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Press release from Business Wire

Kinder Morgan's Crude/Condensate Pipeline in Service

<p class='bwalignc'> <b>Company accepting nominations to move product from Eagle Ford Shale to Texas Gulf Coast</b> </p>

Thursday, June 14, 2012

Kinder Morgan's Crude/Condensate Pipeline in Service11:23 EDT Thursday, June 14, 2012 HOUSTON (Business Wire) -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced its Kinder Morgan crude/condensate pipeline (KMCC) is in service and available to transport volumes to the Houston Ship Channel. The approximately $215 million pipeline is supported by long-term contractual commitments and has a capacity of 300,000 bpd. The pipeline, which is comprised of 65 miles of new-build construction and 113 miles of converted natural gas pipeline, originates in the Eagle Ford Shale and delivers crude/condensate to multiple terminaling facilities that provide access to local refineries, petrochemical plants and docks on the Texas Gulf Coast. Including joint ventures and other projects, KMP's planned investments related to the Eagle Ford Shale now total more than $800 million. “We are pleased to offer Eagle Ford producers safe, reliable and efficient pipeline service to the Texas Gulf Coast,” said KMP Products Pipeline President Tom Bannigan. The project was completed on time and under budget and will be immediately accretive to cash available to KMP unitholders. In addition to its connectivity to third-party terminaling facilities, KMCC will tie into Kinder Morgan's planned petroleum condensate processing facility to be located near the company's Galena Park terminal on the Houston Ship Channel. This approximately $200 million facility will have an initial throughput capacity of 50,000 bpd, is being supported by a fee-based contract with a major oil customer and can be expanded up to 100,000 bpd. The project is in the final design phase and is expected to be in service by the first quarter of 2014. Kinder Morgan's other Eagle Ford assets include: Eagle Ford Gathering LLC – a joint venture with Copano Energy, LLC that provides natural gas gathering, transportation, processing and fractionation services to various customers; EagleHawk Field Services LLC – a joint venture between Kinder Morgan Energy Partners (25 percent) and a subsidiary of BHP Billiton (75 percent) which owns, operates and is actively developing natural gas and condensate gathering facilities; and Camino Real Gathering System – provides gas and oil gathering for producers. Kinder Morgan is the largest midstream and the fourth largest energy company (based on combined enterprise value) in North America with an enterprise value of over $90 billion. It owns an interest in or operates approximately 75,000 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. Kinder Morgan, Inc. (NYSE: KMI) owns the general partner interest of Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and El Paso Pipeline Partners, L.P. (NYSE: EPB), along with limited partner interests in KMP, Kinder Morgan Management, LLC (NYSE: KMR) and EPB. For more information please visit www.kindermorgan.com. 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.Joe Hollier, 713-369-9176Media RelationsJoe_hollier@kindermorgan.comorMindy Mills Thornock, 713-369-9490Investor RelationsMindy_thornock@kindermorgan.comwww.kindermorgan.com