|TEPPCO Partners, L.P. Announces Retirement of Senior Vice President and General Counsel|
HOUSTON--(BUSINESS WIRE)--Jan. 27, 2006--TEPPCO Partners, L.P. (NYSE:TPP) announced today that James C. Ruth has elected to retire as senior vice president, general counsel and secretary of Texas Eastern Products Pipeline Company, LLC, the general partner of TEPPCO Partners, L.P., effective Feb. 28, 2006.
"I would like to take this opportunity to thank Jim for his dedication and leadership to TEPPCO during his 36 years of service. His contribution in helping form the Partnership in 1990, along with his unwavering commitment and counsel have been invaluable," said Lee W. Marshall, Sr., acting chief executive officer of the general partner of TEPPCO. "On behalf of the Partnership, we wish Jim all the best in the future."
TEPPCO Partners, L.P. is a publicly traded partnership with an enterprise value of over $4 billion, 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 50-percent interests in Seaway Crude Pipeline Company, Centennial Pipeline LLC and Mont Belvieu Storage Partners, L.P., and an undivided ownership interest in the Basin Pipeline. Texas Eastern Products Pipeline Company, LLC, a wholly owned subsidiary of DFI GP Holdings L.P. (a privately owned partnership indirectly controlled by Dan L. Duncan), is the general partner of TEPPCO Partners, L.P. For more information, visit TEPPCO's Web site at www.teppco.com.
CONTACT: TEPPCO Partners, L.P.
SOURCE: TEPPCO Partners, L.P.