Plains All American Pipeline, L.P. (NYSE: PAA),
today announced it has completed the previously announced acquisitions
of the Yorktown Terminal and Jal Pipeline from Western Refining.
Aggregate consideration, which is subject to post-closing adjustments,
was approximately $220 million.
Plains All American Pipeline, L.P. is a publicly traded master limited
partnership engaged in the transportation, storage, terminalling and
marketing of crude oil, refined products and liquefied petroleum gas and
other natural gas-related petroleum products. Through its general
partner interest and majority equity ownership position in PAA Natural
Gas Storage, L.P. (NYSE: PNG), PAA also develops and operates natural
gas storage facilities. PAA is headquartered in Houston, Texas.
Plains All American Pipeline, L.P.
Roy I. Lamoreaux, 713-646-4222 –
800-564-3036
Director, Investor Relations