - 25 FEED projects - 24 EPC projects (33 trains, 124 million tons) ■ Global Experience * ： Past 5 years, based on production capacity (including under construction).42.3%*

5 Copyright © 2012 Chiyoda Corporation. All Rights Reserved. NASSIRIYAH Natural Gas Refrigeration & Receiving Unit SCOP Completed Aug., '78 BAIJI NORTH RUMAILA NASSIRIYAH Baghdad IRAQ BASRAH *1 Barrels Per Stream Day *2 State Company for Oil Projects *3 Technical Corps for Special Projects *4 North Refineries Company *5 Standard Cubic Feet per Day *6 Liquefied Petroleum Gas Near Baghdad 140,000 bpsd Petroleum Refinery (Grass-Roots) TECHCORP *3 Suspended NORTH RUMAILA 680 mmscfd *5 South LPG *6 SCOP Completed Jun., '83 ■ Our Experience in Iraq BAIJI Hydrotreater Furnace NRC *4 Contracted Nov., 2011 BAIJI 150,000 bpsd *1 Petroleum Refinery and Offsite Facilities (Grass-Roots) SCOP *2 Completed Jun., '83

6 Copyright © 2012 Chiyoda Corporation. All Rights Reserved.  Feasibility study for Iraq gas chain (South) as technical leader Aug. 6, 2004 – Mar. 31, 2005  Feasibility study for Iraq gas chain (North)Apr. 1, 2005 – Mar. 10, 2006  Technical training course for corrosion & erosion (Done by ChAS, a subsidiary of Chiyoda Corporation) Nov. 14, 2005 – Dec. 18, 2005  Feasibility study 2 for Iraq gas chain (South) as technical leader Feb. 13, 2006 – Mar. 31, 2007 ■ Technical Assistance after 2003 in Iraq

7 Copyright © 2012 Chiyoda Corporation. All Rights Reserved. ■ New Projects in Iraq  Refinery  Gas Oil Separation  Gas Processing  Others

8 Copyright © 2012 Chiyoda Corporation. All Rights Reserved. ■ With Turkish Companies  Turkmenistan― Hydrotreater, Catalytic Reformer (Completion 2000) Consortium Partner : GAMA Scope: Construction  Azerbaijan ― Utility Modernization Project for Ethylene Plant (Completion 2001) Subcontractor : GAMA Scope: Construction  Russia ― Sakhalin LNG Project (Completion 2008) Subcontractor : GAMA and Alarko Group’s Subsidiary Scope: Utility, Offsite (GAMA) Industrial Building (Alarko)  Qatar ― LNG Project (Completion 2010) Subcontractor : GAMA Scope: Site Preparation, Utility and Offsite Courtesy of Sakhalin Energy Investment Company Courtesy of Qatargas Operating Company Limited