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A panel discussion was recently waged by a Canadian, an American and a Mexican talking about North America’s energy future as the new Middle East for the rest of the world. Hyperbole was cheap, but chances of the provocative scenario becoming a reality ride squarely on the shoulders of Mexico. And everyone was OK with this.

U.S. natural gas exports to Mexico grew by 24% to 1.69 Bcf/d in 2012, the highest level since the data collection began in 1973. With imports now accounting for over 30% of its total supply, Mexico's natural gas use is also at its highest level ever.

The Eagle Ford Shale, stretching from the mid-south of Texas just shy of Corpus Christi north nearly to San Antonio and west to the Mexican border, continues to attract massive investments from energy companies. It’s not hard to see why. The play contains economically recoverable light crude oil and natural gas liquids in high proportion to currently low-priced gas.

With 297 registered attendees, the INGAA Foundation’s spring meeting had a record turnout. Normally held in Texas, the conference was moved to Amelia Island, FL to dovetail with an INGAA analysts’ event.

It isn’t hard to find companies that traditionally would not be involved in pipelines taking an active role in the industry. When an executive who is arms-deep in software technologies finds a special liking for the energy business, and is located about as far away from pipelines as one can be in the United States, he, too, must be a special individual.

The facts and figures bear out that natural gas is THE product of the decade and with the Shale Gas Revolution barely underway, it’s just getting started. For the industry in the United States, which is leading the development, production and transportation of this valuable and environmentally friendly fuel, there has never been a more exciting time to be in the business.

Without question, the growing abundance of natural gas and the hydraulic fracturing process that has made it available have been a “game changer” for the energy industry - and have generated increased ire from the environmental community.

Even a company that has successfully been building pipelines and other infrastructure for more than 100 years knows when it’s time to modernize to meet the fast-paced challenges of the 21st century energy business.

The United States closed out 2012 with a technically recoverable natural gas resource potential of 2,384 Tcf - the nation’s highest level during the 48 year history of the nonprofit Potential Gas Committee’s (PGC) biennial report.

Increasing gas demand, coupled with the requirement for short- to medium-term import solutions, has seen the floating regasification sector experience rapid growth in recent years. The industry has grown from the Gulf Gateway unit (2005-2012) to ten operational vessels in 2012. Similarly, the floating liquefaction market is gaining traction with the first base load FLNG liquefaction terminal due onstream in 2016.

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