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Kinder Morgan Completes Contracts for Cochin NGL

10:14 AM MDT | June 18, 2012 | —Lindsey Bewley

Kinder Morgan has completed a binding open season for its $225-million Cochin pipeline reversal project, which will move light natural gas liquids (NGL) condensate from Kankakee County, IL to existing terminal facilities near Fort Saskatchewan, AB. The open season allows buyers to secure volumes of NGL condensate from the pipeline. The company received more than 100,000 bbl/day of binding commitments for a minimum 10-year term. “The strong commercial support we received demonstrates the need for cost-effective access to light condensate from both the Eagle...

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