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Friday, March 29, 2024

Kinder Morgan, BP form Fuel Storage JV

Maritime Activity Reports, Inc.

October 20, 2015

Kinder Morgan to buy 15 terminals in $350 mln deal.

BP Plc will sell 15 fuel storage terminals in the United States to pipeline company Kinder Morgan Inc in a $350 million deal, as it sheds assets to pay for liabilities arising from its 2010 Gulf of Mexico oil spill.

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