NEB Establishes Generic Process to Address Provincial and Municipal Permit Issues Regarding Trans Mountain Expansion Project
Press Press
January 18, 2018
HOUSTON–Kinder Morgan, Inc. (NYSE: KMI) is pleased with the National Energy Board’s (NEB) decision today setting down a generic process to hear any future motions as they relate to provincial and municipal permitting issues.
“Creation of a process that is open, fair and provides certainty for all parties is good news and is an important component of the assurances we need for the successful execution of the Trans Mountain Expansion Project,” said Ian Anderson, President of Kinder Morgan Canada Limited.
Kinder Morgan is committed to continuing to work with local authorities in good faith and will be reviewing the decision in more detail.
“Creation of a process that is open, fair and provides certainty for all parties is good news and is an important component of the assurances we need for the successful execution of the Trans Mountain Expansion Project”
The NEB and the Government of Canada considered timing and schedule in their determination that the Project is in the public’s interest. Timely execution of the Project is necessary for Trans Mountain to provide the needed transportation capacity to access global oil markets and maximize related economic benefits to all Canadians including local, regional and Aboriginal communities.
Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. It owns an interest in or operates approximately 85,000 miles of pipelines and 152 terminals. KMI’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle such products as steel, coal and petroleum coke. It is also a leading producer of CO2 that we and others use for enhanced oil recovery projects primarily in the Permian basin. For more information please visit www.kindermorgan.com.
Contact:
Kinder Morgan, Inc.
Media Relations
Dave Conover, 713-369-9407
dave_conover@kindermorgan.com
or
Investor Relations
800-348-7320
km_ir@kindermorgan.com
www.kindermorgan.com
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