ENERGY WORLD

Queensland LNG
15 February 2010

AUSTRALIAN
GASFIELDS

Presentation by Mr. Stewart Elliott

Managing Director and CEO, Energy World Corp.
Delivering Clean and Green Energy

Disclaimer

These materials have been prepared by Energy World Group (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
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The information contained in these materials has not been independently verified. These materials have been prepared without
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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
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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
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any contract, commitment or investment decision whatsoever.

Introduction
Since our presentation last year the LNG industry has experienced some challenging
factors:
1.
2.
3.
4.
5.

Tight financing for early developments of gasfields and LNG sites

Slump in the gas prices for both the Henry Hub and the Asian markets
LNG projects delayed
Rising cost of developing CSG
LNG supply contracts cancelled or re-negotiated

However, Energy World still believes that the future of LNG in Asia is very positive there
is a considerable demand for LNG in Indonesia, the Philippines, Sri Lanka, Japan, Korea
and China.
- Demand for LNG in:
Indonesia
Philippines
Sri Lanka
Total:

6.8 MTPA
3.4 MTPA
2.0 MTPA
12.2 MTPA

Japan, Korea and China also require extra LNG.

Introduction (Cont)
To service this new market, it must be developed at both ends, supply, production
and the receiving terminals and distribution for the new LNG. We believe at the
moment, insufficient attention is being given to the receiving terminals and distribution
for delivering of gas to the Asian markets.
Energy World, along with its technology and equipment supply strategic alliance partner,
Chart, is working at both ends to develop the infrastructure to facilitate these new and
exciting markets.
LNG / PRODUCTION AND EXPORT FACILITIES
1.
2.
3.
4.
5.

Australia - work is continuing on the Queensland Abbot Point export terminal and
gas highway.
We are also going to build the Gilmore LNG plant
Indonesia works continue on the LNG terminal and power plant expansion
Papua New Guinea works continue on the LNG export terminal and pipelines
Development work is also continuing on the shipping and the floating LNG plant

LNG IMPORT RECEIVING TERMINALS AND DISTRIBUTION

1.
2.
3.

Indonesia - Receiving terminals for domestic gas

Philippines - LNG import / power generation / city gas / vehicle fuel
Sri Lanka LNG import / power generation / city gas / vehicle fuel

Section 1: Plan, Vision and Strategy

Business Opportunity - LNG

Clean and Green Energy

LNG is
considered to be
a source of
Clean Energy

Increasing concern over global warming has led to pollution and emission caps,
reduction goals and carbon trading
Natural gas is a cleaner and more efficient fossil fuel
- For an equivalent amount of heat, burning natural gas produces approximately
45% less carbon dioxide than burning coal, and approximately 30% less than
burning fuel oil
We use the more efficient combined cycle gas turbine
technology in our Sengkang Power Plant

Environmentally
Friendly Operation with
Substantial Energy
Efficiency

Our Expansion Project and possible further expansion

includes the latest generation of gas turbine technology
Our Sengkang LNG Project will use the latest electric
drive compression technology, providing substantial
energy efficiency

We will continue to focus on efficient and clean energy generation

Our Target
To become a leader in modular LNG development and a significant
supplier of natural gas to Asian markets
Pagbilao
Hub Terminal
300MW Power Station

Sri Lanka
600MW
Power Station
LNG Hub

Sengkang
2-5MTPA LNG Terminal

Manila

Papua New Guinea

2-5MTPA LNG Terminal
and
Deep Water Port

Jakarta

Sulawesi

COOPER
BASIN

Abbot Point
Terminal
400MW Power Station

Introduction - Asias Appetite for Energy

kWh
United States:
Australia:
New Zealand:
Singapore:
Japan:
South Korea:
Germany:
United Kingdom:
Hong Kong:
Russia:
Malta:
Malaysia:
Thailand:
China:
North Korea:
Philippines:
Vietnam:
Indonesia:
India:
Papua New Guinea:
Pakistan:
Sri Lanka:
Bangldesh:
Myanmar:

2000

4000

6000

8000

10000

12000

14000

16000

13351
11193
8937
8170
8072
7391
Energy World Group has always
7029
positioned itself to take advantage of
6206
Asias appetite for energy. There is a
5699
strong link between the consumption
5642
of electricity (kWh per capita) and the
4797
3166
1865
1585
827
597
501
478
457
446
425
344
140
104

Chart
showing
kilowatt hour
consumption
per capita.

