Kinder Morgan Boosts Ownership In BOSTCO Project to 98%

Kinder Morgan Energy Partners, L.P. has purchased TransMontaigne Partners L.P.’s 50% interest in the Battleground Oil Specialty Terminal Company, LLC (BOSTCO) project. KMP now owns 98% of BOSTCO and began construction Dec. 14 on the $430 million oil terminal located on the Houston Ship Channel. The remaining 2% will be held by a customer at the BOSTCO facility.