Australia Pacific LNG W arw ick King, CEO Australian Dom estic Gas - - PowerPoint PPT Presentation

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Australia Pacific LNG W arw ick King, CEO Australian Dom estic Gas - - PowerPoint PPT Presentation

Jul 14, 2023 193 likes •287 views

Australia Pacific LNG W arw ick King, CEO Australian Dom estic Gas Outlook 2 0 1 8 Strategies for Unlocking New Supply Wednesday 28 February 2018 Australia Pacific LNG A$35 billion capital investment to date ~ $3 billion in 2018

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SLIDE 1

Australia Pacific LNG

W arw ick King, CEO

Australian Dom estic Gas Outlook 2 0 1 8 Strategies for Unlocking New Supply Wednesday 28 February 2018

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SLIDE 2

Australia Pacific LNG

  • A$35 billion capital

investment to date

  • ~ $3 billion in 2018
  • World class resource
  • One of the largest east

coast gas suppliers

  • Supplies around 30 per

cent of Australia’s south eastern domestic gas market in 2018

  • LNG exports
  • New resource plays

2 | Australia Pacific LNG - ADGO 2018

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SLIDE 3

Strategies for unlocking new supply

  • Access to resources
  • Policy settings
  • Technology development
  • Social licence to operate

3 | Australia Pacific LNG - ADGO 2018

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SLIDE 4

Access to resources

4 | Australia Pacific LNG - ADGO 2018

  • Access to resources not

uniform across Australia

  • Focus on maximizing existing

development

  • Current bans present

challenges for new supply

  • New resources developed

near to demand centers will deliver supply at lowest cost

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SLIDE 5

Getting the policy settings right

5 |

  • Create the right regulatory and

fiscal environment

  • Allow free market to operate
  • Stable policy encourages resource

development

  • Queensland a leader in bipartisan

support for gas industry development

  • Long-term certainty for investment

decisions

Australia Pacific LNG - ADGO 2018

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SLIDE 6

I nnovation and technology developm ent

6 | Australia Pacific LNG - ADGO 2018

  • Maximising returns from

existing fields

  • Continual improvement
  • Targeted and controlled

drilling technology trials

  • Assessing new well head

designs

  • Reviewing compression

technology

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SLIDE 7

Social licence to operate

7 | Australia Pacific LNG - ADGO 2018

  • Essential part of day-to-

day business

  • Working closely with

local communities

  • Sitting down with

landholders to co-design developments

  • Listen and be willing to

be part of the community

  • Community investment

$43 million

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SLIDE 8

I n conclusion

8 | Australia Pacific LNG - ADGO 2018

  • Clear policy and bi-partisan

support

  • Innovation and technology

trials

  • Engaging with and listening

to landholders and community

  • Access to resources is

critical