Australian Gas Export Outlook 2015...Robbert de Weijer Chief Executive Officer Armour Energy Cheryl...

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Register TODAY! +61 (0) 2 9977 0565 +61 (0) 2 9977 0567 [email protected] www.questevents.com.au Organised by: Media partners: Silver sponsors: Addressing the impact of ongoing global gas supply and demand volatility and the implications for Australian gas exports and project viability 2nd annual Australian Gas Export Outlook 2015 17-19 November 2015 | Marriott Hotel Brisbane | Australia Addressing the key issues impacting Australia’s gas export outlook: Assessing global shifts in gas supply/demand dynamics and the impact on Australian gas exports Examining changing supply and demand equations for buyer nations and competing suppliers and the implications for Australian export Harnessing capacity, capability and innovation to ensure continuing investment and fuel sustainable growth in domestic gas development Insulating new developments from ongoing volatility through innovations in process and technology for E&P Analysing increased risks around projects, macro - economic indicators and regulatory risks to strengthen risk mitigation and management strategies Learn from key industry experts including: Early Bird Offer: Book before 25 September and save up to $500 per registration! Register online at www.questevents.com.au or call +61(0)2 9977 0565 PLUS! Full day in-depth learning sessions on Thursday 19 November In-depth Learning Session A: Analysing recent global energy market changes, industry fundamentals and the impact on gas supply/demand dynamics In-depth Learning Session B: Developing global LNG contracting and pricing structures and strategies to compete in a global market Supporting bodies: Keith Orchison, Director, Coolibah Pty Ltd Andrew Garnett, Director, Centre for Coal Seam Gas Chris Greig, Director, University of Queensland Energy Initiative Clyde Russell, Asia Commodities and Energy Columnist, Thomson Reuters Tim Fitzpatrick, Senior Journalist, Gas Today Allen Wang, Lead Developer & Business Development Senior for Asia-Pacific, Energy Exemplar Ryo Minami Director Oil & Gas Ministry of Economy, Trade and Industry, Japan A K Balyan Chief Executive Officer and Managing Director Petronet LNG (India) Ian Davies Managing Director Senex Tatiana Mitrova Member Governmental Commission for Russian Federation Oil and Energy Complex Hameed Siddiqui President Prescience Energy Consulting Former Head of Marketing Services Division Saudi Aramco Ross Lambie General Manager Resources and Energy Economics Branch Department of Industry and Science See inside for more… The Hon. Gary Gray MP Shadow Minister for Resources and Energy Federal Opposition Nigel Wilson Industry Advisor Inpex Diego Fettweis Head of Business Development Oil Search Robert Rennie Global Head of Market Strategy Westpac Janet Hann General Manager GDF Suez Bonaparte Robbert de Weijer Chief Executive Officer Armour Energy Cheryl Cartwright Chief Executive Officer Australian Pipelines and Gas Association Shigeki Hirano Chairman Osaka Gas Australia Samantha Hepburn Director of Research – School of Law Deakin University Peta Ashworth Chair International Energy Agency Greenhouse Gas R & D Social Research Network

Transcript of Australian Gas Export Outlook 2015...Robbert de Weijer Chief Executive Officer Armour Energy Cheryl...

Page 1: Australian Gas Export Outlook 2015...Robbert de Weijer Chief Executive Officer Armour Energy Cheryl Cartwright Chief Executive Officer Australian Pipelines and Gas Association Shigeki

Register TODAY! +61 (0) 2 9977 0565 +61 (0) 2 9977 0567 [email protected] www.questevents.com.au

Organised by:Media partners:Silver sponsors:

Addressing the impact of ongoing global gas supply and demand volatility and the implications for Australian gas exports and project viability

2nd annual

Australian Gas Export Outlook 201517-19 November 2015 | Marriott Hotel Brisbane | Australia

Addressing the key issues impacting Australia’s gas export outlook:

Assessing global shifts in gas supply/demand dynamics and the impact on Australian gas exports

Examining changing supply and demand equations for buyer nations and competing suppliers and the implications for Australian export

Harnessing capacity, capability and innovation to ensure continuing investment and fuel sustainable growth in domestic gas development

Insulating new developments from ongoing volatility through innovations in process and technology for E&P

Analysing increased risks around projects, macro - economic indicators and regulatory risks to strengthen risk mitigation and management strategies

Learn from key industry experts including:

Early Bird Offer:Book before 25 September and save up to $500 per registration! Register online at www.questevents.com.au or call +61(0)2 9977 0565

PLUS! Full day in-depth learning sessions on Thursday 19 NovemberIn-depth Learning Session A:Analysing recent global energy market changes, industry fundamentals and the impact on gas supply/demand dynamicsIn-depth Learning Session B:Developing global LNG contracting and pricing structures and strategies to compete in a global market

