Damian Vellar

Damian Vellar

Financial Analyst

Followers of Damian Vellar140 followers
location of Damian VellarPerth, Western Australia, Australia

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  • Timeline

  • About me

    Senior Marketing/Procurement and Commercial Manager/Advisor

  • Education

    • Xavier College Melbourne

      1980 - 1987
      Secondary School

      Activities and Societies: Tennis, Cricket and Football (1987) Higher School Certificate: Anderson Score - 370/410

    • RMIT University

      1998 - 1999
      Master of Business Administration - MBA
    • Monash University

      1991 - 1993
      Bachelor of Business Accounting and Finance

      Activities and Societies: Bachelor of Business Accounting and Finance Monash University University Prizes: 1993: $2500 scholarship for 1993 Accounting Study Tour to Singapore, Hong Kong and Japan. 1992: Prize for topping year in Financial Modelling 1991: Syntec Prize for topping year in Macroeconomics.

  • Experience

    • BHP

      Jun 1998 - Jan 2000
      Financial Analyst

      Responsibilities:Analyse potential acquisition targetsAssist in managing BHP Petroleum Asset SalesFinancial Modelling of Asset PortfolioAnalysis of Asset RestructuresAnalysis of BHP Impact of Petroleum transactions.Financial Analysis Support to Asset TeamsLiaising with external advisers on projects Preparation of papers/presentations for BHP Policy Committee, BHP Petroleum Executive Committee and Portfolio Review Management TeamAchievements:Successful completion of asset sales.Analysis of potential transactions that was important to ultimate decision making on the viability of projects Show less

    • Seconded into NWS Operator - Woodside Energy

      Jan 2000 - Jan 2002
      Senior Business Analyst

      Responsibilities:Analytical support for LNG opportunities including marketing, infrastructure and commercial structuring analysisPreparations of economic analysis sections of NWS joint venture business proposals and detailed economic supplements Peer review of other Business Analysts’ workEconomic Analysis of Capital Efficiency and Business Restructure ProjectsAnalytical Support to the Commercial AdvisersAssisting in the preparation of papers/presentations for NWS decision making bodiesLiaising with taxation advisers on taxation implications of project structuringAchievements:Successful completion of detailed economic supplement for China LNG opportunitySuccessful completion of detailed financial model including complex buyer equity modelling Show less

    • BHP

      Feb 2002 - Mar 2005
      Senior Business Analyst

      Responsibilities:Analytical support for NWS Gas, NWS Oil and Laminaria assetsAnalytical support for investment decisions, new contract decisions and project agreement amendment decisionsSupport for corporate forecasting and external/internal corporate reporting requirementsCommercial support to asset team membersRebuilding/maintenance of asset team economic modelsSupport/input for new tollgates and submissions to approval bodies Assist project operator with analytical support Achievements:Qualitative and quantitative analytical support for establishment of complex commercial arrangements including China equity/shipping t Rebuild of asset team economic excel models (NWS Gas, Oil and Laminaria)Successful completion of BHPB Corporate forecasting requirements and external compliance requirements Show less

    • BHP

      May 2005 - Feb 2010

      Responsibilities:Marketing of Macedon GasInvolvement in development of Gas Specification LegislationNegotiating access to DBNGP capacityHBI Gas MarketingMarketing support and management presentations for marketing/commercial decisions Drafting and review of marketing/commercial agreementsWA Domestic Gas Market Analysis/Intelligence gatheringAchievements:Macedon Gas Sales Gas Specification Legislation progressionNegotiating and executing a new pipeline access agreement for Griffin gas Development of WA Domestic Gas Price Protocol Show less Commercial Marketing CoordinatorResponsibilities:BHPB NWS Domestic Gas representative Marketing support for LNG, liquids and domestic gas marketingMarketing support and management presentations for investment decisions and tollgate processesDrafting and review of marketing/commercial agreementsLNG and Domestic Gas Demand forecastingAchievements:Agreements executed to restructure long term agreementsShort term sales completed2 price reviews completedAgreements governing interventure arrangements negotiated and executed Influencing joint venture partnersAnalytical support for LNG sales Show less

