Kinder Says Co. in Discussions to Provide Extra 5 Bcf/d of NatGas

Kinder Morgan (KM), owner and operator of the mighty Tennessee Gas Pipeline along with many other pipeline systems, issued its second quarter update yesterday. It was clear from the materials and the comments made during the conference call that KM is high on natural gas. The company believes natgas has a rosy future, and KM is investing to expand pipelines to flow more natgas. On the call, company CEO Kim Dang said, "[W]e're having commercial discussions on over 5 Bcf a day of opportunities related to power demand, and that includes the 1.6 of data center demand." She went on to say the company believes the growth in natural gas production and use between now and 2030 will be "well in excess of the 20 Bcf a day." Another 20 Bcf/d in the next five years!

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