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<DIV><FONT size=2 face=Arial>FYI...Jenny</FONT></DIV>
<DIV><FONT size=2 face=Arial></FONT> </DIV>
<DIV><FONT size=2 face=Arial>PS: Pity we're busily exporting our
gas.</FONT></DIV>
<DIV><FONT size=2 face=Arial></FONT> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
title=ddwyer@appea.com.au href="mailto:ddwyer@appea.com.au">Damian Dwyer</A>
</DIV>
<DIV><B>To:</B> <A title=climate-l@lists.iisd.ca
href="mailto:climate-l@lists.iisd.ca">Climate Change Info Mailing List</A>
</DIV>
<DIV><B>Sent:</B> Tuesday, September 22, 2009 9:18 AM</DIV>
<DIV><B>Subject:</B> APPEA launches major international report on Asia-Pacific
Gas Market Growth</DIV></DIV>
<DIV><BR></DIV>
<P><FONT size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; FONT-SIZE: 10pt">D<FONT color=black><SPAN
style="COLOR: black">ear Colleagues<o:p></o:p></SPAN></FONT></SPAN></FONT></P>
<DIV class=Section1>
<P class=MsoPlainText><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoPlainText><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">The
Australian Petroleum Production & Exploration Association (APPEA) released
the <I><SPAN style="FONT-STYLE: italic">Asia-Pacific Gas Market
Growth</SPAN></I> report on 18 September 2009. The report itself,
undertaken</SPAN></FONT><FONT face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'"> by PricewaterhouseCoopers for APPEA under
the auspices of the Asia-Pacific Partnership on Clean Development and Climate
(APP) can be found at <A
href="http://www.appea.com.au/content/pdfs_docs_xls/NewsMedia/APPEAMediaReleases/app_gasmarketgrowth.pdf">http://www.appea.com.au/content/pdfs_docs_xls/NewsMedia/APPEAMediaReleases/app_gasmarketgrowth.pdf</A>.
<o:p></o:p></SPAN></FONT></P>
<P class=MsoPlainText><FONT size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><B><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Background<o:p></o:p></SPAN></FONT></B></P>
<P class=MsoNormal><FONT color=#00a4da size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: #00a4da; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">The
Asia-Pacific Partnership on Clean Development and Climate (the APP) is an
innovative effort to accelerate the development and deployment of clean energy
technologies. The seven members of the partnership – <st1:country-region
w:st="on">Australia</st1:country-region>, <st1:country-region
w:st="on">Canada</st1:country-region>, <st1:country-region
w:st="on">China</st1:country-region>, <st1:country-region
w:st="on">India</st1:country-region>, <st1:country-region
w:st="on">Japan</st1:country-region>, <st1:PlaceType
w:st="on">Republic</st1:PlaceType> of <st1:PlaceName
w:st="on">Korea</st1:PlaceName>, and the <st1:place
w:st="on"><st1:country-region w:st="on">US</st1:country-region></st1:place> (the
APP Partner economies) have agreed to work together and with private sector
partners to meet common goals.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">The APP
Partners have approved eight public-private sector task forces. One of these,
the Cleaner Fossil Energy Task Force, has in turn developed an Action Plan that
includes an initiative referred to as the <I><SPAN
style="FONT-STYLE: italic">Asia-Pacific Gas Market Growth Project
</SPAN></I>(CFE-06-08). Overall objectives of the Gas Market Growth Project are
consistent with those of the Asia-Pacific Partnership – that is to promote
energy security, reduction in national air pollution and climate change in ways
that promote sustainable economic growth and poverty
reduction.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">APPEA is
the leader of the project under the auspices of the APP and has engaged
PricewaterhouseCoopers to assist the project with a study of the APP gas
markets, and to prepare a report. The study called for a staged approach
consisting of initial research, data collection and analysis, modelling,
stakeholder consultations and interpretation of individual country and
collective APP outcomes.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=#00a4da size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: #00a4da; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><B><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Key
findings and conclusions<o:p></o:p></SPAN></FONT></B></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">The report
finds gas exporting and large consuming countries have a mutual interest to
develop markets for natural gas to ensure greater efficiency of gas transport,
trade and consumption. The key messages that come through as a result of the
qualitative and quantitative assessment of each country, and collectively as the
APP group of countries, are:<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P style="TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt; mso-list: l0 level1 lfo2"
