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Enterprise, Kinder Morgan to gauge demand for new pipelines

  • Enterprise Product Partners (NYSE:EPD) and Kinder Morgan Partners (KMI, KMP) are evaluating demand for two proposed crude oil pipelines serving the Utica region in Ohio and the Williston Basin region of North Dakota.
  • EPD announced late Thursday it would begin taking commitments from shippers for a proposed pipeline running from the Williston Basin to the trading hub in Cushing, Okla.; the 1,200-mile project would move 340K bbl/day of crude, expandable to more than 700K bbl/day.
  • KMI's project, the previously announced Utica to Ontario Pipeline Access project, will focus on ethane and ethane-propane mixture coming from the Utica area; it would transport an initial 50K bbl/day of refined natural gas liquids, with an option to expand to 75K.

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Enterprise Products Partners L.P. Common Units