Kinder Morgan’s natural gas transport volumes were down 2 percent compared to the fourth quarter of 2019.
There were notable volume declines on Colorado Interstate Gas Pipeline and Wyoming Interstate Pipeline due to the production declines in the Rockies basin, and on El Paso Natural Gas due to increases in transportation alternatives for Permian basin production.
These declines were partially offset by: increased volumes on the Texas Intrastate systems due primarily to increased Gulf Coast contract activity largely serving LNG and industrial markets; on Tennessee Gas Pipeline driven by increased LNG and power plant deliveries sourced largely from the Appalachian region on Elba Express due to increased deliveries to Elba Island.
Natural gas gathering volumes were down 20 percent from the fourth quarter of 2019 across nearly all systems, most notably on the KinderHawk and Eagle Ford systems.
Kinder Morgan said: “Continued low refined products demand and lower crude and condensate volumes during the fourth quarter reduced contributions from the Products Pipelines segment.”
Crude and condensate pipeline volumes were down 26 percent and total refined products volumes were down 13 percent compared to the fourth quarter of 2019. Gasoline volumes were below the comparable period last year by 10 percent and jet volumes were still very weak (down 47 percent) but diesel volumes were strong, 7 percent above the fourth quarter of 2019.
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