Directors Report

Energy World Corporation Limited and Its Controlled Entities

LNG OPERATIONS Australian LNG Operations

For personal use only

Alice Springs LNG Facility, Australia

Alice Springs LNG Plant

Central Energy Australia (CEA) owns a 454 TJ/annum (approximately 10,000 TPA) LNG facility at Alice Springs in the Northern Territory, Australia, which was operated by CEA for more than 18 years until the suspension of operations in 2006 at the end of the take-or-pay contract with Northern Territories Power and Water Corporation (NT PWC). The Alice Springs LNG Facility is now held on a care and maintenance basis. The original take-or-pay contract for the supply of LNG to the NT PWC was executed between CEA and NT PWC on 16 April 1987 with LNG supply commencing on 16 October 1989. Under this contract, CEA supplied LNG by cryogenic road tanker to a remote power station located in Uluru (Ayers Rock), operated by NT PWC, before converting the LNG back to combustible material for fuelling the power generating equipment. When this LNG supply contract expired in 2006, NT PWC switched its fuel supply to gas in the form of Compressed Natural Gas, from a third party supplier. Production of LNG at the Alice Springs LNG Facility was then suspended as the Alice Springs LNG Facility was supplied with natural gas from the Palm Valley Field by NT PWC under the LNG supply contract and this supply ceased upon the expiry of the LNG supply contract.

Alice Springs LNG Plant, Australia Yulara Unloading with Ayers Rock in the Background. (showing cryogenic road tankers)

Energy World Corporation Limited

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