Transcript day 2_Session 6_ Petroleum Advisory Services update 2015x

Petroleum Advisory Service
2015 Activities update
Pacific Energy Advisory Group meeting
17 November 2015
Nabua, Fiji
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Petroleum Advisory Services (PAS)
overview
• The SPC Petroleum Advisory Service has four broad priority
focus areas, being
– Market Information Data
– Supply Pricing and Logistics
– Safety Environment and Training
– Development of Alternative Fuels
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PAS Market Information Data
• Extract and organise Platts and Saudi Contract price data for
crude oil, fuel and LPG grades most relevant to PICTs,
• Analyse data and produce regular reports and articles for a
number of publications,
• Provide regional pricing data to PICTs on a regular basis to
inform their periodic fuel price reviews,
• Create and publish the Pacific Fuel Price Monitor using
information gathered and analysed from PICT members on a
three monthly basis.
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PAS Supply, Pricing and Logistics
• Cook Islands – Re-engineered the national fuel & LPG pricing templates.
• Tonga – reviewed the fuel pricing template and advised on implementing
MRX project to increase national energy security.
• Kiribati – assembling a regional team to perform a NEEDS ASSESSMENT
for the Kiribati Oil Company (KOIL) and explore international tender
options for fuel supply and services.
• Solomon Islands – conducted annual review of fuel pricing template
parameters and related issues.
• Tuvalu – reviewing the fuel and LPG pricing templates
• Fiji – Fuel market reorganisation plans are in limbo.
• Petroleum Sector input on Kiribati and Niue Energy Road Maps.
• Produced and launched the Pacific Islands Fuel Pricing Manual to support
PICT fuel price monitoring and/or regulation.
• During 2016, planning a ‘Fuel Buyers Club’ meeting which will include the
independent terminal owners to discuss issues in common.
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PAS Safety, Environment and Training
• Reviewed retail fuel sites in Kiribati, Samoa, Solomon Islands, Tonga
and Tuvalu for compliance with international industry standards.
• 72 sites inspected and assessed as low, medium and high risk
– 8 (11%) low, 37 (51%) medium and 27 (38%) high risk.
– In 3 of the 5 countries, NO sites were assessed as low risk.
• Negotiating future Dangerous Goods and Safety related training
module access through NZ Worksafe.
• Promoting PICT attendance at oil spill and fire fighting training
being held around the region and annual national training.
• Developing a PICT regional industry Code of Practice based on
AS1940:2004 - The storage and handling of flammable and
combustible liquids and AS/NZS1596:2014) The storage and
handling of LP Gas
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Alternative fuels - Biofuel
• Biofuel development priorities will focus on
– Coconut to biofuel, Vanuatu is leading the way with
UNELCO successes
– Fuel ethanol – Fiji is commercialising fuel ethanol from
sugar cane
– Biomass to biogas, based on European and Canadian
technology.
• SPC is developing and seeking funding for a multi-year
proposal for sustained regional cooperation on the long term
sustainable, economic development of coconut biofuel.
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Coconut to Biofuel Regional
Cooperation project
Three project phases are being planned
• Phase One (8 months) – Desk top study to document all coconut biofuel
regional experiences and learnings to date and to identify state of the art
coconut-to-biofuel technology.
• Phase Two (2 years) - PICT Organising Committee (involving public and
private sector) to identify coconut resources and highest biofuel potential.
– initial focus on Fiji, New Caledonia, Papua New Guinea, Solomon Islands
and Vanuatu as the largest potential for EXCESS coconut resources.
– Identify project focal points including ensuring economic benefit flow to
village cooperatives, coconut oil extraction, fuel conversion technologies,
processing centres, capital equipment and training needed.
• Phase Three (initially 5 years) – Establish Regional Coordinating Council to
oversee project implementation
– Donor funds – targeting Green Climate Fund (GCF)
– Contributions from participating PICTS will be required
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Alternative fuels - LPG and LNG
• PRIF study (with PPA, SPC and World Bank) on the expansion of LPG
and introduction or LNG within PICTs has been completed.
• Regional consultation was held in Hawai’i in July 2015 and the final
project report is scheduled for December 2015.
• Good potential for LPG price reduction and expanded volumes with
increased use of bulk shipments.
• LNG shows good potential for major new mining projects.
• SPC is coordinating Pacific Islands involvement in the World LPG
Association Summit @ Gold Coast Australia in May 2016 and will be
nominating speakers and delegates over the next few weeks.
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• PRIF study (with PPA, SPC and World Bank) on the expansion
of LPG delegates over the next few weeks.
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Vinaka
Merci
Obrigado
Thank you
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