Subject:   HNS-LNG Correspondence Group: Background information
From:      erikro@ulrik.uio.no
Date:      Tue, September 25, 2007
To:        "Julien RAYNAUT" <Julien.RAYNAUT@gaselys.com>



Dear Julien,

You will recall that one of the many very pertinent observation in the
Correspondence group was that the group had discussed the LNG contribution
issues solely form a legalistic point of view. I would now like to pick up
on this, and ask you for some information on the factual situation for the
LNG industry. Therefore, I would be very grateful indeed if you could give
me some ideas – or even figures – on the following:

-What level are the payments annually for the LNG industry in respect of
liabilities of the nature covered by the HNS Convention? What percentage
of the budget would typically be set aside for liabilities?

-What level are the payments annually for the LNG industry in respect of
insurance of liabilities of the nature covered by the HNS Convention? What
percentage of the budget would be set aside for insurance premiums?

-What would be typical maximum insurance cover for an LNG terminal today?

I am sure that the level of these figures are not totally unknown to the
LNG industry, at least if they are significant. An indication of these
figures would certainly help very much to keep the discussions in London
in a realistic perspective.

Kind regards,
Erik