Magnolia LNG signs pipeline agreement with Kinder Morgan
Liquefied Natural Gas Limited (LNG Ltd) announced that Magnolia LNG has signed a gas pipeline interconnect agreement (PIA) with Kinder Morgan Louisiana Pipeline (KMPL).
The agreement outlines the technical scope and specifications for gas supply to the Magnolia LNG plant. It defines each of the parties’ obligations in relation to the design, procurement, construction, installation, operations, maintenance and ownership of the facilities.
Commenting on the agreement, Maurice Brand, LNG Ltd CEO, said: “The Kinder Morgan Louisiana Pipeline is an existing interstate gas pipeline system that traverses the Magnolia LNG plant site. Magnolia has already entered into a legally binding agreement with KMLP to access 1.4 billion ft3/d of capacity over a 20-year term. This capacity is sufficient for Magnolia LNG to produce its full 8 million tpy design capacity.”
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquefaction/28012015/magnolia-lng-and-kinder-morgan-in-pipeline-agreement-124/
You might also like
INEOS and Covestro LNG-linked gas supply agreement
INEOS and Covestro have announced a long-term agreement for the supply of natural gas for up to eight years, starting in 2027.