Overview:

This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Australia. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the natural gas assets (gas fields, LNG terminals, pipelines and underground gas storage terminals) in Australia. The report also analyses the fiscal regime relevant to the natural gas assets in Australia and compares the investment environment in Australia with other countries in the region. The profiles of the major companies operating in the natural gas sector in Australia together with the latest news and deals are also included in the report.

Scope

- Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1996-2020.
- Historical and forecast data and information for all the major gas fields, LNG Terminals, pipelines and underground gas storage terminals in Australia for the period 2000-2013.
- Operator and equity details for major natural gas assets in Australia.
- Key information relating to market regulations, key energy assets and the key companies operating in the Australia’s energy industry.
- Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
- Information on the top companies in the Australia including business description, strategic analysis, and financial information.
- Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
- Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

- Gain a strong understanding of the country’s energy market.
- Facilitate market analysis and forecasting of future industry trends.
- Evaluate the attractiveness of the geography for gas investment in the light of government policies and the fiscal environment.
- Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
- Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream gas assets.
- Assess your competitor’s major natural gas assets and their performance.
- Analyze the latest news and financial deals in the gas sector of each country.
- Develop strategies based on the latest operational, financial, and regulatory events.
- Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
- Identify and analyze the strengths and weaknesses of the leading companies in the country.

Companies Mentioned
 

Woodside Petroleum Limited
BHP Billiton
Santos Ltd

1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 9
2 Australia Energy Sector 10
2.1 Market Overview 10
2.2 Natural Gas 11
3 Australia, Fiscal Regime 19
3.1 Australia Petroleum Fiscal Environment - South Australia 19
3.2 License Terms - South Australia 19
3.3 Key Fiscal Terms - South Australia 20
3.4 Australia Petroleum Fiscal Environment - Western Australia 23
3.5 License Terms - Western Australia 23
3.6 Key Fiscal Terms - Western Australia 24
3.7 Australia Petroleum Fiscal Environment - New South Wales 27
3.8 License Terms - New South Wales 27
3.9 Key Fiscal Terms - New South Wales 29
3.10 Australia Petroleum Fiscal Environment - Queensland 31
3.11 License Terms - Queensland 31
3.12 Key Fiscal Terms - Queensland 32
3.13 Australia Petroleum Fiscal Environment - Victoria 35
3.14 License Terms - Victoria 35
3.15 Key Fiscal Terms - Victoria 37
3.16 Australia Petroleum Fiscal Environment - Tasmania 39
3.17 License Terms - Tasmania 39
3.18 Key Fiscal Terms - Tasmania 41
3.19 Australia Petroleum Fiscal Environment - Northern Territory 43
3.20 License Terms - Northern Territory 43
3.21 Key Fiscal Terms - Northern Territory 44
3.22 Australia-Timor Leste (JPDA) Petroleum Fiscal Environment -Timor Leste (JPDA) 47
3.23 License Terms -Timor Leste (JPDA) 47
3.24 Key Fiscal Terms -Timor Leste (JPDA) 48
3.25 Australia Petroleum Fiscal Environment - Offshore 49
3.26 License Terms - Offshore 49
3.27 Key Fiscal Terms - Offshore 50
4 Australia Gas Upstream Investment Environment Benchmarking 53
4.1 Introduction 53
4.2 The Overall Ranking 53
4.3 Upstream Fiscal Attractiveness 53
4.4 Gas Sector Performance 55
4.5 Economic Performance 59
4.6 Socio-Political Performance 61
5 Australia Exploration and Production Sector 63
5.1 Australia Exploration and Production Sector, Country Snapshot 63
5.2 Australia Exploration and Production Sector, Marketed Natural Gas Production 64
5.3 Australia Exploration and Production Sector, Marketed Natural Gas Forecasts 70
5.4 Australia Exploration And Production Sector, Natural Gas Asset Details 81
5.5 Australia Exploration And Production Sector, Major Gas Discoveries 87
5.6 Australia Exploration And Production Sector, Recent Discoveries 91
5.7 Australia Exploration And Production Sector, Drilling and Production Updates 92
6 Australia FPSO Industry 96
6.1 Australia FPSO Industry, FPSO Capacity Details by Vessel 96
6.2 Australia FPSO Industry, FPSO Vessel Specifications 96
7 Australia Pipeline Sector 97
7.1 Australia Pipeline Sector, Key Data 97
7.2 Australia Pipeline Sector, An Overview 97
7.3 Australia Pipeline Sector, Comparison of Key Natural Gas Pipeline Companies 97
7.4 AustraliaPipeline Sector, Natural Gas Pipelines 99
8 Australia LNG Sector 104
8.1 Australia LNG Sector, Key Data 104
8.2 Australia LNG Sector, Liquefaction 104
9 Australia Under Ground Storage Gas Sector 108
9.1 Australia Under Ground Storage Sector, Key Data 108
9.2 Australia Underground Gas Storage Sector, An Overview 108
9.3 Australia Underground Gas Storage Sector, Storage Capacity by Company 109
9.4 Australia Underground Gas Storage Sector, Storage Capacity 110
10 Profile of Woodside Petroleum Limited 111
10.1 Woodside Petroleum Limited, Key Information 111
10.2 Woodside Petroleum Limited, Company Overview 111
10.3 Woodside Petroleum Limited, Business Description 111
10.4 Woodside Petroleum Limited, SWOT Analysis 116
11 Profile of BHP Billiton 121
11.1 BHP Billiton, Key Information 121
11.2 BHP Billiton, Company Overview 121
11.3 BHP Billiton, Business Description 121
11.4 BHP Billiton, SWOT Analysis 132
12 Profile of Santos Ltd. 137
12.1 Santos Ltd., Key Information 137
12.2 Santos Ltd., Company Overview 137
12.3 Santos Ltd., Business Description 137
12.4 Santos Ltd., SWOT Analysis 139
13 Financial Deals Landscape 145
13.1 Detailed Deal Summary 145
14 Recent Developments 162
14.1 License Rounds 162
14.2 License Awards 162
14.3 Strategy and Business Expansion 163
14.4 Other Significant Developments 165
14.5 New Contracts Announcements 170
15 Appendix 171
15.1 Methodology 171
15.2 Contact Us 175
15.3 About GlobalData 175
15.4 Disclaimer 176