Supporting bodies:

Keith Orchison, Director, Coolibah Pty Ltd Andrew Garnett, Director, Centre for Coal Seam Gas Chris Greig, Director, University of Queensland Energy Initiative Clyde Russell, Asia Commodities and Energy Columnist, Thomson Reuters

Tim Fitzpatrick, Senior Journalist, Gas Today Allen Wang, Lead Developer & Business Development Senior for Asia-Pacific,

Energy Exemplar

Ryo Minami Director Oil & Gas Ministry of Economy, Trade and Industry, Japan

A K Balyan Chief Executive Officer and Managing Director Petronet LNG (India)

Ian DaviesManaging DirectorSenex

Tatiana Mitrova Member Governmental Commission for Russian Federation Oil and Energy Complex

Hameed SiddiquiPresidentPrescience Energy Consulting Former Head of Marketing Services DivisionSaudi Aramco

Ross LambieGeneral Manager Resources and Energy Economics BranchDepartment of Industry and Science

See inside for more…

The Hon. Gary Gray MPShadow Minister for Resources and EnergyFederal Opposition

Nigel WilsonIndustry AdvisorInpex

Diego Fettweis Head of Business Development Oil Search

Robert RennieGlobal Head of Market StrategyWestpac

Janet HannGeneral ManagerGDF Suez Bonaparte

Robbert de WeijerChief Executive OfficerArmour Energy

Cheryl CartwrightChief Executive OfficerAustralian Pipelines and Gas Association

Shigeki HiranoChairmanOsaka Gas Australia

Samantha Hepburn Director of Research – School of Law Deakin University

Peta Ashworth Chair International Energy Agency Greenhouse Gas R & D Social Research Network

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Conference Day One – Tuesday 17 November 08:15 Registration and welcome coffee

08:50 Opening remarks from the Chair Keith Orchison

Director Coolibah Pty Ltd

MINISTERIAL KEYNOTE ADDRESS09:00 Harnessing capacity, capability, policy and regulation to fuel continuing growth in the Australian gas sector • Ensuringthatproducers,consumersandtradingmarketsaresupportedwithstronginfrastructureforaccess,efficiency

and to leverage opportunity • RegionalindicatorsandtheoutlookforAustralia’sgasexports • Directionsforpolicyandregulationthatwillstrengthenmarketsignalsforinvestmentandsupply The Hon Ian MacFarlane

Minister for Industry and Science Federal Government (invited)

ASSESSING THE INTERNATIONAL OIL PRICE OUTLOOK AND CHANGING GAS SUPPLY/DEMAND DYNAMICS 09:20 Analysing major changes in gas demand, pricing and energy security and the re-calibration of gas futures • Theoutlookforglobalenergymarkets,theoilpricedropandtheimplicationsfortheglobalgassupplyanddemand • Understandinghow“TheNewOilOrder”isreshapingthewaymarketsandtheoilandgasindustrybalance

supply and demand • Analysinghowmarketdynamicsarechangingasgaspricescomeunderincreasingpressurewithoversupply

while the demand in key markets slows • ConsideringtheUSasthe“newswingproducer”andtheglobalimplicationofitsshalegasrevolution • Theregionalsupply/demanddynamicsoftheAmericas,Russia&FSU,OPEC,Europe&Asia Hameed Siddiqui

President Prescience Energy Consulting Former Head of Marketing Services Division, Saudi Aramco

09:50 Confronting a changing global oil and gas environment – what are the key challenges for Australian gas exporters and producers?

• Consideringtheimpactofthedropinreturnsoncapitalinvestedandtheconsequentpressureoninvestmentin new projects

• Examiningincreasedrisksaroundprojects,includingcapitalcost,labourcostsandregulatoryrisksand understanding the impact on further development of export projects

• Maximisingcoreassets,commercialisinggrowthopportunitiesandbroadeningportfoliostoleverage capabilities to withstand market shifts and drive continued expansion

Senior Representative Oil, Gas and Energy Resources Growth Centre

10:20 Morning tea

COUNTRY SPOTLIGHTS – BUYER PERSPECTIVES AND THE OUTLOOK FOR GLOBAL GAS DEMAND10:50 An insight into LNG demand and the key influencers for demand, sourcing and development • ConsideringthekeyfactorsinfluencingdemandandsourcingforgasinJapan - Demand - the debate over Japan’s long-term energy supply/demand outlook (energy mix), restart of nuclear

power plants, and further activities to enhance energy conservation - Supply - LNG, competitive pricing and flexibility of purchase contracts including relaxation of destination clauses • Assessingtheimplicationsofinternationalmarketshifts–impactofplungingglobaloilpriceasittriggersadecrease

on LNG import price and in Japan’s electricity and gas tariff • EnsuringstableLNGsupplyinthefuturethroughcontinuinginvestmentsinupstreamandLNGprojects Ryo Minami

