Western Australia is a large state that covers 2.5 million square kilometers and has a population of around 2 million people. It has a strong resources sector focused on mining and natural gas. Major projects in liquefied natural gas are underway worth over $100 billion. The state produces over a fifth of the world's iron ore and 7% of its natural gas. The Western Australian government can help facilitate business relationships and provide advice for European companies interested in opportunities in the large resources projects driving Western Australia's economy.

1. Western Australia
Big state big opportunities
February 2013
Stuart Russell
Senior Trade & Investment Manager
Government of Western Australia – European Office

2. About Western Australia
WESTERN AUSTRALIA
WESTERN AUSTRALIA
Area: 2
2.5 M km 2
Western Australia Area:
Population:
2.5 M km
2 million
Population: 2 million
versus Europe Persons/km2: : 0.8
Persons/km 2
0.8
EU
EU
Area: 4.2 M km2 2
Area: 4.2 M km
m~
Population:497 million
Population:497 million
0k
Persons/km2: : 117
Persons/km2 117
50
~2

3. About Western Australia
• Population 2.4 million – which is
10.4% of the nation (73% live in
Perth)
• Resource abundance:
minerals, energy, agriculture
• Gateway to Asia and 60% of
the world’s population

4. Gateway to Asia
4

5. About Western Australia
Economic Overview
• Value: A$239 billion in 2011-12
• 16% of Australian economy, 28% of
business investment and 46% of
merchandise exports in 2011-12
• Resource projects committed or under
construction $167 billion; $151 billion more
under consideration
• GSP projected to rise 6.0% in 2012-13
Australia $100 = €80

6. Mining and Resources Sector
 65 oil and gas fields, 975 operating
mines, 50 different minerals produced
 $82 billion of mining investment in
2011/12 - over half of the Australian
total
 WA produced over a fifth of the world’s
iron ore and 7% of its LNG in 2011

7. Mining and Resources Sector
• Value of resources project:
$167 billion committed or
underway
• 50,000 construction jobs
and 15,000 permanent jobs
created
• ≥500 commercial mining
projects; over 100,000
employed

8. Australian natural gas resources
Dominated by Western Australia
– Offshore and Onshore
Offshore and LNG:
A$92B invested –
mainly Gorgon and
Wheatstone projects
Source: WA Department of Mines and Petroleum

9. Big Projects: LNG
PROJECT STATUS VALUE A$ CAPACITY
Gorgon Execution $52 billion 15.6mtpa
Pluto Train 1 In operation $13 billion 4.3mtpa
Wheatstone Execution $29 billion 8.9mtpa
Prelude FLNG Construction $12 billion 3.6mtpa
Browse LNG Evaluating tender bids for $30 billion 12mtpa
construction (FID
expected first half 2013)

10. Major Resources Projects (cont..)
WA: 40 out of
87 committed
projects
WA: project
value: $141 B
Australia-
wide: project
value $268 B
(at October
2012)
Source: Bureau of Resources and Energy Economics (Australian Government)

11. Government of Western Australia Department of State Development 11

12. Investment Opportunities
• Western Australia exports to the UK worth over
$5 billion during 2011/12
• 16 UK firms have opened new offices in Perth
between 2010-12 including:-
• Many UK firms have been expanding in
Western Australia, including:
• Global Energy Group – just completed 3rd
acquisition since opening in September 2011
• AMEC Minproc – Nov 2012 awarded $20
million contract extension on Barrow Island JV;
opened new offices on St George’s Terrace
• Big opportunities in upcoming O&G projects

13. How to Connect
 Finding supply chain partnership opportunities on WA
resources projects
 Project Connect – an invaluable tool for suppliers
 www.projectconnect.com.au

14. How to Connect
Project Connect – Major Projects currently advertised:
Browse LNG Development – Value $A52 billion, Construction 5-6 years from mid 2013
CITIC Pacific Mining Sino Iron project- US$5.2 billion, Construction started in early 2012
Gorgon Project- $A43 billion, Construction 5 years, Execution Phase
Greater Western Flank (GWF) Phase 1 Project- $A2.5 billion, Construction 2011-2016
Hess Equus Development- TBC, Construction Q4 2011- Q1 2013
Macedon Project - $US1.5 billion, Construction 2 years, Execution Phase
Midland Health Campus – $340 million, Construction started June 2012
New Children’s Hospital Project - $A1.2 billion, Construction Jan 2012- Late 2015
Oakajee Port & Rail Project - $A3.5 billion, Project currently on hold
Southern Seawater Desalination Plant – S1 $944 million (2009-11), S2 $450 million (2011-
12), Execution Phase

15. Australian Marine Complex

16. Australian Marine Complex
• World class centre of excellence
• Infrastructure to support industry
• Supports the clustering of marine,
defence, mining and oil & gas
engineering companies in one location
• Facilitates sharing of skills between
the different market sectors
• Addresses infrastructure issues
associated with undertaking major
projects in WA
• World’s most technologically
advanced floating dry dock

17. Role of European Office
The Western Australian Government – European Office can:
Facilitate investor and business relationships by setting up
meetings with Government and industry organisations
Provide briefing on Western Australia: economy, legislation,
processes and markets
Give advice on aspects of living, working and doing business in
Western Australia

18. Contact
Stuart Russell
Senior Trade & Investment Manager
Tel: +44 20 7395 0564
Email: stuart@wago.co.uk
Online: www.wago.co.uk twitter.com/wagoeu

19. Thank you