TEPPCO Partners, L.P. has announced the completion of itsacquisition of the oil and natural gas liquids (NGL) pipelinesbusiness of Duke Energy Transport and Trading Company (DETTCO) fromthe parent, Duke Energy.

DETTCO, based in Oklahoma City, gathers, stores, transports andmarkets crude oil principally in Texas and Oklahoma, operates twotrunkline natural gas liquids (NGL) pipelines in South Texas anddistributes lube oil to industrial and commercial accounts throughLubrication Services, Inc. (LSI). The crude gathering andtransportation segment has historically accounted for about 71% ofDETTCO’s operating margin. The NGL segment’s contribution has beenabout 24%, with LSI accounting for the remaining 5%.

TEPPCO’s two operating partnerships, TE Products Pipeline andTCTM, include crude and products pipelines and gatheringfacilities.

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