IHS Chemical Week

People & Business :: Energy and Feedstocks

Kinder Morgan and BP Enter Into Condensate Processing and Storage Agreements

10:57 AM MDT | July 19, 2012 | Lindsey Bewley

Kinder Morgan and BP North America have announced long-term commercial agreements to provide BP condensate processing services and storage at Kinder Morgan’s terminals on the Houston Ship Channel. BP has committed over 40,000 barrels per day (bpd) of throughput at Kinder Morgan’s petroleum condensate facility, which will split condensate into components including light and heavy naphthas, kerosene and gas oil.   The $200-million facility has been designed to provide future processing expansions up to 100,000 bpd throughput, BP says. BP also will...

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