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Norgas Carriers Small Scale LNG Logistic Solutions www.norgascarriers.com Why Small Scale LNG? Reliable energy source* *Power where needed Cost effective* *50% lower than diesel Reduced carbon emissions* *30% less than diesel NORGAS MICRO LNG ISO Container Solution

NORGAS MICRO LNG

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Page 1: NORGAS MICRO LNG

Norgas Carriers ︲ Small Scale LNG Logistic Solutions ︲ www.norgascarriers.com

Why­Small­Scale­LNG?

Reliable energy source*

*Power where needed

Costeffective*

*50% lower than diesel

Reduced carbon emissions*

*30% less than diesel

NORGAS MICRO LNG ISO Container Solution

Page 2: NORGAS MICRO LNG

NORGAS MICRO LNG SOLUTION– ISO CONTAINERS

Brief Technical Details ISO containers size: 40ft

ISO containers spec: 45m3/18ton LNG, 7 bar

Lead time: 6 months inc. commissioning

Applicable for:­Smaller­LNG­volumes­(0-100MW­equivalent­power­plants,­but­can­also­be­economically­developed­for­up­to­300MW­depending on LNG sourcing point), remote clients and quick startup

Loading of LNG ISO Containers from an FSU (Large LNG Carrier)

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Page 3: NORGAS MICRO LNG

Unloading of LNG Containers from a feeder vessel Norgas ISO Carrier for distribution ashore

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n Norgas has developed a concept for distribution of LNG on 40ft ISO containers for potential gas ­consumers­not­connected­to­a­pipeline­today­providing­prospective­clients­with­the­following­benefits:

– Reduced lead time compared to conventional Small Scale LNG solutions – 6 months vs 24-36 months.

–­ Use­of­standard­ISO­LNG­containers­with­IMDG­certification­does­not­require­extensive­approval­procedures before application. Can be used at existing port and road infrastructure.

– Lower CAPEX as intermodular infrastructure can be rented on shorter term basis.

– The LNG ISO container solution can be applied anywhere in the world where there is a container port and suitable roads to move containers on land.

n LNG can be supplied from a truck loading unit connected to a terminal or storage tank (relevant ­examples­are­Spain­or­Singapore),­or­a­floating­barge­with­a­truck­loading­unit­that­can­be­moored­against­a­large­LNG­carrier­creating­a­“floating­jetty”.

n If loaded from an LNG Carrier, a barge can be stationed alongside a LNG “Mother vessel” where the empty­containers­received­from­the­feeder­vessel­can­be­filled­up.

n The LNG ISO containers can be transported by sea on traditional container feeder vessels, or­­alternatively­an­economical­Norgas­ISO­carrier­can­be­developed­by­utilizing­an­existing­Offshore­Support­Vessel­with­minimal­modifications.

The­transportation­of­LNG­via­ISO­tank­containers­is­an­innovative­and­effective­supplement­to­conventional­natural­gas­distribution.­It­is­a­flexible,­quick­and­a­low-cost­solution­with­short­lead-time.­It’s­a­well­­proven­solution and the ISO LNG tank container model is very well suited as a start-up solution or for smaller volumes in remote locations.

NORGAS LNG ISO CONTAINER SOLUTIONS – INTERMODAL LNG TRANSPORTATION

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THE NORGAS SMALL SCALE LNG “VIRTUAL PIPELINE”

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Our primary concept is the creation of a “Virtual Pipeline” through transportation and integration of LNG for the energy services, mining and industrial sectors in emerging markets. Our aim is to replace diesel with natural gas, lowering operating costs for our clients as well as reducing the environmental impact. The Norgas solutions are modular and scalable, allowing for fast deployment and reduced costs.

"Midstream" LNG logistics solutions for customers not ­connected­to­a­gas­pipeline­or­an­efficient­electricty­grid.

Norgas Carriers Suppliers / Partners / End-Users

LNG

 Sup

ply

End-

Use

rsSS

LNG

 Log

istic

s

Power Generation

Heavy Road Transport

Industry/Commercial

Marine Bunkering

NORGAS SMALL SCALE LNG SOLUTIONS

SSLNG Vessel

Floating Storage / Import terminal

LNG Trucks Storage / Regas

LNG Terminals 

FLNG/FSU/FSRU 

Page 6: NORGAS MICRO LNG

NORGAS CARRIERS

Visiting Address: Bygdøy Allé 230262 OsloNorway

Postal Address: P.O. Box 23 Skøyen0212 OsloNorway

[email protected] www.norgascarriers.com

Reg. of Bus.Enterprises: 920 342 752

Februar 2021

Norgas Carriers (www.norgascarriers.com), based in Oslo, Norway and Singapore is focused on the marine logistics­solutions­for­regional­distribution­of­Liquefied­Natural­Gas­(“LNG”).­

Norgas’­core­competence­stems­from­the­transportation­of­liquefied­gases­such­as­LNG,­petro­chemical­gases,­ethane­and­liquefied­petroleum­gas.­We­have­more­than­35­years­of­experience­in­Liquefied­Gas­Transportation and have been actively managing and operating Small-Scale LNG (“SSLNG”) carriers for about­10­years.­In­2008­we­started­the­engineering­and­construction­of­the­6­first­MultiGas­carriers­in­the­world at a total cost of about USD 300 million.

Norgas is owned by Kistefos AS (www.kistefos.no), a Norwegian based investment company with ­investments­in­various­sectors­including­but­not­limited­to:­oil­and­gas,­shipping/offshore,­technology/­telecom,­financial­services,­real­estate­and­venture­capital­businesses.­In­2019,­Kistefos­had­assets­of­USD­3.6bn, an annual turnover of USD 1.6bn and a book equity of USD 330m.