Buckeye Partners LP (BPL_old)

Buckeye Partners, L.P. owns and operates liquid petroleum product pipelines in the United States and internationally. The company operates through three segments: domestic pipelines and terminals, global marine terminals, and merchant services. The Domestic Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, and various distillates. This segment also provides crude oil services, including train loading and unloading, storage, and throughput; turn-key operations and maintenance; asset development; and construction services for third-party pipeline, terminal, and energy assets, as well as operating and/or maintaining third-party pipelines. It owns and operates approximately 6,000 miles of pipeline located primarily in the northeastern and upper midwestern portions of the United States and services 100 delivery locations; 110 active terminals that provide bulk storage and throughput services with an aggregate storage capacity of 55 million barrels; and 2 underground propane storage caverns. The Global Marine Terminals segment provides marine-accessible bulk storage and blending, rail and truck rack loading and unloading, and petroleum processing services located primarily in the East Coast and Gulf Coast regions of the United States, as well as in the Caribbean. This segment owns and operates seven liquid petroleum products and crude oil terminals. The Merchant Services segment is involved in the wholesale distribution of refined petroleum products, including gasoline, natural gas liquids, propane, ethanol, and biodiesel, as well as petroleum distillates, such as heating oil, diesel fuel, kerosene, and fuel oil. This segment also provides fuel oil supply, butane, and distribution services. Buckeye GP LLC serves as the general partner of the company. Buckeye Partners, L.P. was founded in 1886 and is based in Houston, Texas, with additional branches across the globe. Buckeye Partners, L.P. operates as a subsidiary of Buckeye Energy Holdings LLC.