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LAKEHEAD PIPE LINE PARTNERS L.P. ANNOUNCES FOURTH QUARTER 1992 FINANCIAL RESULTS

 SUPERIOR, Wis., Jan. 20 /PRNewswire/ -- Lakehead Pipe Line Partners L.P. (NYSE: LHP) today announced the cash distribution for the fiscal quarter ended Dec. 31, 1992, will be $0.59 per unit. This distribution will be made on Feb. 12, 1993 to unitholders of record Jan. 29, 1993.
 During the 12 months ended Dec. 31, 1992, pipeline system deliveries of crude oil and other liquid hydrocarbons averaged 1,251,000 barrels per day. System utilization during the same period totalled 353 billion barrel miles. For the 12 months ended Dec. 31, 1991, the predecessor pipeline system deliveries averaged 1,211,000 barrels per day and system utilization was 340 billion barrel miles. The partnership will announce 1992 financial results in mid-February.
 The preference units of the partnership are traded on the New York Stock Exchange under the symbol "LHP."
 -0- 1/20/93
 /CONTACT: Jon Staudohar, of Lakehead Pipe Line Partners, 715-394-1404, or fax 715-394-1564/
 (LHP)


CO: Lakehead Pipe Line Partners L.P. ST: Wisconsin IN: OIL SU: ERN DIV

KJ -- LA027 -- 6951 01/20/93 13:58 EST
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Publication:PR Newswire
Date:Jan 20, 1993
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