DELIVERING CLEAN ENERGY TO ASIA For personal use only · 10/27/2011 · Mr. Stewart Elliott and...

ENERGY WORLD CORPORATION

EWC

Presentation to

Shareholders

Annual General Meeting

27 October 2011

ENERGY WORLD

CORPORATION

DELIVERING CLEAN ENERGY TO ASIA

PRESERVING THE ENVIRONMENT

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Disclaimer • These materials have been prepared by Energy World Corporation Limited (the "Company") solely for information use

during this presentation. These materials may not be copied, reproduced, passed on or redistributed, directly or

indirectly, to any other person (whether within or outside your organization/firm) or published, in whole or in part, for any

purpose

• The information contained in these materials has not been independently verified. These materials have been prepared

without taking into account the recipient’s investment objectives, financial situation or particular needs. No

representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness,

accuracy, completeness or correctness of the information or opinions contained herein. It is not the intention to provide,

and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company's financial

or trading position or prospects. The information and opinions in these materials are provided as at the date of this

presentation and are subject to change without notice and will not be updated to reflect material developments which

may occur after the date of this presentation. None of the Company, nor any of their respective affiliates, nor any of their

respective directors, officers, agents, employees, advisers or representatives shall have any liability whatsoever (in

negligence or otherwise) for any loss howsoever arising from any use of these materials or their contents or otherwise

arising in connection with these materials.

• These materials contain statements that reflect the Company's current beliefs and expectations about the future as of

the respective dates indicated herein. These forward-looking statements are based on a number of assumptions about

the Company's operations and factors beyond the Company's control and are subject to significant risks and

uncertainties, and, accordingly, actual results may differ materially from these forward-looking statements. In furnishing

these materials, the Company undertakes no obligation to provide the recipient with access to any additional information.

The Company reserves the right, without giving reasons, at any time to revise, supplement or withdraw these materials

provided to the recipient and to terminate discussions with any or all of the recipients.

• These materials do not constitute and should not be construed as an offer to sell or issue or an invitation or solicitation

of an offer to purchase or subscribe for any securities of the Company in any jurisdiction or an inducement to enter into

investment activity. No part of these materials, nor the fact of their distribution, shall form the basis of or be relied upon

in connection with any contract, commitment or investment decision whatsoever.

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Introduction - Asia’s Appetite for Energy

Chart

showing

kilowatt hour

consumption

per capita.

Source data:

NationMaster

Energy Statistics

Energy World Corporation has always positioned itself to take advantage of Asia’s appetite for energy. There is a strong link between the consumption of electricity (kWh per capita) and the development level and quality of life of a country.

Energy World Corporation is working to provide energy to Asian countries by developing standard modular LNG production trains and by investing in LNG receiving terminals and Gas fired power generation.

104

140

344

425

446

457

478

501

597

827

1585

1865

3166

4797

5642

5699

6206

7029

7391

8072

8170

8937

11193

13351

0 2000 4000 6000 8000 10000 12000 14000 16000

Myanmar:

Bangldesh:

Sri Lanka:

Pakistan:

Papua New Guinea:

India:

Indonesia:

Vietnam:

Philippines:

North Korea:

China:

Thailand:

Malaysia:

Malta:

Russia:

Hong Kong:

United Kingdom:

Germany:

South Korea:

Japan:

Singapore:

New Zealand:

Australia:

United States:

kWh

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EWC Business Opportunity - LNG F

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HARDWARE

• Processing Engineering

• Equipment Design

• Civil Engineering

• Land Acquisition

• E.P.C. Contractor

SOFTWARE

• Permits

• Environmental

• Cultural Heritage

• Local Community Welfare

• Contribution to Local

Community

FINANCING

• Equity

• Debt

• Project Finance

• Capital Markets

Project Development Requirement

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EWC’s Hong Kong Office

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Indonesia - Operations & Projects Update

ENERGY WORLD GROUP

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Indonesia – 195 MW Plant

• 195 MW Plant is fully operational

• 91.1% Plant availability: exceeding PPA targets

• Plant Output of 1,458 GWh in FY2011

Indonesia Power Operations - Update

Switch Yard

135 MW Combined Cycle Plant

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Indonesia – 60 MW Gas Turbine (part of 195 MW plant)

• Fully operational

• 60 MW Gas Turbine and original 135 MW plant

operated without any unplanned interruptions in

FY2011.


