CDN NEWS | 
US NEWS 
Richard KinderPhotographer: Aaron M. Sprecher/Bloomberg
Kinder Morgan Inc. billionaire co-founder Rich Kinder has shrugged off concerns in the US natural gas industry over the impact of tariffs on exports, and that demand forecasts related to artificial intelligence may be too optimistic.
Kinder said his company still sees a surge demand from AI and data centers. That comes despite the revelation earlier this year that Chinese AI startup DeepSeek purportedly uses just a fraction of the energy required by US rivals, news that prompted some analysts to reassess their projections.
Sentiment around US liquefied natural gas exports has also been hit in recent weeks after China put tariffs on US trade in retaliation for levies imposed by President Donald Trump.
Kinder, 80, said on his company’s quarterly earnings conference call late Wednesday that fears over the loss of exports to China are misplaced.
“Our view is that any loss of the Chinese market will be more than offset by the efforts of governments in the EU and Asia to increase the imports of US LNG to reduce trade imbalances and put themselves in a better negotiating position with regard to US tariffs,” he said.
Kinder Morgan’s supply deals with US LNG export facilities are supported with long-term contracts, he added.
Read More: DeepSeek Shows How Badly Energy Industry Needs AI for Growth
Share This:
