Kinder Morgan (KMI 1.03%) moved one step closer to exporting LNG out if its Elba terminal in Savannah, Ga., after announcing its master limited partner El Paso Pipeline Partners (EPB +0.00%) joint venture with a subsidiary of Royal Dutch Shell (NYSE: RDS-B). While the joint venture announcement moves Kinder Morgan one step closer to taking advantage of the cheap natural gas supply in North America, the project is far from certain. Approval from the Federal Energy Regulatory Commission (FERC) is still needed and while the debate over what should be done with the cheap natural gas in the U.S. rages on, it could be years before this country grants its blessing on the project.
Kinder Morgan Finds Partner for LNG Export
By Joel South and Taylor Muckerman – Jan 28, 2013 at 9:47PM
NYSE: KMI
Kinder Morgan
Market Cap
$60B
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(-1.03%) $0.28
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$26.81
Price as of November 19, 2025 at 3:58 PM ET
Kinder Morgan will be partnering with Shell to carry out its LNG exportation plans.
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Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.
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