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Kinder Morgan Canada shareholders on Tuesday backed the pipeline operator's decision to pause most work on its Trans Mountain expansion as a way to force the Canadian government to give final ...
The Trans Mountain Pipeline System, or simply the Trans Mountain Pipeline (TMPL), is a multiple product pipeline system that carries crude and refined products from Edmonton, Alberta, to the coast of British Columbia, Canada. [1] [2] The corporation was created in 1951, construction began in 1952, and operations commenced in 1953.
Kinder Morgan Canada Ltd's third-quarter profit surged as it recorded a one-time gain of C$1.31 billion from the sale of its TransMountain pipeline. Its parent, U.S.-based Kinder Morgan Inc ...
Kinder Morgan Energy Partners (KMP) was founded in 1997 when a group of investors acquired the general partner of a small, publicly traded pipeline limited partnership (Enron Liquids Pipeline, L.P.) later renamed Kinder Morgan Energy Partners, L.P. [3] Its cofounder Rich Kinder had been the president of Enron.
FILE PHOTO: Steel pipe to be used in the oil pipeline construction of Kinder Morgan Canada's Trans Mountain Expansion Project sit on rail cars at a stockpile site in Kamloops, British Columbia ...
According to Kinder Morgan, expanding the existing pipeline would have been cheaper than Northern Gateway and avoided opposition as experienced by the Enbridge's project. [ 22 ] As an alternative, some indigenous groups proposed Eagle Spirit Pipeline from northern Alberta to the Prince Rupert area on the BC coasts.
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Based on combined enterprise value, Kinder Morgan is the third-largest energy company in North America. We tend to associate the giant with its 75,000 miles of pipelines, but in reality its ...