TOTAL Investments and Projects Michel Bénézit Ancien membre du Comité exécutif de Total

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1 TOTAL Investments and Projects Michel Bénézit Ancien membre du Comité exécutif de Total TOTAL - Investments and projects - November

2 AGENDA INVESTMENTS in TOTAL Group MOHO NORD (Deep Water project in Congo) YAMAL LNG (LNG project in Russia) TOTAL - Investments and projects - November

3 INVESTMENTS TOTAL - Investments and projects - November

4 International oil companies invest massively O&G Production Mboe/d (oil: 86.2 Mb/d) Reserves Gboe E&P CAPEX G$ 30% 10% 2% 28% 19% 11% 10% 2% 41% 17% 3% 8% 30% 58% 31% 1930: «Seven sisters» controlled about 85% of WW production Majors Total OPEC NOC Other NOC Independents Access to resources strategic for all IOCs Technology main competitive driver Sources: IEA, WM, Total, Barclays Capital, PFC, IHS, Annual reports and presentations TOTAL - Investments and projects - November : Top 6 IOCs = 12% of WW production = 20% of WW capex OPEC NOCs = 28% of WW production = 8% of WW capex

5 TOTAL - Investments and projects - November

6 Room for manoeuvre on investments Organic investments G$ Split of investments* Reserves purchase 15% 15 Maersk Oil à sanctionner Explo 10% 49% 10 5 sanctionné réalisé Maintenance integrity 27% New developments ~12 G$/y * Organic investments + reserves renewal New project sanctions (more than 10 planned until end 2018) TOTAL - Investments and projects - November

margin in line with Total start-ups > 700 kboe/d additional

7 Delivering cash-accretive start-ups Major start-ups % progress Average Total cash 50$/b CFFO $/boe Maersk Oil cash margin in line with Total start-ups > 700 kboe/d additional production by 2020 TOTAL - Investments and projects - November

Develop large competitive projects Vaca Muerta South Pars 11 Libra L1 TOTAL 41% FID 2017 /

10 $/boe TOTAL 50% FID 2017 / First Gas 2020 Reserves 100% 2 Gboe Production 100% : 2 bcf/d

Production 100% : 150 kb/d Technical costs < 20 $/b EWT start-up Q3-2017: 50 kb/j Lake

Plateau 100% : 230 kb/d Technical costs < 20 $/b TOTAL 40% FID 2019 / First Oil 2023

8 Develop large competitive projects Vaca Muerta South Pars 11 Libra L1 TOTAL 41% FID 2017 / First Gas 2017 Reserves 100% : 150 Mboe (1a+1b) Production 100% : 50 kboe/d Technical costs< 10 $/boe TOTAL 50% FID 2017 / First Gas 2020 Reserves 100% 2 Gboe Production 100% : 2 bcf/d Technical costs < 4 $/boe TOTAL 20% FID 2017 / First Oil 2021 Reserves 100% : 800 Mboe Production 100% : 150 kb/d Technical costs < 20 $/b EWT start-up Q3-2017: 50 kb/j Lake Albert PNG TOTAL 44% FID 2018 / First Oil 2021 Ressources 100% 1 Gboe Prod. Plateau 100% : 230 kb/d Technical costs < 20 $/b TOTAL 40% FID 2019 / First Oil 2023 Reserves 100%: 1 Gboe Prod. Plateau 100% : 150 kboe/d Technical costs ~10 $/boe TOTAL - Investments and projects - November

9 MOHO NORD - Congo TOTAL - Investments and projects - November

10 Total & Deep Offshore a 15 Year story Rosa Long Tie-back Angola : Block 17 (Girassol/Dalia/Rosa/Pazflor/CLOV) Block 32 (Kaombo) US : Canyon Express Nigeria : OPL 246 (Akpo, Egina), OML 130 (Usan) Congo : Moho Bilondo (Moho, Moho Nord) Girassol Riser Towers Canyon Express Ultra Deep Dalia Heated Risers (IPB) Moho Southern part 1 st DW Congo Akpo All Electrical FPSO Pazflor Subsea G/L Separation Rosa (GiRRI) High Boost Subsea Pump Moho Nord High Power Subsea Pump TOTAL Investments and projects November

