GLNG Project FID Disclaimer & Important Notice

Aligned & Experienced GLNG PartnershipTotal• Fifth largest publically-tradedoil and gas companyin the world• Operates 7 mtpa LNG• Secondment of experiencedmanagement into GLNG27.5%27.5%PETRONAS• Over 25 years LNGexperience• Operates 23 mtpa LNG• Foundation buyer• Secondment of experiencedmanagement into GLNGKOGAS• Over 25 years LNGexperience 15%• World’s largest LNG buyer• Established infrastructure• Foundation buyer• Secondment of experiencedmanagement into GLNG30%Santos• Over 40 years gasexperience epeece• Australia’s largestdomestic gasproducer• Experienced owner/operator of coal seam gasproductionassets7GLNG Binding Offtake Key TermsPETRONAS35mtpa 3.5 offtake• Binding heads of agreement for sale of 3.5 mtpa of LNG toPETRONAS, comprising:- 1.8 mtpa from train 1 production- 1.7 mtpa from train 2 production• Binding agreement for 20 years, subject to GLNG reachingfinal investment decisionKOGAS3.5 mtpaofftake• Binding heads of agreement for sale of 3.5 mtpa of LNG toKOGAS, comprising:- 1.7 mtpa from train 1 production- 18 1.8 mtpa from train 2 production• Binding agreement for 20 years 1 , subject to GLNG reachingfinal investment decision• KOGAS has received all required Korean Government approvals1 The KOGAS agreement is binding for 15 years with GLNG having an option to extend the agreement for a further 5 year period.84