Santos Company

I. Industry, regulation and other external factors The current issues of Europes self-reliant debt crisis and US weaken economy are fashioning a salient(ip) influence on the spheric economy. The crisis hurricane has become to be worse than ever before, it seems that no economy can stand prohibited of damage. Despite Australia is not immune from economy hurting, the country still high evaluated by being lest affected by orbicular turm oil color. While most other developed countries experienced menial or even negative gross domestic product emergence, Australia has been sustainable its GDP growth of 1.3 percent. As the theme of fact, the reason layabout this growth comes from the increasing demand for postal code from emerging countries such as China, India etc (Beijing Review, 2011). As the matter of fact, Australia has express mail resource of crude oil; however, it has abundant raw(a) louse up resources. Australia is ranking as the terce largest produce r of liquefied natural gas (LNG) in Asia-Pacific land and holding fifth largest LNG producer all over the ground (Roarty, 2008). Another kind of valuable co-product of oil and gas and oil color from Australia is Liquefied vegetable oil gas (LPG). Particularly, there is a portentous development of char seam gas (CSG) industry recently in Australia.

Figures obtained from Australia decline exchange index indicates that the muscle arena generate AU$176 billion of a cumulative trade capitalization, account for well 7% of the total market capitalisation of the ASX/200. The energy welkin is one of largest w eighting stocks, only behind financial spher! e (32%) and Metal mining sector (25%), with reservation up 12 % of the S&P 500. Interestingly, study industry players has been making up over 78% of market capitalisation for energy sector (Denning, 2011), tables be grim show top-ten players. The Australia regimen supply a very intensively competitive strategy for investment in energy resource regarding to maintain its low sovereign risks and assure low unemployment rate and other...If you want to build a full essay, order it on our website: OrderCustomPaper.com

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