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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT



     Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): March 18, 2003

                         KANEB PIPE LINE PARTNERS, L.P.

               (Exact name of registrant as specified in charter


      Delaware                         001-10311                 75-2287571
(State of Incorporation)          (Commission File No.)       (I.R.S. Employer
                                                             Identification No.)



                          2435 North Central Expressway
                             Richardson, Texas 75080
               (Address of Principal Executive Offices) (Zip Code)


       Registrant's telephone number, including area code: (972) 699-4062



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Item 5.   Other Events.

     On August 23, 2002,  Kaneb Pipe Line  Partners,  L.P.,  a Delaware  limited
partnership  (the  "Partnership"),   filed  with  the  Securities  and  Exchange
Commission  (the  "Commission")  a shelf  registration  statement  on  Form  S-3
(Registration  No.  333-98621)  that became  effective on September 3, 2002 (the
"Registration  Statement").  On March 18, 2003, the Partnership  entered into an
Underwriting  Agreement  relating  to  the  offering  of up to  3,450,000  units
representing  limited  partner  interests  in  the  Partnership  (the  "Units"),
including an over-allotment option to purchase 450,000 units. On March 19, 2003,
the  Partnership  filed  with the  Commission  a  Prospectus  Supplement  to the
Registration Statement pursuant to Rule 424 under the Securities Act of 1933, as
amended, relating to the offering of the Units. Exhibits 1.1, 5.1, 8.1, 23.3 and
23.4 to  this  Form  8-K  relating  to the  issuance  of the  Units  are  hereby
incorporated into such Registration Statement by reference.


Item 7. Financial Statements and Exhibits.

     (c)  Exhibits.

          1.1  Underwriting   Agreement,   dated  March  18,  2003,   among  the
               Registrant,   L.P.,   Kaneb  Pipe  Line   Company   LLC  and  the
               underwriters named therein.

          5.1  Opinion of Fulbright & Jaworski L.L.P.

          8.1  Opinion of Fulbright & Jaworski L.L.P. regarding tax matters.

          23.3 Consent of Counsel (the consent of Fulbright & Jaworski L.L.P. to
               the use of their  opinion  filed as  Exhibit  5.1  hereto and the
               reference  to  their  firm  in  the  Registration   Statement  is
               contained in such opinion).

          23.4 Consent of Counsel (the consent of Fulbright & Jaworski L.L.P. to
               the use of their  opinion  filed as  Exhibit  8.1  hereto and the
               reference  to  their  firm  in  the  Registration   Statement  is
               contained in such opinion).


                                   SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                         KANEB PIPE LINE PARTNERS, L.P.

                                         By: Kaneb Pipe Line Company LLC,
                                             General Partner



Dated March 19, 2003                            //s//
                                         ---------------------------------------
                                         Howard C. Wadsworth
                                         Vice President, Treasurer and Secretary



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                                INDEX TO EXHIBITS

     1.1  Underwriting  Agreement,  dated March 18, 2003,  among the Registrant,
          L.P., Kaneb Pipe Line Company LLC and the underwriters named therein.

     5.1  Opinion of Fulbright & Jaworski L.L.P.

     8.1  Opinion of Fulbright & Jaworski L.L.P. regarding tax matters.

     23.3 Consent of Counsel (the consent of Fulbright & Jaworski  L.L.P. to the
          use of their  opinion filed as Exhibit 5.1 hereto and the reference to
          their  firm  in  the  Registration  Statement  is  contained  in  such
          opinion).

     23.4 Consent of Counsel (the consent of Fulbright & Jaworski  L.L.P. to the
          use of their  opinion filed as Exhibit 8.1 hereto and the reference to
          their  firm  in  the  Registration  Statement  is  contained  in  such
          opinion).