Director Oil & Gas Ministry for Economy, Trade and Industry, Japan

11:20 Assessing the changes to the Japanese energy market and implications for gas imports • DefiningthefactorsinfluencingthechangeinenergyuseandmixinrecentmonthsinJapan • ExaminingthederegulationofthepowersectorandtheconsequentliberalisationoftheJapanesegasmarket • ExploringhowongoingenergymarketreformswillcontinuetokeeptheJapanesemarketsflexibleforlargegasbuyers

and assessing the implications for gas exporters into Japan with a focus on Australia Shigeki Hirano

Chairman Osaka Gas Australia

11:50 The Indian gas market outlook and an insight into the drivers for supply and demand • AssessingtheexponentialgrowthofenergydemandinIndiaandthedriversforinvestmentintoenergyinfrastructure • WhatarethedomesticdemandindicatorsthatarechangingtheenergymixandtheroleofLNG? • Thepromiseofsupportivepolicyandregulationinenergy–lookingatsomeofthechangesforecastbythenew

government • Consideringthemostimportantinternationalpartnersinmeetingburgeoningdemand–wheredoesAustraliastand? A K Balyan

Chief Executive Officer Petronet LNG

EXAMINING MARKET AND GEOPOLITICAL FACTORS INFLUENCING CHANGES IN GLOBAL GAS SUPPLY12:20 PNG - LNG development in PNG and the implications for production in the region • ExaminingthecontinuingimpactofoilpricechangesontheimmediateandlongtermplansfordevelopmentsinPNG • StructuralandoperationalimplicationsofglobalpricechangesforOilSearch’sPNGoperations • AssessingthecompetitivenessofthecostofE&PinPNGwhencomparedtoAustraliaandleveragingtheopportunities

and advantages for PNG going forward Diego Fettweis

Head of Business Development Oil Search

12:50 Networking lunch

13:50 Russia’s changing role in global gas markets and the implications of its increasing focus on the East • ExaminingongoingenergygeopoliticsandtheimplicationsfortheEU/Russiaenergyrelationshipandperspectives

on the Southern Corridor • Targetingthefast-developingandpromisingAsianmarketwherepricingconditionsarebetterandassessingthe

growing Asian outlook for Russian exports • Implicationsfordiversificationofsuppliesintermsofmarketsandmethodsoftransportation • Examining the focus on infrastructure to strengthen Russia’s position in a changing external market

Tatiana Mitrova Head of Oil and Gas Department Energy Research Institute of the Russian Academy of Sciences (ERI RAS)

14:20 Australia - Still poised to catch the next LNG wave • Re-calibratingtheAustralianexportoutlookinresponsetorecentshiftsinglobalenergymarkets • Analysingtheshorttermimpactsoftheoilpricechangefordomesticbasins • OutlookforAustraliangasexportsinthecontextofongoingdevelopmentsaswellastheimplicationsofdomestic

demand • Lookingathowthelowoilpriceenvironmentaffectshort-terminvestment,especiallyintoexploration,and

longer-term production prospects

Ross Lambie General Manager Resources and Energy Economics Branch Department of Industry

EXPANDING DEMAND IN THE ASIA PACIFIC AND AUSTRALIA’S ROLE IN THE REGION

14:50 Evaluating the major industry trends and growing demand for LNG supply and demand in the Asia Pacific • LNGsupplyinAsiaPacific:anoverviewofmajorprojects,costchallenges,regionalcomplexitiesandschedules • Understandingtheevolutionofregulation,marketreformsandhowgrowingtransparencyandopennesswill

change the conditions for competition • Creatingtradinghubstofacilitatepricingtransparency,balancesupplyanddemand,andoptimisetradeflows • ExaminingAustralia’scontinuingexpansionofLNGexportintotheregion

Clyde Russell Asia Commodities and Energy Consultant Thomson Reuters

15:20 Afternoon tea

15:50 Impacts of a more liquid global LNG Market on Australian exports • AnalysingtheimpactamoreliquidglobalLNGmarketwillhaveonAustralianexportoperationsintheeastern

market in the medium to long term • EstablishinghowamoredevelopedglobalLNGmarketwillaffectdomesticmarketoperations • Conductingamarketsupplychainanalysistoexaminegaspricesoverthishorizon

Allen Wang Lead Developer & Business Development Senior for Asia-Pacific Energy Exemplar

LEVERAGING FUNDAMENTAL SECTOR STRENGTHS FOR STABILITY IN A LOW PRICE MARKET

PANEL DISCUSSION:16:20 Overcoming volatility in global gas markets • Integratingthecyclicalnatureofthemarkets–politicalandeconomicfluctuations-intolongtermplanningand

strategy and remaining flexible for short term event responses • WhataretheinherentstrengthsthancanbeleveragedbytheAustraliangasindustryandhowcanrationalisation,

reducedoperationalcostsandinnovationdriveopportunitiesforgrowth? • HowcancompaniesmaintainaportfolioofqualityassetsthatwillcontinuetodelivergoodROIandvalue?

