• Norwegian owner of TNGC, holding 49% share of it.

• Established in 1914

• Listed on the Oslo Stock Exchange

• A maritime transportation service company providing value-added service to worldwide customers

I.M.S' strategy in China is to develop the market potential for gas transport in a logistically demanding market through the joint venture company, TNGC, and to establish and organization that will contribute to even more cost-effective fleet operations in Asia.

I.M.SKAUGEN Corporate Structure

• Chinese owner of TNGC, holding 51% share of it

• Established in Jan. 1989

• Listed in Shenzhen Stock Exchange on Dec. 17, 1996

• Main business is sale of oil product, petroleum and LPG

• Has its exclusive railway line, self-prepared truck and many large LPG stations

• Also has great advantage in local market and comparative advantage in peripheral market

• Has 12 subsidiary companies.