Rising demand for natural gas fuels infrastructure boom! Kinder Morgan (KMI.US) invests $4.7 billion in two major pipeline projects

According to Zhitong Finance APP, US pipeline operator Kinder Morgan (KMI.US) announced on Wednesday that it has approved a total investment of $4.7 billion in two major natural gas pipeline joint venture projects. The company will bear its respective share of these investments, which are based on the continuously increasing demand from power plants, data centers, and liquefied natural gas (LNG) exporters. These projects have driven Kinder Morgan's natural gas project reserves to a record high, highlighting the industry's broader efforts to expand infrastructure to meet the rising demand.