Tuesday 8 March 2016
>Gas Networks Future Forum (Conference Day Three)
>Pre-Conference In-depth Learning Sessions
08:15 | Registration and welcome coffee
08:50 | Opening remarks from the Chair
Keith Orchison, Director, Coolibah Pty Ltd
RESPONDING TO CHANGING GAS MARKET DYNAMICS
09:00 | Opening keynote: Australia's domestic gas outlook - key things industry needs to think about today in order to prepare for the future and in face of the current industry challenges
David Baldwin, Chief Executive Officer Integrated Gas, Origin Energy
09:30 | Strengthening the policy settings to stay ahead of the game in Australia’s changing gas landscape
- Investments required to bring supplies to fruition – what market conditions are affecting the decisions around project development the most?
- Key opportunities for 2016 to make existing operations profitable and new developments economically feasible
- Gas reservation, retention leases, field development and market transparency - what are the key requirements from policy to help supply come to market?
Martin Ferguson, Group Head of Natural Resources, Seven Group Holdings, Chairman, APPEA Advisory Board
10:00 | Identifying the forces that will influence Australian gas supply and demand over the years to come
- Global economic outlook and implications for energy demand
- How has the drop in oil prices impacted the Australian domestic gas market and what is the outlook for the next 5 years?
- Implications of LNG demand - what regional trends and issues are having major implications for the domestic market?
- Adequacy of supply in the domestic market and drivers for new investment
Mark Cully, Chief Economist, Department of Industry, Innovation and Science
10:30 | Morning tea
11:00 | Macroeconomics Outlook Panel Discussion: Responding to the “new normal” - how industry is recalibrating itself
- How are the new gas pricing patterns influencing investment decisions? - is the impact strong enough to call for higher governance and transparency standards?
- In the current environment, the value of the “option to wait” continues to be positive for many gas projects – is this the case for gas producers?
- With lower leverage, shorter maturity and higher costs can the gas industry still deliver on cost effectiveness?
Panel Moderator:
Keith Orchison, Director, Coolibah Pty Ltd
Panellists:
Rod Duke, Vice President Downstream, Santos
Tim Nelson, Head of Economics, Policy and Sustainability, AGL Energy
Martin Ferguson, Group Head of Natural Resources, Seven Group Holdings
Ian Davies, Chief Executive Officer, Senex Energy
11:40 | International Keynote: Global medium-term gas outlook and its impact on Australia’s gas market
- Market trends and projections to 2020
- Competing supplies - how are US exports and Henry Hub indexation impacting Australian projects?
- Overview of the regulatory issues at play in regional power markets that impact Australia’s gas market
- Gas market models in the US - are there lessons for Australia?
Jeff D. Makholm, Senior Vice President, NERA Consulting, USA
12:10 | Seizing the impact of global LNG prices in a domestic market
- Analysing global LNG price impact on domestic supply operations in the short to medium and long term.
- Optimising gas resources for domestic use in the light of increasing export volumes
- Examining how the market reacts to increasing or decreasing LNG export volumes
Olumide Adisa, Gas Market Modeller, Energy Exemplar
12:40 | Networking lunch
IMPLEMENTING THE NECESSARY INCENTIVES TO IMPROVE GAS‘S ROLE IN THE DOMESTIC ENERGY MIX
13:40 | Gas - still plenty of reasons to turn it on
- Examining the gas value proposition for Australian consumers, small business and industry
- Looking at the latest modelling on gas’ competiveness and how this is expected to change over the next decade
- How to secure changes to pipelines to meet changes in supply and demand for gas
Paul Adams, Managing Director, Jemena
14:10 | Panel Discussion: Examining gas’s domestic role “post Paris” - how can gas promote itself in a carbon constrained world?
- Identifying ways gas can encourage and support the development of renewable energy sources
- Do we need a national policy to manage the transition to a low-carbon economy?
- Best practices on how individual companies, industries and countries have promoted alternative uses of gas successfully – can we find ways to replicate them in Australia?
Panel Moderator:
Keith Orchison, Director, Coolibah Pty Ltd
Panellists:
Stuart Jeffries, Director Gas Marketing, ExxonMobil
Peter Dobney, General Manager Resources and Energy, Orora Group
Cheryl Cartwright, Chief Executive Officer, Australian Pipelines and Gas Association
Tennant Reed, Principal National Advisor - Public Policy, Australian Industry Group
Peter Bury, Director Strategy and Innovation, Plastics and Chemicals Industries Association
CREATING A MORE TRANSPARENT AND LIQUID DOMESTIC GAS MARKET TO ENSURE A BALANCE OF POWER BETWEEN PRODUCERS AND USERS
14:50 | Building liquidity and price transparency in Australia’s domestic gas market
- Setting out the roadmap for wholesale gas markets and transmission pipeline arrangements which deliver greater flexibility and more options for market participants
- Review of reforms in Short Term Trading Markets and the Victorian Declared Wholesale Gas Market to optimise bilateral contracts
- What type of gas market structure would best support Australia? Comparing physical and virtual supply hubs and trading zones
John Pierce, Chair, Australian Energy Market Commission
15:20 | Afternoon tea
15:50 | Creating the necessary incentives for gas to move where it is needed most
- How are pipeline operators supporting liquidity in the east coast spot market?
- Current and future developments in regard to capacity trading in Australia
- The pipeline operator’s role in gas supply hubs
Mick McCormack, Chief Executive Officer, APA Group
16:20 | How are major gas users responding and adapting to the transformation of the Australian gas market?
- Securing the volumes of gas and length of contracts needed to sustain operations
- Looking at other energy sources such as coal to substitute gas contract roll offs for existing operations
- Addressing the need for a national energy strategy to guarantee the country’s gas requirements
Peter Dobney, General Manager Resources and Energy, Orora Group
16:50 | Panel Discussion: What are the key pain points for gas producers and large users in today’s environment and how are they responding?
- How structural changes in the wholesale gas are driving major gas users to reduce energy costs and carbon emissions
- Assessing a comprehensive Transport Energy Plan for Australia to improve Australia’s gas security
- Looking to the future of downstream gas markets and gas production from non-traditional sources to transform the domestic gas landscape
Panel Moderator:
Keith Orchison, Director, Coolibah Pty Ltd
Panellists:
Ben Eade, Executive Director, Manufacturing Australia
Simon Camroux, Manager Wholesale Markets Regulation, AGL Energy
Mark Loquan, Chief Executive Officer Upstream Production, Yara Pilbara Fertilisers
John Griffiths, Chief Executive Officer, Gas Energy Australia
17:30 | Closing remarks from the Chair
17:40 | Close of Day One and networking drinks
19:00 | Official event dinner