Ferme d’éducation et de recherche du campus d’Alfred (FERCA) will benefit from an investment announced today in Alfred, Ontario, by the Northumberland Community Futures Development Corporation (CFDC) and Francis Drouin, Member of Parliament for Glengarry–Prescott–Russell.
Ferme d’éducation et de recherche du campus d’Alfred (FERCA) will benefit from an investment announced today in Alfred, Ontario, by the Northumberland Community Futures Development Corporation (CFDC) and Francis Drouin, Member of Parliament for Glengarry–Prescott–Russell.
The Australian upstream oil and gas industry is expected to grow at two to three times the rate of the economy for at least the next 15 years, Australia is currently the world’s fourth largest LNG exporter. The sector has a skilled work force, relatively low business costs, the taxation and royalty arrangements are internationally competitive and sovereign risk is low.
Contact Richard.Goldsmith@fco.gov.uk for more information.
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1. 22 May 2013
Australia’s LNG Industry
Richard Goldsmith
Lead Manager for Energy, Mining and Resources for Australia
Head of Trade for Western Australia and Northern Territory
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 this
information and no warranty is given or responsibility is accepted as to the standing of any firm, company or individual mentioned.
2. 2
Australia – geographical overview
Presented by
Name Surname
Job title
Organisation
Name Surname
Job title
Organisation
4. 4
Why do business in Australia ?
Strong economy
AAA Credit Rating. Stable economy 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 –Low Cost”
Strong Australian Dollar making UK goods and services more affordable
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*
12. Arrow Energy CSG to LNG Curtis Island Qld.
“We are talking with all of the three current
companies about the potential to cooperate,”
Shell CFO Simon Henry 2 May 2013 Bloomberg
12
18. 18
How do you do it?
• Referrals from your existing clients in other Markets to their Aust. office
• Why?
• Existing relationship, speeds up Approved Supplier Status
• Blend's you into Oz Operators or EPC as quickly as possible
• Use UKTI to assist with connecting to companies you don’t know
• This is the most efficient cost effective way of getting started in Oz
• Without the contacts and Approved Supplier Status you won’t get the tender
packages!
• Join Industry Associations – APPEA, Petroleum Club, Society of Engineers
etc.
21. 21
Your Knowledge Gap? UKTI Oil and Gas Programmes
UKTI Information Programmes for Australia:
Setting up in Australia £ 1,224.00
NAG – Northern Australia Gas £ 2,448.00
Specialised LNG Market Reports from £ 1,020.00
22. 22
Setting up in Australia £ 1,224.00
• Advice on what Company structure suits your business model
• Agency, Oz Co., continue to sell from UK
• Help with legal issues: licences, domain name, register co. name.
• And accounting issues: Equity, reporting requirements, tax, repatriation of
profits, auditing
• Banking: Does your UK bank have offices or agents in Oz?
• Office: Office with storage, hardstand. What location? Clients located?
• Visas: What visa suits your needs, fulltime?, occasional visits?
• Finding Staff –what are the costs?
• Normally we are asked to provide a detailed visit programme at extra cost.
23. 23
Northern Australia Gas Programme: £2,448.00
Setting up in Australia package PLUS:
•Detailed background information on 12 major LNG projects in Australia
• Which UKTI recommends UK companies should generally focus on
•Invite to Offshore Europe Australia presentations afternoon
•Invite to AOG 2014 Day in Perth Feb. 2014
•Major news updates on the 12 LNG projects or issues that affect business in
Australia
•The current NAG Package runs until 1 March 2014
24. 24
What can UKTI Australia 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 – Close the your Knowledge Gap, provide time relevant info. For your
Business case.
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
25
26. Contact details:
Richard Goldsmith
Lead Mgr. Energy, Mining and Resources for Australia
Head of Trade Western Australia and Northern Territory
Email – richard.goldsmith@fco.gov.uk
Website: www.ukti.gov.uk/australia