October 2019, Vol. 246, No. 10

Global News

Kinder Morgan Takes Final Bow Out of Canada

A year after selling its Trans Mountain Pipeline system and expansion project to Canada’s government for $4.5 billion, U.S. operator Kinder Morgan is making its final exit from the “Great White North” with the $3.3 billion sale of Kinder Morgan Canada and the Cochin Pipeline system to Calgary-based Pembina Pipeline.  Kinder Morgan Canada's Vancouver Wharves (Photo: KML) The deal includes a significant crude oil storage and terminaling business in Western Canada’s key energy complex in a period of exceptionally high regional demand. Assets include the Edmonton storage and terminal business and Vancouver Wharves, a bulk storage and ex

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