SOURCE: Industrial Info Resources
January 31, 2013 06:30 ET
SUGAR LAND, TX--(Marketwire - Jan 31, 2013) - Written by Edward Weatherly for Industrial Info Resources (Sugar Land, Texas) -- Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) and Shell U.S. Gas & Power LLC, a subsidiary of Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, Netherlands), have agreed to modify Southern Liquefaction Company LLC's Elba Island liquefied natural gas (LNG) receiving & regasification terminal. The agreement will convert the LNG receiving terminal into a bi-directional LNG facility by constructing a new natural gas liquefaction plant at the existing facility, which is near Savannah, Georgia. The new LNG production plant will be able to produce 2.5 million tons per year of LNG for export, approximately equal to 350 million cubic feet per day of natural gas.
Other featured companies: ExxonMobil (NYSE:XOM), Cheniere Energy Incorporated's (NYSE MKT:LNG), Apache Corporation (NYSE:APA).
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