Southern LNG (SLNG)

SLNG owns the Elba Island LNG receiving terminal. Located near Savannah, Georgia, the Elba Island LNG terminal is a facility capable of providing domestic storage and vaporization services to international producers of LNG. The Elba Island LNG terminal has 7.3 Bcf of LNG storage capacity and 1,755 million cubic feet per day, or MMcf/d, of peak vaporization send-out capacity. SNG operates the Elba Island LNG terminal pursuant to a service agreement with SLNG.

The capacity of the Elba Island LNG terminal is fully contracted with subsidiaries of BG Energy Holdings Limited, or British Gas, (with a contract term through April 2027) and Shell Oil Company, or Shell, (with contract terms through January 2036 and mid 2035). The Elba Island LNG terminal is directly connected to four major pipelines and indirectly connected to two others, and thus is readily accessible to the southeast and mid-Atlantic markets.

SLNG’s Elba Phase III Expansion project, has increased SLNG’s peak vaporization send-out capacity to 1,755 MMcf/d from 1,215 MMcf/d and increased storage capacity at the Elba Island LNG terminal to 11.5 Bcf.

*Cautionary Statement Regarding Forward-looking Statements