Plains All American Pipeline, L.P. (NYSE:PAA)
today announced that it has closed the previously announced $500 million
acquisition of four operating crude rail terminals, one terminal under
development and various contractual arrangements from U.S. Development
Group.
PAA has posted a presentation that contains additional information
regarding the company's network of crude oil and NGL rail assets on the
Partnership Presentations tab of the Investor Relations section of its
website: http://ir.paalp.com/Presentations.
Plains All American Pipeline, L.P. is a publicly traded master limited
partnership engaged in the transportation, storage, terminalling and
marketing of crude oil and refined products, as well as in the
processing, transportation, fractionation, storage and marketing of
natural gas liquids. Through its general partner interest and majority
equity ownership position in PAA Natural Gas Storage, L.P. (NYSE:PNG),
PAA owns and operates natural gas storage facilities. PAA is
headquartered in Houston, Texas.
Plains All American Pipeline, L.P.
Investors:
Roy I.
Lamoreaux, 713/646-4222 – 800/564-3036
Director, Investor Relations
or
Media:
Brad
Leone, 713/646-4196
Manager, Communications