TEPPCO Acquires Additional LPG Storage
Sep 1, 2007 12:00 PM
TEPPCO Partners LP has purchased an underground liquid petroleum gas (LPG) storage cavern adjacent to its Todhunter Terminal in Middletown OH. The cavern, along with a cavern purchased in a separate transaction in December 2006, increases TEPPCO's storage capacity by 330,000 barrels.
The additional storage capacity complements TEPPCO's recent expansion of its LPG pipeline between Greensburg and Eagle PA, which increased delivery capability of this segment by 40 percent. The expansion included the installation of four additional booster stations and the reworking of existing pump stations.
TEPPCO says it is the only pipeline that transports LPGs from the upper Texas Gulf Coast to the Northeast region of the United States.
