Kinder Morgan Receives FERC Approval on Commercial Aspects of Palmetto Pipeline
Kinder Morgan, the largest energy infrastructure company in North America, announced last week that it had received approval from the Federal Energy Regulatory Commission (FERC) regarding the rates, terms and conditions of service for the proposed Palmetto Pipeline on May 1, 2015.
The Palmetto Pipeline will enable refined petroleum products to be transported from Baton Rouge, Louisiana, Collins and Pascagoula, Mississippi, and Belton, South Carolina, to North Augusta, South Carolina, Savannah, Georgia, and Jacksonville, Florida. The system will have a design capacity of up to 167,000 barrels per day and will consist of a segment of expansion capacity that Palmetto will lease from Plantation Pipe Line Company between Baton Rouge, Louisiana, and Belton, South Carolina. A new 360-mile pipeline from Belton, South Carolina, to Jacksonville, Florida, will also be constructed as part of the system.
“We are pleased to receive FERC approval, which allows us to advance the development of this important infrastructure project supporting distribution of domestically produced petroleum products,” said Kinder Morgan Products Pipelines President Ron McClain. “This milestone brings the company one step closer to its goal of delivering low-cost additional supplies of refined petroleum products and denatured fuel ethanol to pipeline-constrained markets in the southeastern United States.”