Energy World Corporation Ltd · ASX:EWC
Energy World — Shareholder Meeting (November 2018)
127 slides from Energy World's shareholder meeting presentation, Nov 29, 2018
Slide 1: Annual General Meeting 29 November 2018
ENERGY WORLD CORPORATION LTD. For personal use only Annual General Meeting 29 November 2018 DELIVERING CLEAN ENERGY TO ASIA PRESERVING THE ENVIRONMENT
Slide 2: Disclaimer
Disclaimer For personal use only These materials have been prepared by Energy World Group (the "Company") solely for information use during this presentation. These materials may not be copied, reproduced, passed on or redistributed, directly or indirectly, to any other person (whether within or out
Slide 3: Financial Highlights 2018
For personal use only Financial Highlights 2018 ENERGY WORLD CORPORATION
Slide 4: Financial Highlights – Revenue
Financial Highlights – Revenue For personal use only Revenue by segment 200,000 180,000 160,000 140,000 120,000 USD'000 100,000 80,000 60,000 40,000 20,000 0 FY2014 Reported FY2015 Reported FY2016 Reported FY2017 Reported FY2018 Reported Revenue Revenue Revenue Revenue Revenue Australia: Oil & Gas 1
Slide 5: Financial Highlights – Gross Profit
Financial Highlights – Gross Profit Gross Profit For personal use only 120,000 100,000 80,000 USD' 000 60,000 40,000 20,000 - FY2014 FY2015 FY2016 FY2017 FY2018 Gross Profit 92,095 105,926 111,100 106,436 96,764 Gross profit of US$96.8m was down 9.1%, principally as a result of decreased gas product
Slide 6: Financial Highlights – Fixed Assets Continue to grow
Financial Highlights – Fixed Assets Continue to grow Oil & Gas Assets, PP&E, Assets Under Construction and For personal use only Exploration & Evaluation Assets 1,600,000 1,400,000 1,200,000 1,000,000 USD'000 800,000 600,000 400,000 200,000 - FY2014 FY2015 FY2016 FY2017 FY2018 Oil & Gas Assets 109,9
Slide 7: Corporate Updates
For personal use only Corporate Updates ENERGY WORLD CORPORATION
Slide 8: Corporate Updates
Corporate Updates • Energy World International (“EWI”), our major shareholder, converted its US$25m For personal use only convertible Note into equity at an exercise price of A$0.50, two years ahead of maturity • EWI continued its strong financial support advancing a further US$15m of working capita
Slide 9: Indonesia – Update: Sengkang Gas Field
Indonesia – Update For the Sengkang Gas Field For personal use only • As announced on 2 September 2018 their has been widespread media reporting on an announcement by the Vice Minister on an extension of the Sengkang PSC • At this stage we have not received any official advice and can not comment •
Slide 10: Indonesia – Update: Sengkang Power Station and LNG
Indonesia – Update For the Sengkang Power Station For personal use only • We made a scheduled repayment of US$17.8m of principal and interest on the Sengkang Power Plant project funding facility in April 2018, fully repaying 6 of the 9 lenders • We have had early discussions with appropriate authori
Slide 11: Indonesia – Growth Opportunities
For personal use only Indonesia – Growth Opportunities If we can secure an extension to the PSC, we have many opportunities to expand in Sengkang, given PT Lapi ITB estimates of 7- 9 TCF of gas in place ENERGY WORLD CORPORATION
Slide 12: Indonesia – Update
Indonesia – Update Mr. Arcandra Tahar, Vice Minister of Energy and Mineral Resources, Republic of Indonesia, discussing the PSC extension with Mr. Stewart Elliott and For personal use only Mr. Brian Allen on 22 November 2018 ENERGY WORLD CORPORATION
Slide 13: Australia – Update
Australia – Update • In Australia we secured A$2m in Australian Government funding to accelerate our For personal use only Eromanga and Gilmore gas field refurbishment programme • We have commenced the process to restart gas production from the Eromanga gas field, expected to be achieved in 2H 2019,
Slide 14: Philippines – Update
