Attachment　5-1　 EPC Cost Report (Base Case)

EPC COST REPORT 1/7 <Base Case> Unit : Equiv. US$ Rev.0 Date: 25-April-2011
Total
Description Q'ty-1 Q'ty-2 Cost (US$) Remarks
UOM Q'ty UOM Q'ty Onshore Offshore Total
Equipment
#101 NG Supply Ton 57 Nos 5 0 299,040 299,040
#102 Steam Generation Ton 2,269 Nos 7 229,192 38,216,659 38,445,850
#103 Service etc Water Ton 2,172 Nos 8 6,890,073 846,251 7,736,324
#104 BFW & Demine. Water Ton 4,179 Nos 40 9,041,459 28,376,568 37,418,027
#105 Cooling Water Ton 431 Nos 22 0 8,235,618 8,235,618
#106 Hydrogen Production Ton 30,779 Nos 272 0 313,722,500 313,722,500
#107 Nitrogen Ton 2,266 Nos 11 0 54,710,985 54,710,985
#108 Air system Ton 538 Nos 10 0 7,607,262 7,607,262
#109 Coke Storage Ton 3,583 Nos 46 385,336 16,061,541 16,446,877
#110 Sulfur Storage Ton 477 Nos 18 164,566 4,384,305 4,548,871
#112 WWT Ton 40 Nos 11 40,427 788,088 828,515
#340 Crude Oil Storage Ton 27,068 Nos 74 66,515,351 32,923,503 99,438,854
#XXX Flare Stack Ton 104 Nos 4 0 861,119 861,119
Misc. Ton 0 Nos 0 0 0 0
Sub Total Ton 73,961 Nos 528 83,266,404 507,033,438 590,299,842
Bulk Materials
Piping Ton 25,583 m 310,500 0 91,021,422 91,021,422
Instrument & Control Ton 618 Loops 4,118 0 32,120,400 32,120,400
Electrical Ton 8,096 KW 161,926 40,481,408 40,481,408 80,962,817
Cathodic Protection Ton 559 m2 152,951 0 8,388,091 8,388,091
Insulation & Paint Ton 6,580 m2 1,466,019 46,229,799 0 46,229,799
Catalyst & Chemicals Ton 0 m3 0 0 0 0
Misc. Ton 0 0 0 0
Sub Total Ton 41,436 86,711,207 172,011,322 258,722,529
Spare Parts
Capital Spares % 0.0 0 0 0 By Owner
Operational Spares % 0.0 0 0 0 By Owner
Sub Total % 0 0 0
Transportation FT 259,215 31,105,818 46,658,727 77,764,546
Erection Work
Equipment Install Ton 73,961 Mhrs 4,437,645 401,251,878 0 401,251,878 Mhrs:Labor Man-Hours
Piping DI 1,389,614 Mhrs 6,223,501 288,963,358 0 288,963,358
Instrument & Control Loops 4,118 Mhrs 576,520 18,073,902 0 18,073,902
Electrical KW 161,926 Mhrs 1,619,256 68,308,329 0 68,308,329
Insulation & Paint m2 1,466,019 Mhrs 4,147,952 100,380,449 0 100,380,449
Misc. % 10.0 Mhrs 1,804,186 87,697,792 0 87,697,792
Sub Total Ton 115,397 Mhrs 18,809,061 964,675,707 0 964,675,707
Bulding & Civil Work
Building m2 7,700 Mhrs 264,160 9,870,000 0 9,870,000 Incl. HVAC
Steel Structural Ton 13,187 Mhrs 1,181,555 74,394,461 0 74,394,461 Incl. Fire Proofing
Concrete m3 83,220 Mhrs 3,994,577 193,978,313 0 193,978,313
General Civil % 29.0 Mhrs 1,628,326 80,714,820 0 80,714,820 Road,Drain,Fencing etc
Sub Total Mhrs 7,068,618 358,957,594 0 358,957,594
Direct Cost Total Ton 115,397 Mhrs 25,877,679 1,524,716,730 725,703,487 2,250,420,218
Engineering Services
Licensor Basic Eng'g & Royalty lot 0 0 0 0
FEED Work Mhrs 0 0 0 0
Engineering Mhrs 1,134,325 0 120,571,163 120,571,163
Insurances % 2.4 0 79,992,000 79,992,000
Sub Total Mhrs 1,134,325 0 200,563,163 200,563,163
Site Services
Site Supervisors MM 1,557 4,670,749 34,771,548 39,442,297 MM:Man-Month
Pre-Com./Commisioning MM 0 0 0 0 Incl. in Above
Local Employee MM 1,090 11,988,256 0 11,988,256
Camp & Catering MM 1,557 2,335,375 0 2,335,375
Temporary Facility % 14.0 185,308,662 0 185,308,662
Construction Aids % 1.0 13,236,333 0 13,236,333
Sub Total MM 2,647 217,539,375 34,771,548 252,310,923
Indirect Cost Total 217,539,375 235,334,711 452,874,086
Net Cost Total 1,742,256,105 961,038,199 2,703,294,304
Tax & Duties % 6.0 162,197,658 0 162,197,658 Net Cost X 6%
Escalation % 0.0 0 0 0 Excluded
Contingency % 5.0 87,112,805 48,051,910 135,164,715 Net Cost X 5%
Overhead & Profit % 10.0 0 333,406,297 333,406,297 EPC Cost X 10%
Markup Total 249,310,463 381,458,207 630,768,671
EPC Cost Total 1,991,566,569 1,342,496,406 3,334,062,975

