Kinder Morgan Begins Operation of the Utopia Pipeline System

Jan 23, 2018 10:28 am
HOUSTON -- 

Kinder Morgan, Inc. (NYSE: KMI) is pleased to announce the Utopia Pipeline has been placed into service, and product delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada, has commenced operation. The pipeline system extends approximately 270 miles and has an initial capacity of 50,000 barrels per day (bpd) and can be expanded to more than 75,000 bpd.

“We are extremely pleased to have placed the Utopia Pipeline into service,” said Don Lindley, president of Natural Gas Liquids, Products Pipelines for KMI. “The project team, in coordination with local, state and federal agencies, has done a tremendous job developing a project that provides ethane takeaway capacity from the Utica shale to the growing petrochemical industry while also maintaining an open dialogue with the local communities to support their needs and consider alternatives. This interaction and creativity developed a project that worked for multiple stakeholders.”

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. It owns an interest in or operates approximately 85,000 miles of pipelines and 152 terminals. KMI’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle such products as steel, coal and petroleum coke. It is also a leading producer of CO2 that we and others use for enhanced oil recovery projects primarily in the Permian basin. For more information please visit www.kindermorgan.com.

Important Information Relating to Forward-Looking Statements

This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934. Generally the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are generally not historical in nature. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although KMI believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance that any such forward-looking statements will materialize. Important factors that could cause actual results to differ materially from those expressed in or implied from these forward-looking statements include the risks and uncertainties described in KMI’s reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year-ended December 31, 2016 (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on our website at ir.kindermorgan.com. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, KMI undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements.

Kinder Morgan
Melissa Ruiz, (713) 369-8060
Media Relations
[email protected]
or
Investor Relations
(800) 348-7320
[email protected]
www.kindermorgan.com