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Plains All American Pipeline, L.P. : Plains All American Pipeline Completes Acquisition of Canadian NGL Business from BP

04/02/2012 | 11:10am US/Eastern

Plains All American Pipeline, L.P. (NYSE:PAA) today announced that its wholly owned subsidiary Plains Midstream Canada ULC completed the previously announced acquisition from a subsidiary of BP Corporation North America, Inc. of its Canadian natural gas liquids (NGL) business.

Plains All American Pipeline, L.P. is a publicly traded master limited partnership engaged in the transportation, storage, terminalling and marketing of crude oil and refined products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids. Through its general partner interest and majority equity ownership position in PAA Natural Gas Storage, L.P. (NYSE: PNG), PAA owns 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


© Business Wire 2012
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