Philippines – Update • Landbank and DBP have provided us with updated finance terms, for For personal use only which they are currently seeking internal approval • Simultaneously, we are documenting the proposed transaction and working through the required Conditions Precedents that will form part o
Slide 15: Philippines – Update
For personal use only Philippines – Update ENERGY WORLD CORPORATION
Slide 16: Philippines – Update: Connection Agreement
Philippines – Update EWC HAS A CONNECTION AGREEMENT TO: Right of Way and 230 KV Line 1)CONNECT 600MW TO THE NEW PAGBILAO SUBSTATION For personal use only NGCP TAYABAS 2)CONNECT 200MW AS A TIE IN TO THE TAYABAS-NAGA LINE SUB-STATION NEW PAGBILAO We entered into a binding agreement with a Land Agent,
Slide 17: Pagbilao Power Plant – A Pathway to Completion
Pagbilao Power Plant – A Pathway to Completion OCT 2017 For personal use only DEC-2011 • NGCP Confirms the location of the New Pagbilao Sub Station. 2011 EWC receives DOE Endorsement for LNG Power Project at Pagbilao NGCP Construction of New Pagbilao HV Substation JUN-2013 EWC receives DOE Approval
Slide 18: Philippines – Update
For personal use only Philippines – Update Construction of 12 KM transmission Line Concreting of Tower 1 Foundations Site Preparation at Tower 5 Foundation ENERGY WORLD CORPORATION
Slide 19: Project Updates
For personal use only Project Updates ENERGY WORLD CORPORATION
Slide 20: Our Projects
Our Projects Energy World’s focus is on LNG to Asia For personal use only Projects Existing Assets Under Development South Korea Japan China Sengkang Philippines Power Plant Pakistan LNG Hub Block 1 & Block 2 India Bangladesh Taiwan Myanmar Hong North Pacific Ocean Sengkang Laos Kong Philippines Pow
Slide 21: Sengkang Power Station Indonesia
For personal use only Sengkang Power Station Indonesia ENERGY WORLD CORPORATION
Slide 22: Indonesia – Sengkang Power
For personal use only Indonesia – Sengkang Power • The Sengkang Power Station is 315 MW, comprising of Block 1 of 135 MW and Block 2 of 180 MW • Gas is obtained from the Sengkang gas field • Electricity is sold under a take or pay PPA with PLN. • The PPA is currently until 2022. We have had initial
Slide 23: Indonesia – Sengkang Power
Indonesia – Sengkang Power Sengkang Power Station Block 1 and Block 2 For personal use only Block 2 Aerial view of Sengkang Power Plant Block 1 ENERGY WORLD CORPORATION
Slide 24: Sengkang Production Sharing Contract (PSC) Indonesia
For personal use only Sengkang Production Sharing Contract (PSC) Indonesia ENERGY WORLD CORPORATION
Slide 25: Indonesia – Sengkang Gas
Indonesia – Sengkang Gas The Sengkang PSC Block is located in the province of South Sulawesi. The PSC is For personal use only operated by Energy Equity Epic Sengkang (“EEES”) which is 100% owned by EWC and covers 2,925 square kilometres. Gas from the PSC is supplied to the 315MW Sengkang Power Stat
Slide 26: Indonesia – Sengkang Gas
Indonesia – Sengkang Gas Mr. Stewart Elliott inspecting Booster Compressor Factory in Houston For personal use only ENERGY WORLD CORPORATION
Slide 27: Indonesia – Sengkang Gas
Indonesia – Sengkang Gas Booster Compressor Package Loaded on Truck in Houston For personal use only ENERGY WORLD CORPORATION
Slide 28: Indonesia – Sengkang Gas
Indonesia – Sengkang Gas Booster Compressor Plinth Foundation For personal use only ENERGY WORLD CORPORATION
Slide 29: Indonesia – Sengkang Gas
Indonesia – Sengkang Gas Booster Compressor Plinth Foundation For personal use only ENERGY WORLD CORPORATION
Slide 30: Indonesia – Sengkang Gas
Indonesia – Sengkang Gas Gas Processing Plant in Sengkang Indonesia For personal use only ENERGY WORLD CORPORATION
Slide 31: Indonesia – Sengkang Gas
Indonesia – Sengkang Gas Gas Processing Plant in Sengkang Indonesia For personal use only ENERGY WORLD CORPORATION
Slide 32: Sengkang LNG Plant Indonesia
