Kinder Morgan and BP North America Enter into Long-Term Agreements Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and BP North America (NYSE: BP) today announced the execution of long-term commercial agreements to provide BP condensate processing services and storage at Kinder Morgan’s terminals located on the Houston Ship Channel. BP has committed over 40,000 barrels per day (bpd) of throughput at Kinder Morgan’s petroleum condensate facility which will split condensate into various components such as light and heavy naphthas, kerosene and gas oil. The approximately $200 million facility has been designed to provide future processing expansions up to 100,000 bpd throughput. BP also will lease an additional 750,000 barrels of storage that Kinder Morgan will add at its Galena Park terminal. The expansion is part of Kinder Morgan’s approximately $75 million investment to construct five tanks that will connect to its condensate facility with new piping, manifolds and pumps. Kinder Morgan expects the new storage tanks and condensate facility to be in service in the first quarter of 2014. “BP is proud to participate in a project that helps unlock additional domestic energy production and offers US Producers an alternative home for their condensate barrels,” said Paul Reed, Chief Executive of BP’s integrated supply and trading business. “This long-term commitment demonstrates BP’s desire to provide its customers with flexibility in managing their feedstock and product needs and enhances our strategic relationship with Kinder Morgan.” “We are pleased to enter into these contracts with BP, which reflect continued strong demand to bring Eagle Ford Shale production to the Gulf Coast,” said Tom Bannigan, president of Kinder Morgan’s Products Pipelines. “Our splitter facility combined with our Eagle Ford to Houston crude/condensate pipeline and associated Houston Ship Channel storage facilities offer customers like BP unparalleled connectivity to the full range of Gulf Coast markets including refineries, chemical companies, gasoline blenders, outbound pipelines and marine facilities.” About BP BP has invested more in the United States over the last five years than any other oil and gas company. With more than $52 billion in capital spending between 2007 and 2011, BP invests more in the U.S. than in any other country. The company is the second largest producer of oil and gas in the U.S., a major oil refiner and a leader in alternative energy sources including wind power and biofuels. BP provides enough energy each year to light the entire country. With 23,000 U.S. employees, BP supports nearly a quarter of a million domestic jobs through its business activities. For more information, view our BP in America animation video www.bp.com About Kinder Morgan Kinder Morgan is the largest midstream and the fourth largest energy company (based on combined enterprise value) in North America with a combined enterprise value of ap

1. BP Holdings

2. Kinder Morgan and BP North America Enter
into Long-Term Agreements
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and BP North America (NYSE: BP)
today announced the execution of long-term commercial agreements to provide BP
condensate processing services and storage at Kinder Morgan’s terminals located on
the Houston Ship Channel. BP has committed over 40,000 barrels per day (bpd) of
throughput at Kinder Morgan’s petroleum condensate facility
which will split condensate into various components such as light and heavy
naphthas, kerosene and gas oil. The approximately $200 million facility has been
designed to provide future processing expansions up to 100,000 bpd throughput. BP
also will lease an additional 750,000 barrels of storage that Kinder Morgan will add at
its Galena Park terminal. The expansion is part of Kinder Morgan’s approximately $75
million investment to construct five tanks that will connect to its condensate facility
with new piping, manifolds and pumps. Kinder Morgan expects the new storage
tanks and condensate facility to be in service in the first quarter of 2014.
“BP is proud to participate in a project that helps unlock additional domestic energy
production and offers US Producers an alternative home for their condensate
barrels,” said Paul Reed, Chief Executive of BP’s integrated supply and trading
business. “This long-term commitment demonstrates BP’s desire to provide its
customers with flexibility in managing their feedstock and product needs and
enhances our strategic relationship with Kinder Morgan.”

3. “We are pleased to enter into these contracts with BP, which reflect continued strong
demand to bring Eagle Ford Shale production to the Gulf Coast,” said Tom Bannigan,
president of Kinder Morgan’s Products Pipelines. “Our splitter facility combined with
our Eagle Ford to Houston crude/condensate pipeline and associated Houston Ship
Channel storage facilities offer customers like BP unparalleled connectivity to the full
range of Gulf Coast markets including refineries, chemical companies, gasoline
blenders, outbound pipelines and marine facilities.”
About BP
BP has invested more in the United States over the last five years than any other oil
and gas company. With more than $52 billion in capital spending between 2007 and
2011, BP invests more in the
U.S. than in any other country. The company is the second largest producer of oil and
gas in the U.S., a major oil refiner and a leader in alternative energy sources
including wind power and biofuels.
BP provides enough energy each year to light the entire country. With 23,000 U.S.
employees, BP supports nearly a quarter of a million domestic jobs through its
business activities.
For more information, view our BP in America animation video
www.bp.com

4. About Kinder Morgan
Kinder Morgan is the largest midstream and the fourth largest energy company (based
on combined enterprise value) in North America with a combined enterprise value of
approximately $100
billion. It owns an interest in or operates approximately 75,000 miles of pipelines and
180 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO2 and other
products, and its terminals
store petroleum products and chemicals and handle such products as ethanol, coal,
petroleum coke and steel. Kinder Morgan, Inc. (NYSE: KMI) owns the general partner
interest of Kinder Morgan
Energy Partners, L.P. (NYSE: KMP) and El Paso Pipeline Partners, L.P. (NYSE: EPB), along
with limited partner interests in KMP, Kinder Morgan Management, LLC (NYSE: KMR)
and EPB.
For more information please visit; www.kindermorgan.com
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.

5. Contacts
Kinder Morgan
Media Relations - Emily Mir
(713) 369-8060
Emily_mir@kindermorgan.com
Investor Relations - Mindy Mills Thornock
(713) 369-9490
Mindy_thornock@kindermorgan.com
www.kindermorgan.com
BP
Media Relations - Scott Dean
(630) 640-4231
scott.dean@bp.com
uspress@bp.com
+44 207 496 4076
bppress@bp.com