Panel Moderator: Keith Orchison

Director Coolibah Pty Ltd

Panellists: Ian Davies Nigel Wilson

Managing Director Industry Advisor Senex Inpex

Tatiana Mitrova Ross Lambie Head of Oil and Gas Department General Manager Resources and Energy Energy Research Institute of the Russian Economics Branch Academy of Sciences (ERI RAS) Department of Industry

17:00 Around the basins - assessing the key drivers for ongoing and future expansion of Australia’s gas potential • ExaminingproductionandexplorationeffortscurrentlyunderwaytodevelopAustralia’sconventionaland

unconventional gas potential across onshore and offshore basins • Overviewofactivityinkeyperformingbasinsandleadingoperators–Carnarvon,Cooper,Bowen,Surat,Georgina

and Canning • Identifyingthebasinswiththemostpotentialforproduction/expansioninthecurrenteconomicclimate

Tim Fitzpatrick Senior Journalist Gas Today

17:30 Closing remarks from the Chair

17:40 End of Day One and networking drinks

19:00 Official event dinner

Addressing the impact of ongoing global gas supply and demand volatility and the implications for Australian gas exports and project viability

2nd annualAustralian Gas Export Outlook 201517-19 November 2015 | Marriott Hotel Brisbane | Australia

Page 3: Australian Gas Export Outlook 2015...Robbert de Weijer Chief Executive Officer Armour Energy Cheryl Cartwright Chief Executive Officer Australian Pipelines and Gas Association Shigeki

Register TODAY! +61 (0) 2 9977 0565 +61 (0) 2 9977 0567 [email protected] www.questevents.com.au Register TODAY! +61 (0) 2 9977 0565 +61 (0) 2 9977 0567 [email protected] www.questevents.com.au

2nd annualAustralian Gas Export Outlook 201517-19 November 2015 | Marriott Hotel Brisbane | Australia

Addressing the impact of ongoing global gas supply and demand volatility and the implications for Australian gas exports and project viability

Conference Day Two – Wednesday 18 November08:30 Welcome coffee

08:50 Opening remarks from the Chair

Andrew Garnett Director Centre for Coal Seam Gas, University of Queensland

HOW LONG TERM GAS DEVELOPMENT PROPECTS ARE FACILITATED BY GOVERNMENT POLICY AND STRATEGY

09:00 Opportunities to expand the potential of the Australian gas industry through planned development • Strengtheningpolicyandstrategyfortheexpansionofgasreservesandinfrastructure • Challengesforgovernmentinfacilitatinggasindustrygrowthintheglobalmarket • PositioningAustraliaasthetechnologicalleaderindesign,operationandmaintenancetoenablecompetitiveness

and sustainable growth

The Hon. Gary Gray MP Shadow Minister for Resources and Energy Federal Opposition

09:30 Examining the outlook for exploration and further development in the Northern Territory • Investing in exploration in the Northern Territory – considering the mid and long term outlook • Evaluating the need for infrastructure planning and provision from government and the private sectors • Assessing the prospects for Northern Territory gas industry in the export landscape

Robbert de Weijer Chief Executive Officer Armour Energy

IMPLEMENTING PROCESS AND TECHNOLOGICAL INNOVATION TO DRIVE PROJECT VALUE

10:00 Insulating new developments from ongoing volatility through innovations in processes and technology for exploration/expansion

• Technological advances in E&P – transforming efficiency, cost-effectiveness, and environmental soundness • Meeting the challenges for project delivery in the current landscape through project management strategies that

enable lean and capable development and operations • How FLNG can be a game changer – cost, delivery and effect

Janet Hann General Manager GDF Suez Bonaparte

10:30 Morning tea

MITIGATING AND MANAGING RISK WITH DIVERSE PRICING STRUCTURES

11:00 Measuring the impact of recent price decline on Australian LNG exports volumes and future outlook • Setting the contexts for price drop impact on the Australian gas export outlook • HasthepricedroppedcausedmaterialslippagefromthetimelinesforthemajorAustraliangasprojects? • Changing perceptions on risk as gas operators re-focus from growth and new developments at any cost to cost

efficient resourcing and operations • Considering the export values forecast – downside and upside risks for LNG markets in Asia

