Kinder Morgan to Purchase Terminal Assets at the Port of Vancouver, Canada

    HOUSTON, April 3 /CNW/ -- Kinder Morgan Energy Partners, L.P. (NYSE:   KMP)
today announced it has entered into an agreement to purchase and operate
Vancouver Wharves, a bulk marine terminal, from British Columbia Railway
Company, a crown corporation owned by the Province of British Columbia.  The
Vancouver Wharves facility, located at the entrance to the Port of Vancouver,
consists of five vessel berths situated on a 139-acre site.  The terminal
assets include significant rail infrastructure, dry bulk and liquid storage,
and material handling systems which allow the terminal to handle over 3.5
million tons of cargo annually.  Vancouver Wharves also has access to three
major rail carriers connecting to shippers in western and central Canada, and
the U.S. Pacific Northwest.  The transaction is expected to close in the
second quarter of 2007.
    "Vancouver Wharves has a strong existing customer base and an excellent
location in the Port of Vancouver, and we are excited about the significant
growth and expansion opportunities this acquisition provides Kinder Morgan in
the Canadian market," said KMP Terminals President Jeff Armstrong.  "We also
feel these assets align well with our growing network of terminals and broaden
the services we can provide to our customers -- particularly related to the
growing Canadian oilsands production.  Upon closing, we expect the acquisition
to be immediately accretive to cash available for distribution to KMP
    Vancouver Wharves offers a variety of both inbound and outbound services
and presently handles four primary commodity groups: mineral concentrates,
pulp, agri-products and sulfur.  It is one of two major sulfur export
terminals in the Port of Vancouver and is the primary facility capable of
handling mineral concentrates such as copper, lead and zinc for the Canadian
mining industry.
    Kinder Morgan Energy Partners, L.P. is one of the largest publicly traded
pipeline limited partnerships in America.  KMP owns an interest in or operates
approximately 26,000 miles of pipelines and more than 150 terminals.  Its
pipelines transport more than 2 million barrels/day of gasoline and other
petroleum products and up to 7 billion cubic feet/day of natural gas.  Its
terminals handle over 90 million tons of coal and other dry-bulk materials
annually and have a liquids storage capacity of about 70 million barrels for
petroleum products and chemicals.  KMP is also the leading provider of CO2 for
enhanced oil recovery projects in North America.
    The general partner of KMP is owned by Kinder Morgan, Inc. (NYSE:   KMI),
one of the largest energy transportation, storage and distribution companies
in North America.  Combined, the two companies have an enterprise value of
more than $35 billion.
    This news release includes forward-looking statements. Although Kinder
Morgan believes that its expectations are based on reasonable assumptions, it
can give no assurance that such assumptions will materialize.  Important
factors that could cause actual results to differ materially from those in the
forward-looking statements herein are enumerated in Kinder Morgan's Forms 10-K
and 10-Q as filed with the Securities and Exchange Commission.

For further information:

For further information: Emily Mir Thompson, Media Relations, 
+1-713-369-8060, or Mindy Mills, Investor Relations, +1-713-369-9490, both of 
Kinder Morgan Energy Partners, L.P. Web Site:

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