22.10.2009 13:45:00
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Kinder Morgan Honored by EPA for Participating in Natural Gas STAR Program
Kinder Morgan today announced that it has received the Continuing Excellence Award for its participation in the United States Environmental Protection Agency’s (EPA) Natural Gas STAR Program. The Natural Gas STAR Program is a voluntary partnership between the EPA and the oil and gas industry. The Continuing Excellence Award recognizes a partner’s outstanding performance over multiple years in reducing methane emissions, identifying and implementing new emission-reducing technologies and practices, and supporting the overall objectives of the Natural Gas STAR program. In 2006, Kinder Morgan was recognized as the Natural Gas STAR Transmission Partner of the Year.
"This award from EPA demonstrates Kinder Morgan’s continued commitment to the reduction of methane emissions and we are very pleased to be once again recognized for our contributions,” said Dwayne Burton, vice president of operations for Kinder Morgan’s natural gas pipelines. "The Natural Gas STAR Program is a great example of a program that makes good environmental and business sense, as we have been able to protect the environment and achieve operational efficiencies.” Kinder Morgan operates over 25,000 miles of natural gas pipelines.
In 2008, Kinder Morgan implemented several technologies and operational practices that resulted in methane emission reductions of 3,469,719 thousand cubic feet. These reductions were achieved through the installation of new electric motor driven compressors and gas turbines, using compressors to pump down pipeline sections prior to maintenance activities, implementation of directed inspection and maintenance programs and other methane emission reduction practices. More information about Kinder Morgan’s environmental programs is provided at www.kindermorgan.com.
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is a leading pipeline transportation and energy storage company in North America. KMP owns an interest in or operates more than 28,000 miles of pipelines and 170 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store petroleum products and chemicals and handle bulk materials like coal and petroleum coke. KMP is also the leading provider of CO2 for enhanced oil recovery projects in North America. One of the largest publicly traded pipeline limited partnerships in America, KMP has an enterprise value of approximately $25 billion. The general partner of KMP is owned by Kinder Morgan, Inc., a private company, www.kindermorgan.com.
This news release includes forward-looking statements. Although Kinder Morgan believes that its expectations are based on reasonable assumptions, it can give no assurance that such assumptions will materialize. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein are enumerated in Kinder Morgan’s Forms 10-K and 10-Q as filed with the Securities and Exchange Commission.
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