A Trusted Data Source for Supply & Demand Side Intelligence

Forgot your login?

Enter the e-mail address you used when you registered an account with IIR Energy.

A message will be sent to the E-Mail Address found in our records containing the associated username(s) as well as instructions for a password reset.

E-Mail:
Also, what is 29 + 5?

Forgoing Canadian Asset, Kinder Morgan Expands U.S. Midstream Natural Gas Footprint

Forgoing Canadian Asset, Kinder Morgan Expands U.S. Midstream Natural Gas Footprint

SUGAR LAND--October 18, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Midstream operator Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) has plans afoot. In the just-passed third quarter, the company announced that it would be selling its 70% interest in Canadian branch Kinder Morgan Limited (KML) (TSX:KML) (Calgary, Alberta) as well as the U.S. portion of the Cochin multi-product pipeline system to Pembina Pipeline Corporation (NYSE:PBA) (Calgary) for more than $1.5 billion. Kinder Morgan plans to use the funds to reduce debt, but also "to invest in attractive projects," according to Chief Executive Officer Steve Kean. The company's backlog of projects is situated squarely in the U.S. natural gas sector. Industrial Info is tracking more than $15 billion in active Kinder Morgan projects.

Within this article: Details of Kinder Morgan pipelines and LNG facilities

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)