HOUSTON, Aug 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- Plantation Pipe Line Company
today reported that it has resumed limited service on its refined products
pipeline serving the southeastern United States. By utilizing existing
equipment and bypassing the Collins, Miss., pump station and tank farm,
Plantation has been able to restore about 150,000 barrels of capacity per day,
or nearly 25 percent of its average daily throughput. Normal operating
capacity will be available when electrical power to the Collins pump station
is restored. The facility is high on the list of essential services that
would receive priority attention, but a specific time as to when power will be
restored has not been determined. Assessment teams have confirmed that the
Collins facility and the rest of the Plantation system suffered no damage as a
result of the storm.
The Plantation Pipe Line system consists of 3,100 miles of pipelines that
serve about 120 terminals and transport gasoline, diesel and jet fuel to major
metropolitan areas in the southeastern U.S., including Birmingham, Ala.,
Atlanta, Ga., Charlotte, N.C., and the Washington, D.C. area. Plantation is
owned 51 percent and operated by Kinder Morgan Energy Partners, L.P. (NYSE:
KMP), one of the largest publicly traded pipeline limited partnerships in
America.
The general partner of KMP is owned by Kinder Morgan, Inc. (NYSE: KMI),
one of the largest energy transportation and storage companies in America.
Combined, the two companies have an enterprise value of almost $30 billion.
SOURCE Kinder Morgan Energy Partners, L.P.
Rick Rainey, Media Relations, +1-713-369-9452, or Mindy Mills, Investor Relations,
+1-713-369-9490, both of Kinder Morgan Energy Partners, L.P.