2. UKTI AOG Day Outline for the day
Richard Goldsmith
Lead for Energy, Mining and Resources for Australia and
Head of Trade for Western Australia and Northern Territory
UKTI AOG Day 18/02/2013 2
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3. Disclaimer
? Whereas every effort has been made to ensure that the
information given herein is accurate, UK Trade & Investment
or its sponsoring Departments, the Departments of Business
Innovation & Skills and Foreign & Commonwealth Office,
accept no responsibility for any errors, omissions or
misleading statements in that information and no warranty is
given or responsibility is accepted as to the standing of any
firm, company or individual mentioned.
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4. Australia ¨C A brief geographical overview
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6. Why Australia?
? You¡¯ll feel at home immediately:
¨C Over 1,000 UK companies and more Brits than in any other country
¨C Very similar business, legal and regulatory culture -evolved from UK
? Best performing OECD country economically, with good growth prospects
? Strong Australian dollar making UK goods and services more affordable
? Closely linked to fast growing Asia-Pacific nations
? Massive opportunities for UK companies in oil and gas, health, ports,
infrastructure, ICT, education, low carbon, financial and business service.
* ONS Pink Book 2012
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7. Why do business in Australia ?
Strong economy
? Stable economies with good current and future growth prospects
Business, legal & cultural similarities
? Familiar business, legal & regulatory framework
? Common language & customs
? Strong IP protection
? Many British businesses already there
? High regard for UK products ¡°High Quality ¨CLow Cost¡±
Gateway to Asia
? Skilled, educated, multi-lingual workforce
? Asia still the region of the world with the highest potential growth
Quality of Life
? 5 Australasian cities in world¡¯s top ten most liveable cities*
* The Economist, Liveability Ranking, 2010 7 7
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14. Northern Territory cont.
?Ichthy¡¯s -Inpex, Total
? 12.8 tri cubic ft of gas reserves
? 527 m barrels of condensate
? 2 Trains 4.2 mtpa of LNG
? 10% of Japanese LNG needs as at 2012 (pre nuclear shutdown)
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16. SHELL FLNG: INTEGRATING PROVEN
TECHNOLOGIES
SUBSEA QUARTERS
INFRASTRUCTURE
PRODUCTION POWER GENERATION/
FACILITIES WATER INTAKE
MOORING/
GAS TREATMENT OFFLOADING
FRACTIONATION/ LIQUEFACTION STORAGE
COMPRESSION
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17. ? Prelude will be located 475 km north-
northeast of Broome, and over 200 km
from the nearest point on the coast.
? Located in 250m-deep water, it is in
the Indian Ocean in the eastern part of
the Browse Basin.
? It will be the first development to use
Shell¡¯s Floating LNG (FLNG)
Technology.
? The FLNG facility is being constructed
in Geoje, Korea and will be towed to the
location.
? Once operating, the Prelude Project is
expected to produce at least 3.6million
tonnes per annum of LNG, 1.3 mtpa of
Condensate and 0.4 of LPG for about
25 years.
? Final investment decision taken by
Shell Board in May 2011
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23. Knowledge Gap?
UKTI Oil and Gas Programmes
UKTI Programmes for Australia to reduce
the Knowledge gap
Setting up in Australia
NAG ¨C Northern Australia Gas
High Value Opportunity
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24. How can UKTI Australia help British companies?
? Find local contacts to help your
business grow
? Help you attend trade fairs and
missions
? Carry out in-depth research on the
market to your specifications
? Product launches and PR and
marketing support
? Whatever you need to succeed in FreeDigitalPhotos.net
the market!
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25. What next?
? Ask questions at the end of this or
follow the conversation on LinkedIn
? Keep in touch with the latest Australian
business opportunities
? Attend our industry specific webinars
? Follow us on twitter @uktiaustralia
? Get in touch with me
Richard.Goldsmith@fco.gov.uk
Linda.Miles@fco.gov.uk FreeDigitalPhotos.net
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26. What can UKTI Australia & NZ do for you?
? Local knowledge: Tailored, experienced, impartial advice to
maximise your chances of succeeding in Australia
? Product launch: In one of our boardrooms, available in most
capitals
? Introduction service: To prospective business partners,
distributors, suppliers and Australian Govt bodies
? Promotion: PR to local media, UKTI e-newsletters,
emarketing and social media campaigns
? Test the Market: Reduce the cost, risk and time of
establishing your business in Australia by working in one of
our business centres
? The Market reports ¨C Close the your Knowledge Gap,
provide time relevant info. For your Business case.
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27. Sources
WA Government
Qld. Government
NT. Government
Australian Federal Government Reports
Shell Developments Aust. Ltd.
Newspaper Articles
Co. Reports and Media announcements
UKTI Australia sourced and commissioned reports
Subscription services
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28. My contact details
Richard Goldsmith
Lead Mgr. Energy, Mining and Resources for Australia
Head of Trade W.A. , N.T.
Email ¨C richard.goldsmith@fco.gov.uk
Website
//ukinaustralia.fco.gov.uk/business
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Editor's Notes
#6: Like to thank the WA Agent generals office for some of these slide backgrounds and photo¡¯s