Oman LNG Signs Gas Turbine Service Agreement with GE Oil & Gas to Drive Further Reliability & Efficiency

Muscat, Oman- 17-May-2009 - Since the start of operations in 2000, the Oman LNG plant at Qalhat, near Sur has set industry benchmarks for reliability, efficiency and environmental performance. To drive these levels of operation even higher, Oman LNG and General Electric Oil & Gas (GE-OG) have signed a 16-year Contractual Service Agreement (CSA) for the 12 GE gas turbines at Oman LNG's Qalhat Complex.

Under the CSA, GE will supply a comprehensive range of services for the six critical Gas Turbines that are driving the three LNG liquefaction trains and an additional six Gas Turbines that generate power for the Qalhat Complex.

The three LNG trains at Qalhat (two owned by Oman LNG and one owned by Qalhat LNG, but operated by Oman LNG) clean and liquefy natural gas. The Gas Turbines provide the driving energy to cool the natural gas to -160ºC (minus 160ºC) at which temperature the gas liquefies, making it easier and more economic for transportation and sale in international markets, particularly Asia and Europe.

GE Oil & Gas CSA solutions are built on the company's extensive design and field experience in various oil and gas applications, including platforms, processing, pipelines and LNG plants. GE Oil & Gas currently has CSA's with companies in more than 40 countries, covering more than 1,000 Gas Turbines.

Located on the east coast of the Sultanate of Oman about 200 kilometers east of Muscat, Oman LNG's Qalhat complex represents one of the largest industrial construction projects ever undertaken in Oman. The LNG production effort was launched as part of an overall drive by the government to move the Omani economy away from its dependence on direct oil production.

Oman LNG is a leading global producer of LNG with a pacesetting reputation for reliability, efficiency and minimal environmental emissions. In April, the Company was the winner of the coveted GCC Award for its Compliance with Environmental Regulations in 2008; a few months earlier, the company received the first Arabia Corporate Responsibility Award.

This Contractual Service Agreement will ensure that Oman LNG continues to operate the Qalhat Complex at the highest levels of reliability, efficiency and environmental performance in the future.

Oman LNG is a joint venture consisting of the Omani government (51%), Royal Dutch Shell (30%), Total (5.54%), KOGAS (5%), Mitsubishi (2.77%), Mitsui (2.77%), Partex (2%) and Itochu (0.92%).

About GE Oil & Gas

GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. GE Oil & Gas also provides pipeline integrity solutions, including inspection and data management. As part of 'Innovation Now' customer focus and commitment, GE Oil & Gas leverages technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 70 countries.

About GE

GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

For more information contact:
Nasser Al Kindi
Oman LNG

Nigel O'Connor
GE Oil & Gas
t: + 44(0) 207 302 6941
e: Nigel.O'

Howard Masto
Masto Public Relations
t: + 1 518 786 6488

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