LNG

Kinder Morgan Inc (KMI), the leading US pipeline feed-gas company for liquefied natural gas plants and a key energy infrastructure developer, reported third-quarter net income of $576 million, up from $495M in the prior-year quarter, as the executive team forecast a continuing and deepening LNG boom on the Gulf Coast.

The American Gas Association, the industry group representing over 200 utility companies delivering natural gas throughout the US, said its members had recently invested $3.8 million per day on energy efficiency programs.