Energy in Australia: A Queensland Perspective

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1 Energy in Australia: A Queensland Perspective David Camerlengo Trade & Investment Commissioner, North America Trade & Investment Queensland API, Houston May 13, 2014

2 Overview of Queensland

3 Source: BREE Australian Gas Reserves Australia: Energy Resources

4 Australian Gas Reserves Australia: Energy Production Source: Bureau of Resources and Energy Economics, Australian Energy Update, July 2013

5 Australian Gas Reserves Australia: Energy Exports Source: Bureau of Resources and Energy Economics, Australian Energy Update, July 2013

6 Source: BREE Australian Gas Reserves Projected Growth in LNG Exports

7 Source: Wood McKenzie LNG Tool (May 2012). APPEA. Australian Gas Reserves World LNG Demand

8 Australian Gas Reserves Global LNG Supply by Country (2012) Source: 1. Bureau of Resources & Energy Economics 2. US EIA World Shale Gas Study

9 Australian Gas Reserves Global LNG Supply by Country (2017) Source: 1. Bureau of Resources & Energy Economics 2. US EIA World Shale Gas Study

10 Source: APPEA Annual Report Australia LNG Projects - Construction

11 Source: APPEA Annual Report Australia LNG Projects Under Construction

12 Map of Queensland Coal Basins Bowen Basin Surat Basin Source: Geological Survey Queensland

13 Queensland Coal Bed Methane Reserves (2P) Surat Basin Bowen Basin Total 3.1 tcf 3.6 tcf 6.7 tcf

14 Queensland Coal Bed Methane Reserves (2P) Surat Basin Bowen Basin Total 27.0 tcf 8.1 tcf 35.1 tcf

15 Photos courtesy of QCLNG Queensland LNG Projects

16 Map of Queensland LNG Projects Pipeline Bowen Basin Gas Fields Surat Basin Gas Fields Source: Geological Survey Queensland

17 Queensland LNG Projects Project Project Proponents EPCM QCLNG 75% 25% APLNG 37.5% 37.5% 25% GLNG 30% 27.5% 27.5% 15% Awaiting FID ARROW LNG Source: QGC, APLNG, GLNG, Arrow LNG 50% 50%

18 QCLNG APLNG GLNG Project CapEx ($) Characteristics Off-Take Customers ARROW LNG Source: QGC, APLNG, GLNG, Arrow LNG Queensland LNG Projects USD ~$20.4 billion USD ~$23.2 billion USD ~$18.5 billion Unconfirmed FID TBD 8.0 mtpa (2 trains) 340 mile pipeline First LNG delivery late mtpa (2 trains) 325 mile pipeline First LNG delivery expected mid mtpa (2 trains) 260 mile pipeline First LNG delivery expected 2015 CNOOC (China) GNL (Chile) EMA (Singapore) Tokyo Gas (Japan) Chubu Electric (Japan) Sinopec (China) Kansai Electric Power (Japan) Petronas (Malaysia) KOGAS (Korea) TOTAL (France) 8.0 mtpa (2 trains) Shell PetroChina (China)

19 Wells Drilled in Queensland 1300 wells drilled in 2013 Source: Geological Survey Queensland (GSQ)

20 Wells Drilled in Queensland Period of was the start of significant exploration /development Total of over 6,000 wells have been drilled to date Estimated 25,000 wells to be drilled across the life of the LNG projects Source: Geological Survey Queensland (GSQ)

21 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

22 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

23 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

24 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

25 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

26 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

27 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

28 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

29 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

30 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

31 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

32 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

33 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

34 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

35 Source: Geological Survey Queensland (GSQ) Wells Drilled in Queensland

36 Australia Shale Gas Basins

37 Source: The Australian Australia Shale Gas Basins

38 Opportunities in CBM, LNG & Shale Upstream Drilling and drilling completion Gas extraction technologies Well productivity and efficiency Reservoir evaluation Well site operator training Gas processing Water and brine treatment Gas gathering networks Geological mapping services Training of operators Midstream Pipeline service, maintenance, repair New infrastructure pipelines Downstream Operations and maintenance of LNG plants

39 International Companies in Queensland

40 Key Cities in Queensland Brisbane - Capital City of Queensland Oil & gas firms regional HQs Mining global HQs Engineering global HQs Procurement offices State and local government Toowoomba Gateway to Gasfields O&G upstream regional HQs Gas exploration & production hub O&G services hub Regional government New international airport opening late 2014

41 Services of Trade & Investment Queensland Provide market overview for oil & gas sector in Australia including opportunities for US companies Facilitate introductions to other government agencies: Geological Survey of QLD (GSQ) Dept. of Natural Resources & Mines (DNRM) Dept. of Environment Facilitate engagement with industry in Queensland Provide understanding of business culture and considerations for how to do business in Australia

42 Services of Trade & Investment Queensland David Camerlengo Trade & Investment Commissioner, North America Visit our Houston office: Trade & Investment Queensland 5151 San Felipe Suite 1380 Houston, TX 77056

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