Australia LNG

hotspot
Dr Graeme Bethune
CEO, EnergyQuest
28 February 2012

EnergyQuest

Energy analysis and strategy | Copyright 2012 EnergyQuest

Land of oil and gas opportunity

Australia set to become the worlds largest LNG producer

$180 billion of projects under construction

More projects on the drawing board

More gas potential. Great CBM already and potential for shale gas and
oil

Extensive onshore acreage under exploration

Shortage of skills

Foreign investment welcomed

Canadian involvement already: ATCO, Enerflex, Talisman, Vermillion,

Ensign Drilling, Savanna Drilling, E&P companies etc

Energy analysis and strategy | Copyright 2012 EnergyQuest

Australian oil

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

Australian gas

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

Strong international gas demand

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

Australian gas production to triple

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

Chevrons Gorgon

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

Chevrons Wheatstone

Energy analysis and strategy | Copyright 2012 EnergyQuest

Shells Prelude Floating LNG

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

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INPEXs Ichthys

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

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BGs CBM QCLNG

Energy analysis and strategy | Copyright 2012 EnergyQuest

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Santos/Petronas/Totals CBM GLNG

Energy analysis and strategy | Copyright 2012 EnergyQuest

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ConocoPhillips & Origins CBM APLNG

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

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CSG challenges/opportunities

World first LNG from CSG

Upstream

Sufficient gas deliverability to fill the trains

Land access

Water treatment and salt disposal

Environmental/community issues

Opportunities in gas storage

Downstream

Labour and skills

Industrial relations

Environment

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Extensive exploration potential

Source: EnergyQuest
Energy analysis and strategy | Copyright 2012 EnergyQuest

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Conclusion

Australia full of oil and gas opportunities

Conventional, CSG, shale

Mega LNG projects

Active junior exploration sector

Welcoming companies from around the world

From the worlds majors to junior start-ups

Energy analysis and strategy | Copyright 2012 EnergyQuest

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Thank you

Energy analysis and strategy | Copyright 2012 EnergyQuest

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