Worley LimitedASX: WOR

Supporting Alaska LNG Pipeline engineering and final cost estimate

· Issued by Worley Limited

We've been supporting customers in Alaska for 60+ years, delivering engineering, logistics, procurement, fabrication and construction, operations and maintenance (O&M), and field services, including for many of the projects and operators on the North Slope.

"As a full project delivery company with our strong track record in Alaska and in supporting LNG projects, we're honored Glenfarne has chosen Worley to help deliver the Alaska LNG project," said Mark Trueman, President Americas, Worley. "Our specialist team is well placed to support Glenfarne in moving this vital project forward, improving energy security for Alaska and the world."

"We're looking forward to helping Glenfarne and their joint venture partners achieve FID for the pipeline," Trueman added.

Glenfarne anticipates a FID on the Alaska LNG Pipeline in 2025.

About Alaska LNG Pipeline: The Alaska LNG Pipeline is an 807-mile 42-inch pipeline capable of transporting enough natural gas to meet both Alaska's domestic needs and supply the full 20 million tonnes per annum ("MTPA") Alaska LNG export facility. The pipeline will be constructed in two phases. Phase One will send natural gas approximately 765 miles from the North Slope to Anchorage. Phase Two adds compression equipment and approximately 42 miles of pipeline under Cook Inlet to the Alaska LNG Export Facility in Nikiski and will be constructed concurrently with the LNG export facility.