Source data:
NationMaster
Energy Statistics

development level and quality of life of

a country.
Energy World Group 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.

Section 2: Business
LNG Operations

Development of Modular LNG

Energy World Group
developed Australias
first domestic LNG plant
over 18 years ago (Alice
Springs LNG Facility)
and pioneered the
transportation of LNG
by road

Energy World Group

decided LNG was the
best way to supply
Asias growing energy
demands and protect
the environment

Energy World Group

approached liquefaction
equipment makers
asking for their
standard equipment
when standard
equipment does not
exist

Energy World Group

ordered a FEED Study
to design a standard
modular MTPA
liquefaction train using
standard pipeline gas

2 1

1 Cold Box

4 Air Cooled Heat Exchanger

2 Brazed Aluminum Heat Exchanger

5 Pre-Treatment

3 Compression

6 LNG Storage Tank

Teaming Up with Industry Leaders on Modular LNG

Energy World Group has brought together distinguished global players and strong partners
such as Chart and Siemens to develop an efficient, electric drive modular LNG system that
can be used in a variety of locations.

ENERGY WORLD
GROUP
qInvestor, Developer & Operator
qCivil and Process Engineering
qLNG Tank Construction
qCivil Works

CHART

qOperation and Maintenance

SIEMENS

Other Consultants and Suppliers:

qLNG Process Provider
qCold Boxes
qGas Treatment (By TDE)
qLiquefaction BOP

CH.IV International LNG Specialists

Arup Civil Engineering
Woodfield Loading Arms
Penspen Pipeline routes and design
University of Southampton Cryogenic Materials Testing

qElectrical and Rotating equipment

qElectrical BOP

Development of Modular LNG

E-LNG allows for a simple, elegant Liquefaction
setup with a relatively small footprint.
Through innovative design, Energy World Group
has downsized typical LNG train sizes we are
moving from the grandfather clock to the pocket
watch.
By using a standard design, more and more
components can be shop fabricated allowing for
better quality, cost effectiveness and reduced
installation time.

Development of Modular LNG

Cold Box and Compressor

Final Gas Clean Up

Benefits of Modular LNG

Significantly lower capital cost requirement (easier financing) with faster construction and faster LNG to
market (earlier revenue stream during development of gas field)
Standardized, "off the shelf" design, proven technology, minimal (re)engineering
Maximized shop fabrication, minimized field construction, "plug and play" concept
Less complex design means simpler plant operation, improved turndown capability and lower maintenance
downtime with multiple production modules
Flexibility to incorporate additional modular LNG trains to add capacity to an LNG facility to suit the
particular characteristics of a given gas field (deferred investment)
Plant can be dismantled and relocated when a gas field is depleted (reduced investment risk)
Ability to exploit stranded gas fields that are not considered commercially viable for conventional baseload
LNG facilities
Modular approach is suitable for both onshore and offshore applications

The LNG Storage Tank

Energy World Group has secured a License from GTT Gaztransport &
Technigaz to use its LNG tank technology for land based membrane tanks

Energy agencies
are forecasting
significant
increases in natural
gas demand during
the next 20 years.
The largest
increments in future
gas use are
expected to be in
the developing
countries.
In the last two
decades, LNG
demand has
experienced 7.7%
annual growth.
World demand for
natural gas has
grown about 2.6
percent a year over
the last decade, but
in Asia, the Middle
East, Latin America
and Africa it has
averaged 7 percent
over the same
period.

LNG Storage Tank Membrane Lining

GST Containment
GST Containment
Stainless steel corrugated membrane
Primary Barrier
Plywood

Insulating panel

Reinforced polyurethane foam

A composite laminated material
Secondary Barrier
Reinforced polyurethane foam
Plywood
Mastic
Concrete wall covered with a moisture
barrier

LNG Tank Construction

Site Formation

Foundation

Slipform Assembling

Slipform in Progress

Installation of GTT Membrane

/ Insulation System and
Suspended Ceiling

Pipeline / Pumps Installation

Air Lift
Roof Structure
Air Lift

Slipform Completed
and Roof Erection

Air Lift of Roof in Progress

LNG Tank Construction Sequence

LNG Tank Family

Our LNG Projects

Australia Abbot Point LNG Project

Proposed Development of Harbour Port, Power Station, LNG

Production and Load Out Facilities at Abbot Point

A U S T R A L I A

Our LNG Projects

Australia Abbot Point LNG Project
Australia

Unlocking Queensland Gas Assets

Queensland

Location
Community
Opportunity
Timing

Port of Abbot Point

Existing deep-water coal export terminal
An opportunity for many smaller gas exploration companies in
Queensland to gain access to export facility and a wider market
Production from the Abbot Point LNG Project is planned to
commence in about 3 years

