Liam tobin sustainable development in resource intensive regions

Embed Size (px)

Citation preview

  • 1. Social Licence andSustainable Development:QERs Perspective 28 June 2011

2. QERs vision:Help secure Australias energy futureOur mission is to build and operate a safe,economically viable and sustainableshale to liquid fuels industry in Queensland. 3. July 2009 4. Sustainable Development Reduce Restore Remove processes Rehabilitation Reliable plant Plantations Renewables & energy reduction Recycle Fuel gas Reuse Cogeneration Waste streams Byproducts 5. Australias growing oil demand-supply gap Business as Usual Assumed 23% Efficiency GainsImports in 2030 = 335 MMbbls Unconventional fuelsConventional oil supplyMMbblSource: EnergyQuest 2009 6. Australias fuel trade deficitA$Bn140$128b*120High Price Scenario100 $92b*Low Price Scenario 80 60 40$30b* 20$12.6b* Federal Government Projection02007 201520302030 * Excludes LNG exportsSource: ACIL Tasman 2009 7. Sustainable DevelopmentPositioning STL 8. Economic benefits to QLD of a STL industry4000 jobs regional Qld2000 long term construction jobs$800mpa taxes & royalties$12.4B pa trade deficit reduction 9. Economic case for an Australian STL fuels industry73 million barrels of oil annuallyAustralian refinery feedstock$33bn to Australias GNP (2030)Technology for 3T bbls of oil Source: ACIL Tasman 2009 10. Supporting the community 11. Social licence: engaging our communities 12. Social licence - understanding our communitysrequirements 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? 13. Existing Plantation Gibbs Property, FutureCalliope OptimisationNSFTrial TrialFuture ERERecreationAreaANorthTrial Future Strip NSF/GATrial Grazing AreaASouth Trial 14. Environment: Technology to reduce emissionsThermal oxidizersLower temperaturesLump processingLower gas and liquid volumesSealed processes and tanksIso-kinetic samplingProcess and emissions measurement 15. QERs planned project development stages~ 2017 - 2019Commercial2014-15 Stage II atCommercial20,000 bbls perdayStage I plant 2011 Technology demonstration plant - QLD 2007 Colorado pilot plant trials 16. Demonstration plant objectives..... Demonstrate safe and environmentally sound performance to community and government $100m capital (70% regional QLD) 150 construction/50 permanent Develop product market acceptability Maximize technical and process development Build operational expertise 17. The fuels QER will produce in Queensland Synthetic crude oil for Australias refineries High cetane High energy density Wide Cut QER Ultra-low sulphur dieselNaphthaLowUSASulphur No. 2DieselDiesel High quality jet fuel 18. Shale to liquids can be part of a positive future 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,Hon Peter Beattie biofuels, solar and wind in a realisticFormer Queensland Trade CommissionerThe Australian newspaper future global energy mix.14 August 2010 19. Questions and Points ofView?Social Licence and Sustainable Development: QERs Perspective