April 22, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) is cautiously exploring its options to expand its capacity to transport, store and export natural gas and liquefied natural gas (LNG) amid a global surge in demand, fueled in part by the ongoing conflict in Ukraine. The company, which already is benefiting from significantly heightened use of its existing facilities, has been hearing calls to revive long-stalled projects for natural gas pipelines and LNG export terminals.
Industrial Info is tracking about $11.5 billion worth of active projects from Kinder Morgan, more than 90% of which is attributed to U.S.-based projects for LNG production and natural gas pipelines. These include a proposed pipeline from the Permian Basin to the Texas Gulf Coast, which would be the third for Kinder Morgan, and an LNG export terminal that until recently was believed to be all but cancelled.
Kinder Morgan also is at work on projects with Venture Global LNG Incorporated and Cheniere Energy Incorporated (NYSE:LNG) to expand capacity.
This Premium Article can be purchased individually or as part of a subscription
Articles related to this company
Toll Free: +1 800 762 3361
Phone: +1 713 783 5147
Fax: +1 713 266 9306