Conference Day One – Wednesday 26 February
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8:30 Welcome coffee
8:50 Opening address from the Chair
Keith Orchison, Director, Coolibah Consulting
KEYNOTE ADDRESSES
9:00 Ministerial address
The Hon. Anthony Roberts, Minister for Resources and Energy, New South Wales Government
9:20 Global gas supply/demand dynamics and how this will impact
Australian domestic markets
- Global gas price forecast
- Supply dynamics: the state of play in global gas supply and the impact of new sources of
- Supply on pricing forecasts
- Demand dynamics: the emerging role of gas in power generation relative to traditional fuels and renewables
- How the global pricing outlook will impact Australian domestic markets
Ian Cronshaw, Consultant to the Office of the Chief Economist, International Energy Agency
International keynote
9:50 United States domestic gas policy, export outlook and implications for
Australia
- Overview of U.S. Government gas markets policy and the impact on domestic energy markets
- What are the advantages and disadvantages to having and interventionist energy security policy?
- Outlook for LNG export from the United States and the implications for domestic energy markets
- What lessons can Australian energy policy makers learn from the U.S. experience?
Randa Fahmy Hudome, former Associate Deputy Secretary, Department of Energy (DoE), USA
International keynote
10:20 Outlook for Japanese LNG demand, de-linking gas from oil prices and
investment in Australian projects
- An overview of Japanese energy policy and supply diversification strategy
- Will Japanese buyers be able to access gas contracts that are de-linked from oil prices?
- What is the appetite from Japanese gas buyers to invest in Australian projects?
Takashi Yoshida, Director General - Research & Analysis Department, Japan Oil, Gas and Metals National Corporation
10:50 Morning tea
GAS PRICE, SUPPLY AND DEMAND OUTLOOK
11:20 Australia’s domestic gas market outlook from the perspective of a
major producer
- Outlook for the role of gas as a component of the broader energy mix in Australia
- Balancing the LNG export opportunity with reliable domestic supply
- Potential supply solutions centered on increased storage and production capacity
Kerrie-Anne Lanigan, Gas and Power Marketing Director, ExxonMobil Australia
APPEA keynote presentation
11:50 Our natural advantage: Australian domestic gas outlook within a
global context
David Byers
Chief Executive
Australian Petroleum Production and Exploration Association
Panel discussion
12:20 Outlining the most critical issues for domestic gas stakeholders in 2014
- Our natural advantage: Australian domestic gas outlook within a global context
Panellists:
Phillip Barresi, Chief Executive Officer, Energy Users Association of Australia
Peter Bury, Director of Strategy and Innovation, Plastics and Chemicals Industry Association
David Byers, Chief Executive, Australian Petroleum Production and Exploration Association
Cheryl Cartwright, Chief Executive Officer, Australian Pipeline Industry Association
Ben Eade, Executive Director, Manufacturing Australia
Matthew Warren, Chief Executive Officer, Energy Supply Association of Australia
13:00 Domestic retail gas price outlook
- Domestic gas price forecast for retailer consumers
- How will looming gas price increases impact wholesale and retail costs
- How are regulatory changes likely to impact gas prices?
- What industry and policy changes are likely to enable gas price stabilisation?
Cameron O’Reilly, Chief Executive Officer, Energy Retailers Association of Australia
13:30 Networking lunch
REGULATION AND POLICY TRENDS – THE ROLE OF GOVERNMENT IN
IMPROVING DOMESTIC GAS MARKETS
Ministerial address
14:30 Developing and sustaining a secure domestic gas market in Western
Australia
- Outlining policies that will deliver on the commitment to provide energy security and increase investment in gas development in WA
- Analysing whether the gas reservation policy has achieved its objectives
- Understanding the challenges and opportunities in developing new unconventional gas resources
The Hon. Dr. Mike Nahan MLA, Minister for Energy, Government of Western Australia
14:50 Gas market reform to benefit Australia’s gas stakeholders
- Explaining the challenges faced by users in accessing competitively priced gas within the current gas market structure
- How can more transparent and liquid markets encourage investment in new gas development?
- Outlining the benefits to stakeholders that will come from an improved gas market structure
Mark Collette, Group Executive Manager - Energy Markets, EnergyAustralia
15:20 Evaluating the effectiveness of government initiatives and intervention
policies in emerging unconventional gas markets
- Shale gas prospects in Australia – learning lessons from the U.S. experience
- Managing natural gas resources – LNG vs domestic consumption
- Comparing global best practice community engagement and environmental regulation with Australian policies
- What is the potential for targeted government initiatives to mitigate market failure risks?
Prof. Stefaan Simons, Director - International Energy Policy Institute, UCL School of Energy and Resources
15:50 Afternoon tea
IMPROVING GAS MARKET STRUCTURE, TRANSPARENCY AND EFFICIENCY
16:20 Spotlight on IMOWA’s Gas Bulletin Board (GBB) and implications for a
more transparent and liquid future for domestic gas markets
- How a transparent market can aid in increasing gas supplier numbers and the quantity of supply
- Achievements and experiences so far from the GBB and the Gas Statement of Opportunities (GSOO)
- Recommendations for future improvements to the GBB and suggestions on how a similar system might improve east coast gas markets
Allan Dawson, Chief Executive Officer, Independent Market Operator WA
16:50 Developing a gas supply hub to enhance gas markets and facilitate
new supply
- Outlook and timeframe for the development of a gas supply hub at Wallumbilla
- Challenges to developing the hub and creating new trading mechanisms for gas markets
- Evolution of the gas supply hub, capacity trading and gas markets generally
- Enabling increased supply from the Cooper Basin and impacts on domestic users and export projects
Peter Geers, General Manager Business Strategy, Australian Energy Market Operator
Panel discussion
17:20 How to create a more liquid and transparent market for domestic gas
- Factors inhibiting development of liquid financial markets (for gas) and how these may be addressed
- Strategies and suggestions to improve Australia’s wholesale and retail gas markets
- How do traditional long-term contracting arrangements for wholesale gas have to evolve to meet coming pricing shocks and a highly uncertain future price outlook?
- Can domestic gas markets be forced to take on a spot price ‘overnight’?
Moderator:
Keith Orchison, Director, Coolibah Consulting
Panellists:
Dr. Olumide Adisa, Gas Systems Modeller, Energy Exemplar
Simon Camroux, Manager Regulation and Market Development, AGL Energy
Allan Dawson, Chief Executive Officer, Independent Market Operator WA
Peter Geers, General Manager Business Strategy, Australian Energy Market Operator
Rob Wheals, Group Executive – Transmission, APA Group
18:00 Closing remarks form the Chair
18:10 Networking drinks
19:00 Official event dinner