Business Description:
Energy World Corporation Ltd (EWC) is an integrated energy company based in Hong Kong and listed in Australia and New Zealand and is primarily engaged in the production and sale of power and natural gas. EWC has gas and power operations located at Sengkang, South Sulawesi in Indonesia, and produces gas, power and LNG in Australia.

Strategy Analysis:
EWC is pursuing the development of a 56,000 TPA LNG processing plant in Gilmore, Queensland, Australia. In Australia, EWC is carrying out a feasibility study and conducting preliminary discussions regarding their proposal to build a modular LNG train, LNG storage tank and export facility at the Port of Abbot Point on the north Queensland coast. EWC is also evaluating the supply of gas to the Queensland LNG Facilities from their Gilmore Gas Field and Eromanga Gas Field at a later phase of development. Energy World Corporation reported NPAT up 34.96% to US$27.11m for the year ended 30 June 2011. Revenues from ordinary activities were US$110.32m, up 18.04% from last year. Basic and Diluted EPS was 1.74 US cents compared to 1.29 US cents last year. Net operating cash flow was US$48.42m compared to US$26.12m last year. No dividend was declared.