Kinder Morgan said it plans to buy out partner Shell’s 49% interest in their natural gas JV Elba Liquefaction Co., bringing its share to 100%. The company said it expects the transaction to equal a $630 million investment, increasing its total stake in the small-scale modular LNG project in progress on Elba Island near Savannah, Georgia to about $2.1 billion.Pending regulatory approval, the 840-acre Elba Terminal will be constructed in two phases. The first......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.