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09/13/2010

Kinder Morgan Grows Natural Gas Treating Business with Acquisition of Gas-Chill, Inc.

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced it has acquired the assets of Gas-Chill, Inc., a company that manufactures and provides small mechanical refrigeration units (MRUs) for natural gas liquids recovery. The approximately $13 million acquisition allows Kinder Morgan Treating, a subsidiary of KMP, to quickly transport and install MRUs that enable customers to remove natural gas liquids from natural gas streams to meet pipeline hydrocarbon dew point specifications. Kinder Morgan Treating is the industry leader and largest provider of contract operated amine treating and hydrocarbon dew point conditioning plants. This acquisition, which was effective Sept. 1, complements Kinder Morgan Treating’s existing fleet of JT plants.

Bill Stokes, vice president of Kinder Morgan Treating, said, “The acquisition adds more than 100 MRUs located in 12 different states to our fleet. We are very happy to be bringing on board the Gas-Chill employees including trained service technicians that are available for service requirements 24/7.” Gas-Chill will continue to be based in Tyler, Texas.

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is a leading pipeline transportation and energy storage company in North America. KMP owns an interest in or operates approximately 28,000 miles of pipelines and 180 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store petroleum products and chemicals and handle bulk materials like coal and petroleum coke. KMP is also the leading provider of CO2 for enhanced oil recovery projects in North America. One of the largest publicly traded pipeline limited partnerships in America, KMP has an enterprise value of approximately $30 billion. The general partner of KMP is owned by Kinder Morgan, Inc., a private company. For more information please visit www.kindermorgan.com

This news release includes forward-looking statements. Although Kinder Morgan believes that its expectations are based on reasonable assumptions, it can give no assurance that such assumptions will materialize. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein are enumerated in Kinder Morgan’s Forms 10-K and 10-Q as filed with the Securities and Exchange Commission.

Contact:

Joe Hollier
Media Relations
(713) 369-9176

Mindy Mills
Investor Relations
(713) 369-9490
www.kindermorgan.com

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