60 MW Gas Turbine 135 MW Combined Cycle Plant

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Indonesia – 120 MW Expansion

• Amendment to PPA signed on 12 Nov 2010.

• Formal approval from the Minister of Energy received on

31 Dec 2010 for the tariff contained in the PPA.

• Fully financed with a Project Finance debt package agreed

in June 2011 with funding provided by Standard Chartered

Bank, Mizuho Bank, Natixis, Sumitomo Mitsui, OCBC.


Site for 120MW Expansion 60 MW Gas Turbine

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Mr. Stewart Elliott and Mr. Brian Allen signing the

Project Finance package with Standard Chartered Bank Mr. Stewart Elliott and Mr. Brian Allen with Mizuho Bank

Indonesia - 120 MW Expansion, US$200M Project Finance Package

Gas Field Development, US$88M Finance Package

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Indonesia – Sengkang Gas Operations

• Gas plant fully operational.

• Sengkang Further Plan of Development to provide gas for

120 MW expansion from Kampung Baru gasfield was agreed

on 16 Nov 2010.

• EEES nominated as supplier by BPMIGAS to PLN.

• POD to develop Walanga, Sampi Sampi and Bonge

(WASAMBO) gas fields approved by BPMigas 14 June 2011

Indonesia Gas Operations - Update

Kampung Baru Gas Plant

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Indonesia – LNG Project Update

• Main Equipment currently being shipped, expected

production in 2013

• Site preparation works underway

Indonesia LNG Project - Update

Zeus Conference Members viewing EWC’s cold boxes

at Chart’s workshop in Sept 2011 Zeus Conference Members at Chart’s workshop in

Sept 2011

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Four of EWC’s 0.5 MTPA cold boxes ready to be shipped

Mr. Stewart Elliott with transporters to be used for transporting

EWC cold boxes at Chart’s workshop in Sept 2011

Siemens’ Compressors

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Slipform Equipment

Slipform equipment manufactured and ready for use

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Indonesia – Sengkang LNG Project

Mr. Brian Allen and Mr. Stewart Elliott meeting with Vice

President Jusuf Kalla to discuss the project

Mr. Brian Allen overseeing the payment for the land

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Mr. Brian Allen with South Sulawesi Governor Syahrul Yasin Limpo at the

ground-breaking ceremony for the Sengkang LNG Project in October 2011

Indonesia – Sengkang LNG Project

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MOU signed for East Java LNG Receiving Terminal

• In October 2011, EWC signed a Memorandum of

Understanding with the Provincial Government of

East Java to develop and construct an LNG Import

Receiving Terminal

• East Java currently lacks a gas supply of around 3

MTPA to satisfy 332 local companies

• Phase 1 is expected to process 3 MTPA

• Phase 2 will include a gas fired power station and

further expansion of the LNG Import Terminal facilities F

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Mr. Stewart Elliott meeting with East Java

Governor Soekarwo

East Java LNG Receiving Terminal

Mr. Stewart Elliott signing the MOU with East

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Mr. Stewart Elliott with East Java Governor

Soekarwo

Mr. Stewart Elliott exchanging the signed MOU with

East Java Governor Soekarwo

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The proposed site for the East Java LNG receiving

terminal

Mr. Brian Allen and Mr. Stewart Elliott meeting with the

local Bupati to discuss the land for the project For

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Australia – Power Operations and LNG Projects Update

A U S T R A L I A

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Australia – Power operations update

• Plant fully operational

• Availability factor for Alice Springs Power Plant

was 79% for FY2011

• 44.69 GWh sold in the year

• Discussions commenced with NT PWC to extend

PPA beyond 2016 and install extra capacity

Australia Power Operations - Update

Alice Springs Power Plant

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Gilmore LNG Project

• 56,000 TPA Project Equipment shipped ETA

4 November 2011.

• Further development of gas fields planned.

