EFTA Document EFTA01386803

interconnections and LNG storage tanks are already in place. The Project's construction is currently 35% complete. Liquidated Damages. • Backstopped by parent guaranty from IHI (Japanese Corp Rating of A-) for full payment and performance and letter of credit for 12.5% of contract price • EPC work is generally mechanical in nature and IHI is a reputable and experienced EPC Contractor (worked on other LNG projects worldwide, including Gulf LNG, Cove Point, Adriatic LNG, and more