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Natural Gas Assets Sold To El Paso Pipeline Partners

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April 30, 2014

On April 28, El Paso Pipeline Partners LP (EPB) acquired, through a dropdown sale, 50% working interest in the Ruby Pipeline, 50% working interest in the Gulf LNG and 47.5% working interest in Young Gas Storage from Kinder Morgan Inc. (NYSE: KMI).

The 680-mile natural gas Ruby Pipeline runs from Wyoming to Oregon, the Gulf LNG terminal in Pascagoula, Miss. stores 6.6 billion cubic feet per day of LNG and Young Gas Storage, in Morgan County, Colo., can store about 6 billion cubic feet of natural gas.

The transaction is ...

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