APPEA 2019 – Day 1 Wrap up

11 June 2019

Tuesday, 28 May 2019

Navigating the Future at APPEA 2019

The new APPEA Chief Executive Andrew McConville was delighted to open the APPEA Conference and Exhibition 2019 this morning, welcoming over 2,100 energy professionals, dignitaries, sponsors, exhibitors and students to Brisbane. In his welcome address McConville announced this year’s charity partner, Blaze Aid, which supports rural Australian communities affected by bush fires and floods.


With the largest technical and business program ever offered in the history of APPEA, the first plenary session taking on the conference theme, ‘Navigating the Future’ did not disappoint. Representing the Queensland State Government, the Hon Dr Anthony Lynham MP, Minister for Natural Resources, Mines and Energy shared in the excitement of hosting this year’s conference in the Sunshine State as Queensland continues to seek more domestic gas to avoid onshore shortages.

As well as sharing the news of a number of recent project tender wins awarded by the Queensland Government, Minister Lynham also announced that a new round of bids had been called to explore a further 3,700 square kilometres of land near Springsure in central Queensland. Minister Lynham highlighted that more than a quarter of this land is earmarked for domestic gas supply only and encouraged executives attending APPEA 2019 to get their bids in for this latest round.

In the Lead Industry Address, Mr Ryan Lance, Chairman and CEO of ConocoPhillips called for the industry to be more responsive to community needs while also being proud of its ongoing contribution to wider society. Mr Lance said ConocoPhillips alone had contributed $20B net and 4,000 jobs to the Australian economy as well as about half of Australia’s LNG supply.

Mr Lance shared that demand for LNG and natural gas was expected to grow 20% in the coming years due predominantly to population growth. He said that while there is a strong supply at the moment, government and industry need to work together to ensure a long-term sustainable solution.
Admiring Australia’s awareness of climate change, Mr Lance agreed that climate change is a global issue requiring both national and global solutions. He said there was however also a need for greater awareness of the beneficial role of Australia’s natural gas and LNG industry as it will be key in reducing climate impact. Backing up his claims, Mr Lance said the 2014 report from the Department of Energy, which studied the lifecycle emissions impact of producing electricity from natural gas and LNG, reported up to 57% less emissions from an equivalent coal-fire power generation
Wrapping up the first session of the day, APPEA Chair and Country Chair and Executive Vice President, Shell Australia Zoe Yujnovich commenced her address by urging people to get involved in National Reconciliation Week and spoke about the need for the industry to take a leadership role in healing past wounds.

While acknowledging that the Australian federal election was now in the rear-vision mirror, Yujnovich felt APPEA’s campaigning had just begun  
She said that like the government our industry was working for Australia’s long-term prosperity and were involved in matters such as investment, employment, environment and wages that impact society’s standard of living. Yujnovich emphasised that we need to keep advocating for the role of gas. “We know we are operating in a responsible way for regional Australia: we just need to tell our story with more relevance and more vigour in the cities,” she said.  
In line with this message, Yujnovich discussed the recent launch of Brighter, an APPEA initiative that highlights the industry’s contribution to contemporary lifestyles, small businesses and the transition to a clearer energy future.

In line with this message, Yujnovich discussed the recent launch of Brighter, an APPEA initiative that highlights the industry’s contribution to contemporary lifestyles, small businesses and the transition to a clearer energy future.

APPEA EXHIBITION

With more than 150 Exhibitors representing the spectrum of the oil and gas industry, the APPEA Exhibition is the place to connect with other businesses, potential clients and suppliers in an environment conducive to business discussion.

APPEA Daily Digest by Deloitte

From resilience to transformation, navigating the future to harnessing opportunities, the Daily Digest brings to life a short, sharp and succinct overview of the headline themes.
Read today’s Daily Digest.

Read a snapshot of the latest themes and insights from APPEA2019 as seen from Deloitte.

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