Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Kinder Morgan project aims to ease Houston Ship Channel congestion
Fuel Fix ^ | May 14, 2013 | Laura Goldberg

Posted on 05/14/2013 10:31:16 AM PDT by thackney

inder Morgan Energy Partners said this week it would spend $106 million to buy about 20 acres next to its Pasadena terminal, build nine new storage tanks and build a new barge dock that is expected to help relieve current barge congestion in the Houston Ship Channel.

The land will be used for a future crude condensate and refined products terminal capable of handling 10 150,000-barrel tanks with a connection to the Explorer Pipeline.

The new barge dock, which will complement existing infrastructure at the Pasadena terminal, will provide additional capacity to handle up to 50 barges per month.

And the storage tanks will have a total capacity of 1.2 million barrels, under long-term customer agreements.

“We are excited to add this new infrastructure that will enhance the largest petroleum storage facility in North America benefiting both our base and new customers,” John Schlosser, president of Kinder Morgan Terminals, said in a statement.

Houston-based Kinder Morgan Energy Partners is one the largest publicly traded pipeline limited partnerships in the U.S.


TOPICS: News/Current Events; US: Texas
KEYWORDS: energy
Quite a busy place

https://maps.google.com/maps?q=kinder+morgan&hl=en&sll=29.729875,-95.214558&sspn=0.059552,0.098362&t=h&hq=kinder+morgan&z=14

1 posted on 05/14/2013 10:31:16 AM PDT by thackney
[ Post Reply | Private Reply | View Replies]

To: thackney

Fascinating company

Founder left Enron at the right time

Pipeline owners basically who charge a toll


2 posted on 05/14/2013 10:40:21 AM PDT by wardaddy (wanna know how my kin felt during Reconstruction in Mississippi, you fixin to find out firsthand)
[ Post Reply | Private Reply | To 1 | View Replies]

To: wardaddy

Yes, they don’t own the products, they move and store them.


3 posted on 05/14/2013 10:41:54 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 2 | View Replies]

To: thackney

My family was a major sub for Brown and Root...way back when

Did many a river crossing for Panhandle Eastern

Our specialty..... getting large pipelines over rivers

Bechtel....Fluor....Morrison Knudsen....many of those old giants long gone assimlated


4 posted on 05/14/2013 10:45:38 AM PDT by wardaddy (wanna know how my kin felt during Reconstruction in Mississippi, you fixin to find out firsthand)
[ Post Reply | Private Reply | To 1 | View Replies]

To: thackney

A new competitor for Hofti...


5 posted on 05/14/2013 10:58:40 AM PDT by Eric in the Ozarks (NRA Life Member)
[ Post Reply | Private Reply | To 3 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson