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Page 1 of 4 24 th October 2006 Emerson Awarded Contract for Fiscal Metering of China’s $3 Billion CNOOC Fujian LNG Receiving Terminal and Trunk Line Project Emerson Process Management has been awarded the fiscal metering contract for the Fujian LNG-import terminal project. The terminal being constructed in Fujian Province, Peoples Republic of China, will be owned and operated by CNOOC Fujian LNG Co. Ltd., a co- investment of China National Offshore Oil Corporation (CNOOC) and the Fujian Investment and Development Corporation. Fujian will be China's second LNG importation terminal, importing 2.6 million tons of liquid natural gas annually, intended to supply two major new power plants, together with the five major coastal cities. Commercial operation is targeted to begin in early 2008. Emerson has engineered and delivered its Daniel ® natural gas metering systems on twelve high-performance gas metering skids that ensure high integrity, accurate, reliable measurement of natural gas volume, quality, composition and calorific value. Accurate, reliable custody transfer measurement of natural gas is critical for fiscal accounting and taxation purposes. Emerson Process Management’s Daniel products in this project include ultrasonic metering skids and gas turbine metering skids, including products such as the Daniel SeniorSonic gas ultrasonic meters, Daniel gas turbine meters, Daniel flow computers and Daniel Danalyzer gas chromatographs. “We know we can trust the Emerson Process Management commitment made to CNOOC in this project,” said Mr. Zhang Hao, general manager of Fujian LNG. “Emerson has an outstanding track record, and we have been very impressed by the Daniel solution. The award of this contract is just the beginning of our business relationship.”

Emerson Awarded Contract for Fiscal Metering of China’s $3 ... · committed to meeting the CNOOC requirements and timing for fiscal metering with our industry leading Daniel technology,

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Page 1: Emerson Awarded Contract for Fiscal Metering of China’s $3 ... · committed to meeting the CNOOC requirements and timing for fiscal metering with our industry leading Daniel technology,

Page 1 of 4 24th October 2006

Emerson Awarded Contract for Fiscal Metering of China’s $3 Billion

CNOOC Fujian LNG Receiving Terminal and Trunk Line Project Emerson Process Management has been awarded the fiscal metering contract for the Fujian

LNG-import terminal project. The terminal being constructed in Fujian Province, Peoples

Republic of China, will be owned and operated by CNOOC Fujian LNG Co. Ltd., a co-

investment of China National Offshore Oil Corporation (CNOOC) and the Fujian Investment

and Development Corporation.

Fujian will be China's second LNG importation terminal, importing 2.6 million tons of liquid

natural gas annually, intended to supply two major new power plants, together with the five

major coastal cities. Commercial operation is targeted to begin in early 2008.

Emerson has engineered and delivered its Daniel® natural gas metering systems on twelve

high-performance gas metering skids that ensure high integrity, accurate, reliable

measurement of natural gas volume, quality, composition and calorific value. Accurate,

reliable custody transfer measurement of natural gas is critical for fiscal accounting and

taxation purposes.

Emerson Process Management’s Daniel products in this project include ultrasonic metering

skids and gas turbine metering skids, including products such as the Daniel SeniorSonic™ gas

ultrasonic meters, Daniel gas turbine meters, Daniel flow computers and Daniel Danalyzer™

gas chromatographs.

“We know we can trust the Emerson Process Management commitment made to CNOOC in

this project,” said Mr. Zhang Hao, general manager of Fujian LNG. “Emerson has an

outstanding track record, and we have been very impressed by the Daniel solution. The award

of this contract is just the beginning of our business relationship.”

Page 2: Emerson Awarded Contract for Fiscal Metering of China’s $3 ... · committed to meeting the CNOOC requirements and timing for fiscal metering with our industry leading Daniel technology,

Page 2 of 4

”We are delighted to be selected by Fujian LNG for the fiscal metering responsibility for the

second terminal in China,” commented John Berra, president of Emerson Process

Management. “Emerson is enjoying significant growth in the global LNG industry, and we are

committed to meeting the CNOOC requirements and timing for fiscal metering with our

industry leading Daniel technology, skids, and services.”

- ENDS -

Page 3: Emerson Awarded Contract for Fiscal Metering of China’s $3 ... · committed to meeting the CNOOC requirements and timing for fiscal metering with our industry leading Daniel technology,

Page 3 of 4

Notes for the Editor:

About Emerson Process Management

Emerson Process Management (www.EmersonProcess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, power, water and wastewater treatment, pulp and paper, food and beverage, pharmaceutical and other industries. A division of Emerson, Daniel Measurement and Control (www.daniel.com) is a global leader in providing fiscal flow and energy measurement solutions to the oil and gas industry. Daniel integrates products and services to supply best-in-class integrated custody transfer measurement systems for both liquid and gas measurement. Daniel custody transfer measurement systems play a key role in the Emerson mission of combining superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Emerson brands include PlantWeb®, Daniel®, Bristol®, Brooks®, Fisher®, Micro Motion®, Rosemount®, Mobrey®,DeltaVTM, Ovation®, and AMSTM Suite.

About Emerson

Emerson is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2005 were $17.3 billion. For more information, visit www.GoToEmerson.com Daniel, SeniorSonic and Danalyzer are marks of Emerson Process Management. Other marks are property of their respective owners.

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Page 4 of 4

CONTACT ADDRESSES:

If you wish to publish for your readers the address, telephone and fax details to contact Emerson Process Management, the relevant information for this press release will be: Daniel Europe Ltd, Emerson Process Management, Logie Court, Stirling University Innovation Park, Stirling, Scotland FK9 4NF

Telephone: +44 (0)1786 433499 Fax: +44 (0)1786 433401 Email: [email protected] Web: www.EmersonProcess.com FURTHER PRESS INFORMATION:

Our Ref 501273 Issued by: HHC Lewis Limited

22-26 Commercial Road Southampton SO15 1GE

Tel: +44 (0)23 8022 6361

Fax: +44 (0)23 8033 1585 Illustration: A photo is available to illustrate this release, and is

shown on the attached sheet. Copies of this photo are available on request from Genevieve Nicholls.

Photo enquiries: Genevieve Nicholls

Email: [email protected] Technical enquiries to: Roger Cherry

Email: [email protected] Reader enquiries to: Tom Mooney Daniel Europe Ltd Emerson Process Management Logie Court Stirling University Innovation Park Stirling,

Scotland FK9 4NF Email: [email protected]