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.

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Kinder Morgan Inc., the US pipeline giant transporting natural gas to LNG plants and to customers around America, said it now provided 50 percent of the feed-gas used by US LNG export plants and was planning more pipeline expansions to serve liquefaction facilities.

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Kinder Morgan Inc., the US pipeline giant transporting natural gas to LNG plants and to customers around America, has taken a positive investment decision to expand the Permian Highway Pipeline (PHP) expansion project after securing binding firm transportation agreements for all available capacity.

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Kinder Morgan, the US pipeline and energy company, said it had taken the final investment decision with partners to proceed with the $1.7-billion Gulf Coast Express Pipeline Project that will boost natural gas supplies from the Permian Basin for LNG export plants and domestic users after having secured sufficient firm transportation agreements with shippers.

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US pipeline operator Kinder Morgan and two other companies have signed an accord to develop the Gulf Coast Express Pipeline Project as an outlet for increased natural gas production from the Permian Basin for LNG export plant developers in Texas and for the Mexican pipeline market.

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