Non-Binding Open Season Announced for the Kinder Morgan Gulf Coast Express Pipeline Project

Pipeline solution provides takeaway capacity for prolific Permian Basin

Wednesday, March 22, 2017 10:00 am EDT

Dateline:

HOUSTON

Public Company Information:

NYSE:
KMI
US49456B1017
"We believe Agua Dulce is a natural destination for incremental Permian production due to the existing and planned pipeline infrastructure in that area."

HOUSTON--(BUSINESS WIRE)--Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), today announced the start of a non-binding open season for firm natural gas transportation service on its proposed Gulf Coast Express Pipeline Project, which will provide an outlet for increased natural gas production from the Permian Basin to growing markets along the Texas Gulf Coast. The project is designed to transport up to 1,700,000 dekatherms per day of natural gas through approximately 430 miles of 42-inch pipeline from the area near Waha, Texas, to Agua Dulce, Texas. The pipeline will be in service in the second half of 2019, subject to shipper commitments.

Natural gas supply will be sourced into the project from multiple locations, including existing receipt points along KMI’s KMTP and El Paso Natural Gas pipeline systems in the Permian Basin, a proposed interconnection with the Trans-Pecos Pipeline, and additional interconnections to both intrastate and interstate pipeline systems in the Waha area. Deliveries of natural gas into the Agua Dulce area will include points into KMTP’s existing Gulf Coast network, KMI-owned intrastate affiliates (KM Tejas and KM Border pipelines), the Spectra Valley Crossing pipeline, the NET Mexico header, and multiple other intrastate and interstate natural gas pipelines.

“The Gulf Coast Express Pipeline Project connects growing natural gas supplies in the Permian Basin with expanding markets for natural gas on the Texas Gulf Coast, including export markets via liquefied natural gas and deliveries into Mexico, while providing shippers flow assurance and margin enhancement through a wide variety of interconnecting pipelines,” said Kinder Morgan Natural Gas Midstream President Duane Kokinda. “We believe Agua Dulce is a natural destination for incremental Permian production due to the existing and planned pipeline infrastructure in that area.”

The open season bid period begins on March 22, 2017, and ends at 5 p.m. Central Time on April 20, 2017. Interested parties should submit their written request for the Non-Binding Bidding Guidelines to Dave Grisko, vice president of business development for Kinder Morgan’s Natural Gas Midstream group, at david_grisko@kindermorgan.com or (713) 369-9870.

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. It owns an interest in or operates approximately 84,000 miles of pipelines and 155 terminals. The company’s pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store and handle petroleum products, chemicals and other products. For more information please visit www.kindermorgan.com.

Important Information Relating to Forward-Looking Statements

This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934. Generally the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are generally not historical in nature. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although Kinder Morgan believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance that any such forward-looking statements will materialize. Important factors that could cause actual results to differ materially from those expressed in or implied from these forward-looking statements include the risks and uncertainties described in Kinder Morgan’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year-ended December 31, 2016 (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on our website at ir.kindermorgan.com. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, Kinder Morgan undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements.

Contact:

Kinder Morgan, Inc.
Media Relations
Melissa Ruiz, (713) 369-8060
melissa_ruiz@kindermorgan.com
or
Investor Relations
(713) 369-9490
km_ir@kindermorgan.com
www.kindermorgan.com

#Hashtags

$Cashtags

NYSE

Kinder Morgan (NYSE: KMI)
$

Media Contacts

U.S.

Melissa Ruiz
(713) 369-8060
Melissa_Ruiz@kindermorgan.com

Sara Hughes
(713) 369-9176
Sara_Hughes@kindermorgan.com

Lexey Long
(713) 420-4644
Lexey_Long@kindermorgan.com

Canada

media@transmountain.com
(855) 908-9734

For general and business questions click on Contact Us.

Investor Relations Contacts

Investor Relations
(713) 369-9490
(800) 324-2900
km_ir@kindermorgan.com
1001 Louisiana Street, Suite 1000
Houston, Texas  77002

Shareholder Services

ComputerShare
Information for investors with shares held direct through transfer agent. For shares held at a brokerage, investors should contact their investment advisor.
KMI:  (800) 847-4351
ComputerShare website

KMP:  (800) 519-3111
KMR:  (877) 373-6374
EPB:  (888) 417-4835