LNG

Kinder Morgan, the US natural gas pipeline operator and stakeholder in LNG exports and projects, reported first-quarter net income of $1.40 billion compared was a net loss of $306M in the prior-year quarter and said a new Louisiana pipeline expansion to serve Train 6 at Sabine Pass LNG was on track.

The Elba Island LNG liquefaction plant in the state of Georgia, the sixth US export facility to start up, was expected to load its first cargo after coming on stream in October.