Kinder Morgan Announces Commercial in Service of the First Unit at the Elba Island Liquefaction Facility
Kinder Morgan, Inc. (KMI)
Last kinder morgan, inc. earnings: 4/22 04:05 pm
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US:NYSE Investor Relations:
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Source: Business Wire
Startup activities are underway on the second and third units HOUSTON--(BUSINESS WIRE)--The Elba Liquefaction Company, L.L.C. (ELC), a joint venture between Kinder Morgan, Inc. (NYSE: KMI) and EIG Global Energy Partners (EIG), announced today 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 und
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