Abbot Point LNG Project

Development Plan
Abbot Point
LNG Facility

Capex Projection

A LNG facility with 4 modular 500,000 MTPA

trains, LNG storage tank, and export facilities

US$500 million

A 350 km gas pipeline to connect the two LNG

facilities to Bowen Basin and Surat Basin

US$388 million

Later Phase

A 550 km gas pipeline to connect the Gilmore

and Eromanga gas fields to the initial phase
pipeline

US$612 million

Potential
Opportunity

Coal bed methane and underground coal

gasification from our Eromanga Gas Field

To be determined

Initial Phase

Proposed
Queensland
Gas Highway

Our Proposed LNG Plant and Power Station

Abbot Point Proposed LNG
Plant & Power Station:
Proposed
LNG Jetty Water
Depth 13 M+

Initial capacity 2 MTPA

Future expansion to 5 MTPA
Gas supply from EWC owned and
operated gas fields via the Qld Gas
Highway

Proposed
LNG Plant

Proposed
Power
Station

Proposed
Qld. Gas
Highway

Abbot Point Queenslands Chosen Gas Port

Proposed Multi Cargo Facilities

Our LNG Projects

Australia Abbot Point: Queenslands Chosen Gas Port
One of the stated objectives of the Plan for development of
the Port of Abbot Point is to provide export opportunities
for Queensland Products, and the following statement,
under the heading Methane Gas, has been included.
The Bowen Basin contains large amounts of coal seam
methane which is an alternative source of clean energy.
The reserves are potentially larger than the natural gas
fields of the north-west shell off Western Australia.
Exploitation of the methane gas may provide another
export opportunity for the Port of Abbot Point. The gas
from the Bowen Basin could be transported to Abbot Point
by pipeline and stored at the port prior to export. Port
facilities at Abbot Point are isolated from urban
development and a sufficient buffer zone exists to provide
for safe storage and handling of the gas.

Australia Other Gas and Oil Interests

Southern Cooper Project (PEL 96)
PEL 96
(Block K)
Percentage
Interest of
EWC

33.3%

Gas / Oil

Gas potential of 8 20 TCF

Operating
Party

Strike Oil Limited

EWC portion
2.50 - 6.50 TCF

Production
Status

PEL obtained 13 May 2009

Future
Investment
Obligation

Being determined

Status

Drill rig is being secured to

commence the three hole drilling
program designed to start the
evaluation of the CSG potential
of the Southern Cooper Project
from January 2010

Southern Cooper Project (PEL 96)

Location Epic Energys Moomba to
Adelaide Gas Pipeline Traverses the
Permit
Source: Strike Oil Limited

Our LNG Projects

Australia Gilmore LNG Facility
Proposed Markets

The Gilmore LNG facility will be a major link

in our aggressive development program for
Australia. primarilary focused on the Eastern
States including the Northern Territory and
South Australia.
We propose to develop the market in three
phases.
LNG Plants :
Gilmore, Alice Springs, PL 96
Phase 1:
Off Grid Power Generation
Mine Sites
Remote Communities
Phase 2:
Long Haul Vehicle Fuel
Mine Site Vehicle Fuels

NORTHERN
TERRITORY

QUEENSLAND

Alice Springs
Gilmore
SOUTH
AUSTRALIA

PEL 96
W SSOOUUTTHH
NNEEW
WWAALLEESS

Taking The Mystery Out of LNG Fueling

Permanent LNG/LCNG Station

Quad 15,000 Gallon Vertical Tanks

On-Board LNG Vehicle Tanks

How The Tank Works

LNG Virtual Pipeline

Australia:
DoubleTrailers with
LNG fueled
trucks

Intermodal Transport with ISO Containers

Rail Transport

Rail Transport

LNG Satellite Storage

LNG Buses Fueling Station - China

Our Indonesian Projects

ENERGY WORLD
GROUP
Indonesian Projects

Our Gas and LNG Projects

Indonesia Sengkang Gasfield
Production Sharing Contract (PSC)

EWC Indonesia Projects

The Sengkang PSC Block is located in the province of
South Sulawesi. The PSC is operated by Energy Equity
Epic Sengkang (EEES) which is 100% owned by EWC.
Gas from the PSC is supplied to the Sengkang Power
Station (195MW under expansion to 315MW) IPP; PT
Energi Sengkang (PTES) which is owned 95% by EWC.
EEES is planning to develop the PSC to its full potential in
order to supply LNG to Domestic Market in Indonesia (up
to 5 MTPA).

