Kinder Morgan Inc expects to bring the remaining nine units of its liquefied natural gas (LNG) export facility at Elba Island into service by the first half of next year, Chief Executive Officer Steven Kean said on Wednesday. The first unit of Kinder Morgan’s Elba Island facility began producing LNG natural gas for export last month, and is one of several new U.S. projects adding to global supplies. The company expects to end 2019 with adjusted pre-tax earnings 3% below its budget, with the delays contributing to the variance, Chief Financial Officer David Michaels said. …read more
Source:: Yahoo Finance
