GAS MARKET ADVICE

RISC has been providing comprehensive Gas Market Studies and Advice to clients with the following examples of assignments undertaken:

• Review of gas supply pricing and contracting advice to a potential supplier to the Northern Territory gas market.

• Economic evaluation and commercial advice to support the negotiations of the terms and conditions of gas sales and transmission agreements from a Malaysian offshore development with Petronas.

• Evaluation of the Eastern Australian gas supply-demand balance and the predicted impact on prices of the PNG-Queensland pipeline.

• Evaluation of the relative technical and commercial risks and economics of supply of LNG from the offshore Western Australian proposed LNG projects.

• Advice to proponents of a major petrochemical project on gas contracting strategy including the sharing and management of risks through structure of key terms and conditions.

• Market evaluation of the supply demand balance and forecast gas price trends in Thailand.

• Assessment of gas contracting strategies designed to achieve target wellhead and transmission prices to a significant West Australian industrial plant.

• Analysis of cost of supply of gas in Western Australia to a number of potential gas consumers.

• Review of the development options and economics of the development of Browse Basin gas for the Asian LNG market.

• Screening evaluation of the potential of Australian offshore petroleum basins for LNG supply.

• Review of gas market contracting strategies to deliver minimum life cycle costs to a major consumer.

• Advice to governments on security of supply.

• Multi-client and privately commissioned gas supply and demand studies of domestic markets in the Eastern States and Western Australia.

• Independent Technical Specialist assessment of gas reserves and project development plans for fields and downstream gas infrastructure for IPO’s or for certification purposes.

• Independent valuation, including technical and commercial due diligence assessment of projects supplying domestic and LNG markets for equity acquisition.

• Advice to government in relation to the fiscal impact on commercial terms and conditions proposed between common upstream and downstream parties of a greenfields offshore gas project and onshore LNG plant.

• Development of gas sales contracting/marketing strategies for both buyers and sellers.