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EL PASO REFINERY FILES TWO LAWSUITS

 EL PASO, Texas, Jan. 14 /PRNewswire/ -- El Paso Refinery, L.P. (the "partnership") (NYSE: ELP) announced today that it has filed two lawsuits, one against the partnership's former crude oil supplier, Scurlock Permian Corporation, a wholly owned subsidiary of Ashland Oil, Inc., and the second against Bank Brussels Lambert (BBL), one of the refinery's working capital lenders.
 The suit against Permian was filed in the 34th District Court for El Paso County, Texas alleging that Permian breached various contracts with the partnership and numerous other causes of action seeking damages for usury (for which the petition alleges Permian owes the partnership approximately $480 million), fraud, duress, conversion, breach of fiduciary duty, tortious interference with contractual relations, breach of duty of good faith and fair dealing and negligent misrepresentation. The partnership is also seeking a declaratory judgment against Permian that Permian is jointly and severally liable for the refinery's unpaid federal excise taxes, sales and use taxes and ad valorem taxes.
 The partnership filed the suit against BBL in the U.S. District Court for the Western District of Texas, El Paso Division, alleging breach of contract, fraud, conversion, tortious interference with contractual relations and negligent misrepresentation by BBL.
 The petitions filed by the partnership contain no specific dollar amount of damages, except that damages are sought in excess of the courts' minimum jurisdictional limits. David Jones, chairman, president and chief executive officer of the partnership's general partner stated that: "While we can provide no assurance as to the ultimate outcome of these lawsuits, we intend to pursue them both very aggressively."
 The partnership filed a petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code on Oct. 23, 1992. Pursuant to an order of the Bankruptcy Court, the partnership's refinery has been shut down since Oct. 30, 1992.
 El Paso Refinery, L.P. owns a high-conversion petroleum refinery and terminal facility in El Paso.
 -0- 1/14/93
 /CONTACT: Ransom B. Jones, executive vice president of El Paso Refinery, 915-772-1433/
 (ELP)


CO: El Paso Refinery L.P. ST: Texas IN: OIL SU:

CK -- NY024 -- 4795 01/14/93 10:37 EST
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Date:Jan 14, 1993
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