Kinder Morgan Inc. (KMI) is forecasting U.S. natural gas demand to grow by about 20 Bcf/d or 20% between 2023 and 2028 to roughly 121 Bcf/d, Executive Chairman Rich Kinder said Wednesday.

“We expect 13.5 Bcf/d of that growth to come from LNG and Mexico exports, with moderate growth in the power, residential and commercial sectors,” Kinder said during the midstream giant’s second quarter earnings call.

Kinder, who co-founded the firm in 1997, explained that, “while we’re bullish about the long-term future of Kinder Morgan, the single most important reason for optimism is the role natural gas will play in this country and around the world in the coming decades.”

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