While Canada’s oil crisis has stolen much of the media spotlight in recent months, Canadian natural gas producers have been going through a similar predicament—not enough takeaway capacity amid growing production, and as a result, plunging domestic prices. Last year, the annual average discount of Alberta natural gas benchmark AECO to the U.S. Henry Hub benchmark was at its widest in nearly two decades—since 1999, according to data crunched by Bloomberg . While fracking has opened opportunities in the Montney and Duvernay plays in Western Canada, competition from surging U.S. natural gas production, again thanks to hydraulic fracturing, has been cutting into the Canadian market share in the United States over the past decade. Canada’s natural gas producers and Alberta’s government realize that they need to expand market access if they want to compete for a share of the growing global natural gas market and get a fair price […]