Introduction : Moho Bilondo (Congo) Moho Bilondo license 75km off

(southern area) developed in 2008 with FPU Alima capacity 90 kbopd

area Production exported to on-shore Djeno terminal operated by Total

11 Introduction : Moho Bilondo (Congo) Moho Bilondo license 75km off shore 450 m WD (southern area) 1200 m WD (northern area) Moho (southern area) developed in 2008 with FPU Alima capacity 90 kbopd Moho Nord Project extension southern area development of northern area Production exported to on-shore Djeno terminal operated by Total (53.5%) Chevron (31.5%), SNPC (15%) TOTAL Investments and projects Novemberr

12 Moho Nord project perimeter : two subprojects & three reservoirs MIOCENE (northern area) Unconsolidated sand 1200 m water depth 1000 m reservoir burial Miocene 0 km 5 Moho Nord Extension southern area Miocene reservoir tied back to existing Alima FPU production in December ALBIAN (northern area) Carbonates 800 m water depth 3000 m reservoir burial Albian FPU TLP 2015 Development northern area Miocene reservoir subsea network with new FPU MIOCENE (southern area) PHASE 1 BIS Miocene FPU Alima first oil on 14 th March 2017 Albian reservoir TLP with surface well heads Phase 1bis on stream in May 2017 TOTAL Investments and projects Novemberr

13 Southern area : tie back to MOHO FPU ALIMA (phase 1 bis) Alima existing FPU upgrade and debottlenecking Extension of exisiting production loop (4 wells) + 40 kbopd Addition of a new loop, (7 wells + Multi Phase Pump) TOTAL Investments and projects November

14 Southern area : ALIMA FPU upgrade (phase 1 bis) Capacity : 150 kbopd max liquid 1,500 tons new equipment 3.6 MM manhours in SIMOPS Integrated team ITEAM TOTAL Investments and projects November

Northern area development concept : TLP + FPU Miocene : FPU conventional subsea network Albian: unmanned TLP Deeper wells longer duration, drilling while producing Frequent well interventions, coil

15 Northern area development concept : TLP + FPU Miocene : FPU conventional subsea network Albian: unmanned TLP Deeper wells longer duration, drilling while producing Frequent well interventions, coil tubing tower Minimal facilities. Process and power on FPU FPU TLP Miocene & Albian incompatible waters (Barium Sulphate Scales) Separate production trains on FPU TOTAL Investments and projects November

Tension Leg Platform (TLP) Albian reservoir TLP allows drilling while producing Well intervention by Coil Tubing without rig Connected to FPU by Fluid Transfer Lines (FTL) First TLP in Africa for

16 Tension Leg Platform (TLP) Albian reservoir TLP allows drilling while producing Well intervention by Coil Tubing without rig Connected to FPU by Fluid Transfer Lines (FTL) First TLP in Africa for Total 30 years Design Life 60m x 60m x 60m Unmanned platform Deck : t Hull : t 27 slots available Drilling from TLP (dry wellheads) Drilling with Semi-Sub Tender Assisted Rig and non permanent derrick set Rigless work-overs (coiled tubing) TOTAL Investments and projects November

Floating Production Unit Miocene reservoir Capacity ~ 100 kbopd Hull (250 x 44 x 18 m) ~ 35 kt Topsides ~ 20 kt gross dry Power generation : 32 MW FPU & TLP controlled from FPU Wash Tanks :

17 Floating Production Unit Miocene reservoir Capacity ~ 100 kbopd Hull (250 x 44 x 18 m) ~ 35 kt Topsides ~ 20 kt gross dry Power generation : 32 MW FPU & TLP controlled from FPU Wash Tanks : final separation & desalination (spec export) Sulphate reduction of water to inject into Miocene Gas import/export to Nkossa Crude export to Djeno TOTAL Investments and projects NOvember

