INTER TERMINALS LTD Liquid Waste Solutions for the Shale Gas Industry 18 March 2015

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Inter Terminals Wholly owned subsidiary of Inter Pipeline 12 Bulk Liquid Storage Terminals in UK, Germany, Denmark and Ireland Largest multi-site storage operator in the United Kingdom Bulk Liquid Storage: Operational Geography Combined Storage Capacity of over 3 million m³ In 2014, handled over 4.5 million tonnes > 116K road vehicles > 6.5K pipeline transfers > 7.3K railcars > 1.5K ships > 1.2K drums Over 250 different products / blends handled for a wide range of customers

Inter Terminals Assets 7

Sectors Bulk Liquid and Gas Storage and Logistics expertise for… Upstream and Downstream Oil and Gas Full range of refined Petroleum products Biofuels Chemical Manufacturing Chemical Distribution Potable Alcohol Fertiliser Industry Waste Industry

Skills Intermodal logistics capabilities via Ship, Road, Rail or Pipeline Sophisticated levels of Operational capability to meet any storage challenge In-house Engineering Team for bespoke storage and infrastructure needs In-house Automation Team with purpose built software TASCS (Terminal Automated Stock Control System) 12 Safe storage and handling for leading players

Knowledge Top Tier COMAH Sites ISO Consecutive Years RoSPA Safety Awards CDI-T Inspected Terminals EPR and RSR Permits Regulated by the Environment Agency to store hazardous waste liquids including NORM Produced Waters arising from North Sea Exploration, Production and Decommissioning Active industry memberships with FPAL and Decom North Sea Safe, compliant storage and handling as part of a total waste management package Increased demand reflects stricter environmental legislation 13

14 Operational Excellence Inter Terminals achieve operational excellence through maintaining continuous focus on the safe, compliant and reliable operation of all assets and processes. Strong performance and reputation as market leader helps strengthen commercial position, and promotes long- term business sustainability

Onshore Disposal Why dispose Onshore? European Parliament introduced a new Directive in 2008 on waste and repealing Directives, seeking measures to protect the environment and human health by controlling waste disposal Offshore Produced Waters may contain NORM and are classed as Hazardous Waste, falling within the Hazardous Waste Regulations 2009, requiring movement monitoring by the Environment Agency Source: Source: Oil & Gas UK 2012 Decom Insight

Our Supply Chain Role Liquid Waste Management solutions for Offshore or Onshore Exploration/Production/Decommissioning/Shale Gas/Flowback Water needs Dedicated storage and pipelines Product received 24/7 Deep water jetties Fast turn around times for vehicle loading facilitating onward delivery Potential on-site Treatment Strategically located close to onward third party Treatment Plants …Flexible Liquid Waste Handling Capabilities 16

Shale Gas Storage Hub for Flowback Waters / Produced Waters Hazardous / Non Hazardous / NORM liquid waste streams Natural in-tank separation of Hydrocarbons Receipt of product via Road / Rail / Pipeline / Barge - 24/7 Potential for Strategic Rail / Barge Movements, assisting with less traffic congestion (subject to associated permitting and plant capacity) ‘Commingled’ opportunities for Flowback Water Storage On-site treatment facilities (currently non NORM) with disposal to salt water estuaries for this highly saline waste stream OR recycling opportunity to blend treated water back into a Frac Fluid Collaboration sought to invest in Industry specific technology to provide a waste water recycling service, potentially looking at:- Technologies to remove Isotopes from NORM contaminated waste streams Investment of additional on-site Treatment Facilities Chemical separation technologies Flexible organisation with quick decision making processes. Opportunities….. 17

Contracting Product characteristics, density and viscosity EWC code/product specification Origin and destination Your logistics Capacity requirements Contract Timescales Flexible contract terms to suit onward business requirements Corporate commitment to build strategic customer focused working partnerships Confidentiality is key to our role within competitive industries What we need to know…

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