Analysts have been painting a bright picture for the engineering and construction sector due to the record amount of mining project work in the pipeline, but small cap contractors that are more exposed to the liquified natural gas sector are likely to be the ones that benefit most from the ongoing commodities boom.

Capital expenditure in the resources sector is tipped to surge in excess of $380 billion over the next few years with $210 billion of this going into projects that look like a definite starter, according to estimates by Goldman Sachs.