Best available technologies to minimise environnemental impact All-electric FPU generating all the power needed by the facility Produced water

18 Best available technologies to minimise environnemental impact All-electric FPU generating all the power needed by the facility Produced water treatment and reinjection with no discharge No routine flaring aided by a flare gas recovery unit TOTAL Investments and projects November

19 Moho Nord project : key numbers Additional production : 140 kboe/d 45 development wells Less than 4 years from FID to First Oil More than 50 MM manhours TRIR 0.83, LTIF 0.15 (/MM manhours) TOTAL Investments and projects November

20 Moho Nord Project production impact 400 Production at Djeno (kbopd) Existing Production at Djeno New Production from Moho Nord TOTAL Investments and projects November

21 Moho Nord Project Conclusions Innovative development scheme two reservoirs with two different floating units (FPU & TLP) Completed in less than 4 years within budget Oil, water, gas available within three weeks of start-up Limited environmental impact All-electric, PWRI, no routine flaring Significant in-country value infrastructure, fabrication and training Total confirmed as largest operator in Congo Congo confirmed as a deepwater producer in Africa TOTAL Investments and projects November

22 Yamal LNG - Russia October 2017 TOTAL - Investments and projects - November

23 Content 1 GENERAL OVERVIEW 2 TECHNICAL PROJECT OVERVIEW 3 SHIPPING TOTAL Investments and projects November

24 GENERAL OVERVIEW TOTAL Investments and projects November

Yamal Peninsula The Yamal Peninsula is located in the north of Western Siberia and is bordered by the Kara Sea to the west and by the Gulf of Ob to

tundra zone. The peninsula consists of mostly permafrost soil A large part of the peninsula is covered by swamps and lakes.

25 Yamal Peninsula The Yamal Peninsula is located in the north of Western Siberia and is bordered by the Kara Sea to the west and by the Gulf of Ob to the east Its administrative center is Yar-Sale and the Peninsula has a total population of 16,100 inhabitants The Yamal territory is located in the tundra zone. The peninsula consists of mostly permafrost soil A large part of the peninsula is covered by swamps and lakes. The northern part is characterized by wetlands and arctic tundra The Peninsula s relief is characterized as smooth with altitude variations of less than 90 m. The Peninsula s average altitude is approximately 50 meters above sea level The Yamal territory has a large concentration of natural gas fields. Currently, total explored reserves constitute more than 16 tcm of natural gas and more than 230 mmt of gas condensate TOTAL Investments and projects November

300 days a year) Swamps and lakes cover over 60% of the territory South - Tambey 15 10 5 0-5 -10-15 -20-25 -30 Average annual temperature I

26 Arctic Conditions Subarctic and arctic climate Average annual temperature of minus 9 С Absolute minimum temperature of minus 57 С Strong winds and blizzards with wind speeds of up to 32 meters/second Permafrost with depths of up to meters Long-lasting ice cover (about 300 days a year) Swamps and lakes cover over 60% of the territory South - Tambey Average annual temperature I III V VII IX XI Polar day Polar night Annual wind rose N NW NE W E SW SE S winter spring summer fall TOTAL Investments and projects November

Solutions Construction Methodology Construction Schedule

27 Arctic Project Specificity Safety Aspects Emergency Situations Logistics Construction Productivity Technical Solutions Construction Methodology Construction Schedule Operations Economical Aspects TOTAL Investments and projects November

Resources of Northern Yamal North Obskoe Rusanovskoye Malyginskoye Leningradskoye Tasiyskoye Seyadorskoe W-Tambey Kharasaveyskoye N-Tambey S-Tambey E-Tambey Salmanovskoye Kruzenshternskoye

