Kinder Morgan/Valero Place Parkway Pipeline into Service

  Kinder Morgan/Valero Place Parkway Pipeline into Service

 Pipeline expands fuel supply to eastern U.S. and brings economic benefits to
                                local regions

Business Wire

HOUSTON -- September 3, 2013

Construction of the approximately 141-mile, 16-inch diameter Parkway Pipeline,
a 50-50 joint venture between Kinder Morgan Energy Partners, L.P. (NYSE: KMP)
and Valero Energy Corp (NYSE: VLO), is complete and is now transporting
refined petroleum products from refineries in Norco, La., to an existing
petroleum transportation hub in Collins, Miss., owned by Plantation Pipe Line
Company. (Kinder Morgan owns 51percent of Plantation Pipe Line Company and
operates the system.) From this hub the products will be transported by
multiple pipeline systems, including Plantation, that serve major markets in
the eastern United States. The approximately $250 million pipeline system has
an initial capacity of 110,000 barrels per day (bpd) with the ability to
expand to over 200,000 bpd.

“We are pleased to have completed the construction of Parkway on schedule with
the help of good local working environments in both Louisiana and
Mississippi,” said KMP Products Pipelines President Ron McClain. “This is an
exciting project that provides greater connectivity between Gulf Coast
refineries and East Coast markets with new pipeline infrastructure while also
increasing local property tax revenues by almost $6 million.”

Parkway also generated approximately 1,200 temporary construction jobs at its
peak which resulted in workers supporting local businesses, housing and
support services.

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is a leading pipeline
transportation and energy storage company and one of the largest publicly
traded pipeline limited partnerships in America. It owns an interest in or
operates more than 54,000miles of pipelines and 180terminals. The general
partner of KMP is owned by Kinder Morgan, Inc. (NYSE: KMI). Kinder Morgan is
the largest midstream and the third largest energy company in North America
with a combined enterprise value of approximately $110billion. It owns an
interest in or operates approximately 80,000miles of pipelines and
180terminals. Its pipelines transport natural gas, gasoline, crude oil, CO[2]
and other products, and its terminals store petroleum products and chemicals
and handle such products as ethanol, coal, petroleum coke and steel. KMI owns
the general partner interests of 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.

Contact:

Kinder Morgan
Media Relations
Emily Mir, (713) 369-8060
emily_mir@kindermorgan.com
or
Investor Relations
(713) 369-9490
km_IR@kindermorgan.com
www.kindermorgan.com
 
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