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UNOCAL CORP. ANNOUNCES AGREEMENT FOR THE SALE OF UNOCAL'S DISTRIBUTION TERMINAL OPERATIONS IN THE SOUTHEASTERN UNITED STATES

UNOCAL CORP. ANNOUNCES AGREEMENT FOR THE SALE OF UNOCAL'S DISTRIBUTION
 TERMINAL OPERATIONS IN THE SOUTHEASTERN UNITED STATES
 LOS ANGELES, May 20 /PRNewswire/ -- Unocal Corp. (NYSE: UCL) said today that its Union Oil Company of California subsidiary has signed definitive agreements for the sale of Unocal's distribution terminal operations in the southeastern United States to Louis Dreyfus Energy Corp.
 Upon closing, Louis Dreyfus will assume control of Unocal's interest in 24 terminals throughout the southeast.
 Unocal will retain ownership of its Savannah, Ga., lubricant plant and terminal.
 -0- 5/20/92
 /CONTACT: James H. Bray of Unocal, 213-977-5390; or Simon Rich of Louis Dreyfus, 203-761-9700/
 (UCL) CO: Unocal Corp.; Louis Dreyfus Energy Corp. ST: California IN: OIL SU:


EH-AL -- LA016 -- 2312 05/20/92 13:09 EDT
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Publication:PR Newswire
Date:May 20, 1992
Words:126
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