Robert Rennie Global Head of Market Strategy Westpac

11:30 The international fossil fuel divestment campaign and the relevance for fossil fuel industry • Understandingthehistoryandevolutionforthedivestmentmovementandthecontextsforthefossilfuelindustry • Exposure of university endowments and pension funds to fossil fuel assets and how the politics of climate change

will impact exposed investments • Direct and indirect impact of divestment through changes in market norms, reputational risk and restrictive

legislation

Chris Greig Director University of Queensland Energy Initiative

OVERCOMING CHALLENGES IN ATTRACTING FINANCE AND INVESTMENT TO AUSTRALIAN BASINS

PANEL DISCUSSION: 12:00 Finding financing for new developments and funding acquisition/development of upstream gas assets With a total debt of nearly $2.5 trillion globally in the O&G sector, the recent plummet of prices represents a serious

decline in the value of the assets. Yet the overall debt raised for the YTD by O&G companies is 25% higher than it was at this point year ago ($74 billion). This panel session considers some of the urgent issues raised for the sectors development of upstream assets

• WhatwillnowbetheresponseoftheAustraliansectorastheytrytocontinueraisingcapitalforprojectsatcritical stagesofdevelopment?

• Whatarethemacro-economicindicatorsthatwillalsobeimpactedandinturnimpactfurtherfinancing? • Howwilltherebechangeinthetypesandlocationsoftransactionsfinanced,thechoiceofdebtoptionsand

thetermsonwhichthedebtismadeavailable? • HowcanAustralianprojectsdemonstratethattheyareafinancialsoundinvestment?

Panel Moderator: Andrew Garnett

Director Centre for Coal Seam Gas, University of Queensland

Panellists: Robert Rennie Dale Koenders

Global Head of Market Strategy HeadofEnergyandUtilitiesResearch-Australia Westpac Citigroup

Matt Whineray Chief Investment Officer NZ Super

12:40 Networking lunch

REVIEWING SOUNDNESS AND SECURITY OF ENERGY INFRASTRUCTURE FOR EFFICIENT ACCESS AND ENERGY SECURITY

13:40 Ensuring that gas reserves are accessed, secure and efficiently transmitted for both domestic and export supply

• ReviewingAustralia’sgastransmissioninfrastructureanditsabilitytomeetbothdomesticandexportrequirements • Balancingpolicyandregulationwithcommercialnoustosupportsafe,reliable,efficientandeconomically

responsible operation of networks • Gettinggastomarketbyfacilitatingaccesstoprocessingfacilities • Encouragingexplorationtenementstomovetotheproductionphasetoensurestableaccessandsupplysufficiency Cheryl Cartwright

Chief Executive Officer APGA

EXAMINING RECENT DISCUSSIONS ON POLICY AND REGULATION FOR DOMESTIC AND EXPORT IMPACTS

14:10 Developing a regulatory and policy environment that will provide greater competition and transparency and streamline supply in the gas market

• Examining the impact of the non-endorsement of a domestic gas reservation policy by the Energy White Paper and the implications of LNG export on gas prices

• Managing the risk of higher gas prices through strategies to facilitate increased supply • Analysing the ACCC inquiry into wholesale gas prices • Examining the debates around unconventional gas and how the regulatory system is changing to accommodate

innovation in alternate fuels and processes Samantha Hepburn

Director of Research, School of Law Deakin University

14:40 Afternoon tea

15:10 Considering the evolution of social licence to operate (SLO) and the implications for CSR • Building the necessary level of acceptance from community and other stakeholders for ‘social permission’ to operate • Accepting the implications for successful operations and the impact on local and regional government permits

and licences • Examining the role of stable and strong political and legal frameworks to enable organisations capacity and

willingness to exceed legal expectations and meet socially desirable standards Peta Ashworth

Chair International Energy Agency Greenhouse Gas R & D Social Research Network

THE LAST WORD15:40 Reviewing the outcomes of the conference proceedings and indicators emerging for the Australian gas

exports outlook • Whatisarethekeyissuesandtheimplicationsthereinraisedbytheconferenceinthecontextofgasexports? • WhatwillbethestrategiesforAustralianLNGmarketstoremainontrackamidstcontinuingpricedropand

otherfactors? • Howcantheindustryengageitsstakeholderstodeliverasharedvisionforindustrygrowth? Keith Orchison Andrew Garnett

Director Director Coolibah Pty Ltd Centre for Coal Seam Gas, University of Queensland

Hameed Siddiqui Chris Greig President Professor and Energy Initiative Director Prescience Energy Consulting University of Queensland

16:10 ClosingremarksfromtheChairanddrawingoftheluckydoorprize!

