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TEPPCO Partners, L.P. to Construct New Pipeline Serving Mont Belvieu Storage Infrastructure.


HOUSTON -- TEPPCO Partners TEPPCO Partners LP (NYSE: TPP) is a Fortune 300 company based in Houston, Texas. This company operates petroleum pipelines. History
During the second quarter of 2007, it was acquired by another Fortune 500 company, Houston-based Enterprise GP Holdings
, L.P. (NYSE NYSE

See: New York Stock Exchange
:TPP TPP thiamine pyrophosphate.
Thiamine pyrophosphate (TPP)
The coenzyme containing thiamine that is essential in converting glucose to energy.

Mentioned in: Beriberi


TPP

1. total plasma protein.

2.
) today announced plans to construct a new 20-inch diameter lateral pipeline that will connect the partnership's mainline system to the Enterprise Products Partners storage facility at Mont Belvieu, Texas Mont Belvieu is a city in Chambers County, Texas, United States. It is just north of Interstate 10 along State Highway 146. The population was 2,324 at the 2000 census. Geography
Mont Belvieu is located at  (29.860242, -94.
. The new connection, which will provide delivery of propane into the TEPPCO system at full line flow rates, complements the partnership's current ability to source product from Mont Belvieu Storage Partners.

The new lateral will also offer the ability to deliver other liquid products such as butanes and natural gasoline A natural gas liquid with a vapor pressure intermediate between natural gas condensate and liquefied petroleum gas and has a boiling point within the range of gasoline. This hydrocarbon mixture is liquid at ambient pressure and temperature.  from Enterprise's storage facilities into the TEPPCO system at reduced flow rates until enhancements can be made. The capability to deliver butanes and natural gasoline from Mont Belvieu Storage Partners at full flow rates will not be impacted. Construction of the new connection is expected to be completed around Jan. 1, 2007.

"We are excited about this project and the commercial and operational benefits it will offer our customers by improving access to propane for delivery into our mainline," said Jerry Thompson, TEPPCO president and chief executive officer. "Having two source points for propane will provide customers with additional storage and supply options to help meet their needs."

TEPPCO Partners, L.P. is a publicly traded partnership Publicly Traded Partnership

A limited partnership that also has interests traded in the equity securities market.

Notes:
This is also known as a master limited partnership.
See also: Master Limited Partnership, Partnership, Public Company
 with an enterprise value of approximately $4 billion, 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 transportation, storage, gathering and marketing of crude oil; owns and operates natural gas gathering systems; and has ownership interests in Jonah Gas Gathering Company, Seaway Crude Pipeline Company, Centennial Pipeline LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, Mont Belvieu Storage Partners, L.P. and an undivided ownership interest in the Basin Pipeline. Texas Eastern Products Pipeline Company, LLC, an indirect subsidiary of EPCO EPCO Explorer Pipeline Company, Inc , Inc., is the general partner of TEPPCO Partners, L.P. For more information, visit TEPPCO's Web site at www.teppco.com.

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Except for the historical information contained herein, the matters discussed in this news release, including without limitation those under the caption "2006 Outlook" are forward-looking statements that involve certain risks and uncertainties. These risks and uncertainties include, among other things, market conditions, governmental regulations and risk factors discussed in TEPPCO Partners, L.P. filings with the Securities and Exchange Commission.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 1, 2006
Words:420
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