News Release
Nov. 20, 2002

TEPPCO PARTNERS ANNOUNCES PIPELINE EXPANSION IN NORTHEAST

HOUSTON – TEPPCO Partners, L.P. (NYSE: TPP) today announced a project to expand its delivery capacity of liquefied petroleum gases (LPGs). The expansion will increase delivery capability to the Northeast during the peak winter months by more than one million barrels. The expansion, which is scheduled for completion during third quarter 2003, consists of construction of three new pump stations located between Middletown, Ohio and Greensburg, Pa.

 

This project is part of a system-wide effort to increase TEPPCO’s deliverability of LPGs. In addition to the northeast expansion, TEPPCO will complete its Princeton, Ind., LPG truck rack upgrade in December 2002 and will add an additional 3.5 million barrels of brine containment at Mont Belvieu, Texas, by summer 2003.

 

“We are committed to growth in our LPG markets and continue to look for opportunities to increase the amount of LPGs that move through our system and terminals,” said Thomas R. Harper, vice president -- commercial downstream. “This project sets the foundation for further expansions based on future market conditions.”

 

TEPPCO is the only pipeline that transports LPGs from the upper Texas Gulf Coast to the Northeast region of the United States. LPG customers include refiners, and propane wholesalers and retailers who sell to commercial, industrial, agricultural and residential heating customers.

 

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; owns and operates petrochemical and natural gas liquid pipelines; is engaged in crude oil transportation, storage, gathering and marketing; owns and operates natural gas gathering systems; and owns a 50-percent interest in Seaway Crude Pipeline Company, an interest in Centennial Pipeline LLC, 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, LLC, is the general partner of TEPPCO Partners, L.P. For more information, visit TEPPCO’s Web site at www.teppco.com.

 

Contact: Kathleen A. Sauve
Phone: 713-759-3635
24 Hour Phone: 704-382-8333
Email: kasauve@teppco.com
Contact: Brenda J. Peters
Phone: 713-759-3954
24 Hour Phone: 704-382-8333
Email: bpeters@teppco.com