Cameroon LNG

Kribi

Yaoundé

CHAD

CONGO

DEMOCRATICREPUBLIC OFTHE CONGO

GABON

EQUATORIALGUINEA

CENTRAL AFRICAN REPUBLIC

CAMEROON

100 mi

200 km

Douala

NIGERIA

Cameroon LNG Project

The Cameroon LNG project will consistof a production plant located 30kmsouth of Kribi on the Southern Coastlineof Cameroon and will be supplied bya national gas transportation networkconnecting gas resources. The liquefaction plant will have a productioncapacity of up to 3.5 million tons of LNG per annum for the first train.

The partnership

In 2008, SNH and GDF SUEZ began a strategic partnership to developan LNG export plant in Cameroon with the aims to monetize associatedand non-associated gas resources, and for GDF SUEZ to secure newlong-term LNG supplies. The signature of a Framework Agreement in decembre 2010 between the Republic of Cameroon and GDF SUEZconfirmed this partnership and was an important step on implementingthe Cameroon Natural Gas Master Plan elaborated by SNH. Preliminarystudies concluded that the optimal solution is an onshore productionplant. Pre-FEED studies that had been initiated in 2010 by FosterWheeler were completed mid-2011. In 2011, preliminary commercialagreements (“term sheets”) related to natural gas were signed with upstream companies having an access to important fields in Cameroon.

A newhorizon forCameroon

“My Dear Compatriots,You can therefore see thatwith all these projects,Cameroon undoubtedly hasa bright future. Such apromising future is howeverpossible only with theparticipation of each andevery one. It can only bethe fruit of our joint effort.

This means that each andevery one of us must knowthat he or she has a role toplay to create the conditionsconducive to doing business,attracting investments andimplementing the investmentprojects which are requisitesfor the development andprogress of our country.

The development andprogress to which we aspirerequire that we should becapable of giving priority tothe common weal. This doesnot concern only the publicauthorities; it also concernsall Cameroonians withoutexception.”

His Excellency Mr Paul BIYA,President of the Republicof Cameroon,31st December 2009

“The Republic of Cameroon looksforward to capturing the long-termeconomic and financial benefits of thevalorisation of its natural gas resources.This development is supported byall upstream operators, and, withGDF SUEZ, we are committed todeveloping this project in a mannerthat will allow all upstream playersto capture significant value inaccessing the LNG export facility.”

Mr Adolphe MOUDIKI,Executive General Manager of SNH

“New gas sources from West Africaare particularly strategic for thedevelopment of the LNG marketand for GDF SUEZ. The Groupis confident in the long-termperspectives of the LNG marketand looks forward to expandingits presence in LNG production tostrengthen the diversification and thesecurity of supply of its LNG portfolio.This is why GDF SUEZ is lookingforward to fully contribute to thedevelopment of the Cameroonianproject.”

Mr Jean-François CIRELLI,Vice-Chairman and Presidentof GDF SUEZ

His Excellency Mr Paul BIYA,President of the Republicof Cameroon

Mr Adolphe MOUDIKI, ExecutiveGeneral Manager of SNHand Mr Jean-François CIRELLI,Vice-Chairman and Presidentof GDF SUEZ, 10 th December 2009

Ensuringlong-term revenuesfor Cameroon

Encompassing upstream gas exploration, appraisaland development, gathering and transmissionpipelines, the onshore LPG and LNG plants, andLNG export terminal, the project will be Cameroon’slargest private sector investment. Once projectstart-up has been achieved, fiscal contributionsto the State will be a stable source of revenue forseveral decades.

Developinglocal skills andcapabilities inenergy activities

Thousands of direct and indirect jobs will becreated during construction, and hundreds ofhighly skilled long-term jobs will be created duringLNG Plant operations. The project is committedto skills enhancement of Cameroonian suppliersof industry products and services during bothconstruction and operations.

Bringing Cameroon’sLPG and natural gasresources to marketCameroon has significant discovered but undevelopednatural gas resources. The project will make possiblethe development of these up-to-now stranded nationalresources. The co-production of Liquefied PetroleumGas (LPG) will bring much needed new LPG suppliesto Cameroon.

In 2010, the international LNG trade accounted for224 million tons. Global LNG market growth perspectivesin the mid to long term will bring confidence to oil and gas companies to strengthen investments in gasexploration in the country.