"1.1 List of Tables
Table 1: Australia, Historic and Forecast Production and Consumption of Natural Gas, 1996-2020 17
Table 2: Australia, Historic and Forecast Export of Natural Gas, 1996-2020 19
Table 3: Australia, Historic Reserves of Natural Gas, 1996-2009 21
Table 4: Australia – South Australia, Area Offered For Onshore Projects, 2009 25
Table 5: Australia – South Australia, Onshore Applicable Fees, 2009 26
Table 6: Australia – South Australia, Crude Oil Excise Rates 27
Table 7: Australia – Western Australia, Area Offered For Onshore Projects, 2009 29
Table 8: Australia – Western Australia, Onshore Applicable Fees, 2009 30
Table 9: Australia – Western Australia, Crude Oil Excise Rates 31
Table 10: Australia – New South Wales, Area Offered For Projects, 2009 33
Table 11: Australia – New South Wales, Applicable Fees, 2009 34
Table 12: Australia – New South Wales, Crude Oil Excise Rates 35
Table 13: Australia - Queensland, Area Offered For Projects, 2009 37
Table 14: Australia - Queensland, Onshore Applicable Fees, 2009 38
Table 15: Australia - Queensland, Crude Oil Excise Rates 39
Table 16: Australia - Victoria, Area Offered For Projects, 2009 41
Table 17: Australia - Victoria, Applicable Fees, 2009 42
Table 18: Australia - Victoria, Crude Oil Excise Rates 43
Table 19: Australia - Tasmania, Area Offered For Onshore Projects, 2009 45
Table 20: Australia - Tasmania, Onshore Applicable Fees, 2009 46
Table 21: Australia - Tasmania, Crude Oil Excise Rates 47
Table 22: Australia – Northern Territory, Area Offered For Projects, 2009 49
Table 23: Australia – Northern Territory, Applicable Fees, 2009 50
Table 24: Australia – Northern Territory, Crude Oil Excise Rates 51
Table 25: Australia – Offshore, Applicable Fees, 2009 56
Table 26: Asia Pacific, Investment Benchmarking, Overall Country Rankings, March 2010 58
Table 27: Asia Pacific, Investment Benchmarking, Upstream Fiscal Attractiveness, March 2010 59
Table 28: Asia Pacific, Investment Benchmarking, Gas Sector Performance, March 2010 60
Table 29: Asia Pacific, Investment Benchmarking, Economic Performance, March 2010 64
Table 30: Asia Pacific, Country Standings, Economic Performance, March 2010 64
Table 31: Asia Pacific, Investment Benchmarking, Socio-Political Performance, March 2010 66
Table 32: Asia Pacific, Country Standings, Socio-Political Performance, March 2010 66
Table 33: Australia, Natural Gas Key Statistics, 2009 68
Table 34: Australia, Total Marketed Natural Gas Production (MMcf), 2002- 2009 69
Table 35: Australia, Marketed Natural Gas Production by Type (MMcf), 2002- 2009 70
Table 36: Australia, Marketed Natural Gas Production (MMcf), by Major Assets, 2002- 2009 71
Table 37: Australia, Marketed Equity Weighted Natural Gas Production by Company (MMcf), 2002- 2009 73
Table 38: Australia, Market Share (%) based on Marketed Equity Weighted Natural Gas Production, 2002-2009 74
Table 39: Australia, Marketed Natural Gas Production (MMcf), Forecast by Major Assets, 2010-2015 76
Table 40: Australia, Forecasted Major Assets-wise Gross Revenue (000'$), 2010-2015 78
Table 41: Australia, Projected Major Assets-wise Total Government Take (000'$), 2010-2015 (Part-1) 80
Table 42: Australia, Projected Major Assets-wise Total Government Take (000'$), 2010-2015 (Part-2) 81
