1. Confidential & Proprietary -1- Upcoming Cold Projects Distrigaz LNG Terminal in Boston, MA Sabine Pass LNG

2. Confidential & Proprietary -2- Cheniere Energy Trial Insulation Incorporated: contractor Install on 36” line –80mm Cryogel system vs 9.5” (2 layer FOAMGLAS system) Results –For large bore pipe and fittings: 80% faster install rate for Cryogel –For small bore pipe and fittings: 10-20% faster install for Cryogel (note small bore applies when half sections are applied)

3. Confidential & Proprietary Cryogel Installation Demo at the Distrigas LNG Terminal Everett, MA October, 2007

4. Confidential & Proprietary -4- Background Info On 1 st Cryogel Installation by Suez LNG NA Between Friday, October 12 and Tuesday, October 16, crews from Zampell Insulation installed foil-faced Cryogel on a section of piping at the Distrigas LNG terminal in Everett, MA Moored position of boat Install location LNG storage tanks Liquid and vapor lines Scope of work included two 26 ft pipe sections abutting sliding shoes: 24” liquid transfer line 12” vapor return line 12” line 24” line

5. Confidential & Proprietary Installation

6. Confidential & Proprietary -6- Brush Pipe and Existing Vapor Stop with 90-66 Prior to 1 st Piece Photo courtesy Zampell Insulation

7. Confidential & Proprietary -7- Liquid Transfer Line Used 7 Layers (70 mm) Applied In 4 Pieces Photo courtesy Zampell Insulation

8. Confidential & Proprietary -8- Every Vertical and Horizontal Seam Butyl Taped Photo courtesy Zampell Insulation

9. Confidential & Proprietary -9- 90-66 Application On Liquid Line Prior to 3 rd Piece Photo courtesy Zampell Insulation

10. Confidential & Proprietary -10- Installing 3 rd Piece (Layers 5 and 6) On the Liquid Line Photo courtesy Zampell Insulation

11. Confidential & Proprietary -11- Build Cryogel Up to Existing Vapor Stop Diameter At Each End Cryogel diameter Shoe diameter 10 inch Cryogel transition piece Photo courtesy Zampell Insulation

12. Confidential & Proprietary -12- Vapor Stop From Existing Cellular Glass to Cryogel Photo courtesy Zampell Insulation

13. Confidential & Proprietary -13- Finishing Up Liquid Line with Alumaguard Photo courtesy Zampell Insulation

14. Confidential & Proprietary -14- Finished Aerogel Product On LNG and Vapor Lines Photo courtesy Zampell Insulation

15. Confidential & Proprietary IR Survey

16. Confidential & Proprietary -16- Predictions Match Observed Behavior for All Four Systems* * Note that the IR camera used for this study (an Infracam SD from FLIR) does not compensate well for low- emissivity surfaces like Alumaguard. Therefore, although the relative temperature differences between observed surfaces are correct (particularly for surfaces imaged in the same frame), the absolute value of the temperature readings may not be accurate. Freezing observed Condensation observed

17. Confidential & Proprietary -17- The Cryogel-Insulated Piping Performed As Designed 24” LNG line HD foamglas shoes 12” vapor line Concrete pad Shows extent of Cryogel insulated sections Bare pipe

18. Confidential & Proprietary -18- 70 mm Cryogel Matches Performance of 150 mm Cellular Glass 150 mm (6”) cellular glass70 mm (2.75”) Cryogel

19. Confidential & Proprietary -19- Foam Glass Expansion / Contraction Joints Are Cold Spots

20. Confidential & Proprietary -20- Other Trouble Spots Relate to Old (Original?) PUF

21. Confidential & Proprietary -21- Summary and Conclusions Despite some early delays re: the vapor stop specification and the most efficient cutting tools, the Cryogel system clearly offers productivity advantages –Faster installation –Ease-of-use in awkward or confined areas –Elimination of expansion / contraction joints All the insulation systems near the dock behaved as expected, and showed no defects in either material or workmanship. These included: –3” HD foamglas on the pipe shoes –4” and 6” standard foamglas –2.8” (7 layers of 10 mm) Cryogel 10201-Z Note that the sections using 3” and 4” foamglas are clearly underinsulated

22. Confidential & Proprietary Saudi Aramco Gas Project

23. Confidential & Proprietary -23- Uthmaniyah Gas Plant Saudi Arabia Size: 8” Fluid: NGL (C2+) Temperature: -90 oF Existing FOAMGLASS thickness: 150 mm.( Two layers of 75 mm, prefabricated pipe cover). Cryogel Thickness: 60 mm Cryogel install time: 15 minutes Cryogel Advantages: Reduction in the outside diameter of the insulated pipe thus less cladding material is used. No fabrication required and less install time required. Less accessories.

24. Confidential & Proprietary -24- Saudi Aramco Trial

25. Confidential & Proprietary -25- Saudi Aramco Trial

26. Confidential & Proprietary -26- Saudi Aramco Trial

27. Confidential & Proprietary -27- Saudi Aramco Trial

28. Confidential & Proprietary -28- Here you can see the space saving with used of Cryogel. 2x10mm. Here its used normal Insulation. Foamglass 50mm. Ormen Lange Norway Trial

29. Confidential & Proprietary -29- Technip cryogenic PIP System qualified Bureau Veritas

30. Thank You