      • Gas Marketing Coordinator

        Apr 2007 - Feb 2010
      • North West Shelf (NWS) Commercial Coordinator

        May 2005 - Apr 2007
    • NWS Gas

      Feb 2010 - Jun 2012
      Marketing Manager

      Marketing Manager North West Shelf GasResponsibilities:Marketing of NWS GasExisting Gas Sales Contract ManagementExisting Gas Transport Contract ManagementManager of pipeline relationshipsManager of operator relationshipReview of Gas Specification LegislationMarketing support and management presentations for marketing decisions Drafting and review of marketing/commercial agreementsWA Domestic Gas Market Analysis/Intelligence gatheringAchievements:New Gas SalesExisting Contract AmendmentsSubmissions to governmentTransport AssignmentPipeline Integration agreementsDevelopment of carbon cost pass through position Show less

    • BHP

      Jul 2012 - Jul 2019

      Responsibilities: Leading the transition of Bass Strait contracting/management from joint to separate marketing and administration Business development of Bass Strait spot gas sales Marketing of Bass Strait Gas/EthaneCommercial support/mentoring for WA/EA gas marketing managersExisting Gas/Ethane Sales Contract ManagementGas curtailment management Achievements: Successful transition of Bass Strait contracting/management from joint to separate marketing and administration Design and implementation of Bass Strait gas tenders which resulted in ~20 gas sales agreements Successful development of spot market sales opportunities Management of Force Majeure and Reserve Shortfall issues Show less Responsibilities:Marketing of Bass Strait Gas/EthaneExisting Gas/Ethane Sales Contract ManagementExisting Gas Transport Contract ManagementMarketing support and management presentations for marketing decisions Commercial support/mentoring for WA gas marketingAchievements: New Gas Sales (~ 20 Gas Sale Agreements “GSA”) – see below for two large GSAs that I negotiated and are publicly available https://www.originenergy.com.au/about/investors-media/media-centre/origin-secures-432-pj-natural-gas-from-esso-bhpb-20130919.html https://www.agl.com.au/about-agl/media-centre/asx-and-media-releases/2015/april/agl-secures-gas-supply-until-2020-with-bass-strait-agreement Show less

      • Marketing Manager - Principal Sales

        Jan 2017 - Jul 2019
      • Marketing Manager

        Jul 2012 - Dec 2016
    • Self Employed

      Oct 2019 - Dec 2019
      Energy Consultant

      Eastern Australia Gas Market advice to prospective Eastern Australian LNG import terminal

    • BHP

      Feb 2020 - Dec 2020
      LNG Bunkers Procurement Manager

      Responsibilities:Leading the procurement of 1st LNG fuel supply for new BHP Iron Ore Shipping Bulk Carriershttps://www.bhp.com/media-and-insights/news-releases/2020/12/bhp-awards-lng-supply-agreement-to-shell-for-lng-fuelled-iron-ore-vessels/Managing the international procurement tender process across a diverse range of suppliers based in Singapore/China/Japan and AustraliaNegotiating procurement term sheets and contractsManaging internal (legal/technical/commercial) and external (suppliers) stakeholders involved in the procurement process Achievements:Successful negotiation and execution of 1st LNG bunker supply contract for BHP. Show less

    • Mitsui E&P Australia (MEPAU)

      Oct 2021 - now
      Marketing Manager

      Responsibilities: Marketing of Mitsui's gas and natural gas liquids portfolios in the West and East Australian markets.Achievements:Successful negotiation and execution of gas sale/swap/storage/transport and LPG/condensate agreements

  • Licenses & Certifications

    • CPA

      ASCPA
      Aug 1995
  • Volunteer Experience

    • Coaching/managing

      Issued by Wembley Junior Football Cricket Clubs on Apr 2008
      Wembley Junior Football Cricket ClubsAssociated with Damian Vellar