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SANTA FE PACIFIC PIPELINE PARTNERS ANNOUNCES GENERAL RATE INCREASE

 SANTA FE PACIFIC PIPELINE PARTNERS ANNOUNCES GENERAL RATE INCREASE
 LOS ANGELES, May 20 /PRNewswire/ -- Santa Fe Pacific Pipeline Partners L.P. (NYSE: SFL) announced that a 9 percent general rate increase on all California intrastate movements has been approved by the California Public Utilities Commission effective May 13, 1992.
 Irvin Toole Jr., chairman, president and chief executive officer of the general partner, stated, "We are very pleased to receive approval of this increase which reflects significant increases in operating expenses and major capital additions in California since the last general rate increase in 1985. The higher rates are expected to generate approximately $6 million of additional revenue annually."
 Santa Fe Pacific Pipeline Partners L.P. is the largest independent refined products pipeline in the United States in terms of revenue generated. The partnership serves six western states with approximately 3,300 miles of common carrier pipeline and 14 truck loading terminals.
 -0- 5/20/92
 /CONTACT: Thomas L. Lambert of Santa Fe Pacific Pipeline Partners, 213-486-7766/
 (SFL) CO: Santa Fe Pacific Pipeline Partners L.P. ST: California IN: OIL SU:


KJ-EH -- LA031 -- 2532 05/20/92 17:28 EDT
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Publication:PR Newswire
Date:May 20, 1992
Words:189
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