Market Access

Market Access

Bringing Continents of Energy Together

Kuwait Mina Al-Ahmadi GasPort®

Market Access

Market Access

Br ing ing Cont inents of Energy Together

KuwAit

The Mina Al-Ahmadi GasPort (MAAGP), located approximately 40 kilometers south of Kuwait City, will be Kuwait’s first

liquefied natural gas (LNG) import terminal. Intended as an interim solution to bridge the gap between Kuwait’s current

natural gas needs and the future development of domestic gas reserves, the MAAGP will deliver much needed natural gas

to meet industrial and commercial demands.

Of the many compelling features of the MAAGP, the short time span between inception and in-service coupled with the

relatively low capital investment were the primary motivating factors behind the final investment decision.

Using Excelerate Energy’s GasPort technology, an Energy Bridge Regasification Vessel (EBRV™) will be stationed at the

existing Mina Al-Ahmadi South Jetty facility and will deliver regasified LNG at a baseload rate of up to 500 million cubic feet

per day (mmcf/d). In addition, the MAAGP will incorporate an innovative shuttle tanker berth that will provide for ship-to-

ship LNG transfer and boil off gas management capabilities between a conventional LNG carrier and the EBRV™. This will

allow Excelerate Energy to keep the EBRV™ on station while receiving cargo deliveries of LNG from conventional carriers

dockside, resulting in a flexible terminal that can provide seasonal baseload service to Kuwait.

Construction of the facility commenced in January of 2008 and Excelerate Energy anticipates being in service by the

summer of 2009. The capital cost for the project, even with extensive refurbishments and enhancements planned for the

existing jetty facilities, is anticipated to be significantly less than that of a land based facility of similar capacity. With the

added benefit of seasonal flexibility and the resultant cost savings, Excelerate Energy’s partnership with Kuwait Petroleum

Company on this project is a natural fit.

KuwaitMina Al-Ahmadi GasPort

Market Access

Market Access

Br ing ing Cont inents of Energy Together

Kuwait

Key inForMAtion

Kuwait’s first LNG receiving facility +

GasPort dockside configuration +

Base load throughput capacity 500 mmcf/d with peak capacity +of 600 mmcf/d

Seasonal facility planned for operations in April through October +

Direct access to processing facilities and other industrial consumers +

Direct access to the Kuwait gas grid +

Market Access

1330 Lake Robbins Drive, Suite 270

The Woodlands, TX 77380

USA

P (832) 813-7100

F (832) 813-7103

info@excelerateenergy.com

www.excelerateenergy.com

Market Access

Excelerate Energy, L.L.C., based in The Woodlands, Texas, is a liquefied natural gas (LNG) importer

and marketer that’s redefining the way LNG moves around the globe. With the proven ability to apply its

proprietary Energy Bridge technology to a growing network of market access points worldwide, Excelerate

Energy can connect LNG suppliers and customers in a way that minimizes costs for both while maximizing

the value of each delivery. Excelerate Energy’s fleet of state-of-the-art, environmentally friendly, Energy

Bridge Regasification Vessels (EBRVs™) compliment the company’s downstream investments in dockside

GasPorts and deepwater port Gateways. To further enhance the capabilities of the existing EBRVs™ and

their cargoes, Excelerate Energy has developed and implemented the first commercially viable program of

LNG transshipment via ship-to-ship transfer. This combination of expertise, innovation, and strategic physical

assets give the company the equivalent of a flexible, global “pipeline” that can transport LNG from virtually

any point to any other point – facilitating delivery to the highest value markets around the world. For more

information please visit www.excelerateenergy.com.

® GasPort is a registered trademark in the U.S. and the European Union. ™ Energy Bridge is a registered trademark in the European Union, Japan, Australia, Chile, Kuwait, Norway, Singapore, Taiwain, Trinidad & Tobago, UAE, China and Peru.