Media Relations
Canada - Philippe Reicher (403) 514-6450
U.S. - Larry Pierce (713) 369-9407
Investor Relations
Mindy Mills
(713) 369-9490
www.kindermorgan.com
KINDER MORGAN CANADA COMPLETES JASPER SECTION OF
THE TRANS MOUNTAIN PIPELINE’S ANCHOR LOOP PROJECT
CALGARY, Alberta, April 28, 2008 – Kinder Morgan Canada (KMC) is pleased to
announce that it has completed the construction and commissioning of the Jasper section of
the Anchor Loop project. The new 97-km of 30 and 36-inch pipeline in addition to two
new pump stations will increase the capacity of the Trans Mountain pipeline system from
260,000 bpd to 285,000 bpd by the end of April, 2008, a full seven months ahead of the
original schedule.
The remaining portion of the Anchor Loop will be in service by November 2008
with the completion of the 61-km Mount Robson section in British Columbia.
“This is a very important milestone for the project and the industry as a whole”
states Ian Anderson, President, Kinder Morgan Canada. “And while we still have an
important segment to complete, the completion of the Jasper spread is the culmination of
years of efforts in the planning and execution of a very complex pipeline project. Aside
from significant construction challenges created by the mountainous and rugged terrain we
encountered, the project had to adhere to very stringent environmental requirements to
work in a UNESCO designated World heritage site. Significant environmental reclamation
and monitoring work, including of wildlife, will go on for many years to come. We will
continue to work closely with all regulators and stakeholders to ensure we leave a positive
legacy in Jasper National Park.”
Anderson goes on to say, “Our success in bringing on this important additional oil
pipeline capacity ahead of schedule was only possible with the committed involvement of
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our regulatory agencies, in particular the National Energy Board and our lead contractor
North American Pipeline Construction.”
Greg Fenton, Superintendent, Jasper National Park of Canada recognized the efforts
and complexity of the project in “thanking Kinder Morgan Canada for their commitment
towards environmental stewardship while working in such a sensitive and special place. Their
work met the most stringent environmental standards, and although the initial pipeline work is
finished, we are committed to working with Kinder Morgan in the restoration work of these
lands, to help preserve them for future generations.”
Town of Jasper’s Mayor Richard Ireland also saw positive benefits from the project.
“Kinder Morgan Canada employees and contractors have been enthusiastic, engaged and valued
members of our community for the past year,” said Mayor Richard Ireland. “Based on their
considerable contributions to date, we are confident their lasting legacy will be equally positive
and appreciated.”
The C$485 million Anchor Loop project is the second major expansion phase of the
Trans Mountain pipeline system that will see the system’s capacity increase from 260,000
to 300,000 barrels per day by the end of 2008. The Trans Mountain pipeline system is the
only direct pipeline link between Alberta’s oil producing regions and west coast markets of
North America.
For more information on Kinder Morgan Canada’s Trans Mountain pipeline system
expansion, please visit: www.tmxproject.com.
Kinder Morgan Canada operates the 1,150-kilometer (710-mile) Trans Mountain
pipeline system that transports crude oil and refined products from Edmonton, Albert a, to
marketing terminals and refineries in the greater Vancouver area, British Columbia and
Puget Sound in Washington state.
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 more than 25,000 miles of pipelines and 165 terminals. Its pipelines transport
natural gas, gasoline, crude oil, CO 2 and other products, and its terminals store petroleum
products and chemicals and handle bulk materials like coal and petroleum coke. KMP is
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also the leading provider of CO 2 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 over $20 billion. The general partner of KMP is owned by Knight Inc.
(formerly Kinder Morgan, Inc.), a private company.
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. 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 forwardlooking statements herein are enumerated in Kinder Morgan’s Forms 10 -K and 10-Q as
filed with the Securities and Exchange Commission.
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