McDermott and Chiyoda have continued co-operatives discussions with Golden Pass LNG Terminal LLC and have signed a binding term sheet addressing the key components of an agreement for completion of Trains 2 and 3 od the project.

When combined with the amendment of the EPC contact for the completion of the full scope of Train 1, and when converted into approved contract amendment, this term sheet addresses the full scope and commercial terms for completion of the project.

McDermott, Chiyoda, and Golden Pass LNG Terminal LLC will continue engagements to finalise amendment to the contract and will disclose when such agreements have been concluded.