As you know, Australian exports are based on building capacity to fulfil 'firm' long term 'take or pay' contracts. I anticipate some of the capacity will have to be mothballed rather than go to spot markets if the 'takers' default on the contracts. You do not mention Canada, where there are logistical problems and governmental changes threatening production for export.

Eoin Treacy's view

Thank you for these relevant points in response to my piece on LNG on Friday. Considering the stress the Canadian energy sector is currently under it is debatable whether West Coast export facilities will be built. This site from the British Columbia government highlights the fact that ground has not yet been broken on any of the proposed projects.

Vested interests held up the planning process in the hope of better terms. It would now appear that the rationale for building trans-Rocky pipelines might still be in place but the economics no longer support it. For LNG exporters elsewhere this should be reasonably good news.