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Kinder Sells Quarter Stake in Elba Island LNG for $565M

Kinder Sells Quarter Stake in Elba Island LNG for $565M

Kinder Morgan Inc. (KMI) has completed the sale of a 25.5% equity stake in Elba Liquefaction Co. LLC (ELC) to an undisclosed buyer for about $565 million, management said Tuesday. ELC, a joint venture between KMI and Blackstone Credit, owns the 2.5 million metric tons/year Elba Island LNG export terminal in Chatham County, GA.  KMI…

September 29, 2022
First Wave of U.S. LNG Exports Concludes as Elba Gets OK to Place Final Unit in Service

First Wave of U.S. LNG Exports Concludes as Elba Gets OK to Place Final Unit in Service

FERC on Thursday authorized Kinder Morgan Inc. to start service and export operations from its tenth and final unit at the Elba Island liquefied natural gas (LNG) terminal in Georgia. The move essentially marks the end of the first wave of U.S. LNG export projects that got underway in early 2016 when the first cargo…

August 27, 2020
Kinder Morgan Restarting Elba Island LNG Units Impacted by Fire

Kinder Morgan Restarting Elba Island LNG Units Impacted by Fire

Kinder Morgan Inc. is bringing production units back online at its Elba Island liquefied natural gas (LNG) export facility in Georgia after a fire at the facility on May 11.

May 22, 2020
Fire at Elba Island LNG Shuts Down Three Units, Cuts Feed Gas Deliveries

Fire at Elba Island LNG Shuts Down Three Units, Cuts Feed Gas Deliveries

Kinder Morgan Inc. has confirmed that a fire broke out May 11 in a mixed refrigerant compressor at its Elba Island liquefied natural gas (LNG) facility in Georgia, forcing it to shut down three liquefaction units that remain offline.

May 15, 2020

Kinder Morgan CEO Says Gulf LNG on Backburner, But Growth Opportunities Abound

Kinder Morgan Inc. (KMI) has placed the Gulf LNG (liquefied natural gas) export project on the backburner in favor of other growth opportunities, CEO Steve Kean indicated Wednesday during the firm’s analyst day.

January 31, 2020

Kinder Morgan CEO Says Gulf LNG on Backburner, But Growth Opportunities Abound

Kinder Morgan Inc. (KMI) has placed the Gulf LNG (liquefied natural gas) export project on the backburner in favor of other growth opportunities, CEO Steve Kean indicated Wednesday during the firm’s analyst day.

January 31, 2020
U.S. LNG Projects Ramp Up as Global Prices Take a Beating — Bonus Coverage

U.S. LNG Projects Ramp Up as Global Prices Take a Beating — Bonus Coverage

Various U.S. liquefied natural gas (LNG) export projects have gained traction this month as baseload liquefaction capacity continues to inch upward.

January 21, 2020
U.S. LNG Projects Ramp Up as Global Prices Take a Beating — Bonus Coverage

U.S. LNG Projects Ramp Up as Global Prices Take a Beating — Bonus Coverage

Various U.S. liquefied natural gas (LNG) export projects have gained traction this month as baseload liquefaction capacity continues to inch upward.

January 21, 2020

Kinder Readies Service for Fourth Elba Island LNG Train

A Kinder Morgan Inc. (KMI) affiliate has asked federal regulators for permission to bring into service a fourth liquefied natural gas (LNG) production unit at the Elba Island Liquefaction project in Georgia.

January 14, 2020

U.S. LNG Exports Rising as Gulf Coast Terminals Ramp Up — Bonus Coverage

Editor’s Note: Please enjoy this bonus coverage from NGI’s LNG Insight, which provides daily netback prices, pipeline flows into regional export facilities, shipping costs, vessel rates, and market-driven news and analysis. For a limited time, this service is free. Start receiving NGI’s LNG Insight today.

December 24, 2019
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