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From: rnsmth	6/1/2019 9:35:47 AM
	of 34328

Kinder Morgan Permian project clears key regulatory hurdle May 31, 2019 6:12 PM ET\|About: Kinder Morgan, Inc. (KMI)\|By: Carl Surran, SA News Editor Kinder Morgan's (NYSE: KMI) proposed pipeline expansion project connecting Natural Gas Pipeline Company's existing system to the Waha Hub in the Permian Basin wins a positive environmental assessment from the Federal Energy Regulatory Commission. FERC says the 17-mile pipeline would not pose a significant environmental impact, contingent on implementation of its recommended mitigation measures. The Lockridge Extension Pipeline would provide as much as 500K dt/day of incremental southbound capacity from Waha to NGPL's Trans-Pecos Pipeline, where it would target export demand from Mexico. The Lockridge expansion is one of three KMI projects, along with the 2B cf/day Gulf Coast Express and the 2.1B cf/day Permian Highway Pipeline, targeting growing demand for new production takeaway capacity from the Permian Basin.

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