Kinder

Finding qualified workers to build the massive Rockies Express Pipeline (REX) has pushed the cost of the eastern leg of the project up 11%, or $500 million, Kinder Morgan Energy Partners (KMP) confirmed last week.

Finding qualified workers to build the massive Rockies Express Pipeline (REX) has pushed the cost of the eastern leg of the project up 11%, or $500 million, Kinder Morgan Energy Partners (KMP) confirmed Tuesday.

FERC staff sent a letter Friday to Rockies Express Pipeline LLC (REX) saying timely completion of the final environmental impact statement (FEIS) review of the last leg of the 1,678-mile project, known as REX-East, could be in jeopardy.

Kinder Morgan Interstate has lifted injection restrictions for all of its storage services (ISS, NNS, FSS and SCS) and for Storage Park & Loan (S-PALS) service that were implemented in late August.

Oneok Partners LP said it has completed the purchase of an interstate natural gas liquids (NGL) and refined petroleum products pipeline system from a subsidiary of Kinder Morgan Energy Partners LP for approximately $300 million. The system extends from Bushton and Conway in Kansas to Chicago and transports, stores and delivers a full range of NGLs and refined products.

Southern Star Central Gas Pipeline Inc. is contemplating a new interstate natural gas pipeline to connect the developing Fayetteville Shale basin in Central Arkansas to Kinder Morgan’s Rockies Express Pipeline LLC (REX) in Audrain County, MO, the company said Friday.

Southern Star Central Gas Pipeline Inc. is contemplating a new interstate natural gas pipeline to connect the developing Fayetteville Shale basin in Central Arkansas to Kinder Morgan’s Rockies Express Pipeline LLC (REX) in Audrain County, MO, the company said last Friday.

Kinder Morgan Inc. subsidiary Natural Gas Pipeline Company of America (NGPL) is holding a binding open season for incremental storage capacity in its 2009 expansion project, which, as planned, will provide an additional 10 Bcf of firm capacity.

Kinder Morgan Energy Partners (KMP) reported Thursday that net income before certain items in the first three months of 2007 was $216.3 million versus $246.7 million for the same period a year ago. Net income including certain items was slightly less at $214.9 million compared with $246.7 million in 1Q2006. The certain items in 1Q2007, adding up to the loss of $1.4 million, included refinancing debt at the Red Cedar Gathering Co. and insurance costs and recoveries associated with hurricanes Katrina and Rita.