EXMAR is pleased to announce that it has today signed contracts with Regasificadora Del Pacífico S.A.S. (“RDP”) in respect of the deployment of a floating storage unit (“FSU”) on the west coast of Colombia.

RDP is developing a fast track LNG import solution in the inner bay of Buenaventura, under a term contract signed with Ecopetrol S.A. in February of 2025 to provide regasification and logistics services for a volume of 60 MMCFD of gas.

The solution will be based on the deployment of a floating LNG storage and offloading unit, where the LNG will be loaded from LNG carriers and offloaded into isotainers for the transportation to the port of Buenaventura D.E. by barge. Subsequently, the isotainers will be loaded on trucks and transported to the regasification plant in Buga, where the LNG will be regasified and injected into the National Transport System. This solution will allow Ecopetrol to bring in a new source of imported gas to Colombia, contributing to the energy security of the country.

EXMAR will lease the FSU to RDP and EXMAR’s experienced operation and maintenance teams have been entrusted with the management of the FSU, under contracts with a duration of 5 years firm, with options to extend. The contracts were signed in Eemshaven, the Netherlands, during a visit of Colombian stakeholders to the LNG import facility of EemsEnergyTerminal, where EXMAR’s Eemshaven LNG is deployed. The Buenaventura LNG project and underlying contracts with EXMAR are still subject to final investment decision and other customary conditions precedent. These are expected to be lifted in Q4 2025.

EXMAR’s CEO, Carl-Antoine Saverys said “EXMAR is excited to embark on this journey with the experienced project development teams of the RDP group. We are confident that the combined strengths of EXMAR’s expertise and RDP’s project development experience in Colombia will offer an innovative LNG import solution.”

RDP’s President, Oscar Isaza said “The signing of this contract not only marks a milestone for RDP as a maritime logistics company, but it is even more significant and decisive to have the endorsement of more than 60 community, union, educational, and institutional leaders from Buenaventura and Buga. For RDP it is essential to partner with EXMAR to coordinate and implement the project in a responsible way. Today, we strengthen the integration of both companies and demonstrate the sustainable development we can achieve by working together.”

About EXMARx

EXMAR is a provider of floating solutions for the operation, transportation and transformation of gas, and owns a fleet of 40 LPG/ ammonia carriers and various floating LNG and offshore infrastructure solutions. EXMAR creates economically viable and sustainable energy value chains in long-term alliances with firstclass business partners. Being the world’s largest independent transporter of ammonia and building upon the experience and knowledge gained from more than four decades of gas shipping.