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Kinder Morgan Partners (KMP) purchases ~20 acres adjacent to its Pasadena, Tex., terminal with...

Kinder Morgan Partners (KMP) purchases ~20 acres adjacent to its Pasadena, Tex., terminal with plans to expand terminal capacity and construct a new barge dock at the Houston Ship Channel. The terminal will be capable of handling 10 150K-bbl tanks with a connection to the Explorer Pipeline, while the new barge dock, which will provide additional capacity to handle up to 50 barges/month.
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Comments (2)
  • jerrywengler
    , contributor
    Comments (589) | Send Message
     
    Very strong move by KMP.
    13 May 2013, 04:27 PM Reply Like
  • aeroguy48
    , contributor
    Comments (756) | Send Message
     
    $5.1 million an acre? Damn I wished I could get that for my 1/2 acre homestead. I could be a billionaire, oh wait...
    13 May 2013, 08:13 PM Reply Like
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