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World Point Terminals announces quarterly distribution

Published by
Hydrocarbon Engineering,

World Point Terminals has announced it cash distribution for the quarter.

World Point Terminals, LP (the partnership), a Delaware limited partnership that owns, operates, develops and acquires terminals and other assets relating to the storage of light refined products, heavy refined products and crude oil, has announced that the board of directors of its general partner declared a cash distribution of US$0.30 per unit (US$1.20 per unit on an annualised basis) for the period from 1 July 2016 through 30 September 2016.

The distribution is payable on 14 November 2016 to unitholders of record on 28 October 2016.

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