Port Arthur Refinery DCP Project

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About the projectHistoryProject started at $900 million, now $2.2 billionFactors into awarding projectCurrent schedule status

Building:Delayed CokerVacuum DillationDistillate HydrotreatmentNaphtha HydrotreatmentHydrogen PurificationSulfur Recovery UnitPower supply (230 kV)

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About the projectMoving forward, as planned

Commitment echoed by Mr. Michel Bénézit in January In a recent Bloomberg article, CEO Christophe de Margerie

said: “The project is well underway. We have no intention to stop. It’s a good project.”

Environmental impact Energy efficient Minimizes emissions

Produces high quality motor fuels

Allows processing heavier crudes

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Project progress

Click here to view video.

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Coker unit

NHT & DHT

Sulfur

unit

VDU

Warehouse

Bus loading

DCP Construction

offices

DCP Offices

Tru

ck s

tagin

g

BASF

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Economic impact*During the projectWill peak with more than 3,000 construction jobsTo generate more than $2.1 billion in new economic

developmentEstimate taxable worker spending - $238 millionEstimate construction workers salaries (direct &

indirect) - $1.3 billion

First 25 yearsEstimate permanent jobs created – 300Estimate revenues for area business - $23.2 billionEstimated taxable worker spending - $101 million

*According to Impact DataSources of Austin

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Economic impact video

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Workforce developmentProven track record

Golden Triangle Empowerment Center

$170,000 in donations

Contributions to: Memorial High School scholarships Texas Workforce Solutions scholarships ABC IBEW & Pipefitters Union minority scholarships Vocation school donations – PNG & PAISD $60,000 in contributions will be made this year to Lamar State

College & LIT Foundation.

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Workforce Development video

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HiringOperatorsNumber of resumes received: 866Number that met minimum requirements: 393Number showed up to test: 348Number passed: 151Number interviewed: 140Total hires: 45

Technical school hiresOf 53 tested, 25 passed test15 hired – the majority from Lamar Institute of Technology

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HiringOperators by county43% - Jefferson23% - Orange8% - Hardin3% - Jasper & Tyler6.5% - Harris14.5% - Louisiana

Additional hires88 employees projected for hire in 2009 (68 already here)Backfilling for those moved into DCP-related positions

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Evaluating subcontractors

Before project approval, strategy to bid substantial amount of projects locally

Based on business scoreLocal taken into consideration during process

Minority contracts

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Local spending

62%38%

Local

Non-local

Expected final distribution of contracts

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1%3%

53%

18%

25%

Beaumont

Nederland

Port Arthur

Port Neches

Lumberton

Local spending by city

Local spending

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Local spending

Total spent to date locally: $438,396,820Many local companies utilized in projectContracts with national companies with local office not included

in the above numberWorkers living and spending in the community

Future contracts

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Community relationsWith neighborsMinimizing disturbances

Berm & fence built Dust suppression Addressing neighbor concerns

Community Advisory Panel

Traffic & congestionUtilizing local law enforcementTraffic studies – working with TxDOT & SETX Rideshare

Committee

Dredging the Rainbow Marina

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Hurricane IkeTotal EmployeesAssisted all employees in need

Covered damaged roofs Dried out homes Offered temporary housing & temporary storage Handed out supplies $2.3 million in employee assistance $1.2 million in employee home repairs alone.

CommunityGasoline & supplies

Rainbow HavenClean-up effort

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Hurricane video