Plains All American Pipeline, L.P. (NYSE: PAA),
today announced that effective January 29, 2012, its wholly owned
subsidiary Plains Pipeline, L.P. ("Plains") has reduced nominations on
its Basin Pipeline system due to a booster-pump failure at Big Spring,
Texas. The impact to throughput capabilities is expected to be less than
20,000 barrels per day and is currently expected to extend at least
through the month of February. Additionally, Basin's February
nominations have exceeded capacity. As a result, the Basin system will
be in proration for the month of February. Shippers will be notified of
their prorated volumes within the next 24 hours.
Plains owns an approximate 87% undivided interest in and operates Basin
Pipeline. The Basin Pipeline system is a 519-mile mainline crude oil
system extending from the Permian Basin (in West Texas and Southern New
Mexico) to Cushing, Okla.
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