Atlas Pipeline looks to sell interest in West Texas pipeline

Atlas Pipeline Partners (APL) says it has retained Citigroup to begin a strategic review of its ownership interest in West Texas LPG Pipeline, which owns a 2,295-mile common carrier natural gas liquids pipeline operated by Chevron (CVX); APL owns a 20% interest.

APL says potential proceeds in the event of a sale would be used to fund part of its growth opportunities in its core operating areas.

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