Via the AFR:
The UBS analysis comes just ahead of the introduction of the government’s controversial “domestic gas security mechanism”, which could cap LNG exports if it is triggered. But ironically the design of the mechanism means it would affect only Santos’s GLNG venture, rather than the two Queensland LNG projects that have extra gas to sell.
Mr Burns said, however, he didn’t expect the mechanism to be triggered for 2018, given the ability for the other two LNG producers to divert gas into the east coast market.
