Kinder Morgan, Inc. · NYSE:KMI

Kinder Morgan — Kinder Morgan 2012 Analysts Conference

8 slides from Kinder Morgan's conference presentation, Jan 31, 2012

  1. Slide 1: Kinder Morgan Canada

    Kinder Morgan Canada Ian Anderson President Kinder Morgan Canada Group

  2. Slide 2: Trans Mountain Pipeline

    Trans Mountain Pipeline Capacity  Currently 300 MBbl/d Markets  British Columbia  Washington State refineries  Westridge marine terminal – offshore markets in U.S. and Asia Regulation / Tolls  National Energy Board regulated  2012 Toll Settlement pending NEB approval  New 54 MBbl/d long- term

  3. Slide 3: Express Platte

    Express Platte Express - 280,000 Bbl/d • 231,000 Bbl/d Firm contracts thru 2012-15 • Excess capacity today • Canadian production will fill space over time • Primary route for Canadian production to PADD IV refiners Platte - 143,000 - 165,000 Bbl/d • Platte is full - Canadian & local US barrels compe

  4. Slide 4: Kinder Morgan Canada – DCF

    Kinder Morgan Canada – DCF (a) (millions $US) Actual Actual Actual Budget 2009 2010 2011 2012 Trans Mountain System $147.4 $156.9 $169.3 $169.4 (distributable cash flow) Express System 14.6 13.3 13.7 13.6 (cash distributions) $ 162.0 $ 170.2 $ 183.0 $ 183.0 __________________________ (a) CAD to USD

  5. Slide 5: Trans Mountain Expansion (TMX)

    Trans Mountain Expansion (TMX) Open Season underway - expansion opens new markets and reduces landlocked discounts  Potential customers include producers, Westcoast refiners, offshore buyers — Existing capacity: 300,000 Bbl/d — Expansion to: 600,000 Bbl/d, seeking 450,000 - 500,000 Bbl/d contracts,

  6. Slide 6: Trans Mountain Expansion (TMX) timeline

    Trans Mountain Expansion (TMX) Pre Application 1.5 years Commercial Approvals Application 1.5 years Construction 2 years 2012 2013 2014 2015 2016 2017 6

  7. Slide 7: Trans Mountain Expansion: Opportunities and Challenges

    Trans Mountain Expansion (TMX) Opportunities Challenges  Expanding Trans Mountain  Shippers: significant long-term offers increased capacity pipeline commitment offshore and to pipeline connected markets in  Resistance to oil sands Washington State production links to pipeline  Lever off of exis

  8. Slide 8: Kinder Morgan

    KINDER/MORGAN

Kinder Morgan — Kinder Morgan 2012 Analysts Conference on 6ix