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Stock Market & Financial Investment News

News Breaks
November 14, 2012
12:01 EDTKMI, KMPEl Paso Natural Gas signs long-term contract to build new pipeline
El Paso Natural Gas, owned by Kinder Morgan Energy (KMP) and Kinder Morgan (KMI), has entered into a 25-year transportation precedent agreement in connection with plans to build a new pipeline to serve customers in Mexico. Terms call for EPNG, acting through its affiliate Sasabe Pipeline Company, to initially provide approximately 200M cubic feet per day of firm transportation capacity via a new, 60-mile, 36-inch diameter lateral pipeline that would extend from EPNG's existing south mainlines, near Tucson, Ariz., to the U.S.-Mexico border, terminating at Sasabe, Ariz. The proposed Sasabe Pipeline would interconnect via a new international border crossing with a 36-inch diameter natural gas pipeline to be built in Mexico. It is anticipated that FERC certificate and presidential permit applications will be filed in early 2013. Subject to regulatory approvals, construction of the Sasabe Lateral would begin in the first quarter of 2014, with anticipated in-service in September 2014.
News For KMP;KMI From The Last 14 Days
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August 27, 2015
07:57 EDTKMIPlatts to hold a conference
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August 25, 2015
12:08 EDTKMIOptions with increasing volume: EXC POM MDLZ EWJ WBA MW F KMI
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August 17, 2015
16:53 EDTKMIOn The Fly: Top stock stories for Monday
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07:23 EDTKMISpectra making bid for whole of Williams Companies, Reuters reports
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August 16, 2015
17:34 EDTKMI, KMPKinder Morgan to settle pipeline payout case for $27.5M, Bloomberg says
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