A wholly owned subsidiary of GAIL (India) Limited

GGSPLGAIL

GAIL GLOBALSINGAPORE PTE. LTD.

FACT SHEET 2013

Efficient LNG’ing

Who we are

Incorporated in 2004, GGSPL is a wholly owned subsidiary ofGAIL (India) Ltd. operationalized in May 2012. GGSPL is anindependent trading company that participates in the globalLNG markets.

GAIL’s Existing Business Segments

$8.4bnConsolidated Revenue..................................

$10.02bnWorth of Assets ..................................

$873.6mProfit..................................

$7.61bnMarket Cap..................................

3,937Employees worldwide..................................

MaharatnaRecognition The 3rd & youngest company among all PSUs

Natural Gas MarketingCore Business volume of 87 MMSCMD across 16 states in India(~70% market share)

Natural Gas Transmission 11,000+ Kms of pipeline and plans to add another 5500 Kms

LPG TransmissionOnly company to operate LPG pipelines, with two major pipelines oflength 2038 Kms

LPG and liquid Hydrocarbons

Operates seven plants mainly producing propane, pentane, naphthaand LPG

PetrochemicalsProduced ~420 TMT of petrochem in 2011 which mainly consists ofHDPE/LDPE pellets

E&P

27 blocks ( including 2 Overseas, operatorship in 2), 1 CBM Block

Alliances, Subsidiaries & JVs

Telecom & Renewables

Gas based power – Ratnagiri Gas and Power Station, Regasification capacity at Dhabol (5 MMTPA)

Renewables- 5MW solar plant, 113MW wind energy, Country widetelecom presence with 13,000 Km of optical fiber network

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(Figures as per 2008-12)

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GAIL presence across the worldas GAIL (India) JVs and Subsidiaries

Other Global ventures of GAIL (India) Ltd.

GAIL Global (Singapore) Pte. Ltd.

GGSPL Timeline

2004

2012

2013

Incorporated in 2004 as awholly owned subsidiary

of GAIL (India)

GGSPL set up as LNG tradingcompany in May 2012

Set up as an independent entityto participate in global LNG

markets

Houston (USA)

India

EgyptChina

Singapore

GGSPLGAIL

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SUBSIDIARIES (7)

JOINT VENTURES (12)

AFFILIATES (5)

GAIL Global Singapore GAIL Global U.S. A

GAIL Gas

NATGAS Egypt

China Gas

Aavantika Gas

Central UP Gas Ltd

Green Gas Ltd.Tripura NG Co. Ltd.

GAIL CHINA Gas Energy Holding

PetronetLNG

GAIL Subsidiaries, Affiliates & Joint Ventures

APGDC (Andhra Pradesh

Gas Distribution Corporation) BCPL (Brahmaputra

Cracker and Polymer Limited)

BGL (Bhagyanagar

Gas Limited)

IGL (IndraprasthaGas Limited)

MNGL (Maharashtra

Natural Gas Limited)

OPAL (ONGC Petro

Additions Limited)

RGPPL (Ratnagiri Gas

and Power Pvt. Ltd.)

KGGL (Kerala Gail Gas Limited)

GSEG (Gujarat State Energy Generation Ltd.)

KGGL (Kerala Gail Gas Limited)

MGL (Mahanagar Gas

Limited)

VMSS (Vadodara Mahanagar

Seva Sadan)

SEAGPL (South East Asia Gas Pipeline Company Limited)

What we do

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GGSPL’s presence across the LNG Value Chain:

Being a part of GAIL (India) Limited, GGSPL has the added advantage of the entire access to

the LNG Value chain including Liquefaction, LNG Shipping and regasification. Owing to GAIL’sLong-term Sales purchase agreements (SPAs) with Cheniere Energy Partners, Dominion Cove

Point and Gazprom, GGSPL has secured itself a diverse portfolio. Additionally, a MOU betweenGAIL & SCI assures shipping capacity and flexibility to ship our cargoes anywhere across the world

Domestically, GGSPL has access to all GAIL facilities in India as well as those operated by

Petronet LNG Ltd. The Terminals in India where GGSPL has access are mainly the Dahej

Regasification Terminal, Dabhol LNG Terminal, the new terminal at Kochi and the Kakinada

The others among these in the GGSPL basket include a MOU between EDF Trading and GAIL tojointly acquire and develop upstream oil and gas assets in North America, and access to US ShaleGas assets through the joint venture agreement signed between GAIL and Carrizo Oil & Gas ona portion of the company’s Eagle Ford Shale assets

FSRU liquefied natural gas terminal

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10 LNG Ships(proposed)for transporting 6MMTPAvolumes from Cheniere & DCP on FOBbasis

Shipping Corporationof India (SCI) and other LNGship operators

Dominioncove, USA(2.3 MMTPA)

Cheniere(3.5 MMTPA)

Gazprom(2.5 MMTPA)

Dahej ( 10 MMTPA )

Dhabol ( 5 MMTPA )

Kochi ( 5 MMTPA )

FSRU ( Dec 2013 )

GAS SOURCES

How we operate

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Although GGSPL is a wholly owned subsidiary of GAIL India Limited, it is mandated tomaintain clear and distinct set of activities to be performed. GGSPL is involved invarious LNG Trading activities. GGSPL is a means to source spot cargoes forGAIL and trade in the long-term LNG Volumes to third parties. The GGSPL target market is the Far East, Central Asia and South America as well as South Asia/ India.

