Kinder Morgan (ticker: KMI) subsidiary Kinder Morgan Canada Limited (TSX: KML) has agreed to the purchase of the Trans Mountain Pipeline system and the expansion project (TMEP) by the Government of Canada for C$4.5 billion, the company said in a press release this morning.

Kinder Morgan said it will work with the Government of Canada to seek a third-party buyer for the Trans Mountain Pipeline system and TMEP through July 22, 2018.

Kinder Morgan delivered a shock to Canada’s energy industry in April when it announced it would shut down wor...


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