Kinder Morgan, Imperial Oil to Build Edmonton Crude Oil Rail Terminal

Kinder Morgan Energy Partners L.P. KMP and Imperial Oil (IMO) today announced a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. The facility will be built on heavy industrial-zoned land approximately one-half kilometer southwest of Kinder Morgan's Edmonton storage terminal, on land adjacent to Imperial's Strathcona Refinery. The Edmonton Rail Terminal is currently being designed as a crude oil loading terminal capable of loading one to three unit trains per day totaling 100,000 barrels per day at startup, with the potential to expand to approximately 210,000 barrels per day, and ultimately to 250,000 barrels per day. See full press release