Synergia Energy Ltd · LSE:SYN
Synergia Energy — Investor Presentation (October 2024)
13 slides from Synergia Energy's investor presentation, October 2024
Slide 1: Investor Presentation October 2024
INVESTOR PRESENTATION October 2024 NG Grain LNG terminal
Slide 2: Synergia Energy Overview
SYNERGIA ENERGY OVERVIEW • Focussed on carbon reduction • 2 major CCS projects and Cambay gas field development in India Carbon Reduction Strategy • AIM-listed company with London-centric management • Carbon storage license CS019 Camelot awarded in June 2023 • 50:50 JV with Harbour Energy with Syner
Slide 3: Focussed on Carbon Reduction
FOCUSSED ON CARBON REDUCTION ▪ Currently generating revenue from Cambay gas field in India – gas production to replace LNG imports and reduce dependence on coal-fired power generation ▪ Medway Hub CCS project in the UK – aims to transport and store up to 6.5 Mpta of CO2 via merchant scheme offering
Slide 4: Camelot CCS Project Overview
MEDWAY HUB CAMELOT CCS PROJECT PROJECT OVERVIEW • Transportation and storage of CO2 from 3 major CCGT power stations located on the Isle of Grain near Rochester, Kent and from Continental European carbon hubs (Zeebrugge, Rotterdam and Wilhelmshaven) • Liquid CO2 transported via tanker to depleted ga
Slide 5: Camelot CCS Project Overview (contd.)
MEDWAY HUB CAMELOT CCS PROJECT PROJECT OVERVIEW (contd.) Carbon Hub (Medway, Zeebrugge, Marine CO2 Shuttle Floating Injection, Rotterdam, Tanker Storage & Offloading Wilhelmshaven) (FISO) vessel Camelot Storage Complex
Slide 6: FISO Features and Advantages
MEDWAY HUB CAMELOT CCS FISO FEATURES AND ADVANTAGES • Moored vessel incorporates CO2 loading facilities from CO2 tankers, CO2 storage, pumping equipment for CO2 injection via umbilicals into depleted gas reservoirs and saline aquifers • FISO is CCS equivalent of FPSO and can be positioned over any s
Slide 7: Project Timeline & Responsibilities
MEDWAY HUB CAMELOT CCS PROJECT TIMELINE & RESPONSIBILITIES Under T&S contract, Synergia will be responsible for: - Batch loading of liquid CO2 onto CO2 tanker at the IoG LNG terminal or Continental European carbon hub - Transport by sea tanker to Floating Injection, Storage and Offloading vessel (FI
Slide 8: Commercial Highlights
MEDWAY HUB CCS PROJECT COMMERCIAL HIGHLIGHTS • Synergia / Wintershall awarded carbon storage license CS019 for the Camelot reservoirs by the North Sea Transition Authority (NSTA) June 2023 • 50:50 JV with Harbour Energy; Synergia is operator • Multiple discussions have been held with primary emitter
Slide 9: Cambay India Project Overview
CAMBAY INDIA PROJECT OVERVIEW • Cambay PSC currently licensed through 2029 and can be extended • Farm Out to Selan Exploration completed 1 August 2024 creating 50:50% JV • Field development plan focused on Eocene tight gas reservoir • c. 1 TCF contingent gas resources with 206 BCF P50 reserves • Eoc
Slide 10: Eocene Gas Reservoir Development
CAMBAY INDIA GAS FIELD EOCENE GAS RESERVOIR DEVELOPMENT • Field development plan focused on Eocene tight gas reservoir with c. 1 TCF contingent gas resources and 206 BCF P50 reserves • Eocene gas reservoirs 50-90m thick across field as demonstrated by numerous (>30) test wells • Farm Out Agreement s
Slide 11: Cambay India Gas Field: Selan Exploration JV
CAMBAY INDIA GAS FIELD Selan Exploration JV ` • Field development plan focused on Eocene tight gas reservoir with c. 1 TCF contingent gas resources and 206 BCF P50 reserves • Farm Out Agreement signed with Selan Exploration in February 2024 and closed 1 August 2024. • 50% WI transferred to Selan in
Slide 12: Cambay India CCS Project Highlights
CAMBAY INDIA CCS PROJECT HIGHLIGHTS • Cambay CCS scheme introduced to Govt. of India regulators in January 2023. In July 2024, DGH requested a proof of concept pilot project with Central GOI funding • First end-to-end CCS solution in India • Cambay is an ideal location for a CCS hub due to its proxi
Slide 13: Glossary
GLOSSARY • CCGT: Combined Cycle Gas Turbine power station • CCS: Carbon Capture and Storage • AIM: Alternative Investment Market – London Stock Exchange • BCF: Billion cubic feet • Mta: Million tonnes per annum • FISO: Floating Injection, Storage and Offloading vessel • FPSO: Floating Production, St
Synergia Energy — Investor Presentation (October 2024) on 6ix