TEPPCO Announces Resignation of Downstream Business Segment Vice President
September 03 2009 - 5:23PM
Business Wire
TEPPCO Partners, L.P. (NYSE:TPP) today announced that Samuel N.
Brown, vice president, Commercial Downstream of Texas Eastern
Products Pipeline Company, LLC, the general partner of TEPPCO, has
submitted his resignation which will be effective September 16,
2009.
“On behalf of the partnership and its board of directors, I
would like to express our appreciation to Sam for his dedicated
service and leadership, which have been instrumental in expanding
our service offerings to customers and building value for
investors,” said Jerry E. Thompson, president and chief executive
officer of TEPPCO’s general partner. “We wish Sam well in his
future endeavors.”
TEPPCO Partners, L.P., is a publicly traded energy logistics
partnership with operations that span much of the continental
United States. TEPPCO owns and operates an extensive network of
assets that facilitate the movement, marketing, gathering and
storage of various commodities and energy-related products. The
partnership’s midstream network is comprised of approximately
12,500 miles of pipelines that gather and transport refined
petroleum products, crude oil, natural gas, liquefied petroleum
gases (LPGs) and natural gas liquids, and includes one of the
largest common carrier pipelines for refined petroleum products and
LPGs in the United States. TEPPCO’s storage assets include
approximately 27 million barrels of capacity for refined petroleum
products and LPGs and about 14 million barrels of capacity for
crude oil. TEPPCO also owns a marine transportation business that
operates primarily on the United States inland and Intracoastal
Waterway systems, and in the Gulf of Mexico. For more information,
visit TEPPCO’s website at www.teppco.com. Texas Eastern Products
Pipeline Company, LLC, the general partner of TEPPCO Partners,
L.P., is owned by Enterprise GP Holdings L.P. (NYSE:EPE).
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