Beyond

North America’ burgeoning natural gas supplies have advantages beyond price for exporting to the global liquefied natural gas (LNG) markets, according to a Houston-based consultant. And Mexico could end up being a key part of the puzzle.

North America’ burgeoning natural gas supplies have advantages beyond price for exporting to the global liquefied natural gas (LNG) markets, according to a Houston-based consultant. And Mexico could end up being a key part of the puzzle.

If there is a “bet-the-farm” opportunity in natural gas infrastructure, it lies in the potential production growth in the Utica and Marcellus shale formations, according to Mark McGettrick, CFO of Dominion Resources in Virginia.

Chesapeake Energy Corp. CEO Aubrey McClendon, who Thursday spoke to analysts publicly for the first time in months beyond the Oklahoma City boardroom, said the company remains on track to sell up to $14 billion of assets by the end of the year, including a package of properties in the Permian Basin. He’s also confident that even as the company continues to turn toward more oily production, natural gas prices will strengthen in the coming months.

The Alberta government and natural gas producers are vowing to stop TransCanada Corp.’s Nova pipeline network from growing like a weed far beyond the province at their expense.

Robust output from the nation’s shale plays and relatively mild winter weather continue to force analysts to trim their natural gas price forecasts, with Bentek Energy LLC on Tuesday saying it expects the market to set a new price floor of $1.94/Mcf this September.

Exploration for oil and natural gas is to begin as early as this summer well beyond the Arctic Circle by Canadian subsidiaries of Statoil SA and Chevron Corp.

Southern California Gas did not extend a high-linepack OFO beyond Saturday.

U.S. natural gas prices are set to rise beyond current market expectations, climbing by about 50% between 2011 and 2020, or 4% per year, to surpass $8/MMBtu, according to a report by the Deloitte Center for Energy Solutions.