Kinder Morgan Condensate Processing Facility
Kinder Morgan Energy Partners is building a petroleum condensate processing facility near its Galena Park terminal on the Houston Ship Channel. The approximately $360 million project, which is supported by a long-term, fee-based agreement with BP North America, involves Kinder Morgan constructing two units to split condensate into its various components, such as light and heavy naphtha, kerosene, diesel and gas oil. The facility’s total capacity is 100,000 barrel per day (bpd) and can be further expanded pending additional market interest. Kinder Morgan’s investment also includes the company building almost 2 million barrels of storage capacity at its Galena Park Terminal for product that will be transported from the condensate facility through new piping, manifolds and pumps.