Kinder Morgan Delays Trans Mountain, Expects Progress on Other Key Projects in 2018
SUGAR LAND--January 19, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite a solid operational performance for most of 2017, Kinder Morgan Incorporated (NYSE:KMI) (KMI) (Houston, Texas) and Kinder Morgan Canada Limited (TSX:KML) (KML) (Calgary, Alberta) took hits toward the end of the year from the short-term effects of the recently passed U.S. tax bill and an "unmitigated delay" to KML's widely anticipated Trans Mountain Pipeline Project. The two entities are involved in $22.7 billion worth of active projects, according to Industrial Info's project database, which include more than $7.6 billion worth that are expected to begin construction and more than $1.2 billion worth that are expected to finish construction in 2018.
Within this article: Details on some of KMI and KML's most widely anticipated projects, including the Trans Mountain Pipeline Project and the Elba Island LNG Terminal.
Other companies featured: Royal Dutch Shell plc (NYSE:RDS.A)
