HOUSTON--(BUSINESS WIRE)--Jun. 30, 2009--
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced that
Plantation Pipe Line Company is the first pipeline company in the United
States to transport biodiesel for commercial purposes. Plantation
completed the first transmarket commercial shipment of blended 5 percent
biodiesel (B5) on a mainline segment of the pipeline. The company
injected B99 into ultra low sulfur diesel at Plantation’s Collins,
Miss., pump station and breakout tank farm creating a 15,000 barrel
batch of B5 that it then shipped to marketing terminals located in
Athens, Ga., and Roanoke, Va. Upon receipt of the product at both
facilities, Kinder Morgan performed testing on samples from the batch
and found that the samples arrived on specification.
“We believe the blending and transportation of biodiesel by pipeline
will have significant advantages for our customers when compared to the
alternative of installing capital intensive blending facilities at
individual marketing terminals,” said KMP Products Pipeline President
Tom Bannigan. “Kinder Morgan is responding to customers’ needs for
blending and transporting biodiesel to meet federal regulatory
In addition to Athens and Roanoke, the company will be able to move
blended B5 to the following markets along Plantation:
Birmingham and Oxford, Ala.
Bremen and Atlanta, Ga.
Belton and Spartanburg, S.C.
Charlotte and Greensboro, N.C.
Kinder Morgan also is optimistic that it will be able to ship blended
biodiesel on Plantation’s Tennessee lateral serving both Chattanooga and
Knoxville. The company believes jet fuel currently moving on this
lateral can readily be supplied into these markets by means other than
Plantation which would open the door for shipment of a blended biodiesel
on this lateral line.
Bannigan added, “Kinder Morgan is initially focusing on moving blended
biodiesel on segments of the Plantation system that transport only
gasoline and diesel because of concerns about possible “trailback” of
biodiesel into subsequent jet fuel batches. If we can work through these
issues, we will evaluate the possibility of moving blended biodiesel to
every market on the Plantation system.”
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is a leading pipeline
transportation and energy storage company in North America. KMP owns an
interest in or operates more than 26,000 miles of pipelines and 170
terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2
and other products, and its terminals store petroleum products and
chemicals and handle bulk materials like coal and petroleum coke. KMP is
also the leading provider of CO2 for enhanced oil recovery
projects in North America. One of the largest publicly traded pipeline
limited partnerships in America, KMP has an enterprise value of over $20
billion. The general partner of KMP is owned by Knight Inc. (formerly
Kinder Morgan, Inc.), a private company.
This news release includes forward-looking statements. Although
Kinder Morgan believes that its expectations are based on reasonable
assumptions, it can give no assurance that such assumptions will
materialize. Important factors that could cause actual results to
differ materially from those in the forward-looking statements herein
are enumerated in Kinder Morgan’s Forms 10-K and 10-Q as filed with the
Securities and Exchange Commission.
Source: Kinder Morgan Energy Partners, L.P.
Kinder Morgan Energy Partners, L.P.