1. Building On Success BRASS LNG

2. Brass Nigeria Brass LNG

3. Brass Concept, Location NAOC Joint Venture Brass Oil Terminal Initial Train - 5 MTPA Phillips Optimized Cascade LNG

4. Commercial Structure Upstream Gas Supply LPG Facilities LNG Facilities Upstream Gas Sales FOB and CIF Sale to end buyer Upstream Joint Venture Nigerian National Petroleum Corporation60% Nigerian Agip Oil Company20% Phillips Oil Company (Nigeria) Limited20% New Brass LNG Company (current sponsors) Nigerian National Petroleum Corporation Nigerian Agip Oil Company Phillips Oil Company (Nigeria) Limited

5. ConocoPhillips LNG Trade US Demand Projection Europe Demand Projection *Projections are the average of CERA “Global LNG” Study Forecasts

6. ConocoPhillips LNG Technology Kenai LNG Plant Over 30 years Operating History Atlantic LNG Setting New Standards Egyptian LNGDarwin LNG Plant, Australia

7. Building On Success END