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May 16, 2013
16:21 EDTKMP, MSBHYKinder Morgan's Tennessee Gas, Mitsubishi Corp sign transportation agreement
Tennessee Gas Pipeline Company, a unit of Kinder Morgan Energy (KMP), has signed a binding, 20-year firm transportation precedent agreement with Mitsubishi Corporation (MSBHY) to ship 600,000 dekatherms per day of natural gas earmarked for the proposed Cameron LNG liquefaction facility in Hackberry,LA, which is slated to begin LNG exports in the 2H17. Mitsubishi will serve as the foundation shipper for TGP's Southwest Louisiana Supply Project, which is designed to provide transportation from various supply basins in Ohio, Pennsylvania, Texas and Louisiana to Cameron Interstate Pipeline, which connects directly to the Cameron LNG Terminal. Kinder Morgan does not own Cameron Interstate Pipeline or the Cameron LNG facility.
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