Our Business ActivitiesGGSPL engages primarily in the following activities:

LNG TradingOur LNG trading activities focus on serving the LNG needs of customers in the Far East,Central Asia and South America apart from catering to the requirements of South Asian and Indian markets. The range of services offered by us include:Spot purchase and global market coveragePurchasing via short-term and mid-term contractsWapping of LNG cargoes to optimize infrastructure requirements and portfolio balancing

Risk ManagementWe also propose to provide risk management solutions (subject to regulatory clearances)for our Indian clients. This includes:Transacting in financial markets for hedging short-term and mid-term exposuresStructuring and purchasing futures, options, other vanilla derivative contracts and swapsin various energy markets

LNG ShippingWe charter LNG vessels to support our LNG trading activities and are also involved in widerange of shipping related activities:Consortium ownership / JV companies and Fleet ManagementChartering vessels for FOB spot dealsEntering into charter agreements to support mid-term and long-term LNG trading deals

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Cheniere Energy–Tenure & Type: 20 year deal on FOB basis–Volume & Index: 3.5 MMTPA priced on Henry Hub–Commencement: 2018

Dominion Cove Point–Tenure & Type: 20 year deal on FOB basis–Volume & Index: 2.3 MMTPA priced on Henry Hub–Commencement: 2017

Existing Long Term Deals - 8.3 MMTPA

Deals Under Discussion

USA Eastern Africa & TAPI–Asset acquisitions in US shale gas–East African LNG –Gas sale purchase agreement for Turkmenistan Afghanistan & (TAPI)Pakistan India

GGSPL shall be trading GAIL’s robust Long-term portfolio.Currently set to be the largest off-taker of US LNG.

GGSPL Business

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GGSPL Business:The company will be mainly involved in trading in the long-term GAIL LNG portfolio. GAIL’s 20 year deal signed with Cheniere energy and another deal with Dominion CovePoint are the 2 existing Long-term deals apart from which there are a few deals in thepipeline.

LNG trading would primarily include Spot purchases, short-term and mid-termcontracts while Hedging would be aimed at purchasing futures, options, othervanilla derivative contracts. The GGSPL Shipping activities would entail charteringLNG vessels to support GGSPL’s LNG trading activities.

The main outlined or pivotal activities for GGSPL include LNG trading, LNG Shippingand Hedging.

LNG TRADING SHIPPING Hedging

LNG Trade Flow as per ZE Datawatch report on Shale Gas published in July 2012

GGSPL maintains full commercial and operational

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autonomy from GAIL through clear separation of activities

GGSPL(LNG Trading Activities)

GAIL(LNG Sourcing Activities)

Spot LNG flows

GAIL will continue to act asaggregator for downstreamcompanies in India.

GGSPL target market is fareast, Central Asia and SouthAmerica apart from cateringrequirements of SouthAsia / India

GGSPL is shortly beingmandated for sourcing ofspot cargoes for GAIL.

GGSPL will trade GAIL’slong-term LNG/Termflexible volumes to thirdparties

GAIL

Other LNG Trading Cos.

GGSPL

GAIL’s Downstream Customers

GGSPL

Other LNG Trading Cos Suppliers .

Other LNG Buyers GAIL

GAIL’s Volume underwrite

LNG Trading Process

Business Model

Target Market

THREE DIMENSIONAL PARTNERING OPPORTUNITY

ShippingInfrastructureOptimization

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LNG Trading

South Asianmarket access

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Shipping Infrastructure Optimization:GGSPL will share excess shipping capacity tooptimize ship utilization along with swappingLNG volumes to reduce shipping costs

LNG Trading Opportunity: Apart from Bidirectional MSPAs (Selling & Buying),GGSPL shall be taking various positions in themarket for opportunities to trade spot cargoeswith 3rd parties.

South Asian Market :Access to growth opportunities and a vibrantnetwork within the South Asian natural gas markets will present an opportunity to build onexisting relationships with major downstreamcompanies

GGSPL welcomes partners around three main areas

GGSPLGAIL

GAIL GLOBAL SINGAPORE PTE. LTD.43-01A, SUNTEC TOWER ONE7, TEMASEK BOULEVARD,SINGAPORE-038987

TEL006564306615/13

FAX006564306614

PRESIDENTkrsanjay@gail.co.inVP GLOBAL TRADEamit.singh@gail.co.in