For personal use only Sengkang LNG Plant Indonesia ENERGY WORLD CORPORATION
Slide 33: Indonesia – Sengkang LNG
For personal use only Indonesia – Sengkang LNG The Sengkang LNG Plant has a design capacity of 2 mtpa, consisting of 4 modular 500,000 tpa trains, an import/export terminal and jetty facilities Construction is 80% complete Gas will be purchased from our Sengkang gas field, where an allocation agreem
Slide 34: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG View of LNG Plant Site For personal use only ENERGY WORLD CORPORATION
Slide 35: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG View of LNG Plant Site For personal use only ENERGY WORLD CORPORATION
Slide 36: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG View of LNG Plant Site For personal use only ENERGY WORLD CORPORATION
Slide 37: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG LNG Tank and Cold Box For personal use only ENERGY WORLD CORPORATION
Slide 38: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Main Processing Plant Area For personal use only ENERGY WORLD CORPORATION
Slide 39: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Main Processing Plant Area For personal use only ENERGY WORLD CORPORATION
Slide 40: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Main Processing Plant Area For personal use only ENERGY WORLD CORPORATION
Slide 41: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Main Processing Plant Area For personal use only ENERGY WORLD CORPORATION
Slide 42: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Main Processing Plant Area For personal use only ENERGY WORLD CORPORATION
Slide 43: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG SIEMENS Compressor Trains For personal use only ENERGY WORLD CORPORATION
Slide 44: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG SIEMENS Compressor Trains For personal use only ENERGY WORLD CORPORATION
Slide 45: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Main Processing Plant Area For personal use only ENERGY WORLD CORPORATION
Slide 46: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Main Processing Plant Area For personal use only ENERGY WORLD CORPORATION
Slide 47: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Progress of Marine Jetty For personal use only ENERGY WORLD CORPORATION
Slide 48: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Progress of Marine Jetty For personal use only ENERGY WORLD CORPORATION
Slide 49: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG 12.5m Gangway Tower at Marine Jetty For personal use only ENERGY WORLD CORPORATION
Slide 50: Indonesia – Sengkang LNG
Indonesia – Sengkang LNG Cutter Suction Dredger For personal use only ENERGY WORLD CORPORATION
Slide 51: Our Australian Projects
For personal use only Our Australian Projects Existing Facilities ENERGY WORLD CORPORATION
Slide 52: Australian Gasfields – Positioned for Growth
Australian Gasfields – Positioned for Growth For personal use only AGF owns significant interests in onshore gas fields with existing gas discoveries Existing wells are PL115 PL116 connected to existing PL 1030-1033 infrastructure. PL 184 ATP 932 PL 117 We have held onto (Eromanga) these assets sinc
Slide 53: Energy Security Issues Providing a Market Opportunity for AGF
Energy Security Issues Providing a Market Opportunity for AGF For personal use only Valuable East Coast Gas Resource Waiting in the The Timing Is Right Wings Effective Interest Economic fundamentals PL 65 Gilmore 100% Politics and policy support Bunya & Cocos (PL115 &PL116) Eromanga 100% GAP funding
Slide 54: AGF – Short Term Rewards with Large Upside Potential
AGF – Short Term Rewards with Large Upside Potential AGF seeks to maximize the potential return through a For personal use only Revenue structured plant refurbishment, work-over, seismic and Potential drilling program, with early cash flow expected. Unconventional Drilling - upside Unconventional dr
