CompressedNatural GasShips

Leadership Summit for Sustainable Business

Globe Series, Vancouver, March 2016

Lyndon WardSea NG Corporation

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Compressed Natural Gas ShippingMarine CNG reduces fuel costs and reduces emissions

Gas can be liquefied or compressed Freeze or Squeeze

1 m3 2 m3

-162 oC

600:1

275 BAR

300:1

LIQUEFY

LNGCOMPRESS

CNG600 m3

Of gas equals

Maximum density does not equal maximum economicsWhy CNG?

LNG:

COMPLEXAND

EXPENSIVE

Global Markets

CNG:

SIMPLEAND

INEXPENSIVE

Regional Markets

Results in higher safetyBreakthrough in pressure vessel technology

170bottles

6Coselles

Leads to lower costsSimplicity

Enabling scaleable seaborne shipping for coastal and island marketsCoselle CNG

ANIMATION LINK

International classification for worldwide operationApproved technology

A decade of research, engineering and testing resulted in full approval

Exceeded all requirements of the American Bureau of Shipping (ABS)

ABSAPPROVED

LNG and pipelines have limitations Market: Before marine CNG

Marine CNG opens regional gas marketsMarket: After marine CNG

Switching from liquid fuel has significant cost and environmental benefitsBenefits to consumers of energy

•Reducing CO2

•Lowering Capex and Opex•Eliminating many pollutants

Monetizing stranded gas reduces wasteful flaring and reinjectionBenefits to producers of energy

Unlocking stranded offshore natural gas

In 375 fields suitablefor marine CNG

365 TCF

•Reducing gas flaring•Reducing offshore reinjection•Opening new markets

Regional markets exist globallyWhere is this gas located?

Marine CNG enables the development of significant offshore gas reserves

Stranded market potential

In 375 fields suitablefor marine CNG

365 Trillion Cubic Feet

365 Trillion Cubic Feet of gas How much gas is available?

Data Source: IHS International*Offshore non-producing fields

CONFIDENTIAL

Sea NG is a energy project development company connecting gas reserves with regional energy markets

• Recognized as a world leader in marine CNG

• Senior team of commercial and engineering professionals

• 15 years of engineering, testing and development

• Advanced projects with many of the world’s leading gas producers

sea-ng.com

Lyndon WardDirector of Marketinglward@sea-ng.com

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