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NEW YORK/HOUSTON (Reuters) - Kinder Morgan Inc KMI. N struck a $21 billion deal to buy rival El Paso Corp EP. N, combining the two largest natural gas pipeline operators in North America in a huge bet on the fast-growing market for that fuel.
HOUSTON--(BUSINESS WIRE)--Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced that it has completed the previously announced acquisition (drop down) of 50 percent of El Paso Natural Gas Company, L.L.C. (EPNG) and 50 percent of former El Paso Midstream assets in Utah and South Texas from Kinder Morgan, Inc.
El Paso fought their efforts, but was defeated. In 1974, El Paso was forced to divest the holdings, effectively terminating its natural gas operations north of New Mexico and Arizona.
NEW YORK/HOUSTON (Reuters) - Kinder Morgan Inc KMI. N struck a $21 billion deal to buy rival El Paso Corp EP. N, combining the two largest natural gas pipeline operators in North America in a huge bet on the fast-growing market for that fuel.
The Shell Oil Company has purchased the marketing and refining properties of the El Paso Natural Gas Products Company, a subsidiary of the El Paso Natural Gas Company.

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Kinder Morgan - Kinder Morgan Energy Partners Increases Ownership Stake to 100 Percent in El Paso Natural Gas Pipeline and Midstream Assets.
2012: In May, KMI completes an approximately $38 billion acquisition of El Paso Corporation making KMI the largest midstream and one of the largest energy companies and natural gas network operators in North America.
El Paso fought their efforts, but was defeated. In 1974, El Paso was forced to divest the holdings, effectively terminating its natural gas operations north of New Mexico and Arizona.
El Paso fought their efforts, but was defeated. In 1974, El Paso was forced to divest the holdings, effectively terminating its natural gas operations north of New Mexico and Arizona.
HOUSTON--(BUSINESS WIRE)--Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced that it has completed the previously announced acquisition (drop down) of 50 percent of El Paso Natural Gas Company, L.L.C. (EPNG) and 50 percent of former El Paso Midstream assets in Utah and South Texas from Kinder Morgan, Inc.

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