Kinder Morgan Receives DoE Approval for Increased LNG Exports
Kinder Morgan (KMI) has received approval from the U.S. Department of Energy to increase LNG exports from its Elba Island plant by 22%, raising its authorized capacity to 130 Bcf/year. This follows a global LNG supply crunch due to the U.S.-Iran conflict and the Strait of Hormuz blockade. The move is expected to help meet rising demand, particularly in Asia.
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Topics: energy infrastructure LNG exports regulatory approval supply chain disruptions