16:20 End of Day Two and close of conference

Early Bird Offer:Book before 25 September and save up to $500 per registration! Register online at www.questevents.com.au or call +61(0)2 9977 0565

Page 4: Australian Gas Export Outlook 2015...Robbert de Weijer Chief Executive Officer Armour Energy Cheryl Cartwright Chief Executive Officer Australian Pipelines and Gas Association Shigeki

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Hear what the speakers are saying about the event: Official Event Advisory Panel:

Post-conference full-day in-depth learning sessions – Thursday 19 NovemberRegistration and morning coffee for both sessions is at 08:30 and sessions will conclude at 17:00. Lunch, morning and afternoon tea provided. Choose between:

2nd annualAustralian Gas Export Outlook 201517-19 November 2015 | Marriott Hotel Brisbane | Australia

Addressing the impact of ongoing global gas supply and demand volatility and the implications for Australian gas exports and project viability

In-depth Learning Session A: Analysing recent global energy market changes, industry fundamentals and the impact on gas supply/demand dynamics

This intensive full-day session will review the mid and long term changes to the global energy landscapebroughtonbytherecentshiftsandthetransformationalchangesleadingtothe“NewOil&GasOrder”.Attendeeswithexploretheglobalsupplyanddemanddynamicandenergymixand the implications for the Australian gas export industry. The session will offer a 360 degree view of future options, opportunities, risks and business strategies for the full range of conventional, non-conventional, and renewable energy markets and unconventional energy alternatives. Participants will leave the session with a clear view of current realities and relevant actionable ideas to take back to their organisations.

Key takeaway skills/benefits:

Reviewing recent trends in global energy market dynamics and the trends that will influence supply and demand imbalances

Assessing fundamental oil & gas price dynamics for conventional, non-conventionals - tight oil/gas, heavy oil, oil sands, gas hydrates, CBM and the new Arctic exploration

Examining pricing trends, the drivers for price volatility, OPEC’s role, and half-century of market fundamentals, sentiments & geopolitics reviewed

Structuring organisations, tactics and operational strategies to make business respond effectively to the risks and the new realities of the global energy market

ComparingandcontrastingthecalculationofLevelizedCostsofEnergy(LCOE)forawide array of options – fossil fuels, renewables, and nuclear

Session Facilitator:

Hameed Siddiqui President Prescience Energy Consulting Former Head of Marketing Services Division Saudi Aramco

In-depth Learning Session B: Understanding global LNG contracting and pricing structures and strategies to compete in a global market

This interactive session is designed to examine the global energy market factors influencing the price of gas and the underlying principles for gas pricing. Attendees will examine the current trends in LNG trading in the different key regions and the geopolitical and commercial drivers for the transportation of gas across regions. The in-depth learning session will explore the commercial factors impacting price, the nature of demand and buyer expectations for long term contracts in the Asia Pacific and the principles of spot trading, arbitrage and contract negotiation. Attendees will gain a clear understanding of market conditions and pricing structures and take away informed strategies through which to negotiate from positions of strength in a competitive market.

Key takeaway skills/benefits:

Analysing market conditions and the evolution of LNG pricing structures and the market fundamentals affecting LNG import

Assessing the structure of long terms LNG contacts and the impact on price sensitivity to competitively priced supplies

Examining the evolution of a liquid market for gas and spot and short term contracts and understanding how this will affect trading going forward

Evaluating the factors driving competitive pricing behaviour among producers and the non-price factors that will give the edge to Australian producers

Understanding supply competition and diverse pricing approaches in the Asia Pacific to drive effective and informed negotiations

Separately

bookable

For details on your facilitator’s credentials please visit the speaker page on the event website: www.questevents.com.au

“Regarding LNG demand in Japan, the key factors will be the debate over Japan’s long-term energy supply-demand outlook (energy mix), restart of nuclear power plants, and further activities to enhance energy conservation. As for sourcing of LNG, competitive pricing and flexibility of purchase contracts including relaxation of destination clauses will be the key factors. We believe that Australia is one of the most important gas producers that has great potential to meet such requirements. I look forward to discussing the issues with the Australian industry at AGEO.”

Ryo Minami Director Oil & Gas Ministry of Economy, Trade and Industry, Japan

“The key factors for discussion in the Russian context at AGEO will be the indigenous drivers, pricing strategy, the orientation towards Asia, geopolitical and economic factors and how all of this will impact other players in the global gas industry. “

Dr Tatiana Mitrova Head of Oil and Gas ERI-RAS Member Governmental Commission of Russian Federation Oil and Gas Complex

“Gas exports are reshaping Eastern Australia’s gas markets and gas transportation infrastructure is helping to address gas supply and demand challenges. This will be a key discussion at AGEO 2015.”

