APA Group · ASX:APA
APA — UBS Australian Infrastructure and Utilities Conference 2008
19 slides from APA's conference presentation, Jun 11, 2008
Slide 1: APA Group and its natural gas infrastructure
APA Group and its natural gas infrastructure Mick McCormack APA Group Managing Director UBS Australian Infrastructure and Utilities Conference 2008, Sydney 11 June, 2008
Slide 2: APA Group is Australia's leading gas transmission and distribution business
APA Group is Australia’s leading gas transmission and distribution business APA Group owns and operates strategically positioned gas infrastructure assets across Australia Objective Grow the business, … distribution and operating cash flow growth of at least 5% per annum and maximise value for secur
Slide 3: Gas Infrastructure
APA has grown its portfolio of gas infrastructure assets and internal operations capability GAS INFRASTRUCTURE 3
Slide 4: APA now has an asset base of $4 billion
APA now has an asset base of $4 billion with assets under management of over $8 billion 4
Slide 5: Enhancing existing infrastructure through expansion and new build
APA is focussing on enhancing existing infrastructure through expansion and new build Bonaparte Gas Pipeline - Long term arrangement with NT Power and Water Corporation for ~ 30 PJ/a Carpentaria Gas Pipeline - 285 km, 12" 15 MPa pipeline - New Transportation agreements - Construction contract - AJ L
Slide 6: Brownfield growth: Resources boom
Brownfield growth of APA’s gas infrastructure: Resources boom WA and Qld pipeline expansion due to increased gas demand in resource rich mining areas, with new pipeline capital underpinned by new capacity contracts Source: ABARE Australian Mineral Statistics Dec 2007 6
Slide 7: Brownfield growth: Increasing gas demand
Brownfield growth of APA’s gas infrastructure: Increasing gas demand Gas fired generation and increasing gas demand in major markets is driving expansion of gas infrastructure, particularly to supply demand in peak periods 7
Slide 8: Brownfield growth: Gas distribution
Brownfield growth of APA’s gas infrastructure: Gas distribution Growth in residential and commercial gas use within South East Queensland – Fast growing population and housing in Brisbane and Gold Coast – APA Allgas area – State Government initiatives encouraging gas use for water heating (Climate S
Slide 9: Greenfield developments: Gas infrastructure for power generation
Greenfield developments: Gas infrastructure for power generation Proposed gas fired generation locations Gas fired power generation – OCGT and CCGT – CCGTs meeting new base load requirements – OCGTs for peak demand • Gas infrastructure requirements are a function of generation Townsville capacity, n
Slide 10: Greenfield developments: New supply routes
Greenfield developments: New supply routes Shifting gas supply source for Northern Territory Bonaparte Basin – Bonaparte Gas Pipeline - shift from Amadeus Basin to Bonaparte Basin Shifting gas supply sources for NSW – Gas into the NSW market – shift away from Cooper Basin to Queensland and Victoria
Slide 11: Greenfield developments: Multiple point delivery
Greenfield developments: Multiple point delivery Small number of retailers across the East Australian gas and electricity markets – Three largest retailers (excluding NSW electricity) supply majority of the East Australian retail market Retailers’ gas portfolios are diversified across gas basins and
Slide 12: Greenfield developments: East coast CSG opportunities
Greenfield developments: East coast CSG opportunities East Australia Natural Gas and Ethane 2P Reserves (as at May 2008) Vast CSG reserves being proved and developed in Queensland and New South Wales Significant growth opportunities to deliver CSG to markets – LNG export and new gas infrastructure r
Slide 13: Selling down APA's position in low growth assets
Selling down APA’s position in assets that have a low growth profile Unlisted vehicle to hold a number of APA’s annuity-style assets – Electricity cables: Structure of proposed vehicle Murraylink and Directlink APA Group Third party equity – Other APA assets with long term stable annuity-style reven
Slide 14: Integration and leveraging of internal industry knowledge and skills
Integration and leveraging of internal industry knowledge and skills APA Group’s internal industry knowledge and skill base is a valuable resource from which we extract value – Deep understanding of the assets – operations, commercial and regulatory – Alignment of operations and commercial – Alignme
Slide 15: APA Group's business is built on a solid base
APA Group’s business is built on a solid base Secure cash flow through regulated returns and long term agreements – Recent regulatory reset accounts for market conditions – higher debt and equity costs – Contract revenue indexed to CPI Able to grow distributions by at least 5% per annum – Operating
Slide 16: APA Group is able to deliver continued strong results with growth
APA Group is able to deliver continued strong results with growth APA Group’s focus is on growing and enhancing its extensive gas infrastructure portfolio across Australia Brownfield growth of APA’s infrastructure – Capacity expansion to meet new and increased gas demand in resource rich areas – Cap
Slide 17: We deliver energy
We deliver energy www.pipelinetrust.com.au For further information on APA Group contact Chris Kotsaris, Manager Investor Relations Email: [email protected] Tel: +61 2 9693 0049 Mob: +61 402 060 508 17
Slide 18: Disclaimer
Disclaimer The information contained in this presentation is given without any liability whatsoever to Australian Pipeline Trust or APT Investment Trust or any of its related entities (collectively “APA Group”) or their respective directors or officers, and is not intended to constitute legal, tax o
Slide 19: Media Release 11 June 2008
MEDIA RELEASE 11 June 2008 About APA Group (APA) APA Group, comprised of Australian Pipeline Trust and APT Investment Trust, is the major ASX-listed energy transmission company in Australia with interests in almost 12,000 kms of natural gas pipeline infrastructure, over 2,300 kms of gas distribution
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