Kinder Aiming to Expand Natural Gas Transportation Business for Booming LNG Sector
Kinder Morgan Inc. is prepared to invest more in the near term as it aims to grow its market share of natural gas deliveries to U.S. LNG export facilities.
To that end, Kinder said it closed its $355 million acquisition of three landfill assets from Mas CanAm LLC. These include a renewable natural gas (RNG) facility in Arlington, TX, and medium-Btu facilities in Shreveport, LA, and Victoria, TX. The Arlington facility is expected to produce 1.4 Bcf of RNG in 2023 and has the potential to “grow significantly” over the next decade.