Kinder Morgan Takes Another Baby Step with Elba Island LNG
Kinder Morgan’s Elba Island LNG, situated along the Georgia coastline near Savannah, is supposed to launch the first of its 10 LNG export mini-trains by the end of first quarter this year, and have all 10 up and running by the end of the year (see Elba Island LNG Won’t be Fully Online Until “End of 2019”). Good news: FERC has just granted permission to begin flowing feed gas into the facility for testing.
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It seems the rather thick-headed governors from New England have finally woken up and understand their resistance to new natural gas pipelines has placed them in a pickle. The region, when it gets really cold (like over the next few days), gets really short on natural gas. Prices soar, supplies diminish, and people not only pay high natgas prices, but high prices for electricity, which gets generated by natgas. The govs have a plan to slap a Band Aid on the problem.
Our friends at NGI (Natural Gas Intelligence) have launched yet another helpful online price tracker. The NGI U.S. LNG Export Tracker keeps tabs on the amount of natural gas flowing into, and out of, six different LNG export facilities that either already are, or soon will be, exporting U.S. LNG.
We’re following up on a post we made last Thursday about a coming moratorium on new customer hookups for natural gas in Westchester and New York City (see 
We’ve been tracking a story since November about a new, smallish (but very important) LNG export plant coming to Bradford County, PA, to Wyalusing (see 
LNG is a big deal. We recently reported that New Fortress Energy (NFE) is planning to build an small LNG (liquefied natural gas) liquefaction plant in Wyalusing (Bradford County), PA in order to export Marcellus gas (see 
LNG (liquefied natural gas) is increasingly a critical part of the natural gas picture here in the U.S.–and in the Marcellus/Utica–as in exports of LNG. This year Dominion Energy’s Cove Point LNG export terminal in Maryland came online, and early next year Kinder Morgan’s Elba Island LNG export facility along the coast of Georgia is due to go online. Not only that, we now see a trend of setting up smaller LNG facilities inland, not situated along the coast, in places like northeastern Pennsylvania (see 
New York State is the biggest loser. In every sense. NG Advantage, which once tried to set up a virtual pipeline operation in the Town of Fenton (suburb of Binghamton, NY), has shaken the dust of New York off its shoes and has, instead, decided to build the facility (with millions in tax revenues and over 100 jobs) 25 miles across the border in Springville Township, Susquehanna County, PA–in the heart of Marcellus country. Good for NG! Nice people, and they deserved much better treatment than they got here in NY. We personally hoped and lobbied for NG to locate in the Town of Windsor, NY, where MDN is located. But alas, the experience they had with the Town of Fenton was so nasty, they decided to abandon any plans of locating a business in NY. Can’t say that we blame them. NY is about the most business unfriendly state in the Union.
Russian native Boris Brevnov, a former Enron executive, and banker Charles Ryan, a Radnor native who was once chief country officer in Moscow for Deutsche Bank, have just landed themselves a sweetheart deal with Philadelphia Gas Works to build a small LNG plant that will export Marcellus gas. The Philadelphia Gas Commission voted to approve a deal yesterday with Liberty Energy Trust. We frankly have mixed emotions about the news. We’re glad to see another LNG export facility, this one in PA (albeit quite small), but unhappy that these particular people are the ones building and operating it. Yes, there’s a lot of history to cover in this story.
Yesterday Kinder Morgan, one of (perhaps THE) country’s largest midstream company, issued guidance (their best guess) for how much money the company will make in 2019. Aimed at investors, of course. Usually these types of things are dry as toast, but we happened to notice the third sentence in the update which says Elba Island, Kinder’s LNG export facility on the coast of Georgia, along with the Gulf Coast Express pipeline project, will both enter service in 2019 and will help lead the company to record revenue–about 10% more revenue next year than was generated this year. Which got us to thinking once again about Elba Island, and the Marcellus molecules that will get exported from it. It also reminded us of a recent email exchange we had with a subscriber who swears that LNG shipments are already departing from the facility.
Earlier this month MDN brought you the exciting news that New Fortress Energy (NFE) is planning to build an LNG (liquefied natural gas) liquefaction plant in Wyalusing (Bradford County), PA in order to export Marcellus gas (see 