Houston-based ConocoPhillips is looking to leverage its experience as a leading natural gas marketer to become a more active player in the global LNG market, CEO Ryan Lance said Thursday.

natural gas marketers

Lance hosted a conference call to discuss the mega-independent’s second-quarter results.

ConocoPhillips is among the largest oil and gas producers in North America, with a substantial presence in the Permian Basin, as well as the Eagle Ford, Bakken and Montney shales.

The producer during the first quarter took the No. 2 spot in NGI’s ranking of North American natural gas marketers, posting a 10% year/year increase in transacted volumes.

Last month it inked a nonbinding heads of agreement (HOA) with Sempra Infrastructure that could give ConocoPhillips a 30% equity stake in the...