Apa Group · ASX:APA
Apa — Macquarie Australia Conference 2014
17 slides from Apa's conference presentation, May 8, 2014
Slide 1: APA's integrated gas infrastructure business
For personal use only APA’s integrated gas infrastructure business Ross Gersbach Chief Executive Strategy and Development Macquarie Australia Conference 8 May 2014
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Australian Pipeline Limited (ACN 091 344 704) the responsible entity of the Australian Pipeline For personal use only Trust (ARSN 091 678 778) and APT Investment Trust (ARSN 115 585 441) (APA Group). Summary information: This presentation contains su
Slide 3: About APA Group
About APA Group APA is Australia’s largest gas infrastructure business APA (6 May 2014) For personal use only Market A$5.6 billion Gas transmission pipelines and storage capitalisation – Owning and operating two thirds of Australia’s onshore S&P/ASX 50 pipelines MSCI All World Index; – Interconnec
Slide 4: APA's long term strategy
APA’s long term strategy For personal use only Strategy is focused on our core business of gas pipelines – transmission and distribution infrastructure Contribution of recent pipeline Facilitating acquisitions exceeding expectations Enhancing APA’s portfolio of development – Existing and new growt
Slide 5: Gas supply and demand fundamentals remain strong
Gas supply and demand fundamentals remain strong For personal use only 981 PJ Australian gas consumption and LNG export projections (2) 17,384 PJ 70,386 PJ 41,285 PJ 178 PJ 1,802 PJ 54 PJ 2,283 PJ APA Group gas infrastructure assets and investments Other natural gas pipelines 250 750 PJ PJ 3,568 PJ
Slide 6: Strategic development of pipeline grid
Strategic development of pipeline grid NT link to east coast grid: For personal use only • Feasibility study East coast grid APA’s east coast grid: – Interconnected transmission Darwin • > 7,000 km of pipelines APA’s WA infrastructure: • 5 major pipelines pipelines operating as one • Servicing min
Slide 7: East coast grid adapting to market changes
East coast grid adapting to market changes New gas transportation agreements across the For personal use only east coast grid – Multi-pipeline gas transportation agreements Compression expansion – New short term South West Queensland Pipeline Gladstone Wallumbilla and Moomba agreements due to capa
Slide 8: WA portfolio serving mining and Perth regions
WA portfolio serving mining and Perth regions Operating mines near APA’s pipelines, WA For personal use only Pilbara Pipeline Telfer Nifty System Major gas pipeline infrastructure serving the mining Pipeline regions – Pilbara and Goldfields – Completion of expansion projects on the Goldfields Gas
Slide 9: Mondarra Gas Storage Facility – key strategic asset
Mondarra Gas Storage Facility – key strategic asset For personal use only Expansion completed mid 2013 – 15 PJ storage capacity – 70 TJ/d injection capability – 140 TJ/d withdrawal capability Connected to major pipelines – Dampier to Bunbury Pipeline – Parmelia Gas Pipeline (APA) Majority of c
Slide 10: Connecting eastern and northern regions
Connecting eastern and northern regions For personal use only Strategic initiative to connect the Darwin Northern Territory and the east coast – Pipeline linking APA’s east coast grid and Northern Territory pipelines Benefits and rationale – Linking existing APA pipeline infrastructure – Connect
Slide 11: Envestra Scheme – update
Envestra Scheme – update Scheme proceeding based on the offer accepted by the Envestra Rationale For personal use only Independent Board Committee Core business – gas distribution – Offer consideration of scrip and cash, with implied value of $1.30(1) per Envestra – Attractive premium to Envestr
Slide 12: Significant gas distribution expertise
Significant gas distribution expertise Owning and operating approximately a third of Australia’s gas For personal use only Darwin Darwin Network distribution networks Interlinked assets, with networks connected to APA’s transmission pipeline assets and/or investments Experienced workforce and
Slide 13: Gas distribution – growth and renewal
Gas distribution – growth and renewal For personal use only Working with state government groups to develop regional gas opportunities – Regional Victorian and NSW projects Input into key government policy impacting gas usage Extending gas distribution into new urban development Tanunda, SA
Slide 14: Diamantina and Leichhardt power stations
Diamantina and Leichhardt power stations For personal use only Commissioning phase underway Diamantina Power Station and Leichhardt Power Station– April 2014 – First power delivered to North West Power System in early October 2013 – All open-cycle gas units commissioned – Commissioning of steam tu
Slide 15: Developing growth capital projects across Australia
Developing growth capital projects across Australia Continued expansion and enhancement of APA’s gas infrastructure portfolio For personal use only Committed projects underwritten by long term revenue contracts and/or regulatory arrangements FY 2014 FY 2015 FY 2016 Moomba Sydney Southern lateral
Slide 16: Continued value creation for securityholders
Continued value creation for securityholders For personal use only Total securityholder returns since listing 1100 1000 APA TSR: 894% 900 APA CAGR: 18.1% 800 700 600 Total annual returns 500 50% 43% 400 40% 29% 31% 300 30% 23% 200 20% 18% 100 10% 0 0% Jun-00 Jun-01 Jun-02 Jun-03 Jun-04 Jun-05 Jun-06
Slide 17: For further information contact
For personal use only For further information contact Chris Kotsaris Delivering Australia’s energy 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