The
industry
giants
are
to
modify
the
Elba
Express
pipeline
and
Elba
Island
LNG
terminal
from
import
to
export
facilities
as
the
country
looks
to
profit
from
its
shale
gas
revolution.
Shell
and
Southern
Liquefaction
Company,
an
offshoot
of
Kinder
Morgan-acquired
outfit
El
Paso
Pipeline
Partners,
are
to
form
a
company
to
develop
the
facility
near
Savannah,
Georgia
in
two
phases.
El
Paso
will
own
51%
of
the
venture
with
Shell
owning
the
remainder,
while
the
former
will
be
operator.
The
Anglo-Dutch
oil
giant
will
subscribe
to
100%
of
the
liquefaction
capacity.
"The
project…