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Technology Stocks : KMI- a fallen high dividend yielder - for how long?
KMI 21.05-2.6%Jul 24 4:00 PM EDT

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To: robert b furman who wrote (139)12/11/2021 10:38:26 AM
From: robert b furman3 Recommendations

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More proof that the articles detailing KMI's stagnant revenue growth is, are hit jobs on KMI and its growing multiple opportunities.

Natural gas for electricity generation domestically, displacing coal

Pipe line Natural gas exports to Mexico

Natural gas being converted into LNG to a craving world short in fossil fuels for heating in the winter

Growing emerging market needs for plastics and chemicals via export

Primary geographic location of their operations in the fastest population growing state in the US - Texas.

Collectively an ongoing growth machine for their many different pipelines/products.

Dec. 9, 2021

The U.S. will lead the world in liquefied natural gas export capacity by the end of 2022, according to a new Energy Department report, putting Houston LNG companies and the Gulf Coast at the center of the global industry.

The U.S. is expected to surpass Australia and Qatar when new units come online next year at Cameron Parish, La., terminals owned by Houston LNG company Cheniere Energy, the nation's top exporter, and Virginia-based Venture Global.

U.S. LNG peak production in November was estimated at 11.6 billion cubic feet per day, the Energy Department said. By the end of 2022, that is expected to grow to 13.9 billion cubic feet per day. Estimates put Australia's peak production at 11.4 billion cubic feet per day and Qatar's at 10.4 billion cubic feet per day, according to the Energy Department.

The vast amount of natural gas produced in the Permian Basin has led to a vast expansion of LNG operations along the Texas and Louisiana coasts, employing thousands from Brownsville to Corpus Christi and Houston to east of Port Arthur. The growing number of terminals have injected billions of dollars into the economies of the two states.

The LNG produced here is often bound for countries in Europe and Asia, where it is replacing coal as a key source of affordable energy.

"As the world looks to reduce emissions and make good on Paris and COP26 commitments, we believe U.S. LNG will play a vital role," said Charlie Riedl, executive director at the Center for Liquefied Natural Gas. "DOE’s announcement is a testament to our industry’s ambitious climate goals. Thanks to an enormous supply of natural gas, LNG exports are helping to grow U.S. climate leadership, drive down global greenhouse gas emissions and bring reliable baseload energy to people living in poverty, all while making valuable contributions to our economy."

Train 6 at Cheniere's Sabine Pass facility, which began producing LNG in late November, adds up to 760 million cubic feet per day of export capacity to the facility. The first export cargo from train 6 is expected to be shipped before the end of this year.

At Venture Global's Calcasieu Pass, production is expected to start before the end of this year. The new facility will have a capacity of up to 1.6 billion cubic feet per day.

In addition, the U.S. Federal Energy Regulatory Commission in October approved requests to increase LNG production at Sabine Pass and at Corpus Christi LNG terminals by a combined 700 million cubic feet per day.

U.S. LNG peak export capacity will further increase to an estimated 16.3 billion cubic feet per day in 2024 when construction of Golden Pass LNG near Port Arthur, the eighth U.S. LNG export facility, begins operating.

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