SAN ANTONIO, Oct. 15, 2015 /PRNewswire/ -- The Board of
Directors of Valero Energy Partners GP LLC, the general partner of
Valero Energy Partners LP (NYSE: VLP, the Partnership), has
approved the Partnership's third quarter 2015 cash distribution of
$0.3075 per unit. This
distribution represents a 5.1 percent increase over the
Partnership's previous quarterly distribution. The
distribution is payable on November 10,
2015 to unitholders of record at the close of business on
November 2, 2015.
This release is intended to be a qualified notice to nominees
under Treasury Regulation Section 1.1446-4(b). All of the
Partnership's distributions to foreign investors are attributable
to income that is effectively connected with a United States (U.S.) trade or business.
Accordingly, the Partnership's distributions to foreign
investors are subject to U.S. federal income tax withholding at the
highest effective tax rate.
About Valero Energy Partners LP
Valero Energy Partners
LP is a fee-based master limited partnership formed by Valero
Energy Corporation to own, operate, develop and acquire crude oil
and refined products pipelines, terminals, and other transportation
and logistics assets. With headquarters in San Antonio, the Partnership's assets include
crude oil and refined petroleum products pipeline and terminal
systems in the Gulf Coast and Mid-Continent regions of the United States that are integral to the
operations of nine of Valero's refineries. Please visit
www.valeroenergypartners.com for more information.
Contacts
Investors:
John Locke, Vice President –
Investor Relations, 210-345-3077
Karen Ngo, Manager – Investor
Relations, 210-345-4574
Media:
Bill Day, Vice President –
Communications, 210-345-2928
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SOURCE Valero Energy Partners LP