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  • Kinder Morgan Announces Commercial in Service of the First Unit at the Elba Island Liquefaction Facility
    édité le 04/10/2019 - Plus de news de "Kinder Morgan" - Voir la fiche entreprise de "Kinder Morgan"


Kinder Morgan Announces Commercial in Service of the First Unit at the Elba Island Liquefaction Facility
The Elba Liquefaction Company, L.L.C. (ELC), a joint venture between Kinder Morgan, Inc. and EIG Global Energy Partners (EIG), announced the commercial in service of the first of ten liquefaction units of the approximately $2 billion Elba Liquefaction project. Previously only a liquefied natural gas (LNG) import terminal, the Elba Island Liquefaction facility is now also able to produce LNG for export purposes. With the first unit in service, the company is now earning approximately 70 percent of the expected total daily revenue of the liquefaction units.

“This is a great milestone that was achieved with an exemplary safety record,” said Kinder Morgan Natural Gas South Region President Norman Holmes. “It is also an important step for the United States as the country becomes a key energy exporter.”

Progress is also being made on the remaining nine units. Startup activities are underway on the second and third units, the commissioning of units four through six is ongoing, and construction on the remaining units is largely complete. Under full development, the Elba Island Liquefaction facility is expected to have a total capacity of approximately 2.5 million tonnes per year of LNG for export, which is equivalent to approximately 350,000 Mcf per day of natural gas.

ELC, a KMI joint venture with EIG as a 49 percent partner, will own the liquefaction units and other ancillary equipment. Certain other facilities associated with the project are 100 percent owned by KMI. The project is supported by a 20-year contract with Shell, who is subscribed to 100 percent of the liquefaction capacity.

About Kinder Morgan, Inc.

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Our mission is to provide energy transportation and storage services in a safe, efficient and environmentally responsible manner for the benefit of people, communities and businesses. Our vision is delivering energy to improve lives and create a better world. We own an interest in or operate approximately 84,000 miles of pipelines and 157 terminals. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and our terminals transload and store liquid commodities including petroleum products, ethanol and chemicals, and bulk products, including petroleum coke, metals and ores.

About EIG

EIG is a leading institutional investor to the global energy sector with $23.3 billion under management as of June 30, 2019. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 37-year history, EIG has committed over $30.8 billion to the energy sector through more than 350 projects or companies in 36 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.


Origine : Communiqué Kinder Morgan

Voir la fiche entreprise de "Kinder Morgan"





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