PAA Natural Gas Storage Declares Distribution on Limited Partner Units
HOUSTON--(BUSINESS WIRE)--
PAA Natural Gas Storage, L.P. (NYSE: PNG)
today announced a quarterly cash distribution of $0.3575 per unit ($1.43
per unit on an annualized basis) on all of its outstanding common and
Series A subordinated units. The distribution will be payable on
February 14, 2013, to holders of record of such units at the close of
business on February 1, 2013. This distribution is equal to the
quarterly distribution paid in November 2012.
PAA Natural Gas Storage is a publicly traded master limited partnership
engaged in the development, acquisition, operation and commercial
management of natural gas storage facilities. The Partnership currently
owns and operates three natural gas storage facilities located in
Louisiana, Mississippi and Michigan. The Partnership's general partner,
as well as the majority of the Partnership's limited partner interests,
is owned by Plains All American Pipeline, L.P. (NYSE: PAA). PNG is
headquartered in Houston, TX.
PAA Natural Gas Storage, L.P. Roy I. Lamoreaux, 713-646-4222 –
800-564-3036 Director, Investor Relations
Press Release $PNG PAA Natural Gas Storage, L.P.
HOUSTON--(BUSINESS WIRE)-- PAA Natural Gas Storage, L.P. (NYSE: PNG) today announced a quarterly cash distribution of $0.3575 per unit ($1.43 per unit on an annualized basis) on all of its outstanding common and Series A subordinated units. The distribution will be payable on February 14, 2013, to holders of record of such units at the close of business on February 1, 2013. This distribution is equal to the quarterly distribution paid in November 2012.
PAA Natural Gas Storage is a publicly traded master limited partnership engaged in the development, acquisition, operation and commercial management of natural gas storage facilities. The Partnership currently owns and operates three natural gas storage facilities located in Louisiana, Mississippi and Michigan. The Partnership's general partner, as well as the majority of the Partnership's limited partner interests, is owned by Plains All American Pipeline, L.P. (NYSE: PAA). PNG is headquartered in Houston, TX.
PAA Natural Gas Storage, L.P.
Roy I. Lamoreaux, 713-646-4222 – 800-564-3036
Director, Investor Relations
Source: PAA Natural Gas Storage, L.P.