FOR IMMEDIATE RELEASE: Thursday, June 20, 1996
HOUSTON - The Board of Directors of Enron Liquids
Pipeline Company, the general partner of Enron Liquids Pipeline,
L.P., today declared a regular quarterly cash distribution of
$0.63 per Common Unit for the second quarter of 1996. The indicated
annual rate is $2.52 per unit.
The distribution is payable on August 14, 1996,
to holders of said units at the close of business on July 31,
1996, out of the available cash flow of the MLP Partnership for
the second quarter of 1996.
Enron Liquids Pipeline, L.P. owns and operates two
interstate common carrier natural gas liquids (NGL) pipeline systems
and one carbon dioxide (CO2) pipeline system. The Partnership
also owns and operates a rail-to-barge coal transfer terminal
and a natural gas processing facility and holds an indirect interest
in an NGL fractionator. Enron Liquids Pipeline, L.P. trades on
the New York Stock Exchange under the symbol, "ENP."
For additional information please contact:
A. H. Davis
(713) 853-6941
|