Cheryl Cartwright Chief Executive Officer Australian Pipelines and Gas Association

Keith Orchison Nigel Wilson Director Industry Advisor Coolibah Pty Ltd (Chair) Inpex

Hameed Siddiqui Chris Greig President Professor and Energy Initiative Prescience Energy Director Consulting University of Queensland

Quest Events would like to take this opportunity to sincerely thank the official event advisory panel who contributed their valuable time and expertise to ensure the agenda for this event is timely and relevant for all stakeholders in the Australian gas export sector.

Interested in running this in-depth learning session? Contact Jon Treherne on +61 (0)2 8188 7536 or at [email protected]

Page 5: Australian Gas Export Outlook 2015...Robbert de Weijer Chief Executive Officer Armour Energy Cheryl Cartwright Chief Executive Officer Australian Pipelines and Gas Association Shigeki

Register TODAY! +61 (0) 2 9977 0565 +61 (0) 2 9977 0567 [email protected] www.questevents.com.au

PLUS! The three pillars of any Quest event:Meet: Australia’s leading policy makers, industry, peak representative bodies, respected analysts and end users from right across Australia’s gas export sectorLearn: From 25+ high profile speakers over 3 days – delivering you premium content and value that is second to noneGrow: Your professional network and create business development opportunities through face to face interaction

It’s what our events are all about...

6 key benefits of attending:

1. Assess the impact of the international oil price outlook, gas supply/demand dynamics and geopolitical/climate change drivers on the Australian gas industry

2. Review and assess international supply competition and the implications in the short and long terms for Australian gas exports

3. Understand which greenfield and brownfield expansions will be best placed to succeed in a lower oil price environment

4. Build strategies that will minimise risk for investment and insulate the industry from short and midterm fluctuations

5. Strengthen business fundamentals, review investment and expansion plans and monitor emerging opportunities to support project viability and sustainability

6. Implement system and process innovation to improve facility performance and efficiency to reduce operating costs

Want to develop business at the event? Speaking, sponsorship and exhibition opportunities available

The Australian Gas Export Outlook 2015 conference will bring together Australia’s leading policy makers, industry, peak representative bodies, respected analysts and end users to work towards satisfactory and sustainable outcomes for all concerned.With a room full of key decision makers and buyers from the Australian and international gas industry, you cannot afford to miss out on these key sales prospects. Attendees will be actively seeking new ways to become more efficient, productive and innovative, and the Australian Gas Export Outlook 2015 conference is your opportunity to place your solutions at the front of their mind. Maximise your marketing return on investment and tailor a sponsorship package to suit your needs.

It’s where the industry will meet. Can you afford not to be there?

Potential sponsors please note:In developing the program and inviting speakers to this event, we researched extensively with stakeholders in the O&G sector about their challenges and we have designed an agenda specifically for them to discuss these at the event. By sponsoring this event you have a prime opportunity to demonstrate that you have their solutions at a time and place where they are actively looking.

Sponsorship and exhibition packages For speaking, sponsorship or exhibition opportunities at the Australian Gas Export Outlook conference 2015, please contact Jon Treherne on +61(0)2 8188 7536 or e-mail [email protected] www.questevents.com.au to download the sponsorship prospectus

Who should attend:

AGEO will be attended by decision makers from all industry and stakeholder groups with an interest in the Australian gas export sector and include:

Local and international gas explorers and producers

Federal and state government departments and regulators

Local and international gas buyers

LNG project operators

Pipeline infrastructure owners and operators

Shipping and logistics

Construction, procurement and engineering firms

Energy technology and equipment vendors

Associated professional services firms

Bankers and investors

Sector analysts and energy traders

2nd annualAustralian Gas Export Outlook 2015

Addressing the impact of ongoing global gas supply and demand volatility and the implications for Australian gas exports and project viability

Page 6: Australian Gas Export Outlook 2015...Robbert de Weijer Chief Executive Officer Armour Energy Cheryl Cartwright Chief Executive Officer Australian Pipelines and Gas Association Shigeki

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Group DiscountsThe more you book, the more you save!

