Kinder Morgan CEO: TGP a Star, Gulf Coast Benefits from Marcellus

Kinder Morgan (KM) and its various subsidiaries is the country’s largest pipeline company and fourth-largest energy company of any kind. KM Energy Partners issued a “first six months of 2014” update yesterday (that’s what we call it anyway). The news continues to be good for KM. Chairman and CEO Richard D. Kinder said the company’s Tennessee Gas Pipeline in particular is a star performer for the company: “TGP’s services continue to be in high demand due primarily to ongoing growth in the Marcellus and Utica shale plays. Earnings were boosted by a number of TGP expansion projects that came online last November, along with the approximately $175 million Utica Backhaul project which began service in April.” He also said the Gulf Coast is hugely benefiting from the Marcellus/Utica…

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