28 Resources of Northern Yamal North Obskoe Rusanovskoye Malyginskoye Leningradskoye Tasiyskoye Seyadorskoe W-Tambey Kharasaveyskoye N-Tambey S-Tambey E-Tambey Salmanovskoye Kruzenshternskoye W-Seyahinskoye Geofizicheskoe Bovanenkovskoye Neitinskoye Antipayutinskoye Arcticheskoye Sredneyamanlskoye Nurminskoye Novoportovskoye Yamburgskoye Urengoiskoye Medvezhye Development of northern Yamal implies construction of LNG facilities The resource base supporting the construction of an LNG facility currently exceeds 10 tcm Yamal LNG (South-Tambey Field) is a pioneer project JSC Yamal LNG holds the license for exploration and development of the South-Tambey Field valid till 2045 W-Tambey W- Seyahinskoye Tasiyskoe Malyginskoye N-Tambey S-Tambey Gas reserves of the Northern Yamal Gazprom Yamal LNG 2.5 tcm 1.3 tcm Undistributed resources 6 tcm Undistributed reserves bcm TOTAL Investments and projects November

State Support Yamal LNG is a strategic project to unlock Yamal peninsula gas reserves as LNG and northern route supplies, that is in full compliance with Russian governmental strategic objectives in

29 State Support Yamal LNG is a strategic project to unlock Yamal peninsula gas reserves as LNG and northern route supplies, that is in full compliance with Russian governmental strategic objectives in gas sphere. Relevant Federal Decree 1713-р (11 October 2010) and Yamal-Nenets Decree were issued to provide governmental support to the project in the following areas: - Integrated plan for LNG Production Development in Yamal peninsula, with orders and instructions to state officials to support Yamal LNG in all integral components of the project. - State financial support for infrastructure development (sea port facilities, dredging works of approach channel and seaway channel) - Tax breaks (Mineral Extraction Tax for gas and condensate, export duties, property tax, corporate profit tax). TOTAL Investments and projects November

Private Shareholders Russian company Listed on LSE and MICEX Created in 1994 2 nd gas production company Successful developer in Russia International O&G Company

30 Private Shareholders Russian company Listed on LSE and MICEX Created in nd gas production company Successful developer in Russia International O&G Company Listed on Paris & NY SE Created in nd in world LNG 20 years in Russia Chinese Partners 50.1% 20% 29.9% OJSC YAMAL LNG TOTAL Investments and projects November

Integrated Project Yamal LNG is an integrated Project and will be delivered by a Russian entity - JSC Yamal LNG Yamal LNG Yamal LNG Yamal LNG Shipping Third Party Yamal LNG defines ship

31 Integrated Project Yamal LNG is an integrated Project and will be delivered by a Russian entity - JSC Yamal LNG Yamal LNG Yamal LNG Yamal LNG Shipping Third Party Yamal LNG defines ship specifications and fleet parameters Tender to Construction Yards for the Construction of the fleet (First Delivery mid 2016) Tender to Ship Owners for the Operation of the ships under requirements of Yamal LNG, based on Long Term Charter with Yamal Trade (100% affiliate of Yamal LNG to be registered outside Russia) TOTAL Investments and projects November

32 Project Objectives Production 16.5 MT/Y on a 340 days/y basis 3 Trains - 3 Phases (revised planning) Start up of phase 1 END 2017 Start up of phase 2 END 2018 Start up of phase 3 END 2018 Reduce risks, promote proven technologies Main cryogenic system : APCI 80 to 90 % of market LNG Tanks are Full Containment (for safety reason) Propane and MR compressors with an already field proven design Promote Russian and local content Manage project costs TOTAL Investments and projects November

33 TECHNICAL PROJECT OVERVIEW TOTAL Investments and projects November

34 Overall Situation Plan CLUSTERS PLANT Port and MOF Operation camp Construction camp Airstrip TOTAL Investments and projects November

72Р 73Р 119Р 3401 3403 3351 4403-2 4411 3354 71Р 3224 4401 3404-2 97Р 4352 3355 3404 3352 3402 К40 1352 К41 1401 3011 3012 3221 2412-2 83Р 3352-2 7351 1351 1402 4042 1403 2411-2 4221 3225 1013 14Р

