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Kinder Morgan OK to begin startup process for Elba Island LNG

Published 02/04/2019, 02:32 PM
© Reuters.  Kinder Morgan OK to begin startup process for Elba Island LNG
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  • Kinder Morgan (KMI -0.5%) wins approval from the Federal Energy Regulatory Commission begin a weeks-long commissioning process for the first production unit at its Elba Island liquefied natural gas export terminal in Savannah, Ga.
  • In a Friday order, the FERC gave KMI permission to start introducing natural gas into equipment at the company's $2B liquefied natural gas plant.
  • KMI hopes to have the first of 10 production units being built on the Elba Island facility in service by the end of Q1; the facility will be able to produce up to 2.5M metric tons/year of LNG once all 10 are operational.
  • Now read: Kinder Morgan's CO2 Segment For Sale? Despite Real Challenges Its Value Is Underappreciated


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