Point of View: Marathon focuses on development of integrated natural gas projects

09/27/2004
Development of integrated natural gas projects to link stranded natural gas resources with key markets in areas where production is declining is "a new part of our business" and an "exciting area for us," said Clarence P. Cazalot Jr., CEO and president of Marathon Oil Corp., Houston."We had a strategic view several years ago that the US and UK and other key consuming markets were going to be short of supply in the coming years. That seems to be happening a little faster than we originally thought," Cazalot said at a recent meeting of the Texas Alliance of Energy Producers and the Houston Wildcatters in Houston."We saw the opportunity to access undeveloped but discovered major gas resource...
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