35 72Р 73Р 119Р Р Р К К Р Р Р Р 117Р К43 87Р Р П 8431 К Р 80П Р Р 7Р Р 91Р Р Р К4470П Р Р 118Р 5П Р Р К45 112Р Р 105Р 106Р 93Р 1П 108Р 3.1 2П Р 79П 4Р 10Р Р Р 98Р Р Р К Р П К Р Р 3252 Руководитель договора: Ответственный исполнитель: Р 2322Р 89Р км м Инв. Изготовлено экземпляров экз. Subsurface Activities Geology northern dome Onshore location, with possible offshore extension in North- East Cretaceous sandstone reservoirs between 900 and 2800 m Appraised by 58 wells (3 drilled and tested in ) central dome Sabetta Covered by 3D-seismic Field Development Production plateau up to 27 Gm3/yr Распределение фонда эксплуатационны х скважин Ю ТГКМ по кустам. southern dome Peak condensate production at 1.1 M t/year in production wells, deviated and horizontalized over 500m 2 rigs mobilized in 2012 to start drilling April 2013 втомчисле Объект Пласт Кол-воскважин ЮВК ЦК СВК ПК ХМ 1+ХМ ТП 1-ТП ТП 3-ТП ТП 5-ТП ТП ТП ТП 17-ТП ТП 20-ТП Всегопоместорождению куст количество скважин Купол 1 10 ЦК 2 10 ЦК 4 6 ЦК 6 6 ЦК 7 25 ЦК 22 6 ЦК ЮВК 26 2 ЦК 29 1 ЦК ЮВК ЦК СВК ЦК 41 3 ЦК 42 3 ЦК ЦК ЦК 45 8 ЦК ЮВК ЮВК ОАО "НОВАТЭК" ОАО "Ямал СПГ" 2011 г. ФОНД ЭКСПЛУАТАЦИОННЫХ СКВАЖИН ЮЖНО-ТАМБЕЙСКОГО МЕСТОРОЖДЕНИЯ Масштаб 1 : Тюменская область Ямало- Ненецкий автономный округ Cluster arrangement : 20 clusters on 3 domes Составил: Еринов В.Г. Приложение Компьютерная графика: лист, экз. TOTAL Investments and projects November

36 Yamal LNG Main Technical Solutions Production (204 wells) Methanol Production Gas treatment and liquefaction at the field 3 phases х 5 MTPA of LNG LNG Plant - onshore and coastal area Storage and loading in Sabetta Port Gas Sweetening (СО 2, Mercury) Liquefaction Storage and Loading Booster Compressor Station Gas Treatment Facility Condensate de-c2 Condensate Stabilization TOTAL Investments and projects November

LNG Plant General Lay-out Integrated gas treatment & liquefaction Onshore, built over permafrost / piled facilities Modularized construction Warehouses Living quarters Power plant Gas turbines Gas

37 LNG Plant General Lay-out Integrated gas treatment & liquefaction Onshore, built over permafrost / piled facilities Modularized construction Warehouses Living quarters Power plant Gas turbines Gas preprocessing 3 LNG Trains x 5.5 Mtpa APCI C3MR Process Acid Gas removal unit Mercury removal Dehydration Air Cooling 4 LNG Tanks x 160,000 m3 3 GC Tanks x 50,000 m3 TOTAL Investments and projects November

Construction challenges Permafrost - Winterization - Modularization Construction on piles in permafrost (it should be isolated from ground) Piling with 1.

access => minimizing work at site : Maximizing modularization design Maximize tests, pre-commissioning and commissioning on construction yards Delivery of Modules

