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KMP to Develop Utica Shale Pipeline

Kinder Morgan Energy Partners, L.P. (KMP) announced that its subsidiary, Kinder Morgan Cochin LLC, signed a letter of intent with NOVA Chemicals Corporation to develop a new $300 million products pipeline for the Utica Shale, coined Kinder Morgan Utica To Ontario Pipeline Access (UTOPIA).

The 210-mile pipeline is expected to be operational by mid-2017, with an initial capacity of 50,000 barrels per day. The pipeline will enable KMP to move product from multiple facilities in Harrison County, Ohio to Kinder Morgan’s Cochin Pipeline near Riga, Michigan, and ultimately, to Windsor, Ontario, Canada.