Natural gas represents an attractive fuel for industrialized and developing countries seeking an alternative to petroleum. Due to economic and safety considerations, liquefied natural gas (LNG) at cryogenic conditions is preferred for storage and transportation. The main drawback is the poor understanding of the physical and chemical phenomena that occur at the storage conditions of liquid methane, i.e. at ultra-low temperatures around 110 K and, if released, at temperatures below ambient. In this work, a procedure to evaluate the laminar burning velocity, the flammability limit (FL) and the limiting oxygen concentration (LOC) of methane-air-diluent mixtures based on detailed kinetic mechanism at ultra-low temperatures is proposed. The estimation of the FL was obtained with the limiting burning velocity theory. The effects of inert content (extinguishing) and agent (N-2, H2O and CO2) on FL were evaluated and compared with data retrieved from the literature. The agreement between experimental observation and model results from 200 K-300 K incentivizes the adoption of the new procedure for further studies of fuel reactivity and safety parameters. Moreover, the proposed procedure may be suitable for the estimation of the safety parameters of complex fuel mixtures whose composition is closer to the actual values of LNG.