38 Construction challenges Permafrost - Winterization - Modularization Construction on piles in permafrost (it should be isolated from ground) Piling with 1.5 m between structures/modules and frozen ground Winterization: Wind, snow and low temperatures care towards safety considerations Site remoteness with limited access => minimizing work at site : Maximizing modularization design Maximize tests, pre-commissioning and commissioning on construction yards Delivery of Modules mainly during summer season By the Ob river from Tyumen mainly for Bulk By sea & the Ob Gulf for modules coming from outside Russia TOTAL Investments and projects November

pres-assembly Flare (prefabricated) Potential : Stick built in Sabetta for

39 Construction methodology Stick Built LNG Storage Tanks (4) Gas Turbine Generators Compressors with max. pres-assembly Flare (prefabricated) Potential : Stick built in Sabetta for structures < 100T Modularization Modules/pipe racks coming from Russian Federation and foreign countries TOTAL Investments and projects November

40 Large modules over T : International Fab Yards TOTAL Investments and projects November

41 Mid size pipe racks: T. Russian and International Fab Yards Jetty trestles TOTAL Investments and projects NOvember TOTAL - Investments and projects - November

42 Small pipe rack modules <100T Potential stick built TOTAL - Investments and projects - November

Cargo Logistics LNG plant Modules July to Nov Icebreaker support in winter Kirkines Possible places of module transshipment Bulk materials

43 Cargo Logistics LNG plant Modules July to Nov Icebreaker support in winter Kirkines Possible places of module transshipment Bulk materials Year-round Sabetta Murmansk Labytnangi Construction cargoes by river July to Sept Archangelsk Sergino TOTAL Investments and projects November

44 Material Offloading Facilities (MOF) Storage area MOF Port Fleet Quay RO-RO Quay LO-LO offloading RO-RO offloading MOF is designed for modules offloading, as well as bulk offloading. Can be operated in open water and in ice conditions (in different mode). TOTAL Investments and projects November

Main Port Facilities Design done by Lenmorniiproekt, Artelia MOF PLANT Jetty with 2 berths 1 st Berth for LNG + Condensate (With Train #1) 2 nd Berth with Train 2 Anticipated design for: 125,000

45 Main Port Facilities Design done by Lenmorniiproekt, Artelia MOF PLANT Jetty with 2 berths 1 st Berth for LNG + Condensate (With Train #1) 2 nd Berth with Train 2 Anticipated design for: 125, ,000 m3 LNG ships LNG Offloading 14,000 m3/h loading rate 4 arms (2LNG, 1BOG, 1 Hybrid) Return gas to be liquefied Ice management designed Tugs and Ice management ships MOF facilities, including warehouses and storage areas Administrative area, customs, captain office, authorities TOTAL Investments and projects November

Construction Camp and Infrastructure Construction camp designed for 3,500 people is under

buildings, Canteens, Laundry rooms, Steam houses / amenities, Sport Center, Store,

construction: Diesel fuel storing Aviation kerosene storing Gasoline storing Following

Modular gas boiler house Water intake facilities and water treatment plant Waste water

46 Construction Camp and Infrastructure Construction camp designed for 3,500 people is under construction: Dorms for workers and engineering personnel Offices and administrative buildings, Canteens, Laundry rooms, Steam houses / amenities, Sport Center, Store, Maintenance Service, and etc Fuel storage designed for storing fuel and lubes is under construction: Diesel fuel storing Aviation kerosene storing Gasoline storing Following utilities and infrastructure which have been already desined: Power plant and power grid Modular gas boiler house Water intake facilities and water treatment plant Waste water treatment plant Solid waste disposal Roads 30,5 km New airport with 2700m airstrip And etc TOTAL Investments and projects November