Social andenvironmentalimpactCameroon LNG will implement anearly “Environment and Social ImpactAssessment (ESIA)” to consider allthe issues raised by the project inaccordance with Cameroon lawsand World Bank Guidelines. ESIAis a process of identifying, predicting,evaluating, and mitigating thebiophysical, social and other relevanteffects of the proposed infrastructures.The ESIA results will be consideredin the LNG project at design stageensuring minimum disturbance oflocal environment.

Creatinga national gastransportation network

The project will create a national gas transportationnetwork linking Cameroon's offshore gas resourceswith State-sanctioned onshore site, located adjacentto the Kribi Deepwater Port project.

Reducinggas flaring

The project will create an alternative to the flaringof associated natural gas, which is currently flaredas a by-product of oil production. This is an opportunityto create additional revenue for Cameroon anddecrease the impact of oil industry on the environment,in particular greenhouse gas emissions.

What is LNG?Liquefied natural gas (LNG) is obtainedby condensing natural gas into a liquid bycooling it to a temperature of about minus160°C, enabling it to be transported ina liquid state at atmospheric pressure.For an equivalent amount of energy,the volume of LNG is 600 times smallerthan that of natural gas in gaseous form.This reduction in volume makes it possibleto transport large quantities of natural gasover long distances in specially designedvessels called LNG carriers. LNG mainlyconsists of methane, along with ethaneand small amounts of propane and butane.This is a different product than LPG, whichis a butane-propane mixture distributedin pressurized bottles for domestic use,often as a cooking fuel.

LNG and safetyThe LNG industry has developed sincethe early 1960’s when the large scale LNGindustry was developed. It is one of thesafer industries in the world and no majoraccident has occurred due to LNG during50 years of operation. The LNG industryhas been committed to maintaining andimproving its safety performance and,in that regard, has encouraged researchand development which has made possiblean excellent understanding of the behaviorof LNG and led to high standards formaterials, equipments and operations.A few examples: cryogenic materials;insulated storage tanks designed toresist the cryogenic temperatures of LNG;double-hulled LNG carriers; and workertraining.

gdfsuez.com snh.cm

GDF SUEZ LNG CameroonBP 35 083 Yaoundé - CameroonEmail: info.cameroon@gdfsuez.com

Société Nationale des HydrocarburesBP 955 Yaoundé - CameroonEmail: info@snh.cm

This brochure is printed on 100% recyclable and biodegradable coated paper made from bleached ECF (Elemental Chlorine Free) pulp in a European factory certified ISO 9001 (for qualitymanagement), ISO 14001 (for environmental management), CoC PEFC (for the use of paper from sustainably managed forests) and EMAS accredited (for environmental performance).Photo credits: GDF SUEZ, GDF SUEZ Global Gas & LNG, SNH, Agence Marc Praquin / Barnaby Coote, Interlinks Image / Leimdorfer Gilles, MPA Corporate / Charriau Dominique,Dag Sundberg. © 10/2010.Not contractual document. Publisher: GDF SUEZ and SNH. Design and production: Agence Marc Praquin.

GDF SUEZGDF SUEZ develops its businesses around a model based on responsible growth to take up today’s major energy andenvironmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change andmaximizing the use of resources. The Group provides highlyefficient and innovative solutions to individuals, cities andbusinesses by relying on diversified gas-supply sources, flexibleand low-emission power generation as well as unique expertisein four key sectors: liquefied natural gas, energy efficiency services,independent power production and environmental services.

GDF SUEZ employs 219,100 people worldwide and achievedrevenues of €84.5 billion in 2010. The Group is listed on theBrussels, Luxembourg and Paris stock exchanges and isrepresented in the main international indices: CAC 40, BEL 20,DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100,MSCI Europe, ASPI Eurozone and ECPI Ethical Index EMU.

SNHSociété Nationale des Hydrocarbures (SNH) is thenational oil company of Cameroon, which is giventhe mandate to promote the development of liquidhydrocarbons and natural gas including exportprojects, and to manage the Cameroon State’sinterests in the development and exploitation of thecountry's oil and gas resources. In particular, SNH isresponsible for assuring the aggregation of natural gasfrom producing companies and its transportation toindustries, power producers, customers, distributioncompanies and gas exporting facilities. To ensure thesuccess of its missions, and as an organised andmodern company at the forefront of management,SNH has implemented administrative, accountingand financial procedures in line with internationalstandards. Cameroon joined the Extractive IndustriesTransparency Initiative (EITI) in 2005.