Kinder Morgan Partners (KMP -0.4%) reduces the size of its planned $4.1B Trans Mountain pipeline...

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

Kinder Morgan Partners (KMP -0.4%) reduces the size of its planned $4.1B Trans Mountain pipeline expansion in Canada after signing fewer contracts with shippers than expected. The contracts call for 510K bbl/day capacity, but that's ~150K less than KMP had previously announced, due to a few shippers failing to obtain their boards’ approvals.