Slide 55: Australia – Eromanga Gas Field
Australia – Eromanga Gas Field PL 115 & PL 116 (Bunya and Cocos) plus PL 1030, PL 1031, PL 1032 and PL 1033, together with the acquisition of outstanding share of PL 184, For personal use only PL117 and ATP 932 Our Eromanga gas fields were commissioned in 1999 and have produced 1.3 bcf of gas from P
Slide 56: Australia – Eromanga Facilities
Australia – Eromanga Facilities For personal use only Facilities have the potential to provide 12 TJ per day (4.38 PJ per year) Facilities already connected to the Queensland market through the Carpentaria Pipeline Assessment process to bring the facilities back online has begun with initial positiv
Slide 57: Australia – Eromanga Development Plans
Australia – Eromanga Development Plans Eromanga development plan anticipates production in 2H 2019, ramping up For personal use only through the subsequent connection of PL 184 into existing facilities, targeting different zones and future exploration wells. 2019 2020 2023 2030 RESTART EROMANGA WELL
Slide 58: Australia – Eromanga Gas Field
Australia – Eromanga Gas Field View of Eromanga Gas Field For personal use only ENERGY WORLD CORPORATION
Slide 59: Australia – Eromanga Gas Field
Australia – Eromanga Gas Field View of Eromanga Gas Field For personal use only ENERGY WORLD CORPORATION
Slide 60: Australia – Eromanga Gas Field
Australia – Eromanga Gas Field View of Eromanga Gas Field For personal use only ENERGY WORLD CORPORATION
Slide 61: Australia – Gilmore Gas Field
Australia – Gilmore Gas Field The Gilmore gas field was discovered For personal use only in 1964 and has produced 8.8 bcf of gas before being put on care and maintenance in 2001. PL 65 3 wells have produced gas Gilmore (PL65) Independent reports have confirmed the resource potential Deeper wells, mo
Slide 62: Australia – Gilmore Facilities
Australia – Gilmore Facilities Gas processing facilities are in place and have the potential to provide 12 TJ per For personal use only day (4.38 PJ per year) Assessment process to bring the facilities back online has begun, with positive early feedback. We expect relatively modest capex requirement
Slide 63: Australia – Gilmore LNG
Australia – Gilmore LNG AGF has partially completed the development of a 56,000 tpa LNG processing plant For personal use only AGF believes there is a market available for domestically distributed LNG, to fill a shortfall in current gas supplies, but also in the longer term for communities in remote
Slide 64: Australia – Gilmore Development Plans
Australia – Gilmore Development Plans The Gilmore development plan anticipates production in 2020 ramping up For personal use only through further well workovers and future exploration wells, together with the completion of the LNG facility 2019 2020 2023 2030 GILMORE 3 EXISTING PRODUCTION INITIAL W
Slide 65: Australia – Gilmore Development Plans
Australia – Gilmore Development Plans Gas previously flowed at 1.8 mmcfd For personal use only Additional Production Unconventional Production from from Existing well New horizontal wells • We will utilise technology that was not available when the field was discovered • This technology has been tri
Slide 66: Australia – Gilmore Gas Field
Australia – Gilmore Gas Field View of Gilmore Gas Field For personal use only ENERGY WORLD CORPORATION
Slide 67: Australia – Gilmore LNG Project
Australia – Gilmore LNG Project Erection of Process Equipment For personal use only ENERGY WORLD CORPORATION
Slide 68: Australia – Gilmore LNG Project
Australia – Gilmore LNG Project Process Equipment For personal use only ENERGY WORLD CORPORATION
Slide 69: Other Projects – PEL 96
Other Projects – PEL 96 AGF Interest 33.3% For personal use only Operating Strike Energy Party Status Strike has recently completed the Jaws-1 well, which underwent PEL 96 dewatering. Commerciality will be declared once the sustained gas production crosses the threshold for booking a reserve Souther
