KM Launches Open Season For Light Crude Oil Service

July 2009 Vol. 236 No. 7

Kinder Morgan Energy Partners, L.P. launched an open season to solicit market interest for its Cochin Bakken Crude Project, which would enable the pipeline to offer a new service for light crude oil transportation from the Bakken producing region in North Dakota to destination points in Minnesota, Michigan and Ohio.

Subject to shipper support, regulatory approval and necessary capital improvements, Bakken crude oil shipments could begin as soon as Feb. 1, 2011, and Kinder Morgan could move up to 30,000 bpd.

Kinder Morgan is seeking binding commitments from interested customers for contract terms of three or five years, with service beginning Feb. 1, 2011.
“This proposed expansion gives shippers in the Bakken producing region a significant and cost-effective alternative to move their crude oil to markets in the upper Midwest and beyond,” said Tom Bannigan, president of Kinder Morgan’s Products Pipelines group.