Apa Group · ASX:APA
Apa — Macquarie Australia Conference 2010
19 slides from Apa's conference presentation, May 7, 2010
Slide 1: ASX Release – APA Group Presentation, Macquarie Australia Conference
For personal use only ASX RELEASE 7 May 2010 The Manager Company Announcements Office Australian Securities Exchange 4th Floor, 20 Bridge Street Sydney NSW 2000 Electronic Lodgement Dear Sir or Madam Company Announcement I attach the following announcement for release to the market: • APA Group Pres
Slide 2: The changing role of gas transmission organisations
For personal use only The changing role of gas transmission organisations Ross Gersbach, Group Manager Commercial Macquarie Australia Conference 7 May 2010
Slide 3: APA Group overview
APA Group overview For personal use only Australia’s leading gas transmission and distribution business Infrastructure owner and operator, over $8 billion assets owned or managed – 12,000 km of transmission pipelines – Interests in 21,000 km of distribution networks Transport >70% of natural g
Slide 4: APA's strengths
APA’s strengths For personal use only Unrivalled gas asset footprint – largest transporter of natural gas across Australia by pipeline length, capacity and volume Integrated portfolio of gas pipeline assets – providing revenue and operating synergies Attractive growth opportunities Source: APA
Slide 5: APA's strategy
APA’s strategy For personal use only Maximise value for securityholders Focusing on gas infrastructure assets in Australia’s growing gas market and enhancing APA’s portfolio of assets Capturing revenue and operational synergies from APA’s significant asset base Pursuing opportunities that leve
Slide 6: Ten years of consistent, strong performance
Ten years of consistent, strong performance For personal use only Total securityholder returns 400 300 EBITDA 500 $444 m 400 200 $ million 300 $244 m 100 200 100 0 0 00 00 01 01 02 02 03 03 04 04 05 05 06 06 07 07 08 08 09 09 1 2 3 4 5 6 7 8 9 10 0 0 0 0 0 0 0 0 0 20 20 20 20 20 20 20 20 20 1H n‐ c‐
Slide 7: Drivers of future growth and change
Drivers of future growth and change For personal use only Increasing gas reserves and production – Conventional gas, coal seam gas, other (tight gas, shale gas …) Increasing demand for natural gas Climate driven legislative changes Growing demand for storage services Services tailored to s
Slide 8: Growth of gas transmission pipelines (pre 1995)
Growth of gas transmission pipelines For personal use only Gas pipelines pre 1995 Total 10,500 km Point‐to‐point pipelines Majority government owned Pipelines – pre 1995 Gas producing regions 7
Slide 9: Growth of gas transmission pipelines (post 1995)
Growth of gas transmission pipelines For personal use only Gas pipelines post 1995 Total 20,000 km – 9,000 km added in the last 15 years Interconnected pipelines Producer competition Privatised industry Pipelines – pre 1995 Pipelines – since 1995 Gas producing regions 8
Slide 10: Increase in gas volumes
Increase in gas volumes For personal use only Growth in gas volumes (1) – Average annual growth rate – 3.4% (compared with 1.4% for primary energy) – 1,240 PJ in 2007‐08, doubling to 2,570 PJ in 2029‐30 Factors influencing gas demand increase – Population growth of 1.3% pa – GDP growth of 2.9% p
Slide 11: Increase in gas fired power generation
Increase in gas fired power generation For personal use only Location of new and proposed gas fired generation Reflects the shift to less carbon intensive fuels. Growth in electricity generated from gas (1) APA assets and investments – Average growth rate – 5% pa Other pipelines Proposed/ recent
Slide 12: Relationship between gas storage assets and services
Relationship between gas storage assets and services For personal use only 11
Slide 13: Shipper consolidation and requirements
Shipper consolidation and requirements For personal use only Small number of retailers across east Australian gas and electricity markets – Sell both fuels to multiple markets – Have diversified gas portfolios across gas basins and producers – Involved upstream in electricity generation, gas produ
Slide 14: East Australian gas grid benefits
East Australian gas grid benefits … for all market participants For personal use only Flexibility of supply Security of supply Gas affordability Simpler and potentially lower cost transportation service Enhancement of related services APA assets and investments Other natural gas pipelines
Slide 15: East Australian gas grid currently providing security
East Australian gas grid currently providing security For personal use only Gas restriction at Moomba plant for 3 days (late April 10) – no Moomba gas delivered into the Moomba Sydney Pipeline (MSP) or Moomba Adelaide Pipeline (MAP) – potential gas curtailment in NSW, ACT and SA markets Market p
Slide 16: Developing the east Australian gas grid
Developing the east Australian gas grid For personal use only A seamless sales and service experience for all our shippers across all our assets – A single commercial and operations interaction with shippers to coordinate transport quickly and seamlessly, including transport on 3rd party assets So
Slide 17: Conclusion
Conclusion For personal use only APA is Australia’s leading gas transmission and distribution business Dynamic gas industry, particularly in East Australia – facilitates competition, flexibility and efficiency Significant drivers of change and growth over the next 10 years Infrastructure in
Slide 18: Disclaimer
Disclaimer For personal use only The information contained in this presentation is given without any liability whatsoever to Australian Pipeline Trust or APT Investment Trust or any of its related entities (collectively “APA Group”) or their respective directors or officers, and is not intended to c
Slide 19: Delivering Australia's energy
For personal use only Delivering Australia’s energy For further information contact Chris Kotsaris Investor Relations, APA Group Tel: +61 2 9693 0049 E‐mail: chris.kotsaris@apa.com.au or visit APA’s website www.apa.com.au