BP IN INDONESIA

BP is one of the largest foreign investors in Indonesia. Through its heritage companies, BP has
over 45 years of operating history in the country, and we remain committed to Indonesia.

Activities are dominated by our exploration and production businesses, particularly the Tangguh
LNG plant. Beyond that, every BP main stream is also represented here from upstream, to
downstream and petrochemicals.

BP has a strong presence in Papua Barat where we adopted a fully integrated approach to
development and its impact on local communities.

Tangguh LNG is a unitized development of six gas fields located in the Wiriagar, Berau and
Muturi Production Sharing Contracts (PSCs) in Bintuni Bay, Papua Barat.

The gas reserves were discovered in the mid-1990s by Atlantic Richfield Co. (ARCO). Tangguh
LNG is operated by BP Berau Ltd. (100% owned by BP). Other wholly-owned BP subsidiaries
in Tangguh LNG development are BP Muturi Holdings B.V., BP Wiriagar Ltd. and Wiriagar
Overseas Ltd. giving BP a 40.22% unitized participating interest in Tangguh LNG.

Other Tangguh Partners are:

MI Berau B.V. (16.30%)

CNOOC Muturi Ltd. (13.90%)

Nippon Oil Exploration (Berau) Ltd. (12.23%)

KG Berau Petroleum Ltd (8.56%)

KG Wiriagar Overseas Ltd. (1.44%)

Indonesia Natural Gas Resources Muturi Inc. (7.35%)

Tangguh started production in 2009, just four years after its initial sanction by the Government
of Indonesia, and is operating at design capacity with work now ongoing to expand the plant
through the addition of a third train (Train 3).

Other Businesses

BP operates all of its main business streams in Indonesia, including petrochemicals, lubricants,
and aviation fuel businesses, as well as upstream activities.
Air BP-AKR Aviation

In 2016, Air BP and AKR announced the signing of a joint venture agreement, creating joint
venture company PT Dirgantara PetroIndo Raya. It will operate under the name of Air BP-AKR
Aviation with the remit to develop an aviation fuel business in Indonesia.

BP Petrochemicals Indonesia

In early 2014 BP agreed to purchase all interests held by Japans Mitsui Chemicals, Inc. (MCI)
and Mitsui & Co. Ltd. (MBK) in PT. Amoco Mitsui PTA Indonesia (AMI), a joint venture for
production and sales of purified terephthalic acid (PTA), bringing total BP shares in the company
to 100%.

The new company, PT. BP Petrochemicals Indonesia (BPPI) has its head office in Jakarta and a
manufacturing plant at Merak, on the western coast of Java. The plant produces 530,000 tons a
year of PTA, a raw material for polyester which is used in clothing, food and drink packaging
and certain industrial applications.

Castrol Indonesia

Castrol is a brand of industrial and automotive lubricants, which has been recognized as a top
international brand in Indonesia.A

Castrol first entered the Indonesian market in 1970. Then, in 1998 PT. Castrol Indonesia was
established to handle the Castrol lubricant oil marketing throughout the country. The product
brands of lubricant oil marketed are: Castrol Power 1 and Castrol Activ for motorcycles, and
Castrol Edge, Castrol Magnatec and Castrol GTX for passenger cars. Most of these lubricant
products are manufactured at Castrol's world-class, fully automated 80,000 MT/annum lube oil
blending plant in Merak, Banten.