In-line BOG Recondenser

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November, 2017 Copyright 2017 JFE Engineering Corporation All Rights Reserved

Amazing Size! Conventional (Packed-Bed Type) Newly Developed (Static-Mixer Type) Volume: Minus 98% Weight: Minus 93% c Length: 9,000 mm Diameter: 1,600 mm Weight: 10.0 ton Length: 3,000 mm Diameter: 300 mm Weight: 1.0 ton Note: Assuming BOG Recondensing Capacity 14 t/h Copyright 2017 JFE Engineering Corporation All Rights Reserved 2

The Shocking size! Newly Developed Static Mixer Type Copyright 2017 JFE Engineering Corporation All Rights Reserved 3

Unique and Innovative This unique and innovative recondensing process, developed by JFE, materializes such a extraordinary small BOG recondenser. Our proprietary internals convert BOG in very fine bubbles and let them penetrate into subcooled LNG. The internals also make the LNG flow more turbulent, which enhances the mixture of BOG and LNG. The fine bubbles maximize the surface area of BOG, which accelerates heat transfer between BOG and LNG. The BOG bubbles are immediately dispersed and recondensed. Copyright 2017 JFE Engineering Corporation All Rights Reserved 4

Technology First Commercial Development Plant Laboratory Test by water-steam system (2013) Identified the parameters affecting the recondensing performance Found the best internal design to maximize the performance Created the preliminary design guideline Recondenser Pilot Test by LNG-BOG system (2014) 1/15 scale test at an existing LNG receiving terminal Conducted numerous tests to evaluate the risks against safe and stable operation of the whole recondensing system Verified the recondensing performance is close to the theoretical limit (*) Demonstrated the device is applicable to the BOG from US shale gas Pilot Plant (*) Theoretical limit The minimum ratio of LNG/BOG mass flowrate where all BOG can be recondensed completely assuming 100% heat exchange efficiency. Copyright 2017 JFE Engineering Corporation All Rights Reserved 5

First Commercial Plant Re-verified the recondensing performance (no issue for scale-up from the 1/15 pilot plant) Demonstrated stable operation in commercial stage Established the design guideline (Trade Secret) Location Owner : Toho Gas Co., Ltd. Location : Chita-Midorihama, Aichi, Japan In operation since April, 2016 Design Pressure Specification 2.2 MPaG BOG Flowrate 13t/h at 40 LNG Flowrate 155t/h at 154 Whole BOG Recondensing System BOG Recondenser Copyright 2017 JFE Engineering Corporation All Rights Reserved 6

Super Performance Design Target Challenged the limit The recondensing performance is very close to the theoretical limit (*) Copyright 2017 Minimize Pressure Drop Small pressure drop enhances the utilization of the LNG sensible heat, which boosts the recondensing capacity. (*) Theoretical limit The minimum ratio of LNG/BOG mass flowrate where all BOG can be recondensed completely assuming 100% heat exchange efficiency. JFE Engineering Corporation All Rights Reserved 7

First Commercial Plant Safe Operation with Low Operational Complexity LNG flowrate to the recondenser is kept constant at a set value. The value is reduced only when the regas rate is lower than the initial set value. BOG flow is controlled below its max. allowable flowrate ( MABF ) to prevent BOG carry-over at the recondenser. MABF is calculated by JFE s proprietary control system. Excess BOG is sent to a pipeline by HP BOG compressor when BOG flowrate is larger than MABF. Vapor Detection System stops the 2nd ry pump when it detects BOG carry-over. High-Pressure BOG Compressor Low-Pressure BOG Compressor Mini Flow to LNG tank Primary Pump P F BOG Flowmeter F BOG Recondensing System Vapor Detection System In-line BOG Recondenser LNG Vaporizer Secondary Pump Copyright 2017 JFE Engineering Corporation All Rights Reserved 8

First Commercial Plant Complex Calculation without Process Simulator LNG Regasification Rate LNG Flow Control (F L C) 1 JFE s proprietary control system calculates MABF (*) without process simulator. (*) MABF : Max. allowable BOG flowrate High-Pressure BOG Compressor BOG Flowmeter BOG Recondensing System Process Data (P, T G, T L ) LNG Composition Low-Pressure BOG Compressor Mini Flow to LNG tank F Vapor Detection System Calculate Max. Allowable BOG Flowrate 2 In-line BOG Recondenser BOG Compressor Flowrate Control 3 F LNG Vaporizer Control Sequence Primary Pump 1 Adjust LNG flowrate at the recondenser based on the LNG Regasification rate. 2 Calculate the max. allowable BOG rate from the process data and LNG composition. 3 Avoid excessive BOG comes into the rencondenser P Secondary Pump Copyright 2017 JFE Engineering Corporation All Rights Reserved 9

Significant Reduction of Power Consumption Achieved 50% reduction in power consumption at BOG processing system in the first commercial plant 100 Power Consumption (%) 90 80 70 60 50 40 30 20 10 0 Before introducing BOG Recondensing System Copyright 2017 Reduced After introducing BOG Recondensing System JFE Engineering Corporation All Rights Reserved 10

Tiny Mighty Saving Space, CAPEX and OPEX Minimizing pressure drop Safe operation with low operational complexity Simulating process without a simulator Reducing power consumption Copyright 2017 JFE Engineering Corporation All Rights Reserved 11

JFE will provide; In-line BOG Recondenser, Control System installed in PLC, and Licensed Engineering Package. (PFD, P&ID, Control Philosophy, O&M Manual, etc.) Please contact us for any enquiries. Strategic International Business Development Energy Industries Engineering Sector, JFE Engineering Corporation Tel: +81-45-505-7247, Fax: +81-45-505-7571, Email: sibd@jfe-eng.co.jp Copyright 2017 JFE Engineering Corporation All Rights Reserved 12