Kinder Morgan Plans to Retain Ownership of Elba Island, Gulf LNG Terminals Following Acquisition of El Paso

Kinder Morgan CEO Rich Kinder told World Gas Intelligence [subscription required] that his company will retain ownership of the Elba Island and Gulf LNG terminals once Kinder Morgan completes its acquisition of El Paso. Kinder noted that the terminals are within Kinder Morgan’s usual business model since they are “fee based and fully subscribed.”

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