Table 43: Australia, Projected Major Assets-wise Total Government Take (000'$), 2010-2015 (Part-3) 82
Table 44: Australia, Projected Major Assets-wise Total Contractor Take (000’$), 2010-2015 (Part – 1) 83
Table 45: Australia, Projected Major Assets-wise Total Contractor Take (000’$), 2010-2015(Part – 2) 84
Table 46: Australia, Projected Major Assets-wise Total Contractor Take (000’$), 2010-2015(Part – 3) 85
Table 47: Australia, Active Major Gas Field Asset Details 86
Table 48: Australia, Planned Gas Field Asset Details 90
Table 49: Australia, Number of Gas Discoveries, 2004- 2009 92
Table 50: Australia, Gas Discovery Details, 2004-2009 (Part-1) 93
Table 51: Australia, Gas Discovery Details, 2004-2009 (Part-2) 94
Table 52: Australia, Gas Discovery Details, 2004-2009 (Part-3) 95
Table 53: Australia FPSO Industry, FPSO Gas Production Capacities, 2009 101
Table 54: Australia FPSO Industry, FPSO Vessel Specifications, 2009 101
Table 55: Australia, Pipeline Key Statistics, 2009 102
Table 56: Australia, Natural Gas Pipeline Length By Company (Km), 2009 102
Table 57: Australia, Natural Gas Pipelines, 2009 (Part -1) 104
Table 58: Australia, Natural Gas Pipelines, 2009 (Part -2) 105
Table 59: Australia, Natural Gas Pipelines, 2009 (Part -3) 106
Table 60: Australia, Natural Gas Pipelines, 2009 (Part -4) 107
Table 61: Australia, Natural Gas Pipelines, 2009 (Part -5) 108
Table 62: Australia, LNG Key Statistics, 2009 109
Table 63: Australia, Total Liquefaction Capacity (Million Tonnes), 2000-2015 109
Table 64: Australia, Liquefaction Capacity by Company (Million Tonnes), 2000-2015 110
Table 65: Australia, Liquefaction Capacity (Million Tonnes), 2000-2015 112
Table 66: Australia Underground Gas Storage Key Statistics, 2009 113
Table 67: Australia, Underground Gas Storage Capacity by Company (MMcf), 2009 114
Table 68: Australia, Underground Gas Storage Capacity (MMcf), 2009 115
Table 69: Woodside Petroleum Limited, Key Facts 116
Table 70: Woodside Petroleum Limited, SWOT Analysis 121
Table 71: BHP Billiton, Key Facts 126
Table 72: BHP Billiton, SWOT Analysis 137
Table 73: Santos Ltd., Key Facts 142
Table 74: Santos Ltd., SWOT Analysis 145
Table 75: Santos To Sell Its Equity Interest In Gladstone Liquefied Natural Gas Export Project 150
Table 76: Royal Dutch Shell Plans To Acquire Arrow Energy 151
Table 77: Tokyo Electric Power Plans To Acquire 1% Interest In Ichthys Project From INPEX 152
Table 78: Orion Petroleum Terminates Merge Agreement With Gas2Grid 153
Table 79: Royal Dutch Shell And Petrochina Company To Acquire Arrow Energy 154
Table 80: Eastern Corporation To Acquire Minority Interest In The Galilee Energy 156
Table 81: Niko Resources Acquires Voyager Energy 157
Table 82: Adelaide Energy Acquires Deka Resources And Well Traced 158
Table 83: Strike Energy To Acquire Blade Petroleum 159
Table 84: Salinas Energy Acquires Neon Energy 160
Table 85: Exoma Acquires 100% Interest In Longreach 161
Table 86: Red Sky Energy Acquires Surat Resources 162
Table 87: Red Sky Energy Acquires 100% Interest In Norwest Hydrocarbons 163
Table 88: Beach Petroleum Plans To Acquire Majority Stake In Essential Petroleum Resources 164
Table 89: Moby Oil To Acquire Rankin Trend From Gascorp Australia 165
Table 90: PTT Exploration and Production Public Company To Acquire OMV Timor Sea 166

