Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28BAKER BOTTS LNG 23 Industries in South Korea, employ state-of-the-art tri-fuel diesel electric propulsion systems. The other four ships, two for PNG and two for Gorgon Jansz, have been built for MOL by Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation, in Shanghai. The firm assisted ExxonMobil with issuance and evaluation of the tenders and negotiation of the charters and related documents for all six vessels. This was only the second time non-Chinese companies have commissioned LNG new-builds in China. PETROBRAS Baker Botts represented Petrobras in the tendering and chartering of three FSRUs—among the first FSRUs to enter commercial service worldwide. These three vessels operate at Rio de Janeiro, Pecem and Bahia. We also advised in relation to the modification of one of these FSRUs. The three FSRUs have the capacity to supply up to 41 million cubic meters of natural gas per day to the domestic Brazilian market, and have been used primarily used for dedicated thermoelectric power generation The firm’s work for Petrobras included the development and negotiation of a long-term LNG SPA as well as MSAs for the supply of short-term and spot cargoes with numerous counterparties. We have also advised Petrobras in relation to the implementation of certain new and highly innovative LNG projects in relation to the “pre-salt” discoveries.