Magnolia LNG, Kinder Morgan sign gas pipeline interconnect agreement
PERTH, Australia -- Liquefied Natural Gas Limited’s wholly owned subsidiary, Magnolia LNG, has executed a gas pipeline interconnect agreement (PIA) with Kinder Morgan Louisiana Pipeline (KMLP), which sets out the technical scope and specifications for gas supply to the Magnolia LNG plant.
The PIA defines each parties’ obligations in relation to the design, procurement, construction, installation, operations, maintenance and ownership of the facilities.
Liquefied Natural Gas Limited’s Managing Director and CEO, Maurice Brand, said that “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 Bcfd of capacity over a 20-year term. This capacity is sufficient for Magnolia LNG to produce its full 8 mtpa design capacity.”
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