Kinder Morgan Energy Partners has announced that it will build, own and operate a petroleum condensate processing facility near its Galena Park terminal on the Houston Ship Channel. With an initial throughput of 25,000bpd and a design that provides for future expansions of up to 100,000bpd, the USD 130 million project will split condensate into its various components such as light and heavy naphthas, kerosene and gas oil.
A major oil industry customer is underwriting, through a fee structure, the initial throughput of the facility. The pipeline, which will transport crude/condensate from the Eagle Ford Shale in south Texas to the Houston Ship Channel, will consist of almost 70mi of new-build construction and 113mi of converted natural gas pipeline. Construction on the pipeline began this week and Kinder Morgan expects it to be in service in the second quarter of 2012.
A major oil industry customer is underwriting, through a fee structure, the initial throughput of the facility. The pipeline, which will transport crude/condensate from the Eagle Ford Shale in south Texas to the Houston Ship Channel, will consist of almost 70mi of new-build construction and 113mi of converted natural gas pipeline. Construction on the pipeline began this week and Kinder Morgan expects it to be in service in the second quarter of 2012.