Are you eligible for a group discount? Group discounts of up to 40%!!* 40% off for groups of 11-15 30% off for groups of 7-10 20% off for groups of 3-6STEP 2 - Select your packages and apply any discounts

CANCELLATION POLICY: If you are unable to attend an event, a replacement delegate may be sent in your place at no extra charge. Quest Events does not provide refunds for cancellations made more than 7 days after your registration is received, therefore the invoiced fee remains payable in full. Should you wish to cancel your registration within the 7 day cooling off period, we will refund your registration fee less an admin-istration fee of $220 (GST inclusive) per delegate. Any cancellation must be made in writing and sent by email or fax. Quest Events will make available course documentation to any delegate who is unable to attend and who has paid in full. Unfortunately some speakers request their papers are not distributed. Quest Events will endeavour to ensure that conference programs are correct at the time of the event. Unfortunately we may need to alter the program prior to or during the event and reserve the right to do so without notice. We also reserve the right to postpone or cancel this event (when full refunds will be issued). Quest Events is not responsible for any loss or damage as a result of a substitution, alternation, postponement or cancellation of an event. See full terms and conditions on our website: www.questevents.com.au/content/terms-and-conditions. To view our privacy policy, please visit http://www.questevents.com.au/content/privacy-policy. Please Note: On-site registration / payment: AU$220 surcharge will be collected and no discounts are available. Early bird rates are contingent upon payment being received within 7 days of the registration date. Group discounts are available for three or more bookings from the same company (or on the one invoice). All discounts can only be applied at the time of registration and discounts cannot be combined. In the event that more than one discount is applicable, delegates will receive the discount with the highest value. All discounts are subject to approval. Please note the conference fee does not include travel or hotel accommodation costs.

From time to time we would like to provide you with relevant information from our sponsors for this event. If you would prefer not to receive this information please tick this box.

*Group Discounts apply for bookings made simultaneously and on one invoice only. **Note – This pricing category is for qualified direct employees of Gas Explorers, Producers and Engineering/Procurement/Construction (EPC) Contractors only. Qualification for this category will be at the sole discretion of the organisers. All others must pay the standard rates as quoted. Anyone selecting this category where it is deemed to be inappropriate will be notified and will not be admitted to the event unless the standard price has been paid.***The event dinner is available to registered attendees of the conference only

5 EASY WAYS TO REGISTERONLINE: www.questevents.com.auPHONE: +61 (0)2 9977 0565EMAIL: [email protected]: +61 (0)2 9977 0567MAIL: Quest Events Level 2, 53-55 Sydney Rd, Manly, NSW 2095

STEP 1 - Enter delegate detailsDelegate 1Title (Mr/Ms): First Name: Surname:

Job Title: Organisation:

Postal Address:

Postcode: State:

Email: Tel: ( ) Fax: ( ) Approving ManagerTitle (Mr/Ms): First Name: Surname:

Job Title: Email: Tel: ( ) Fax: ( ) Please list some profiles you would like to meet (ie: gas producers and explorers, pipeline owners and operators, energy retailers, government bodies, large gas users, international gas buyers, consultants, analysts, law firms, accounting firms, gas related equipment or technology vendors, engineering or construction companies, investment banks, etc.)

Registration Items Dates Book and pay on or Book and pay after Number of Total before 25 September 25 September delegates

Gas Producers and EPC Contractors**3 Day Package A 17-19 Nov AUD $4,095 incl. GST AUD $4,495 incl. GST (2 day conference plus in-depth learning session A) Save $400 3 Day Package B 17-19 Nov AUD $4,095 incl. GST AUD $4,495 incl. GST (2 day conference plus in-depth learning session B) Save $400 2 day conference package 17-18 Nov AUD $3,295 incl. GST AUD $3,495 incl. GST (2 day conference only) Save $200 Standard Conference Pricing3 Day Package A 17-19 Nov AUD $4,495 incl. GST AUD $4,995 incl. GST (2 day conference plus in-depth learning session A) Save $500 3 Day Package B 17-19 Nov AUD $4,495 incl. GST AUD $4,995 incl. GST (2 day conference plus in-depth learning session B) Save $500 2 day conference package 17-18 Nov AUD $3,695 incl. GST AUD $3,995 incl. GST (2 day conference only) Save $300 In-depth Learning Session A only 19 Nov AUD $1,795 incl. GST AUD $1,995 incl. GST Save $200 In-depth Learning Session B only 19 Nov AUD $1,795 incl. GST AUD $1,995 incl. GST Save $200 Official Event Dinner*** 17 Nov AUD $195 incl. GST AUD $195 incl. GST

Deduct your discount

TOTAL

Don’t want to fill out and return this form?No problem – simply go online to register www.questevents.com.au or call +61 (0)2 9977 0565 to register hassle free today!

Register TODAY! +61 (0) 2 9977 0565 +61 (0) 2 9977 0567 [email protected] www.questevents.com.auRegister TODAY! +61 (0) 2 9977 0565 +61 (0) 2 9977 0567 [email protected] www.questevents.com.au

2nd annualAustralian Gas Export Outlook 2015 REGISTRATION FORM