PROJECT EXECUTION STRATEGY

This document describes the high level execution strategy

1. 1. PROJECT EXECUTION STRATEGY.................... 3
   2. PROJECT OVERVIEW........................... 3
      1. Client........... 3
      2. Other Project Participants.......... 3
      3. Key Strategic Objectives........... 4
      4. Contractual Basis and Key Commercial Terms.......5
      5. Project Scope....................... 5
         1. Facility Description...... 5
         2. Provided Services....6
      6. Project Estimated Value............... 6
      7. Project Schedule........................7
      8. Key Project Risk Factors and Opportunities... 8
      9. External Factors...................... 8
   3. EXECUTION STRATEGY.............................. 8
      1. Baseline Centric Approach................9
      2. Organization and Teaming Structure 10
      3. Alignment Process ........................10
      4. Workshare / Disbursed Execution Approach ......11
      5. Information Management Approach.  11
      6. Engineering / Design Approach .......12
      7. Material Management Strategy 12
      8. Contracting Strategy ................. 13
      9. Construction Approach .............13
      10. Commissioning and Startup Approach 13
   4. EXECUTION EXCELLENCE .......................14
      1. Health, Safety, Environmental and Security ... 14
      2. Quality Management ......................\ 14
      3. Value Creation ................................. 15
   5. [LIST OF ATTACHMENTS] ...................................................................................... 15