Conocophillips Optimized CascadeSM Process Employed at World's Largest LNG Train

Houston, TX - June 1, 2006 ConocoPhillips [NYSE:COP] and Bechtel announced today that the world’s newest and largest operating Liquefied Natural Gas (LNG) plant has been transferred to Atlantic LNG of Trinidad and Tobago after passing a performance test. The plant, which was engineered and constructed by Bechtel, uses the ConocoPhillips Optimized Cascade process designed to safely and efficiently meet the growing demand for clean-burning natural gas.  The plant has a nominal capacity of 5.2 million tonnes per year and was delivered three months ahead of schedule.
Atlantic LNG’s Train 4 is the third ConocoPhillips – Bechtel LNG train to achieve the distinction of being the largest operating LNG plant in the world at the time of its startup. In 1969, the ConocoPhillips-operated Kenai, Alaska plant pioneered the Pacific LNG trade. In 1999, the first train at Atlantic LNG held the record for the largest single train after its startup. Now Atlantic LNG’s Train 4 has reclaimed that record.
“The Optimized Cascade process has proven to be safe, reliable and flexible,” said Jim Rockwell, Manager of LNG Technology Licensing for ConocoPhillips.  “This is the first time we have used three gas turbine-compressor strings on a plant, a feature that adds even more operating flexibility to the process.”
“We are proud of the continuing accomplishments of LNG plants using the Optimized Cascade process,” said Errol Rapp, Project Director for Bechtel Corporation.  “We have achieved key project goals while demonstrating over fifteen million man-hours worked without a lost work-day incident.”
ConocoPhillips is an integrated petroleum company with interests around the world.  For more information, go  Bechtel is one of the world's premier engineering, construction and project management companies.  Since its founding in 1898, Bechtel has successfully completed more than 22,000 projects in 140 countries.
*Optimized Cascade services are provided by ConocoPhillips Company, Phillips LNG Technology Services Company and Bechtel Corporation via a collaborative relationship with ConocoPhillips Company.