TEPPCO Partners, L.P. Announces Phase II of Northeast Pipeline
Expansion
HOUSTON, April 26 /PRNewswire-FirstCall/ -- TEPPCO Partners, L.P. today
announced an additional project to expand delivery capacity of liquefied
petroleum gases (LPGs) to the Northeast by 8,000 to 10,000 barrels per day. The
project is scheduled for completion in October 2004.
This is the second phase of TEPPCO's plan to increase deliverability of LPGs
into the Northeast. In 2003, TEPPCO increased delivery capability between
Todhunter, Ohio, and Coshocton, Ohio, by 8,000 to 10,000 barrels per day and
increased storage and improved loading capability at Oneonta, N.Y.
The Phase II expansion includes construction of three pump stations between
Coshocton and Greensburg, Pa., and two stations from Greensburg, to Watkins
Glen, N.Y. Additional work on the pipeline segment between Greensburg and
Philadelphia, Pa., will increase delivery rates to the Philadelphia area.
To support the pipeline capacity increases, TEPPCO will also make improvements
at the Partnership's Dubois, Pa., and Eagle, Pa., terminals. TEPPCO will add
automated loading systems at Dubois to increase loading rates. Terminal
improvements at Eagle will include the addition of 180,000 gallons of propane
storage and back-up loading systems to ensure two bay operations.
"These enhancements will significantly improve deliverability on the Northeast
system for all of TEPPCO's shippers," said Thomas R. Harper, senior vice
president -- commercial downstream. "The project reinforces TEPPCO's commitment
to being a safe, reliable supplier of propane to our shippers and will provide
future growth for the Partnership in the Northeast markets." TEPPCO is the only pipeline that transports LPGs from the upper Texas Gulf
Coast to the Northeast region of the United States. LPG customers include
refiners, and propane wholesalers and retailers who sell to commercial,
industrial, agricultural and residential heating customers.
TEPPCO Partners, L.P. is a publicly traded master limited partnership, which
conducts business through various subsidiary operating companies. TEPPCO owns
and operates one of the largest common carrier pipelines of refined petroleum
products and liquefied petroleum gases in the United States; owns and operates
petrochemical and natural gas liquid pipelines; is engaged in crude oil
transportation, storage, gathering and marketing; owns and operates natural gas
gathering systems; and owns 50-percent interests in Seaway Crude Pipeline
Company, Centennial Pipeline LLC, and Mont Belvieu Storage Partners, L.P., and
an undivided ownership interest in the Basin Pipeline. Texas Eastern Products
Pipeline Company, LLC, an indirect wholly owned subsidiary of Duke Energy Field
Services, LLC, is the general partner of TEPPCO Partners, L.P. For more
information, visit TEPPCO's Web site at http://www.teppco.com/ .
CONTACTS: Media Relations - Kathleen A. Sauve
Phone: 713/759-3635
24-Hour: 704/382-8333 Investor Relations - Brenda J. Peters
Phone: 713/759-3954
Toll Free: 800/659-0059
DATASOURCE: TEPPCO Partners, L.P.
CONTACT: Media, Kathleen A. Sauve, +1-713-759-3635, or 24-hour, +1-704-382-8333 or Investors, Brenda J. Peters, +1-713-759-3954, or +1-800-659-0059, both of TEPPCO Partners, L.P.
Web site: http://www.teppco.com/ Company News On-Call: http://www.prnewswire.com/comp/257451.html
|