In New Jersey, US, energy major Kinder Morgan is undertaking a project to allow for 1,035,000 gallons of storage, and ultimately to provide connections to SUN, Colonial, and Buckeye regional pipelines, making the Carteret, New Jersey, facility the second largest operated by Kinder Morgan next to that of Pasadena, Texas.
The new tanks are adjacent to Kinder Morgans existing facilities. Working with the New Jersey Department of Environmental Protection (DEP), Kinder Morgan has treated and either recycled or removed over 22,000 tonnes of contaminated soil left by former company Brite Clean.
Kinder Morgans project proposal received initial Planning Board approval on 27 January 2010. In March, Mayor Reiman and representatives from Kinder Morgan signed a 30-year redevelopment agreement, officially authorising the company to reuse 14 acres of brownfields in the Boroughs Industrial Avenue light industrial district (Kinder Morgan Redevelopment Area).
Borough officials anticipate that the town will earn $30.2 million (21.78 million) over the first 30 years of the agreement, and has since praised the project for creating 75-100 union construction jobs, and the eventual creation of long-term shipping and operations positions.
Construction on the first three tanks should be complete by June 2011, and the remaining four by September.
Source: New Jersey Today