Santos Limited · ASX:STO
Santos — Carbon Expo 2010
9 slides from Santos's conference presentation, Oct 12, 2010
Slide 1: Presentation to Carbon Expo 2010
Santos Ltd ABN 80 007 550 923 Ground Floor, Santos Centre 60 Flinders Street Adelaide South Australia 5000 GPO Box 2455 Adelaide South Australia 5001 Direct: + 61 8 8116 5000 Facsimile: + 61 8 8116 6723 For personal use only TO: Company Announcements Office ASX Limited FROM: Company Secretary DATE:
Slide 2: Introduction: Australia's carbon challenges and role of natural gas
For personal use only Thanks Tony Jones (panel chair), fellow panellists, ladies and gentlemen. I appreciate the opportunity to participate in today’s discussion. How Australia will meet the multiple challenges of: • reducing our carbon footprint; • while protecting our quality of life; and • and ma
Slide 3: Santos is Australia's leading domestic gas producer
For personal use only Santos is Australia’s leading g domestic g gas p producer and therefore,, not surprisingly, we are pro-gas. I am here today to highlight the role that natural gas can play in making meaningful progress on cutting carbon emissions. Natural gas offers a solution that is achievabl
Slide 4: Power generation is the largest source of Australian emissions
For personal use only If we are serious about action on climate change we must address greenhouse emissions from power generation. This sector is the largest single contributor to Australia’s carbon footprint, accounting for 35% of all the country’s greenhouse gas emissions. This is exacerbated by t
Slide 5: Gas emissions and water use compared with coal
For personal use only I would like to draw your attention to two key environmental considerations. I’ve spoken about the carbon equation. This chart shows that new baseload gas power stations produce less than 0.4 tonnes of CO2 per MWh. In comparison, existing brown coal stations emissions are about
Slide 6: Gas and renewables can cut emissions while power doubles
For personal use only We need to find a way y to p produce cleaner electricity y and use less water,, because our population is continuing to grow and so is our energy use. Looking out 40 years, natural gas can underwrite a 20% reduction of carbon emissions from power generation over 2000 levels whi
Slide 7: Gas penetration is a proven solution
For personal use only Increasing g the p penetration of g gas is not uncharted territory. y It is a proven solution. Gas already plays a significant role in powering major economies. Singapore, Thailand, Malaysia and the state of California all get over half their p power from natural g gas. Over a
Slide 8: Carbon price makes gas competitive with coal
For personal use only Price is clearly y important p in finding g a sustainable solution. Absent a carbon price, gas-fired power is slightly more expensive than coal, but it is already competitive and a relatively small carbon price will change the equation. With a carbon price of $20 a tonne, gas p
Slide 9: Disclaimer & Important Notice
Disclaimer & Important Notice This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of variables which cou