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Pacific Energy Partners, L.P. Announces Community Education Forums and New Website for Proposed Marine Terminal at Pier 400 in the Port of Los Angeles

Posted on: Thursday, 5 January 2006, 15:00 CST

Pacific Energy Partners, L.P. ("Pacific Energy") (NYSE:PPX) announced plans to host four Community Education Forums to introduce its proposed Pier 400 Marine Terminal, as well as a new website with additional information on the project (www.PacificEnergyPier400.info).

Pacific Energy is in the process of developing a deep-water marine offloading and storage facility at Berth 408 on Pier 400 in the Port of Los Angeles. The proposed facility will be used for importing crude oil and partially refined crude oil to produce gasoline and other fuels for the Southern California market. It will allow crude oil to be offloaded quickly and efficiently from tankers to storage tanks and then pumped to local refineries. Pacific Energy is a provider of crude oil and refined products pipeline transportation and storage services, with significant experience in managing the complex environmental and engineering details related to the development of a project such as Pier 400. Pacific Energy has completed a feasibility study for the project and is now in the environmental review and permitting process. The Draft Environmental Impact Report/Statement for the Pier 400 Project is scheduled to be released for comment in February 2006.

As California and Alaskan crude oil production declines, the need for imported crude oil to meet the refining demand in Southern California is increasing. The California Energy Commission has found that the existing marine terminal infrastructure in the Los Angeles area is inadequate to handle the anticipated growth of waterborne imports, thus the need for the development of a new crude import facility. With 81 feet of water depth, Pacific Energy's Pier 400 marine terminal will be the only terminal on the West Coast capable of accommodating fully laden very large crude carriers (VLCCs). The total investment, currently estimated at approximately $250 million, includes 250,000 barrels per day of off-loading capacity and 3 million barrels of storage capacity. A total of 4 million barrels of storage capacity is being permitted to accommodate potential demand.

Pacific Energy's Pier 400 Project website, www.PacificEnergyPier400.info, highlights the design and construction of the new marine terminal and will provide continuous updates and feedback as the project progresses.

Pacific Energy's series of Community Education Forums will feature technical briefings by members of the Pier 400 Project Team to address marine transportation and terminal operations, facilities and coastal engineering, environmental issues, community concerns, security and emergency response, and economic factors. These Forums are scheduled as follows: Saturday, January 14th -- 10:00 AM Banning's Landing Community Center 100 East Water Street Wilmington, CA 90748 Wednesday, January 18th -- 6:30 PM Ports O' Call Restaurant Berth 76 - Ports O' Call Village San Pedro, CA 90731 Thursday, January 19th -- 6:30 PM Wilmington Senior Center 1371 Eubank Street Wilmington, CA 90744 Saturday, January 21st -- 10:00 AM Los Angeles Harbor Hotel 601 S. Palos Verdes Street San Pedro, CA 90731

About Pacific Energy:

Pacific Energy Partners, L.P. is a master limited partnership headquartered in Long Beach. Pacific Energy is engaged principally in the business of gathering, transporting, storing and distributing crude oil, refined products and other related products. Pacific Energy generates revenues by transporting such commodities on its pipelines, by leasing capacity in its storage facilities and by providing other terminaling services. Pacific Energy also buys and sells crude oil, activities that are generally complementary to its crude oil operations. Pacific Energy conducts its business through two business units, the West Coast Business Unit, which includes activities in California and the Philadelphia area, and the Rocky Mountain Business Unit, which includes Alberta, Canada.

This news release may include "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included or incorporated herein may constitute forward-looking statements. Although Pacific Energy believes that the forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that may affect Pacific Energy's operations and financial performance. Among the factors that could cause results to differ materially are those risks discussed in Pacific Energy's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2004.

For additional information about the partnership, please visit www.PacificEnergy.com.

Source: Business Wire

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