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How Are Kinder Morgan’s Capital Projects Progressing?

Ruth King
How Are Kinder Morgan’s Capital Projects Progressing?

Kinder Morgan (KMI) made a final investment decision on the $2 billion Permian Highway Pipeline project in September. The company is developing the project in partnership with EagleClaw Midstream Ventures. Apache (APA) has the option to acquire an interest in the project from the initial partners—Kinder Morgan and EagleClaw Midstream Ventures. The above graph shows Kinder Morgan’s capital expenditure over the last four years.