1.2 List of Figures
Figure 1: Australia, Energy Sector Break-Up, 2009 16
Figure 2: Australia, Natural Gas Production And Consumption, Billion Cubic Feet, 1996-2020 18
Figure 3: Australia, Natural Gas Exports, Billion Cubic Feet, 1996-2020 20
Figure 4: Australia, Natural Gas Reserves, Billion Cubic Feet, 1996-2009 22
Figure 5: Asia Pacific, Country Standings, Upstream Fiscal Attractiveness, March 2010 59
Figure 6: Asia Pacific, Country Standings, Gas Sector Performance, by Reserves-Exploration & Production, March 2010 61
Figure 7: Asia Pacific, Country Standings, Gas Sector Performance, by Production & Consumption, March 2010 62
Figure 8: Asia Pacific, Country Standings, Exploration Blocks Awarded, March 2010 63
Figure 9: Asia Pacific, Country Standings, Economic Performance, March 2010 65
Figure 10: Asia Pacific, Country Standings, Socio-Political Performance, March 2010 67
Figure 11: Australia, Natural Gas Assets Map, 2009 68
Figure 12: Australia, Total Marketed Natural Gas Production (MMcf), 2002- 2009 69
Figure 13: Australia, Marketed Natural Gas Production by Type (MMcf), 2002- 2009 70
Figure 14: Australia, Marketed Equity Weighted Natural Gas Production, by Company (MMcf), 2002-2009 74
Figure 15: Australia, Market Share (%) based on Marketed Equity Weighted Natural Gas Production, 2009 75
Figure 16: Australia, Number of Gas Discoveries, 2004- 2009 92
Figure 17: Australia, Natural Gas Pipeline Length By Company (Km), 2009 103
Figure 18: Australia, Total Liquefaction Capacity (Million Tonnes), 2000-2015 110
Figure 19: Australia, Liquefaction Capacity by Company (Million Tonnes), 2000-2015 111
Figure 20: Australia, Underground Working Gas Capacity by Area (%), 2009 113
Figure 21: Australia, Underground Gas Storage Market Share (%) by Company, 2009 114
Figure 22: GlobalData Methodology 177