Kinder Morgan

With binding commercial agreements in hand, Kinder Morgan Inc. (KMI) and Howard Energy Partners (HEP) have begun expanding their Eagle Ford Shale natural gas transportation systems to deliver up to 2 Bcf/d by year’s end to Gulf Coast markets. Kinder Morgan Tejas Pipeline LLC and HEP’s joint venture Dos Caminos LLC said Wednesday they had…

Some relief could be on the horizon for Bakken Shale oil producers facing punishingly low prices for their associated natural gas, as efforts to add takeaway capacity out of the basin are advancing. North Dakota Pipeline Authority Director Justin Kringstad provided an update on two projects during a press briefing on June 13. Kinder Morgan…

‘Tis the season for pipeline maintenance, with a host of planned events fueling gains for some natural gas markets, according to NGI’s Forward Look. May forward prices averaged 5.0 cents higher from March 30-April 5, while the balance of summer (May-October) went unchanged from the prior period. The winter strip (November-March) also barely moved at…

Nearly a year after receiving federal approval, Kinder Morgan Inc. has sanctioned the 2 Bcf/d Evangeline Pass pipeline project that would feed Venture Global LNG Inc.’s Plaquemines LNG export facility. In a call with investors to discuss 4Q2022 earnings earlier this month, CEO Steven Kean said Kinder is moving forward with the $678 million Evangeline…

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…

Dragged lower by an upward swing in production, moderating weather and an ongoing curtailment of feed gas deliveries to the Freeport LNG facility, natural gas forward prices crumbled during the trading period from Sept. 15 to Sept. 21. Steep declines of more than 70 cents extended from the October contract through the winter season (November-March),…

Rising natural gas gathering volumes in the Haynesville and Eagle Ford shales boosted the bottom line during the second quarter for Kinder Morgan Inc., which is now looking to grow its supplies for U.S. LNG exports. Gas gathering volumes during 2Q2022 were up 12% year/year, led by a 15% increase in Haynesville volumes and a…

A Kinder Morgan Inc. (KMI) subsidiary has launched an open season to gauge shipper interest in expanding a pipeline system that transports natural gas from the Permian Basin to South Texas markets. Gulf Coast Express Pipeline LLC (GCX) said the expansion could boost capacity on the Permian conduit by nearly 570 MMcf/d, pending a final…

Permian Highway Pipeline LLC (PHP) this week launched a binding open season to solicit commitments for a project that would expand its capacity by about 650 MMcf/d, pending a final investment decision. The expansion would bring PHP’s total capacity to about 2.75 Bcf/d. Co-owner Kinder Morgan Inc. (KMI) announced the open season. Kinder Morgan Texas…