extract from cvn one of the most important global issues facing...

extract from cvn
one of the most important global issues facing the modern world. A common theme in London was that the global economy is entering an “energy super-cycle”. That is, population growth and rising living standards will fuel rising demand and prices for energy throughout the world with price spikes to continue as a result of growing tensions over securing long-term supplies of oil and gas and ongoing regional conflicts. Countries and companies with reliable, long-term and economically viable supplies of energy are well positioned to take advantage of this energy super-cycle. The view from London is that Australia is perfectly positioned to meet the needs of an energy hungry world and to profit from sustained demand increases for oil and gas for the foreseeable future.