Permian Highway Pipeline Announces Binding Open Season for Expansion Project

Permian Highway Pipeline, LLC (PHP) today announced a binding open season to solicit commitments for an expansion project on its system. Upon achieving a final investment decision (FID), the project will increase PHP’s capacity by nearly 650 million cubic feet per day (MMcf/d). A foundation shipper has already executed long-term binding transportation agreements for half of this expansion capacity.

The project will involve primarily compression expansions on PHP to increase natural gas deliveries from the Waha area to multiple mainline connections, Katy, Texas and various U.S. Gulf Coast markets. Pending additional customer commitments, the target in-service date for the project is October 1, 2023.

The binding open season begins April 25, 2022, and ends May 13, 2022, at 5 p.m. Central Time, though PHP reserves the right to extend the open season as needed. Those interested in obtaining more detailed information about this open season can visit this page on the Kinder Morgan website or contact Enrique Valencia, Director of Business Development in Kinder Morgan’s Natural Gas group at 713.420.5017 or [e-mail].

PHP is jointly owned by subsidiaries of Kinder Morgan, Inc. (NYSE: KMI), Kinetik Holdings Inc. (NASDAQ: KNTK) and ExxonMobil (NYSE: XOM) with an ownership interest of 26.7%, 53.3% and 20%, respectively. Kinder Morgan Texas Pipeline (KMTP) is the operator of PHP.

About Kinder Morgan, Inc.

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient and environmentally responsible manner for the benefit of the people, communities and businesses we serve. We own an interest in or operate approximately 83,000 miles of pipelines, 141 terminals, and 700 billion cubic feet of working natural gas storage capacity. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO₂ and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, chemicals, ethanol, metals and petroleum coke. Learn more about our renewables initiatives on the low carbon solutions page at www.kindermorgan.com.