APA Group · ASX:APA
APA — Asian Pipeline Conference 2005
17 slides from APA's conference presentation, Sep 27, 2005
Slide 1: The Role and Priorities of a Modern Gas Transportation Company
The Role and Priorities of a Modern Gas Transportation Company Mick McCormack - CEO Asian Pipeline Conference 27 - 28 September 2005 1
Slide 2: Agenda
Agenda ± Economic Drivers ± Commercial Imperatives ± The Environment ± Responding to Change ± The Value of Open Access Regimes Half Year Financial ± Commonality of Interests Results ± Working with Government ± APT’s International Experience 6 Months Ended June 2005 2
Slide 3: Economic Drivers
Economic Drivers • Reliable and affordable gas supply key to Australian economy • Market focussed and Internationally competitive gas transportation company Half Year Financial • Specialists in what we do Results • Over 7500km of transmission pipelines 6 Months Ended June 2005 3
Slide 4: Commercial Imperatives
Commercial Imperatives • Pipelines priced and regulated to meet future demand • Market-focussed regulatory environment • Commercially sustainable Half Year Financial Results 6 Months Ended June 2005 4
Slide 5: The Environment
The Environment • Highly efficient gas transportation – environmentally friendly Half Year Financial Results 6 Months Ended June 2005 5
Slide 6: Responding to Change
Responding to Change • Importance of interconnection • Benefits to governments • When disaster strikes… Half Year Financial Results 6 Months Ended June 2005 6
Slide 7: Gas Transmission Pipelines in Australia 1990
Gas Transmission Pipelines in Australia 1990 Half Year Financial Results 6 Months Ended June 2005 7
Slide 8: Existing & Proposed Gas Transmission Pipelines in Australia
Existing & Proposed Gas Transmission Pipelines in Australia 2005+ Half Year Financial Results 6 Months Ended June 2005 8
Slide 9: The Value of Open Access Regimes
The Value of Open Access Regimes • Providing a service to as many as possible, on an open and transparent basis • Monopolies aren’t sustainable • Build for the future • Third Half partyFinancial Year access • Think big! Results 6 Months Ended June 2005 9
Slide 10: Commonality of Interests
Commonality of Interests • Sort out the differences • Make sure everyone’s a winner Half Year Financial Results 6 Months Ended June 2005 10
Slide 11: Working with Government
Working with Government • Build close relationships • Inform government of the issues • Give them clear and coherent information • Avoid problems by keeping Halfcommunication Year Financialchannels open Results 6 Months Ended June 2005 11
Slide 12: Commercial & Technical Issues
Commercial & Technical Issues Commercial • Sanctity of bilateral contracts • Appropriate risk sharing to underwrite pipeline • Trading spare capacity Technical • Common gas specification • Operating regimes - management of supply interruptions/ Half Year Financial constraints Results • Nominations p
Slide 13: APT's International Experience - PNG
APT’s International Experience - PNG • Australia - PNG Pipeline - AUS $3 billion construction cost • Two and a half year construction • First supply of gas late 2009 • Sizeable Half Yearreserves, Financial no domestic market Results 6 Months Ended June 2005 13
Slide 14: Gas Resources of Australia and Papua New Guinea
Gas Resources of Australia and Papua New Guinea Bonaparte 676BCM PNG 260BCM Browse 728BCM PNG - Australia Pipeline Carnarvon 2460BCM Cooper 65BCM 50% plus exported Half Year Financial Coal Bed Methane Results Estimated remaining reserves and resources 6 Months Ended as at 1 Jan 2003. Source: AGL 200
Slide 15: Conclusion
Conclusion • Become accustomed to rapid change • More gas pipeline to south-east Australian markets Half Year Financial • Achieving the dream together! Results 6 Months Ended June 2005 15
Slide 16: Am I dreaming... is integration of the gas market in the Asia Pacific possible?
Am I dreaming…… is integration of the gas market in the Asia Pacific region possible? 530 430 Possible Trans-ASEAN 240 Pipeline System 340 2460 260 Proposed Half Year Financial 2560 PNG to Aust Pipeline Missing link 676 Aust/PNG ASEAN Pipeline Results 728 6 Months Ended 2460 Indicates gas Existing p
Slide 17: www.pipelinetrust.com.au
± www.pipelinetrust.com.au Half Year Financial Results 6 Months Ended June 2005 17