Buckeye Partners LP, Houston, (NYSE: BPL) has completed the sale of its non-operated interests in West Texas LPG Pipeline Limited Partnership (WTLPG) to Atlas Pipeline Partners LP, Philadelphia, (NYSE: APL).
The previously announced sale consisted of 20% non-operating interest in the WTLPG for total cash consideration of $85 million.
WTLPG owns a 2,295-mile common-carrier pipeline system that transports NGLs from locations in New Mexico and Texas to Mont Belvieu, Texas for fractionation.
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