Kinder Morgan cannot be sure its proposal to build a third natural gas pipeline serving the Permian Basin will move forward amid challenges securing commercial support and volatile energy markets, a company executive said Wednesday. During an investor presentation, Chief Strategy Officer Dax Sanders said that while conversations with potential shippers continue for Permian Pass, no contracts have been signed to date. He said the project will not be sanctioned without solid take-or-pay contracts that carry terms of at least 10 years. “That could be something that potentially gets FID’d this year, assuming the market comes together,” Sanders said at a Credit Suisse energy summit in Vail, Colorado, that was webcast. He quickly added, “If it comes together, […]