Apa Group · ASX:APA
Apa — UBS Australian Infrastructure and Utilities Conference 2008
20 slides from Apa's conference presentation, Jun 11, 2008
Slide 1: Media Release: Company Announcement
MEDIA RELEASE 11 June 2008 For personal use only 11 June 2008 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:
Slide 2: APA Group and its natural gas infrastructure
For personal use only APA Group and its natural gas infrastructure Mick McCormack APA Group Managing Director UBS Australian Infrastructure and Utilities Conference 2008, Sydney 11 June, 2008
Slide 3: APA Group is Australia's leading gas transmission and distribution business
APA Group is Australia’s leading gas transmission and distribution business For personal use only APA Group owns and operates strategically positioned gas infrastructure assets across Australia Objective Grow the business, … distribution and operating cash flow growth of at least 5% per annum and ma
Slide 4: APA has grown its portfolio of gas infrastructure assets and internal operations capability
APA has grown its portfolio of gas infrastructure assets and internal operations capability For personal use only GAS INFRASTRUCTURE 3
Slide 5: APA now has an asset base of $4 billion
APA now has an asset base of $4 billion with assets under management of over $8 billion For personal use only 4
Slide 6: APA is focussing on enhancing existing infrastructure through expansion and new build
APA is focussing on enhancing existing infrastructure through expansion and new build For personal use only Bonaparte Gas Pipeline - Long term arrangement with NT Power and Water Corporation for ~ 30 PJ/a Carpentaria Gas Pipeline - 285 km, 12" 15 MPa pipeline - New Transportation agreements - Constr
Slide 7: Brownfield growth: Resources boom
Brownfield growth of APA’s gas infrastructure: Resources boom For personal use only WA and Qld pipeline expansion due to increased gas demand in resource rich mining areas, with new pipeline capital underpinned by new capacity contracts Source: ABARE Australian Mineral Statistics Dec 2007 6
Slide 8: Brownfield growth: Increasing gas demand
Brownfield growth of APA’s gas infrastructure: Increasing gas demand For personal use only Gas fired generation and increasing gas demand in major markets is driving expansion of gas infrastructure, particularly to supply demand in peak periods 7
Slide 9: Brownfield growth: Gas distribution
Brownfield growth of APA’s gas infrastructure: Gas distribution For personal use only Growth in residential and commercial gas use within South East Queensland – Fast growing population and housing in Brisbane and Gold Coast – APA Allgas area – State Government initiatives encouraging gas use for wa
Slide 10: Greenfield developments: Gas infrastructure for power generation
Greenfield developments: Gas infrastructure for power generation For personal use only Proposed gas fired generation locations Gas fired power generation – OCGT and CCGT – CCGTs meeting new base load requirements – OCGTs for peak demand • Gas infrastructure requirements are a function of generation
Slide 11: Greenfield developments: New supply routes
Greenfield developments: New supply routes For personal use only Shifting gas supply source for Northern Territory Bonaparte Basin – Bonaparte Gas Pipeline - shift from Amadeus Basin to Bonaparte Basin Shifting gas supply sources for NSW – Gas into the NSW market – shift away from Cooper Basin to Qu
Slide 12: Greenfield developments: Multiple point delivery
Greenfield developments: Multiple point delivery For personal use only Small number of retailers across the East Australian gas and electricity markets – Three largest retailers (excluding NSW electricity) supply majority of the East Australian retail market Retailers’ gas portfolios are diversified
Slide 13: Greenfield developments: East coast CSG opportunities
Greenfield developments: East coast CSG opportunities For personal use only East Australia Natural Gas and Ethane 2P Reserves (as at May 2008) Vast CSG reserves being proved and developed in Queensland and New South Wales Significant growth opportunities to deliver CSG to markets – LNG export and ne
Slide 14: Selling down APA's position in assets that have a low growth profile
Selling down APA’s position in assets that have a low growth profile For personal use only Unlisted vehicle to hold a number of APA’s annuity-style assets – Electricity cables: Structure of proposed vehicle Murraylink and Directlink APA Group Third party equity – Other APA assets with long term stab
Slide 15: Integration and leveraging of internal industry knowledge and skills
Integration and leveraging of internal industry knowledge and skills For personal use only APA Group’s internal industry knowledge and skill base is a valuable resource from which we extract value – Deep understanding of the assets – operations, commercial and regulatory – Alignment of operations an
Slide 16: APA Group's business is built on a solid base
APA Group’s business is built on a solid base For personal use only Secure cash flow through regulated returns and long term agreements – Recent regulatory reset accounts for market conditions – higher debt and equity costs – Contract revenue indexed to CPI Able to grow distributions by at least 5%
Slide 17: APA Group is able to deliver continued strong results with growth
APA Group is able to deliver continued strong results with growth For personal use only APA Group’s focus is on growing and enhancing its extensive gas infrastructure portfolio across Australia Brownfield growth of APA’s infrastructure – Capacity expansion to meet new and increased gas demand in res
Slide 18: We deliver energy
For personal use only We deliver energy www.pipelinetrust.com.au For further information on APA Group contact Chris Kotsaris, Manager Investor Relations Email: chris.kotsaris@pipelinetrust.com.au Tel: +61 2 9693 0049 Mob: +61 402 060 508 17
Slide 19: 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 20: About APA Group
MEDIA RELEASE 11 June 2008 For personal use only About APA Group (APA) APA Group, comprised of Australian Pipeline Trust and APT Investment Trust, is the major ASX-listed energy transmission company in Australia with interests in almost 12,000 kms of natural gas pipeline infrastructure, over 2,300 k
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