El Paso Pipeline Partners, L.P. Declares Prorated Quarterly Distribution
25 Janvier 2008 - 5:46PM
PR Newswire (US)
HOUSTON, Jan. 25 /PRNewswire/ -- El Paso Pipeline Partners, L.P.
(NYSE:EPB) announced today that the Board of Directors of its
general partner has declared a prorated quarterly cash distribution
of $0.1281 per unit, for the fourth quarter of 2007. This cash
distribution will be paid February 14, 2008, on all outstanding
common and subordinated units to holders of record as of the close
of business on February 4, 2008. The distribution is the first
declared by the partnership, and corresponds to the minimum
quarterly distribution of $0.2875 per unit per quarter, or $1.15
per unit on an annualized basis, prorated for the partial quarter
following the closing of the partnership's initial public offering
on November 21, 2007. El Paso Pipeline Partners, L.P. is a Delaware
limited partnership formed by El Paso Corporation in 2007 to own
and operate natural gas transportation pipelines and storage
assets. El Paso Corporation owns 56.2 million limited partner units
and 1.7 million general partner units. El Paso Pipeline Partners,
L.P. owns Wyoming Interstate Company, an interstate pipeline system
serving the Rocky Mountain region, and a 10 percent interest in
each of the Colorado Interstate Gas Company and Southern Natural
Gas Company interstate pipelines, which operate in the Rocky
Mountain and southeastern regions of the United States,
respectively. For more information about El Paso Pipeline Partners,
visit http://www.eppipelinepartners.com/. DATASOURCE: El Paso
Pipeline Partners, L.P. CONTACT: investors-media, Bruce L. Connery,
Vice President, +1-713-420-5855, fax, +1-713-420-4417, or media,
Richard Wheatley, Manager, +1-713-420-6828, fax, +1-713-420-6341,
both of El Paso Pipeline Partners, L.P. Web site:
http://www.eppipelinepartners.com/ http://www.elpaso.com/
Copyright