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Kinder Morgan Energy Partners - Targa Resources Partners to Expand Fractionation Capacity in Texas to Support the Utica Marcellus Texas NGL Pipeline

HOUSTON--(BUSINESS WIRE)--Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and Targa Resources Partners LP (NYSE: NGLS) today announced they have signed a letter of intent to form a joint venture to construct new natural gas liquids (NGL) fractionation facilities at Mont Belvieu, Texas, to provide services for producers in the Utica and Marcellus Shale resource plays in Ohio, West Virginia and Pennsylvania.