December 16, 2009 (FinancialWire) — Targa Resources Partners LP (NASDAQ: NGLS) said the board of directors of its general partner has approved the filing of an application to list its common units on the New York Stock Exchange (NYSE).

The Partnership anticipates that, subject to NYSE approval, its common units will begin trading on the NYSE under its current ticker “NGLS” on or about January 25, 2010. Until that time, the Partnership’s common units will continue to trade on the NASDAQ under the symbol “NGLS.”

“We believe the move to the NYSE builds on our strategy to increase value for our unit holders by adding the benefits of increased trading liquidity and visibility and decreased volatility. We look forward to joining many of our midstream industry peers already listed on the NYSE. Our relationship with the NASDAQ has been positive and we appreciate their service over the years,” said Rene Joyce, chief executive officer of the Partnership’s general partner and of Targa Resources, Inc. (Targa” or the company).

Targa Resources Partners LP was formed by Targa Resources, Inc. to engage in the business of gathering, compressing, treating, processing and selling natural gas and fractionating and selling natural gas liquids and natural gas liquids products.

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