Updates
March 5, 2017: update here. KMI retains its original 51%. "Flips" 49% stake it bought from Shell in 2015 to ELC. Project now estimated to cost $1.3 billion.
Original Post
From Houston Bizjournal:
Houston-based Kinder Morgan Inc. announced June 2 that it has received approval from the the Federal Energy Regulatory Commission for its new $2 billion liquefied natural gas project in Georgia.
The development, dubbed the Elba Liquefaction Project, will be at Kinder Morgan's existing Elba Island LNG Terminal near Savannah, Georgia. It is expected to have a total capacity of 2.5 million tonnes per year of LNG for export, which is equivalent to about 350 million cubic feet per day of natural gas.
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