Targa Resources Partners LP Continues to Expand Terminal and LPG Export Capabilities

Targa Resources Partners LP Continues to Expand Terminal and LPG Export
Capabilities

HOUSTON, Jan. 8, 2013 (GLOBE NEWSWIRE) -- Targa Resources Partners LP
(NYSE:NGLS) ("Targa" or the "Partnership") today announced that it has
acquired additional property on the Houston Ship Channel ("Targa Patriot
Marine Terminal" or "Patriot Terminal") that provides expansion potential for
both its Petroleum Logistics clean fuels business and its propane/butane
export capabilities.

Targa Patriot, which is located about two miles from the Partnership's Galena
Park Marine Terminal, includes an existing dock, acreage for expansion
build-out, an existing rail siding, and nearby access to the Colonial/Explorer
refined products pipeline interconnect hub. The proximity of the Patriot
Terminal to Targa's existing petroleum logistics business at Channelview and
to our LPG exports facilities at Galena Park offers Targa cost effective
future options to meet growing customer and market demands for both product
services.

The Patriot Terminal can be readily connected to Galena Park and to Targa's
Mount Belvieu complex including the Cedar Bayou Fractionator facilities, and
is complementary to Targa's propane/butane export business. LPG exports have
grown rapidly with significant volumes of domestic grade propane (HD5) and
butane, and the Partnership's previously announced major capital program will
create significant incremental capability for export of international grade
propane.The international export project will come on line in two phases in
3Q 2013 and 3Q 2014, andTarga has largely contracted its anticipated
capacity.Ifthe need for propane/butane export capacity continues to grow,
the Patriot Terminal provides Targa and its customers with economically
attractive interconnected expansion potential.The initial investment
including acquisition of the property and dock upgrade and refurbishment is
approximately $25 million. Further plans for clean fuels and/or
propane/butane export activity are being developed and could significantly
increase growth capital expenditures over time.

About Targa Resources Partners

Targa Resources Partners is a publicly traded Delaware limited partnership
that is a leading provider of midstream natural gas and natural gas liquid
services in the United States. The Partnership is engaged in the business of
gathering, compressing, treating, processing and selling natural gas; storing,
fractionating, treating, transporting and selling natural gas liquids, or
NGLs, and NGL products; gathering, storing and terminaling crude oil; and
storing and terminaling refined petroleum products. The Partnership owns an
extensive network of integrated gathering pipelines and gas processing plants
and currently operates along the Louisiana Gulf Coast primarily accessing the
onshore and near offshore region of Louisiana, the Permian Basin in West Texas
and Southeast New Mexico the Fort Worth Basin in North Texas and in the
Williston Basin in North Dakota. Additionally, the Partnership's logistics and
marketing assets are located primarily at Mont Belvieu and Galena Park near
Houston, Texas and in Lake Charles, Louisiana with terminals and
transportation assets across the United States. Targa Resources Partners is
managed by its general partner, Targa Resources GP LLC, which is indirectly
wholly owned by Targa Resources Corp.

Targa Resources Partners' principal executive offices are located at 1000
Louisiana, Suite 4300, Houston, Texas 77002 and its telephone number is
713-584-1000.

Forward-Looking Statements

Certain statements in this release are "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 facts, included in this release that address
activities, events or developments that the Partnership and the Company
expect, believe or anticipate will or may occur in the future are
forward-looking statements. These forward-looking statements rely on a number
of assumptions concerning future events and are subject to a number of
uncertainties, factors and risks, many of which are outside the Partnership's
and the Company's control, which could cause results to differ materially from
those expected by management of the Partnership and the Company. Such risks
and uncertainties include, but are not limited to, weather, political,
economic and market conditions, including a decline in the price and market
demand for natural gas and natural gas liquids, the timing and success of
business development efforts; and other uncertainties. These and other
applicable uncertainties, factors and risks are described more fully in the
Partnership's and the Company's filings with the Securities and Exchange
Commission, including their Annual Reports on Form 10-K, Quarterly Reports on
Form 10-Q and Current Reports on Form 8-K. Neither the Partnership nor the
Company undertake an obligation to update or revise any forward-looking
statement, whether as a result of new information, future events or otherwise.

This release is intended to be a qualified notice under Treasury Regulation
Section 1.1446-4(b). Brokers and nominees should treat one hundred percent
(100.0%) of Targa Resources Partners LP's distributions to foreign investors
as being attributable to income that is effectively connected with a United
States trade or business. Accordingly, Targa Resources Partners LP's
distributions to foreign investors are subject to federal income tax
withholding at the highest applicable effective tax rate.

CONTACT: Investor contact:
         713-584-1133
        
         Matthew Meloy
         Senior Vice President, Chief Financial Officer and Treasurer
 
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