Jan. 18, 2001
TEPPCO PARTNERS, L.P. DECLARES QUARTERLY DISTRIBUTION
HOUSTON - TEPPCO Partners, L.P. (NYSE:TPP) today declared a fourth-quarter cash distribution of $0.525 per unit, payable Feb. 2 to unitholders of record on Jan. 31. This quarterly distribution covers the period from Oct. 1, 2000, through Dec. 31, 2000.
TEPPCO Partners, L.P. is a publicly traded master limited partnership, 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; is engaged in crude oil pipeline transportation, storage, gathering and marketing; and owns a 50-percent interest in Seaway Crude Pipeline Company and an undivided ownership interest in the Rancho and Basin Pipelines. Texas Eastern Products Pipeline Company, LLC, an indirect wholly owned subsidiary of Duke Energy Field Services, LP, is the general partner of TEPPCO Partners, L.P. For more information, access TEPPCOs website at www.teppco.com.
|Media Relations:||Kathleen A.