EWC’s Gilmore LNG Cold-Box being transported

for shipment EWC’s Gilmore LNG Cold-Box being loaded onto a

cargo ship in the US bound for Australia

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LNG Filling Stations

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Australia – Cultural Heritage

Mr. Elliott meeting with local community in

Queensland

Brewing the “billy”

The software part of our projects

is more important than solving all

the hardware and technical issues.

If there is no site, and no good

will, there is no project.

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Abbot Point LNG Project

• Queensland Government issued report in May 2011

re-confirming Abbot Point as a preferred location for

an LNG plant

• Contracts being finalised with the Queensland

Government regarding land for the LNG plant

• Land area suitable for LNG Liquifaction Facility and Export Terminal with capacity up to 10 MTPA

Australia

Gilmore

Eromanga

Abbot

Point

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Proposed

Power

Station

Proposed

LNG Plant

Proposed

LNG Jetty Water

Depth 13 M+

Australia – Abbot Point – LNG Plant & Power Station

Abbot Point

LNG Facility

QUEENSLAND

Gilmore

Galilee

Basin

Proposed

Queensland

Gas

Highway

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Philippines – LNG hub terminal update

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His Excellency Benigno S. Aquino III, President of the Republic

of the Philippines Meeting with Stewart Elliott and Brian Allen

of Energy World Group

Brian Allen

Executive Director

Energy World Group

Stewart W. G. Elliott

Chairman, M.D. & C.E.O.

Energy World Group

His Excellency Benigno S. Aquino III

President of the Republic of the Philippines His Excellency Benigno S. Aquino III witnessing Mr. Elliott signing the

Board of Investments Agreement for the LNG Hub Terminal and Power

Station to be built at Pagbilao in the Philippines His Excellency Benigno S. Aquino III meeting Mr. Stewart Elliott and

Mr. Brian Allen on 31 August 2011 in Beijing to offer his full support for the

development of the LNG Hub Terminal and Power Station

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Philippines – LNG hub terminal update

• The Philippines’ first permit for the development,

construction and operation of an LNG Hub

Terminal and Re-gasification Facility awarded by

the Department of Energy to EWC in Jan 2011

• Site works commenced on land

Mr. Stewart Elliott with local staff on site Site works in progress

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Philippines – LNG hub terminal, Site Works

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2 x 150 MW Combined Cycle Power Station General Arrangement

(The Power Station will use natural gas as fuel source)

The Philippines - LNG Hub Terminal and Power Station

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Papua New Guinea – LNG project update

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Papua New Guinea – LNG project update

• Shareholders Agreement and Project Funding &

Construction Agreement signed in Feb 2011 for

3MTPA (2+1)

• Currently working towards Final Investment

decision by 31 Dec 2011

EWC’s CEO Stewart Elliott and Henry Aldorf of InterOil Stewart Elliott meeting with the local community in PNG

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New Substantial Shareholders

• In July 2011, Orchid Fund Pte Limited, a Richard

Chandler Corporation company became a 14.9%

shareholder in EWC

• In October 2011, Capital Group Companies Inc.

passed the 5% threshold to become a substantial

shareholder in EWC

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SEHK Listing and De-listing from NZX

• Currently working towards a listing on the Main

Board of the Hong Kong Stock Exchange.

• HSBC is working with our other sponsors (CLSA,

Standard Chartered, etc) to achieve a successful

listing.

• In Oct 2011, we de-listed from the New Zealand

Stock Exchange.

SEHK Listing F

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EWC

9A Seaforth Crescent, Seaforth, NSW 2092, Australia

Tel : (61 2) 9247 6888

Fax : (61 2) 9247 6100

27 October, 2011

ENERGY WORLD CORPORATION LIMITED

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DELIVERING CLEAN ENERGY TO ASIA For personal use only · 10/27/2011 · Mr. Stewart Elliott and...

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