Kinder Morgan to build oil storage in Edmonton

June 23, 2006
Kinder Morgan Energy Partners LP unit Kinder Morgan Terminals Canada ULC, Calgary, plans to begin construction this summer on a $133 million (Can.) crude oil tank farm in Edmonton, Alta., just north of its Trans Mountain Pipeline oil storage facility.

By OGJ editors
HOUSTON, June 23 -- Kinder Morgan Energy Partners LP unit Kinder Morgan Terminals Canada ULC, Calgary, plans to begin construction this summer on a $133 million (Can.) crude oil tank farm in Edmonton, Alta., just north of its Trans Mountain Pipeline oil storage facility.

A Canadian unit of Chicago Bridge & Iron, The Woodlands, Tex., will construct the facility, which will begin operations in third quarter 2007.

The 2.2 million bbl site, which will contain nine tanks on 24 acres, will serve as a blending and storage hub for Canadian crude and will serve refining areas in British Columbia and Washington.

More than 20 incoming pipelines and several major outbound systems, including the 710-mile, 225,000 b/d Trans Mountain system, will access the facility.

Kinder Morgan has entered into long-term contracts with customers for all available capacity at the facility.