Kinder Morgan Delays Trans Mountain, Expects Progress on Other Key Projects in 2018

Kinder Morgan Delays Trans Mountain, Expects Progress on Other Key Projects in 2018

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)

Subscribe Now!(All Fields Required)

Standard Membership - Free