Kinder Morgan Begins Service at BOSTCO Oil Terminal on Houston Ship Channel

HOUSTON--(BUSINESS WIRE)--Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced commercial operations are underway for phase one at the 185-acre Battleground Oil Specialty Terminal Company, LLC (BOSTCO) project on the Houston Ship Channel. Approximately 20 of the 51 storage tanks built during phase one construction are being placed into service this month, and the remaining tanks will come online during the next six months. A two-berth ship dock and 12 barge berths are also scheduled to be in service this month. A joint venture of KMP (which owns a 55 percent interest in and will operate the facility) and TransMontaigne Partners L.P. (NYSE: TLP), the almost $500 million BOSTCO terminal is fully subscribed for a total capacity of 7.1 million barrels (including the project's phase two expansion) and is able to handle ultra low sulfur diesel, residual fuels and other black oil terminal services.