Kinder Morgan Inc., the US pipeline giant transporting natural gas to LNG plants and to customers around America, reported a boost in demand from liquefaction plants and outlined progress on more Permian Basin natural gas for the Gulf Coast and on a greener gas supply plan.
Pembina Pipeline Corp., developer of the now blocked Jordan Cove LNG export plant in the US northwest state of Oregon, took a hit in its fourth-quarter earnings after the project was the first hydrocarbon venture stopped by the Biden Administration, though Pembina said Jordan Cove and two other ventures remained in its strategy.
Pembina Pipeline Corp., the Canadian infrastructure company, said there was still uncertainty surrounding the future of its Jordan Cove LNG export project in the northwest US state of Oregon as Pembina planned to take a natural gas pipeline one-off charge in the fourth quarter.