Marine Transport and Logistics Terminal « Sarzha »

1. MarineTransport and Logistics Terminal «Sarzha» Kuryk

2. Concept SEVERALPROJECTS ARE DEVELOPED AT THE SAME TIME • Adjustment, coating andconcrete coating of pipes (Shell)– key project • Grain, cotton terminal and dry cargo terminal (Wincanton) • Ship repair yardon the slips (Wagenborg, Damen) • Reception andassembling of modular units (TCO) • Support base for offshore operations (Block – Nand other deposits) KASHAGAN PEARLS Terminal location BLOCK N

3. Master plan of the terminal Workshop forcoating andconcrete coating of pipes Assembly line of pipes General port terminal Support base for offshore operations Ship repair yard Moorage for loading and unloading of oversized units Harborage Breakwater

4. I.Adjustment andcoating of pipesCustomer -Shell Analysisof required pipesfor Kashagan project: 2ndphaseof Kashagan project: 3LPP=380km; 3LPP + Concrete coating= 200 km Future phases: 3LPP = 570km; 3LPP + Concrete coating = 390km • Preliminary analysis of the project: • Profitable if output is more then 150 km per year • Having prospects – Start of new offshore projects • The work done: • Negotiations withpotential partners • Presentation forShell Development Kazakhstan

5. II. Grain, Cotton Terminal andDry Cargo Terminal • Advantages of the Project: • Need for newlogistic resources in RK on the Caspian Sea • Advantageous geographical location • Existing railway and road infrastructure • Interest of grain and cotton producers in using of the terminal Volgo-Don Baku Potential risks: In 2009 a project of Uzen-Gorgan railway construction was launched as a part of international transport program “North-South” (St.Petersburg – BanderAbas). Start of the railway functioning is planned in 2012. Capacity of the new railway is 5 mlntonnes of grain per year. Iran Conclusion: The project of Grain Terminal is profitable on conditions of a synergy with other projects of Multifunctional Terminal.

6. III. Ship repair yardon the slips Tentative agreement was arranged for maintenance of transport resources of the Caspian Sea and ships of partner organizations in the Kuryk Project. Capacity: 2 vessels of3000 tonnes • Negotiations for partners involvement was conducted: • DAMEN • WAGENBORG

7. IV. Reception andassembling of modular units Customer – TengizChevroil“Future’s Growth Project” Within the scope of FGP it is planned to transport equipment as modular units (500, 1000, 1500 tonnes) to the Caspian Sea from Europe. Thereupon small and large units have to be delivered to Tengiz by a railway or motor transport. Transportation of the units requires road reconstruction or construction of a temporary road. At the moment TCO considers the option of using of the North route that causes significant ecological risk for TCO. SEMURG INVEST suggests an option of the project implementation by means of South route with using of a moorage in the region around Kuryk. TENGIZ KURYK

8. V. Support base for offshore operations (Block – Nand other deposits) • Kazakhstan is currently one of the top ten oil producers worldwide. • The last 15 years showed an impressive increase of Oil & Gas industry in Kazakhstan with the development of Karachaganak and Tengiz Oil Fields • The discovery of Kashagan giant oil field in the late 90s and its development further boosted local Oil&Gas industry. • OPEC statistics foresees an increase in oil output in excess of 5% per year in the next years for Kazakhstan leading to 3 mb/d in 2020. • Current logistics routes through overcrowded areas of Aktau and Bautino ports do not provide efficient and optimal transport solutions. • New logistic solutions are required.

9. Contact Details IskandarAbdulkhalikovGeneralDirector • Email:i.abdulkhalikov@semurginvest.kz • Mobile: +7 701 717 2074 • Mobile: +7 777 214 3712 ToktassynAssenovTechnical Director • Email:t.assenov@semurginvest.kz • Mobile: +7 777 793 99 59