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

|About: Kinder Morgan Energy Partne... (KMP)|By:, SA News Editor

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.