KM Energy Partners/Valero Complete Parkway Pipeline

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Construction of the 141-mile, 16-inch Parkway Pipeline, a 50-50 joint venture between Kinder Morgan Energy Partners, L.P. and Valero Energy Corp., is complete and transporting refined petroleum products from refineries in Norco, LA to an existing petroleum transportation hub in Collins, MS owned by Plantation Pipe Line Co. Kinder Morgan owns 51% of Plantation Pipe Line and operates the system. From this hub the products will be transported by multiple pipeline systems, including Plantation, that serve major markets in the East. The $250 million pipeline system has initial capacity of 110,000 bpd with the ability to expand to more than 200,000 bpd.
  “We are pleased to have completed the construction of Parkway on schedule with the help of good local working environments in both Louisiana and Mississippi,” said KMP Products Pipelines President Ron McClain. “This is an exciting project that provides greater connectivity between Gulf Coast refineries and East Coast markets with new pipeline infrastructure while also increasing local property tax revenues by almost $6 million.”