Kinder Morgan will spend US$1.5b in Houston project amid US shale boom
Mon, Sep 22, 2014 - 12:00 AM
Waterway: Kinder's expanding infrastructure includes a bit of almost everything at the increasingly crowded Houston Ship Channel (above) - all next door to the biggest concentration of refiners in the country. - PHOTO: BLOOMBERG
[HOUSTON] To capitalise on a flood of domestic and Canadian crude into the US Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than US$1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.