Kinder Morgan to spend $107M for Texas pipeline extension

06/3/2013 |

Kinder Morgan Energy Partners plans to extend its Kinder Morgan Crude and Condensate Pipeline in the Eagle Ford Shale formation in Texas to speed up the movement of oil products in the area. The line will be connected to a ConocoPhillips oil gathering hub in Karnes County, Texas. The expansion is expected to cost about $107 million.

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