Text Size:
A | A

Kinder Morgan Energy Partners Increases Ownership To 100% In El Paso Natural Gas Pipeline, Midstream Assets

Text Size: A | A
March 4, 2013

Houston-based Kinder Morgan Energy Partners LP (NYSE: KMP) has completed the previously announced acquisition (drop down) of 50% of El Paso Natural Gas Company LLC (EPNG) and 50% of former El Paso Midstream assets in Utah and South Texas from Kinder Morgan Inc. (NYSE: KMI). The transaction has a total value of approximately $1.655 billion, including ...

Member Benefits:

  • Daily Unconventional News and Exclusives
  • Quarterly Playbooks and Special Reports on Emerging Plays
  • Access to Databases: Activity by Play, Completions and Rig Counts
Become a Member
Already a subscriber? Log In
Password

Related Articles

API: Bipartisan Support For Keystone XL Continues To Grow

The organization's president referred to a letter signed by a dozen Democratic senators urging the swift approval of the pipeline.

Encana Continues To Gut Gas Portfolio With Sale Of US-Based LNG Unit

The divestment and an $1.8 billion sale in March of Wyoming gas properties follows its strategy to forgo gas for liquids growth.