Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Page 17
Page 18
Page 19
Page 20
Page 21
Page 22
Page 23
Page 24
Page 25
Page 26
Page 27
Page 28
Page 29
Page 30
Page 31
Page 32
Page 33
Page 34
Page 35
Page 36
Page 37
Page 38
Page 39
Page 40
Page 41
Page 42
Page 43
Page 44
Page 45
Page 46
Page 47
Page 48
Page 49
Page 50
Page 51
Page 52
WorldsbiggestshiptobehometoLiquidNaturalGasPlant5Celebrating75YearsSSARonBowdenChiefExecutiveOfficerServiceStationAustraliaLtd.directfinancialbenefitfromthepublicitywegainfromourmediaactivities.Itisalldesignedtobenefitourmembers.Wethereforewarnindustryobserverstobecarefulofthevariousclaimsmadeinthemediabytheseso-calledexpertsandtoconsiderthepossibilityofulteriormotivesbehindthestatementsbeingmade.Somestatementsareoutrageoustotallyincorrectanddesignedtostiruppublicemotionandcauseagreatdealofannoyanceandupsetintheprocess.Thereisanexampleinarecentpublicationnewsletterwhichappearsregularlyinvariousquartersaroundthecountryandpurportstobeanindustryspecialist.InthelatesteditionthenewsletterclaimsthatrecentchangestotheTradePracticesActwillhavesignificantimpactsonourindustry.CitinganarticlefromClaytonUtzthenewsletterstatesthatTheseareimportantchangesforpetroleummarketerswhowillneedtocarefullystudytheBillsimplicationsfortheirdaytodaymarketingpractices.ThetroubleisitsallaloadofnonsenseThenewsletterstartsreferringtotheproposedAustralianConsumerLawBillwhichisprimarilyfocusedonunfairstandardformconsumercontractsandspecificallyexcludesbusinesstobusinesscontracts.ThisBillisirrelevanttopetrolretailing.ThenewsletterthenmakesvagueandgeneralizedassertionsabouttheACCCreceivingsuperpowerstoenforcethelawbutacknowledgesthat.thepreciseimpactofthesereforms.isnotyetknown.ThereisnodetailthereisnodisclosureofwhichsectionsoftheTradePracticesActwillbethebeneficiariesandwhattypeofactivitywillbeargreaterscrutiny.Itsaverylongbowindeedtocometosuchaconclusionfromsuchamuddledarticle.Theerroneousnewsletterhighlightstheproblemwithonemanbandindustrycommentatorstheydonthavetheprofessionalresourcestoproperlyresearchandconcludeonthemanyissuesoflawsandregulationsthataffectourindustry.TheServiceStationAssociationwithitsmembershipofthewellresourcedandhighlyregardedMotorTradesAssociationofAustraliaisabletoaccuratelyadviseitsmembersontheinterpretationofbothStateandFederallawsthestatusofvariousreformprogramsandtheimplicationsthatmightflowfromthem.Onceagainwemustwarnindustryobserverstobewareofimpostersservicestationaustraliasummer09ssa.org.auRoyalDutchShellsfloatingLNGplantwillsitonavesselplannedtobe1574feetlongand246feetwide.RoyalDutchShellplanstodeployavesselmuchlargerthananaircraftcarrieroffthecoastofnorthwesternAustraliatohousetheworldsfirstfloatingliquefiednaturalgasplant.ShellwillusethetechniqueatthePreludeandConcertogasdiscoveriesMalcolmBrindedthecompanysexecutivedirectorforinternationalupstreambusinesssaidduringaconferencecallThursday.Theuntestedmethodisagame-changerallowingdiscoveriesthataresmallandtoofarfromthecoasttojustifyonshoreplantstobeprofitablehesaid.TheHague-basedShellsplanstoemploywhatitcalledthebiggestshipintheworldarebackedbythelargestexplorationbudgetofanyoilcompanyestimatedat31billionthisyearand28billionin2010Brindedsaid.TheprojectisamongmorethanadozenthatmaypropelAustraliatosecondamongglobalsuppliersofthefuelfromfifthnow.ThereareclearlysometechnicalchallengesbutIthinktheindustryisconfidentthatacompanylikeShellwouldbeabletoaddressthemsaidTonyReganaconsultantatSingapore-basedTri-ZenInternational.ReganpreviouslyworkedforShellsLNGbusiness.BrindeddeclinedtogiveanestimateofspendingonthefloatingLNGproject.Preludeisabout300milesnorth-northwestofBroomeinWesternAustralia.ShellinJulyawardedacontracttoSamsungHeavyIndustriesCo.andTechniptodesignconstructandinstallfloatingLNGfacilitiesover15years.Shellmayorderasmanyas10unitsworthabout5billioneachSamsungHeavyestimatedinaJulystatement.Thevesselwillweighabout600000metrictonsandbearound1574feetlong246feetwideanddesignedtowithstandaone-in-10000-yeartropicalcycloneBrindedsaid.