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Press release from Business Wire

Trans Mountain Extends Expansion Open Season

Tuesday, March 27, 2012

Trans Mountain Extends Expansion Open Season14:00 EDT Tuesday, March 27, 2012 CALGARY (Business Wire) -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced that following a review of the commitments received through Kinder Morgan Canada's recent Trans Mountain expansion open season, it will extend the Open Season an additional two weeks commencing today, March 27. This will enable interested parties to provide additional binding volume commitments as a result of project scoping changes. The company intends to proceed with extensive and thorough consultation to expand the Trans Mountain Pipeline, once final commitments are known. As previously announced, the expansion open season, held between Oct. 20, 2011, and Feb. 16, 2012, received strong binding commercial support from a diverse group of shippers. For almost 60 years, the 1,150 km existing system has been safely and efficiently providing the only West Coast access for Canadian oil products, including about 90 per cent of the gasoline supplied to the British Columbia's interior and south coast. Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is a leading pipeline transportation and energy storage company in North America. KMP owns an interest in or operates approximately 29,000 miles of pipelines and 180 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store petroleum products and chemicals and handle such products as ethanol, coal, petroleum coke and steel. KMP is also the leading provider of CO2 for enhanced oil recovery projects in North America. One of the largest publicly traded pipeline limited partnerships in America, KMP and Kinder Morgan Management, LLC (NYSE: KMR) have an enterprise value of over $40 billion. The general partner of KMP is owned by Kinder Morgan, Inc. (NYSE: KMI). Combined, KMI, KMP and KMR constitute the largest midstream energy entity in the United States with an enterprise value of over $65 billion. For more information please visit This news release includes forward-looking statements.Although Kinder Morgan believes that its expectations are based on reasonable assumptions, it can give no assurance that such assumptions will materialize.Important factors that could cause actual results to differ materially from those in the forward-looking statements herein are enumerated in Kinder Morgan's Forms 10-K and 10-Q as filed with the Securities and Exchange Commission. Kinder Morgan Energy Partners, L.P.Andrew Galarnyk, (403) 514-6536Media RelationsorLexa Hobenshield, (604) 268-3013Media RelationsorMindy Mills Thornock, (713) 369-9490Investor