class=MsoNormal><![if !supportLists]><FONT color=black size=2 face=Symbol><SPAN
style="FONT-FAMILY: Symbol; COLOR: black; FONT-SIZE: 10pt"><SPAN
style="mso-list: Ignore">·<FONT size=1 face="Times New Roman"><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></FONT></SPAN></SPAN></FONT><![endif]><FONT color=black size=2
face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">There are
substantial opportunities to grow gas use in the APP economies. Opportunities
are greatest in the electricity generation sector, particularly in countries
that have low gas penetration, increasing power requirements and pending
environmental constraints.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P style="TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt; mso-list: l0 level1 lfo2"
class=MsoNormal><![if !supportLists]><FONT color=black size=2 face=Symbol><SPAN
style="FONT-FAMILY: Symbol; COLOR: black; FONT-SIZE: 10pt"><SPAN
style="mso-list: Ignore">·<FONT size=1 face="Times New Roman"><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></FONT></SPAN></SPAN></FONT><![endif]><FONT color=black size=2
face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">Growth of
gas in a country’s energy mix will have a positive impact on energy security,
greenhouse gas emissions and air pollution.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P style="TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt; mso-list: l0 level1 lfo2"
class=MsoNormal><![if !supportLists]><FONT color=black size=2 face=Symbol><SPAN
style="FONT-FAMILY: Symbol; COLOR: black; FONT-SIZE: 10pt"><SPAN
style="mso-list: Ignore">·<FONT size=1 face="Times New Roman"><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></FONT></SPAN></SPAN></FONT><![endif]><FONT color=black size=2
face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">Governments
in importing countries can assist the supply side by improving their respective
domestic gas markets by providing greater levels of energy policy and regulatory
certainty to encourage large-scale projects to move
forward.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P style="TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt; mso-list: l0 level1 lfo2"
class=MsoNormal><![if !supportLists]><FONT color=black size=2 face=Symbol><SPAN
style="FONT-FAMILY: Symbol; COLOR: black; FONT-SIZE: 10pt"><SPAN
style="mso-list: Ignore">·<FONT size=1 face="Times New Roman"><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></FONT></SPAN></SPAN></FONT><![endif]><FONT color=black size=2
face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt">Domestic
gas market growth should be underpinned by government policies and regulation
that support market development and provide an environment of certainty. Key
focus areas for energy policies are to provide clarity around the cost of carbon
emissions and to clearly articulate the preferred energy mix for the respective
countries.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=black size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: black; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoPlainText><FONT size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoPlainText><FONT size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; FONT-SIZE: 10pt">Regards<o:p></o:p></SPAN></FONT></P>
<P class=MsoPlainText><FONT size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoPlainText><FONT size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=navy size=2 face=Arial><SPAN
style="FONT-FAMILY: Arial; COLOR: navy; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT color=navy size=2 face=Arial><SPAN
style="FONT-FAMILY: Arial; COLOR: navy; FONT-SIZE: 10pt"><o:p> </o:p></SPAN></FONT></P>
<DIV>
<P class=MsoNormal><st1:PersonName w:st="on"><FONT color=navy size=2
face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: navy; FONT-SIZE: 10pt">Damian
Dwyer</SPAN></FONT></st1:PersonName><FONT color=navy><SPAN
style="COLOR: navy"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><STRONG><B><FONT color=navy size=2
face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: navy; FONT-SIZE: 10pt">Director -
Energy Markets & Climate Change</SPAN></FONT></B></STRONG><FONT color=navy
size=2 face="Century Gothic"><SPAN
style="FONT-FAMILY: 'Century Gothic'; COLOR: navy; FONT-SIZE: 10pt"><BR>Australian
Petroleum Production & Exploration Association Limited (APPEA)<BR>T +61 (2)
6247 0960 | F +61 (2) 6247 0548 |<BR>Level 10, <st1:address
w:st="on"><st1:Street w:st="on">60 Marcus Clarke Street</st1:Street>, <st1:City
w:st="on">Canberra</st1:City></st1:address>, ACT
2601<o:p></o:p></SPAN></FONT></P>
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lang=EN-AU><A href="mailto:ddwyer@appea.com.au"><FONT
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lang=PT-BR>ddwyer<SPAN
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