• Kinder Morgan entered a joint venture with Phillips 66, HF Sinclair for the proposed Western Gateway refined products pipeline system.
• Ownership set at 35.1% for Kinder Morgan, 49.9% for Phillips 66, 15% for HF Sinclair; partners took final investment decision.
• Project targets a 1,300-mile system from St. Louis and Gulf Coast supply into Arizona, California; designed capacity 230,000 barrels per day.
• Enterprise value about $5 billion; Kinder Morgan to contribute SFPP East, West Line assets valued at about $1.5 billion.
• Kinder Morgan to add about $250 million cash; project targets completion in 2029, subject to permits and regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinder Morgan Inc. published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.