Kinder Morgan to pipe Permian gas

USA

HOUSTON, March 23, 2017 – Kinder Morgan Texas Pipeline (KMTP) aims to capitalise on the projected increase in natural gas production across the Permian basin with a new pipeline project, the Kinder Morgan subsidiary said late on Wednesday.

 

KMTP has proposed to build a 692-kilometre gas pipeline from the area near Waha, Texas, to Agua Dulce, located some 55 kilometres to the west of Corpus Christi.

“The Gulf Coast Express Pipeline Project connects growing natural gas supplies in the Permian Basin with expanding markets for natural gas on the Texas Gulf Coast, including export markets via liquefied natural gas and deliveries into Mexico, while providing shippers flow assurance and margin enhancement through a wide variety of interconnecting pipelines,” Duane Kokinda, Kinder Morgan’s president for natural gas midstream operations, said in a press release.

The bidding for use of the 42-inch pipeline, designed to transport the equivalent of some 48.1 mcm (1.7 bcf) of natural gas per day, will be open until April 20, KMTP concluded.

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