47 Planning Key Milestones LNGC LNG Plant Q1 Q2 Q3 Q4 Q1 Effective date EPC Plant LOA: Start Detail Design FID Q2 Q3 Q4 Q1 Q2 OBT 55,5 M (Train 1) Q3 Q Q1 Q2 Q3 Q Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1 st Cargo T1 1 st Cargo T2 1 st Cargo T3 Start-up T1 Start-up T2 Start-up T3 T1 RFSU T2 RFSU T3 RFSU Power Station PO 1 st GTG 1 st GTG on site 4 GTGs ready 2 GTGs Ready 2 GTGs Ready Inlet Facilities GTU Construction Contract Award Phase 1 Ready Phase 2 Ready LNG Tanks EPC Award 1 st - 2 LNG Tanks 3 rd LNG Tank 4 th LNG Tank Jetty Marine works EPC Award Jetty 1 Ready Jetty 2 Ready MOF 1 st Ro-Ro Quay 2 nd Ro-Ro Quay Marine facilities Dredging Main Port Sea Channel Start Dredging Complete Ice Protection Barriers Engineering 2 barriers Complete ARC7 LNG Carriers 36M (1st Carrier) 1 st ARC7 ready (Korea) Infrastructures Airports & Roads Company Construction Camp Airport Opening 1000 beds 3500 beds LNG T1 related LNG T2 related LNG T3 related TOTAL Investments and projects November

48 SHIPPING TOTAL Investments and projects November

Ice Class ship design Design done by CNIIMF, Aker Arctic) Using experience from Varandey (Barents Sea) & Norilsk Nickel (Yenissei) operations Ice class ARC7 (Russian classification) To ship

approx) Double acting concept Bow (Forward) Astern In open water - 19.5 knot In thin ice < 1m 5.5 knot in 1.5 m ice (Ice breaking design) Up to 2.

49 Ice Class ship design Design done by CNIIMF, Aker Arctic) Using experience from Varandey (Barents Sea) & Norilsk Nickel (Yenissei) operations Ice class ARC7 (Russian classification) To ship through Kara Sea at all times In North Sea Route during summer (5-6 months) Stand alone Ice Breakers Optimum design capacity of # 170,000 m3 Keeps maneuverability in ice conditions (LOA 300 m approx) Double acting concept Bow (Forward) Astern In open water knot In thin ice < 1m 5.5 knot in 1.5 m ice (Ice breaking design) Up to 2.3 m ice Propulsion system being optimized All cargo containment systems considered 170,000 m3 LNG ship design validated in Ice Model tests Winterization Ice Model testing in 80m basin Ship design TOTAL Investments and projects November

50 Yamal LNG Transportation Yamal strategic location allows for a flexible logistic model with access to the Atlantic and Asia-Pacific markets Yamal LNG LNG Fleet Design and Building Schedule Model Tests LNG carriers design Build LNG carriers for Phase I 2014 Build LNG tankers for Phases II and III TOTAL Investments and projects November

51 Yamal LNG Project Photos TOTAL Investments and projects November

52 TRAIN 1 TOTAL Investments and projects November TOTAL - Investments and projects - November

53 TANKS 1 & 2 TOTAL Investments and projects November TOTAL - Investments and projects - November

54 LNG Tank # 1 : Lifting top platform TOTAL Investments and projects November TOTAL - Investments and projects - November

55 CENTRAL CONTROL BUILDING (CCB) TOTAL Investments and projects November TOTAL - Investments and projects - November

56 Marine Offloading with CCB at BERTH # 3 TOTAL Investments and projects November TOTAL - Investments and projects - November

57 JETTY 2 & JETTY 1 TOTAL Investments and projects November TOTAL - Investments and projects - November

58 TRAIN 1 WITH MCHE TOTAL Investments and projects November TOTAL - Investments and projects - November

59 FLARE DRUMS + FRACTIONATION UNITS (x2) TOTAL Investments and projects November TOTAL - Investments and projects - November

60 PIPES FROM PADS TO INLET FACILITIES TOTAL Investments and projects November TOTAL - Investments and projects - November

61 Thank You. Questions? TOTAL Investments and projects November

ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17)

17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) 17 th INTERNATIONAL CONFERENCE & EXHIBITION ON LIQUEFIED NATURAL GAS (LNG 17) HOW TO DEVELOP AN ECONOMICAL SMALL CAPACITY FLOATING