Products Pipelines - Kinder Morgan

Kinder Morgan Condensate Processing FacilityStrategic Value• Engineered for Eagle Fordproduction• Supports volume demand forKMCC• Integrated connectivity torefining, petchem, pipeline andmarine facilitiesFacility Specifications• $200 Million Initial Project• Processing Unit and 1.2 MBbl ofnew tankage on 60 acres withinKM’s Galena Park Terminal• BP committed exclusively for 10years to the initial capacity of 42MBbl/d of the 50MBbl/d capacity• Estimated in-service April 2014Further Opportunities• Design provides for a second unitand tanks to double total capacityto 100 MBbl/d• Phase 2 cost estimate at$150MM to $170MM• Negotiating with counterparty tocommit volumes to Phase 2• Expect to conclude Phase 2negotiations in the first quarter of201313