Our Power Plant Project

Indonesia Sengkang Power Plant Expansion

195MW
capacity
is
currently
operational after the first 60MW
expansion unit was commissioned in
November 2008.
Additional 60MW gas turbine and
60MW steam turbine are expected to
become operational by December
2010 and December 2011 respectively.
The existing 195MW plant has a great
reliability history with high availability
factors consistently above the agreed
level of 85% in the PPA, and
increasing capacity factors from
increasing power generation and
utilization.
Approval has been given by PLN and
Minister of Energy and Natural
Resources of PT Energi Sengkang
(PTES) as the owner and operator of
the 195MW Combined Cycle Power
Plant located in Patila, for 120MW
expansion in 2008.

Our Gas and LNG Projects

Indonesia Sengkang Drilling Rig on site
Well Workovers and Production Gas Well Drilling, August 2009

Our Gas and LNG Projects

Indonesia Sengkang Gasfield
Production Sharing Contract (PSC)
Assessment of Potential Resources from Prospects and Leads Hydrocarbon
Resource Estimates Not Risk Adjusted
An assessment, from prospects and leads, of the potential
Hydrocarbon resources in the Sengkang field indicates reserves
could total 5-7 TCF of natural gas. This gas reserve will provide
5-7 million tons of LNG per year, for 20 years.

SENGKANG BLOCK GRAND

TOTAL

Our Gas and LNG Projects

Indonesia Sengkang Gasfield
Production Sharing Contract (PSC)
Development Strategy:
To fully develop the potential of the
Sengkang PSC, three phases of
expansion, drilling and exploration.
Phase I will fully develop the
potential for the Kampung Baru
Field providing a secure supply of
gas to the Sengkang Power Station
Phase II will develop the discovered
but non producing fields.
This
should provide between 300BCF
and 500 BCF of gas.
Phase III will explore and develop
the reminder of the PSC and will
prove up the full potential of
between 3 and 5 TCF of gas.

Our Gas and LNG Projects

Indonesia Plan of Development (POD)

PLAN OF DEVELOPMENT (POD)

BPMigas has requested the additional information which is now being prepared for submission

Our LNG Projects

Indonesia Sengkang LNG Project
Sengkang
2-5MTPA
LNG Terminal

CPP
Kampung Baru

LNG Loading
Terminal

LNG Plant Site

Bongo
01
Walanga
02

Power Plant

SENGKANG
Power Station
For LNG Plants

Our LNG Projects

Indonesia Sengkang LNG Project
South Sulawesi LNG:
Site acquired
Major equipment being shipped

Our LNG Projects

Indonesia Sengkang LNG Project Final Gas Clean Up

Our LNG Projects

Indonesia Sengkang LNG Project MRC Compression
Electric Motor
Drive

Gear
Box

Compressor

Our LNG Projects

Indonesia Sengkang LNG Project Liquefier Cold Box Module

Our LNG Projects

Indonesia Sengkang LNG Project Air Cooled Heat Exchangers

Our LNG Projects

Indonesia Sengkang LNG Project Vacuum Insulated Pipe

Our LNG Projects

Indonesia Sengkang LNG Project LNG Marine Loading Arms

Our LNG Projects

Indonesia Sengkang LNG Project Control & Instrumentation
Siemens Factory Acceptance Test (FAT) for Sengkang LNG Direct Control System (DCS)

Our LNG Projects

Indonesia Sengkang LNG Project Site Formation Works

Our LNG Projects

Papua New Guinea Development Projects in Gulf Province
Proposed Developments of LNG Terminal, Petroleum Refinery,
Deep Water Port, Cement Plant, Housing and Industrial Estates

Gulf Province

Our LNG Projects

Papua New Guinea Development Projects in Gulf Province
Proposed Pipeline
Land
A
B
Total

:
:
:

