Kinder Morgan subsidiary to construct, own and operate the newly announced, $300 million Utica to Ontario Pipeline Access (UTOPIA) project

Houston-based Kinder Morgan Partners recently announced that its subsidiary, Kinder Morgan Cochin LLC, has signed a letter of intent with Calgary, Alberta, Canada-based NOVA Chemicals Corp. to develop a new products pipeline from the Utica shale play. Under the terms of the agreement, Kinder Morgan Cochin, LLC will "develop, own and operate a 210-mile, 10-inch-diameter pipeline from multiple fractionation facilities in Harrison County, Ohio, to Kinder Morgan's Cochin Pipeline near Riga, Michigan, where the company will then move product via Cochin east to Windsor in Ontario, Canada." The proposed $300 million Utica to Ontario Pipeline Access (UTOPIA) would transport previously refined or fractionated natural gas liquids and is anticipated to be in service by mid-2017. For more, read the full news release.

National, Ohio