The Wealth Beneath Our Feet - full report (6.4 MB ... - Venture Taranaki

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The value of the O&GIndustry to New Zealandglobal O&G marketForeign Direct Investment intoNew Zealand by the O&G IndustryRoyalties = $432 millionCompany tax = $30 million p.aPAYE = undeterminedExports = $2.15 billion• Oil = $1.9 billion• Methanol = $255 millionEconomic, vibrancy, diversity and skillsReputation and brand (Taranaki/NZ)Security of NZ Energy SupplyInfrastructure developmentEnhancement of Business Systems, H&S,Knowledge, careers, scientific discoveryTechnological stretch, transferand innovationExpansion e.g export developmentDiversification and leverageCommunity investments ($2 million)Potential to transform NZ’s economy6The Wealth Beneath Our Feet
Total jobs = 7,700*GDP = $2.5 billionNZ Economic andsocial wellbeingEnergy companies andelectricity generationBusiness and households• 20% NZ’s primaryEnergy supply• 25% ElectricitygeneratedTangibles flow into NZ economyenhancing other businesses,industries and social wellbeingtangiblesGasO&G exploration and productionJobs = 6,000GDP = $2.18 billionMid/down stream processing (feedstock)Jobs = 1,700GDP = $298 millionIntangiblesIntangibles flow into NZ economyenhancing other businesses,industries and social wellbeing*Direct jobs = 3,730, total impact = 7,700The Wealth Beneath Our Feet7
Page 1: The Wealth Beneath Our FeetThe Valu
Page 5 and 6: Executive summaryThe Oil and Gas (O
Page 7: ••Being global the O&G industry
Page 11 and 12: Economic contribution 2009 (Taranak
Page 13 and 14: The Wealth Beneath Our Feet11
Page 15 and 16: While the public at large is famili
Page 17 and 18: Tui Oil FieldThe Tui field, brought
Page 19 and 20: 3.3 DownstreamThe downstream O&G in
Page 21 and 22: Fostering an Attitudinal ShiftThe o
Page 23 and 24: 4.2 Field developmentCommercialisat
Page 25 and 26: Kupe FieldThe offshore Kupe gas-con
Page 27 and 28: Construction of the gas-to-gasoline
Page 29 and 30: The economic impacts of the onshore
Page 31 and 32: STOSShell Todd Oil Services Limited
Page 33 and 34: ITLITL was established in 1988 and
Page 35: Transfield Worley LtdTransfield Wor
Page 39 and 40: Indicative Project Cost Breakdown -
Page 41 and 42: To date New Zealand companies have
Page 43 and 44: Hooker PacificHooker Pacific (“Ho
Page 45 and 46: Kingsway MenswearKingsway Menswear
Page 47 and 48: Directly, the O&G industry accounts
Page 49 and 50: Each project has a different econom
Page 51 and 52: Royalty RegimeNew Zealand’s petro
Page 53 and 54: 6.6 OIL AND GAS - MIDSTREAM ANDDOWN
Page 55 and 56: Methanex produces methanol and owns
Page 57 and 58: 6.7 INFRASTRUCTUREThe concentration
Page 59 and 60:
Selected examples of infrastructure
Page 61 and 62:
Port TaranakiA report on the econom
Page 63 and 64:
Summary of Quantified ImpactsEconom
Page 65:
6.8.1 Contributing to a vibrantgrow
Page 68 and 69:
Helicopter underwater escape traini
Page 70 and 71:
GNS Science, the nation’s prime p
Page 72 and 73:
6.8.9 Investment in the communityEx
Page 74 and 75:
7Economic significance of Taranaki
Page 76 and 77:
8Where to from here?This report sho
Page 78 and 79:
8.4 Think SmartJust as the Governme
Page 80 and 81:
9Appendix A.Other statistics and ec
Page 82 and 83:
New Zealand Company ComplianceTo ma
Page 84:
Taranaki’s development agency9 Ro
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