Platts.com
(Houston) While it is likely there will be more than enough US natural gas supply to meet demand, it is critical that the midstream sector make investments in needed takeaway capacity, energy company executives said Wednesday at IHS CERAWeek in Houston.
Both demand and production look set to increase, but there needs to be more spending infrastructure to ensure sustained higher prices in the future, Bill Maloney, executive vice president of development and production in North America for Statoil, said. “We believe North America has the capacity to supply far more natural gas than we are right now and at reasonable prices,” he said. “The biggest challenge is not…