80 Km
105 Km
185 Km

Sea
C
D
Total

:
:
:

95 Km
55 Km
150 Km

EWC - Proposal
LNG Terminal

EWI - Deep Water Port

B
A

Gross Pipeline :

335 Km

EWI - Petroleum Refinery

Papua New Guinea

Gulf Province

EWI - Power Station

Our LNG Projects

Papua New Guinea Gulf Province LNG Project Signing Agreement
In Conjunction with Energy World International Limited

Gulf Province Developments:

Hon. Havila Kavo M.P. Governor of Gulf Province

Signing the Partnership Agreement

Natural gas supply pipeline

2 - 5 MTPA LNG production facility
LNG Terminal will be developed in
conjunction with a deep water port and
power station, and an industrial
petroleum complex

Future Partners:
The Governor of Gulf Province, Hon. Havila Kavo M.P.
Energy World Group CEO, Mr. Stewart Elliott

Our LNG Projects

Papua New Guinea Western Province LNG Project

Parama Island LNG:

Initial capacity 2 MTPA
Future expansion to 5 MTPA
LNG Terminal will be developed in
conjunction with a deep water port
and power station.

Our Philippines Projects

Kanan B1 Hydro Electric Project

Phase I 145MW
Phase II 70MW

Kanan 200MW Wind Farm Project

Business Opportunity in the Philippines

Our LNG Projects

The Philippines LNG Hub Terminal and Power Station

Our LNG Projects

The Philippines LNG Hub Terminal and Power Station
Pagbilao LNG Terminal:
Pagbilao
Hub Terminal

PHILIPPINES

Terminal will act as a hub for onward

distribution of LNG throughout the
Philippines
Energy World Group will develop a
CCGT power station at this site

First LNG Terminal with

3 x 100 MW Combined
Cycle Gas Turbine
Power Station

QUEZON PROVINCE DEVELOPMENTS

HON. RAFFY P. NANTES

GOVERNOR QUEZON
PROVINCE
DELIVERING CLEAN
ENERGY FOR QUEZON

LNG CARRIER VESSEL

HOTEL AND RESORT

300MW
300MW GAS FIRED
POWER STATION

FERRY PASSENGER
TERMINAL
ENERGY WORLD GROUP

Our LNG Projects

The Philippines - LNG Hub Terminal and Power Station

From left to right: Former Gov. Eduardo Rodriguez, Gov. Rafael P. Nantes,
Secretary of DOE, Provincial Government of Quezon Mr. Angelo T. Reyes,
MD of EW Group Mr. Stewart Elliott

Our LNG Projects

The Philippines - LNG Hub Terminal and Power Station
Ground Breaking Ceremony 28 August 2009

Our LNG Projects

The Philippines - LNG Hub Terminal Site Preparation

Other Projects in the Philippines

Kanan B1 Hydro Electric Project

Other Projects in the Philippines

Kanan Wind Farm Project

F
D E

B C

WINDFARM LOCATION
(Phase 1)

Our LNG Projects

Sri Lanka Hambantota or Kerawalapitiya LNG Hub Terminal

600MW Combined Cycle Gas Turbine Power Station (2 x 300MW)

Power Station

Our LNG Projects

Sri Lanka Hambantota or Kerawalapitiya LNG Hub Terminal
Hambantota or Kerawalapitiya
LNG Hub Terminal:

This terminal will act as a hub for

onward distribution of LNG
throughout Sri Lanka
Energy World Group will develop a
CCGT power station at this site
Substantial development of this port
is already underway

Our LNG Projects

Sri Lanka Hambantota or Kerawalapitiya LNG Hub Terminal

Development of Floating Modular LNG

LNG Storage Ship

3 Ship Solution for Floating LNG

Based on the standard
Energy World Group LNG
ship Energy World
Group developed 3 ship
solution for Floating LNG.
LNG Support Ship - Gas
pretreatment and power
generation is located on
the first ship.
LNG Liquefaction Ship Liquefaction (2 x 500,000
TPA) trains the standard
EWC module are located
on the second ship.
LNG Storage Ship Storage is located on the
third ship.
ENERGY WORLD
GROUP

Development of Floating Modular LNG

Gas Cleanup and Power Generation Ship

ENERGY WORLD
GROUP

Development of Floating Modular LNG

LNG Liquefaction Ship 2 x 500,000 TPA

ENERGY WORLD
GROUP

Thank You!

15 Feb 2010