Slide 70: Philippines Projects
For personal use only Philippines Projects The Philippines – Pagbilao LNG Hub Terminal and Power Plant ENERGY WORLD CORPORATION
Slide 71: Philippines – Pagbilao LNG Hub Terminal
For personal use only Philippines – Pagbilao LNG Hub Terminal Pagbilao Power Plant and LNG PHILIPPINES Terminal: Terminal will act as a hub for onward distribution of LNG throughout the Philippines We are also developing a 650MW Manila CCGT power plant at this site Pagbilao LNG Hub Terminal and
Slide 72: Our LNG Projects – LNG Hub Terminal
For personal use only Our LNG Projects The Philippines – Pagbilao LNG Hub Terminal and Power Plant LNG Hub Terminal ENERGY WORLD CORPORATION
Slide 73: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal • The Hub is a strategically important asset for Philippines nascent gas industry For personal use only • 130,000 m3 LNG Hub Terminal is 92% completed • Deep water jetty is capable of handling all sizes of LNG vessels • Facility is capable of handling 3 mtpa o
Slide 74: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal View of The Tank and Power Station For personal use only ENERGY WORLD CORPORATION
Slide 75: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal View of The Tank No. 1 For personal use only ENERGY WORLD CORPORATION
Slide 76: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Construction of Tier 1 & 2 For personal use only ENERGY WORLD CORPORATION
Slide 77: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Construction of Roof Dome Pump Platform For personal use only ENERGY WORLD CORPORATION
Slide 78: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal LNG Tank No.1 & No. 2 For personal use only LNG Tank No.1 LNG Tank No.2 ENERGY WORLD CORPORATION
Slide 79: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Site Foundation of LNG Tank No. 2 For personal use only ENERGY WORLD CORPORATION
Slide 80: Philippines – Pagbilao LNG Hub Terminal
For personal use only Philippines – Pagbilao LNG Hub Terminal LNG Jetty ENERGY WORLD CORPORATION
Slide 81: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Layout Plan of Jetty Area For personal use only 330 m ENERGY WORLD CORPORATION
Slide 82: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal View of Jetty Area For personal use only ENERGY WORLD CORPORATION
Slide 83: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal View of Jetty Area For personal use only ENERGY WORLD CORPORATION
Slide 84: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal View of Jetty Area For personal use only ENERGY WORLD CORPORATION
Slide 85: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Gangway Tower & Fire Monitoring Towers installation completed For personal use only ENERGY WORLD CORPORATION
Slide 86: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Jetty Walkway For personal use only ENERGY WORLD CORPORATION
Slide 87: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Welding and Insulation of LNG Pipeline For personal use only ENERGY WORLD CORPORATION
Slide 88: Philippines – Pagbilao LNG Hub Terminal
Philippines – Pagbilao LNG Hub Terminal Installation of LNG Pipeline For personal use only ENERGY WORLD CORPORATION
Slide 89: Philippines – Pagbilao Power Combined Cycle Gas Fired Power Station
For personal use only Philippines – Pagbilao Power 650 MW Combined Cycle Gas Fired Power Station ENERGY WORLD CORPORATION
Slide 90: Philippines – Pagbilao Power
For personal use only Philippines – Pagbilao Power • 650 MW Combined Cycle Gas Turbine Power Plant construction is significantly completed • Project is being developed in stages: • Block 1 - 200 MW gas turbine (87% complete) • Block 2 - 200 MW gas turbine (84% complete) • Block 3 - 250 MW steam turb
Slide 91: Philippines – Pagbilao Power
