Kinder Morgan Partners (NYSE:KMP) and truck and rail operator Watco plan to team with Swiss oil trader Mercuria to build a 210K bbl/day crude-by-rail terminal in Houston, the latest bet on railcars to ease bottlenecks in U.S. oil markets. The facility will have the capability to handle three large train units/day of crude oil and condensate, plus barge offloading capacity of up to 100K bbl/day.
Kinder Morgan Partners (NYSE:KMP) and truck and rail operator Watco plan to team with Swiss oil...
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Symbol | Last Price | % Chg |
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KMP | - | - |
Kinder Morgan Energy Partners L.P |