Attachment 5-1&5-2 1
Attachment 5-2 EPC Cost Report (Updated Case)

EPC COST REPORT 1/7 <Updated Case> Unit : Equiv. US$ Rev.0 Date: 25-April-2011
Total
Description Q'ty-1 Q'ty-2 Cost (US$) Remarks
UOM Q'ty UOM Q'ty Onshore Offshore Total
Equipment
#101 NG Supply Ton 97 Nos 6 0 524,585 524,585
#102 Steam Generation Ton 1,738 Nos 6 0 34,350,919 34,350,919
#103 Service etc Water Ton 2,171 Nos 8 6,890,073 805,822 7,695,896
#104 BFW & Demine. Water Ton 3,985 Nos 38 9,041,459 26,652,459 35,693,918
#105 Cooling Water Ton 41 Nos 10 0 889,108 889,108 Excl. CT in Upgraded Area
#106 Hydrogen Production Ton 0 Nos 0 0 0 0 Moved to Upgraded Area
#107 Nitrogen Ton 653 Nos 11 0 17,909,731 17,909,731
#108 Air system Ton 675 Nos 11 0 8,102,526 8,102,526
#109 Coke Storage Ton 13,135 Nos 41 0 78,735,149 78,735,149
#110 Sulfur Storage Ton 7,980 Nos 8 0 27,262,402 27,262,402
#112 WWT Ton 41 Nos 11 40,427 821,030 861,457
#340 Crude Oil Storage Ton 26,983 Nos 59 62,421,502 32,919,723 95,341,225
#XXX Flare Stack Ton 104 Nos 4 0 861,119 861,119
Misc. Ton 0 Nos 0 0 0 0
Sub Total Ton 57,603 Nos 213 78,393,461 229,834,573 308,228,034
Bulk Materials
Piping Ton 17,597 m 188,767 0 52,495,521 52,495,521
Instrument & Control Ton 176 Loops 1,170 0 9,126,000 9,126,000
Electrical Ton 5,649 KW 112,971 28,242,875 28,242,875 56,485,749
Cathodic Protection Ton 407 m2 121,896 0 6,111,716 6,111,716
Insulation & Paint Ton 4,793 m2 1,128,547 34,035,570 0 34,035,570
Catalyst & Chemicals Ton 0 m3 0 0 0 0
Misc. Ton 0 0 0 0
Sub Total Ton 28,621 62,278,444 95,976,112 158,254,556
Spare Parts
Capital Spares % 0.0 0 0 0 By Owner
Operational Spares % 0.0 0 0 0 By Owner
Sub Total % 0 0 0
Transportation FT 178,252 21,390,267 32,085,400 53,475,666
Erection Work
Equipment Install Ton 57,603 Mhrs 3,456,181 312,507,893 0 312,507,893 Mhrs:Labor Man-Hours
Piping DI 805,991 Mhrs 3,558,715 165,234,709 0 165,234,709
Instrument & Control Loops 1,170 Mhrs 163,800 5,135,130 0 5,135,130
Electrical KW 112,971 Mhrs 1,129,715 47,657,027 0 47,657,027
Insulation & Paint m2 1,128,547 Mhrs 3,102,381 75,077,615 0 75,077,615
Misc. % 10.0 Mhrs 1,218,639 60,561,237 0 60,561,237
Sub Total Ton 86,224 Mhrs 12,629,431 666,173,612 0 666,173,612
Bulding & Civil Work
Building m2 306,900 Mhrs 5,051,360 338,990,000 0 338,990,000 Incl. HVAC
Steel Structural Ton 15,681 Mhrs 1,405,040 88,465,772 0 88,465,772 Incl. Fire Proofing
Concrete m3 54,721 Mhrs 2,626,615 127,549,531 0 127,549,531
General Civil % 14.7 Mhrs 2,901,504 81,380,466 0 81,380,466 Road,Drain,Fencing etc
Sub Total Mhrs 11,984,519 636,385,768 0 636,385,768
Direct Cost Total Ton 86,224 Mhrs 24,613,950 1,464,621,553 357,896,084 1,822,517,637
Engineering Services
Licensor Basic Eng'g & Royalty lot 0 0 0 0
FEED Work Mhrs 0 0 0 0
Engineering Mhrs 531,789 0 56,525,606 56,525,606
Insurances % 2.4 0 64,032,000 64,032,000
Sub Total Mhrs 531,789 0 120,557,606 120,557,606
Site Services
Site Supervisors MM 730 2,189,719 16,301,434 18,491,152 MM:Man-Month
Pre-Com./Commisioning MM 0 0 0 0 Incl. in Above
Local Employee MM 511 5,620,278 0 5,620,278
Camp & Catering MM 730 1,094,859 0 1,094,859
Temporary Facility % 14.0 182,358,313 0 182,358,313
Construction Aids % 1.0 13,025,594 0 13,025,594
Sub Total MM 1,241 204,288,763 16,301,434 220,590,197
Indirect Cost Total 204,288,763 136,859,040 341,147,803
Net Cost Total 1,668,910,316 494,755,124 2,163,665,439
Tax & Duties % 6.0 129,819,926 0 129,819,926 Net Cost X 6%
Escalation % 0.0 0 0 0 Excluded
Contingency % 5.0 83,445,516 24,737,756 108,183,272 Net Cost X 5%
Overhead & Profit % 10.0 0 266,852,071 266,852,071 EPC Cost X 10%
Markup Total 213,265,442 291,589,827 504,855,269
EPC Cost Total 1,882,175,758 786,344,951 2,668,520,709

Attachment 5-1&5-2 2