Firm Represents Shell In Significant Gas Supply Agreement

April 21, 2009

Houston, TX (April 21, 2009) — Bracewell & Giuliani LLP served as special counsel for Shell U.S. in connection with regulatory matters associated with Royal Dutch Shell Group's recent gas supply arrangement with Gazprom. The parties have agreed to purchase liquefied natural gas (LNG) from the Sakhalin Energy Investment Company over 20 years. Gazprom is a Russian oil and gas company, and the world's largest extractor of LNG.

The two companies have committed to purchase 1 million tonnes of LNG each, through 2028. The LNG will come from the Sakhalin II project in eastern Russia. In addition, the companies agreed to a new pipeline supply agreement, which will provide Shell with 1 mtpa from Russia to Europe.

Within the U.S., this series of agreements also means that Gazprom will receive capacity in Sempra's Energia Costa Azul LNG import terminal in Baja California, Mexico, and pipeline capacity to transport gas to Southern California. This will occur under long-term assignment from Shell U.S. Bracewell assisted Shell U.S. with regulatory matters associated with the pipeline capacity arrangements.