LNG

Kinder Morgan Inc. (KMI) the leading US pipeline feed-gas company for liquefied natural gas plants and a key energy infrastructure developer, reported an increase in fourth-quarter net income and planned to expand its network to meet soaring LNG feed-gas demand.

The US expects to see the addition of up to 17 billion cubic feet per day of natural gas pipeline capacity by the year-end, mostly provided by takeaway capacity from supply basins for liquefied natural gas export facilities on the Gulf Coast of Louisiana and Texas and for pipelines to Mexico.