Kinder Morgan Energy Partners, L.P. (NYSE: KMP) announced the launch of a binding open season to solicit market interest for its Cochin Reversal Project, which would enable the company to offer a new service to move light condensate from Kankakee County, Ill., to existing terminal facilities near Fort Saskatchewan, Alberta, Canada.
The project involves Kinder Morgan modifying the western leg of its Cochin Pipeline to connect to the Explorer Pipeline Company in Kankakee County and to reverse the product flow to move the condensate northwest to Fort Saskatchewan. Subject to ...