Philippines – Pagbilao Power Main Plant Area For personal use only Existing Transmission Tower Power Block 1 Power Block 2 Control Room / Admin Building Steam Turbine Foundations Switchyard Area ENERGY WORLD CORPORATION
Slide 92: Philippines – Pagbilao Power
Philippines – Pagbilao Power View of Power Station For personal use only ENERGY WORLD CORPORATION
Slide 93: Philippines – Pagbilao Power
Philippines – Pagbilao Power Construction of Bypass Stack at Power Station For personal use only ENERGY WORLD CORPORATION
Slide 94: Philippines – Pagbilao Power
Philippines – Pagbilao Power Construction of Bypass Stack at Power Station For personal use only ENERGY WORLD CORPORATION
Slide 95: Philippines – Pagbilao Power
Philippines – Pagbilao Power Construction of Bypass Stack at Power Station For personal use only ENERGY WORLD CORPORATION
Slide 96: Philippines – Pagbilao Power
Philippines – Pagbilao Power Construction of Transformer Blast Wall For personal use only ENERGY WORLD CORPORATION
Slide 97: Philippines – Pagbilao Power
Philippines – Pagbilao Power Construction of Power Station – Switchyard Area For personal use only ENERGY WORLD CORPORATION
Slide 98: Philippines – Pagbilao Power
Philippines – Pagbilao Power Construction of Power Station – Steam Turbine Foundations For personal use only ENERGY WORLD CORPORATION
Slide 99: Philippines – Pagbilao Power
Philippines – Pagbilao Power HI Rotor & LP Rotor Photos For personal use only ENERGY WORLD CORPORATION
Slide 100: Philippines – Facilities
For personal use only Philippines – Facilities ENERGY WORLD CORPORATION
Slide 101: Philippines – Pagbilao Power
Philippines – Pagbilao Power View of Combined Cycle Building & Control Room / Admin. Building For personal use only ENERGY WORLD CORPORATION
Slide 102: Philippines – Pagbilao Power
Philippines – Pagbilao Power Warehouse in Operation For personal use only ENERGY WORLD CORPORATION
Slide 103: Philippines – Pagbilao Power and LNG Support From Stakeholders
For personal use only Philippines – Pagbilao Power and LNG Support From Stakeholders ENERGY WORLD CORPORATION
Slide 104: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Site Visit from Landbank of the Philippines on 26 November 2018 For personal use only ENERGY WORLD CORPORATION
Slide 105: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Site Visit from Landbank of the Philippines on 26 November 2018 For personal use only ENERGY WORLD CORPORATION
Slide 106: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Site Visit by Mr. Alfonso Cusi, Secretary of the Department of Energy, Philippines For personal use only ENERGY WORLD CORPORATION
Slide 107: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Site Visit by Mr. Alfonso Cusi, Secretary of the Department of Energy, Philippines For personal use only ENERGY WORLD CORPORATION
Slide 108: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Site Visit by the House of Representatives, Congressman Lord Allan Jay Q. Velasco Chairman House Committee on Energy For personal use only ENERGY WORLD CORPORATION
Slide 109: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Land Agreement Ceremony For personal use only ENERGY WORLD CORPORATION
Slide 110: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Political Support - Public Hearing on Senate For personal use only ENERGY WORLD CORPORATION
Slide 111: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Political Support - Public Hearing on Senate For personal use only ENERGY WORLD CORPORATION
Slide 112: Philippines – Pagbilao LNG and Power
Philippines – Pagbilao LNG and Power Graham Elliott, Executive Director of EWC with Senator Sherwin Gatchalian, Chairman of the Committee on Energy at the Senate Hearing on 18 June 2018 For personal use only ENERGY WORLD CORPORATION
Slide 113: Imported LNG is the Most Economic Source of Fuel for Electricity
Philippines – Pagbilao LNG and Power Imported LNG is the Most Economic Source of Fuel for Electricity For personal use only During the Hearing, The Philippines Department of Energy (“DOE”) discussed a report entitled “The Economic Benefits of Switching to the Use of Natural Gas” which states that th
Slide 114: LNG as a Clean Source of Energy
LNG as a Clean Source of Energy Philippines President Executive Order No. 66 For personal use only LIQUEFIED NATURAL GAS WHEREAS, natural gas has been recognized as an environment-friendly, indigenous and low-cost source of energy among the indigenous energy resources; ENERGY WORLD CORPORATION
Slide 115: Philippines President Executive Order
Philippines President Executive Order No. 66 Designating the Department of Energy as the lead agency in developing For personal use only the Philippines Natural Gas Industry ENERGY WORLD CORPORATION
Slide 116: Philippines Landscape – Robust Demand for Power
Philippines Landscape – Robust Demand for Power The Department of Energy forecasts that the Philippines will need 43,765 MW of For personal use only additional power capacity by 2040, up from the existing capacity of 13,877 MW, representing a compound growth rate of 6% pa. The Luzon grid, which acco
Slide 117: Luzon – Power Generation
For personal use only Luzon – Power Generation ENERGY WORLD CORPORATION
Slide 118: Philippines – Power Generation
Philippines – Power Generation Demand for Clean and Green Energy in the Philippines For personal use only ENERGY WORLD CORPORATION
Slide 119: LNG Distribution Options – Creating a Market
LNG Distribution Options – Creating a Market • The LNG Terminal at Pagbilao will For personal use only act as a Hub Terminal. LNG can Large LNG vessel for be imported to the Hub Terminal, deliveries of LNG to and then distributed in smaller the Hub terminal cargos to users around the Philippines. Mi
Slide 120: LNG Distribution Options - Pipelines
LNG Distribution Options - Pipelines For personal use only ENERGY WORLD CORPORATION
Slide 121: LNG Distribution Options - Shipping
LNG Distribution Options - Shipping EWC is Working with GTT to Develop Suitable Shipping Solutions For personal use only ENERGY WORLD CORPORATION
Slide 122: LNG Distribution Options - Shipping
LNG Distribution Options - Shipping EWC is Working with GTT to Develop Suitable Shipping Solutions For personal use only 16,500m³ Shallow LNG Carrier Main Dimensions Cargo Tanks Length overall: 133 m 2 Membrane type GTT Mark III Flex tanks Length between perpendiculars: 126 m Cargo Capacity (100%V):
Slide 123: LNG Distribution Options - Shipping
LNG Distribution Options - Shipping LNG Ship - Ocean Quest, owned by EWI, at Jetty For personal use only ENERGY WORLD CORPORATION
Slide 124: Value Proposition
For personal use only Value Proposition EWC’s 5 projects in 3 core countries of operation are at various stages of completion, with substantive works having been completed in the Philippines and Indonesia over the last few years, and with existing facilities currently on care and maintenance in Aust
Slide 125: Value Proposition
For personal use only Value Proposition US$4bn+ Philippines Power Plant On Completion Value Uplift Philippines Hub Indonesian US$1.5bn Power Construction Value Uplift Indonesian LNG US$140m Australian Gas EWI takes Control Fixed Assets – 2000; 2013-2018 2019/20 EWI takes Control ENERGY WORLD CORPORA
Slide 126: Shareholders Equity
For personal use only Shareholders Equity 30/12/2001 Capital Raised 30/6/2018 A$ Amount US$ Date Price Raised Issued Capital 188m Issued Capital 492m 10 Aug 2006 A$14.4m A$0.08 Reserves 31m Reserves 16m 13 Feb 2007 A$100m A$0.50 Retained Earnings -79m Retained Earnings 199m 05 May 2008 A$156m A$1.20
Slide 127: Many Thanks from Energy World
For personal use only Many Thanks from Energy World Delivering Clean and Green Energy to Asia Whatever Quantity You Require EWG20181129 ENERGY WORLD CORPORATION