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28 June 2011
Social Licence and Sustainable Development:
QER’s Perspective
QER’s vision: Help secure Australia’s energy future
Our mission is to build and operate a safe, economically viable and sustainable
shale to liquid fuels industry in Queensland.
July 2009
Sustainable Development
• Reduce • Remove processes
• Reliable plant
• Renewables & energy reduction
• Recycle • Fuel gas
• Reuse • Cogeneration
• Waste streams
• Byproducts
• Restore • Rehabilitation
• Plantations
Australia’s growing oil demand-supply gap
Conventional oil supply
MM
bbl
Imports in 2030 = 335 MMbbls
Business as Usual
Assumed 23% Efficiency Gains
Source: EnergyQuest 2009
Unconventional fuels
$12.6b* $30b*
$92b*
$128b*
0
20
40
60
80
100
120
140
2007 2015 2030 2030
A$Bn
Federal Government Projection
Australia’s fuel trade deficit
Low Price Scenario
Source: ACIL Tasman 2009 * Excludes LNG exports
High Price Scenario
Sustainable Development
Positioning STL
Economic benefits to QLD of a STL industry
4000 jobs regional Qld
2000 long term construction jobs
$800mpa taxes & royalties
$12.4B pa trade deficit reduction
Economic case for an Australian STL fuels industry
73 million barrels of oil annually
Australian refinery feedstock
$33bn to Australia’s GNP (2030)
Technology for 3T bbls of oil
Source: ACIL Tasman 2009
Supporting the community
Social licence: engaging our communities
Social licence - understanding our community’s requirements and valuation
• What is the maximum value we can add?
• What opportunities and prospects are our communities looking for?
• Are there basic requirements missing now?
• What capability could the community fulfill in the future?
• Where should the work be done?
• What other linkages can we introduce?
NSFTrialAreaANorth
NSF/GATrialAreaASouth
Future Strip Grazing Trial
Future ERE Recreation Trial
Existing Plantation – Future Optimisation Trial
Gibbs Property, Calliope
Environment: Technology to reduce emissions
• Thermal oxidizers • Lower temperatures • Lump processing • Lower gas and liquid volumes • Sealed processes and tanks • Iso-kinetic sampling • Process and emissions measurement
QER’s planned project development stages
2011 Technology demonstration plant - QLD
2014-15 Commercial Stage I plant
~ 2017 - 2019 Commercial Stage II at 20,000 bbls per day
2007 Colorado pilot plant trials
• Develop product market acceptability
• Maximize technical and process
development
• Build operational expertise
Demonstration plant objectives.....
• Demonstrate safe and environmentally sound performance
to community and government
$100m capital (70% regional QLD)
150 construction/50 permanent
The fuels QER will produce in Queensland
• Synthetic crude oil for Australia’s refineries • High cetane • High energy density
• Ultra-low sulphur diesel
• High quality jet fuel
Wide Cut
Naphtha
QER
Low Sulphur
Diesel
USA
No. 2
Diesel
“Australia could find itself with a clean shale-oil industry employing 6000 people and adding $30 billion to the economy over the next 20 years.
It has the potential to sit alongside clean coal, geothermal, coal seam gas, biofuels, solar and wind in a realistic future global energy mix.”
Shale to liquids can be part of a positive future
Hon Peter Beattie Former Queensland Trade Commissioner The Australian newspaper 14 August 2010
Social Licence and Sustainable Development:
QER’s Perspective
Questions and Points of View?