Buckeye Provides Buckeye Bahamas Hub Hurricane Dorian Impact Update
September 06 2019 - 1:40PM
Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported that
it has now accounted for all employees at its Buckeye Bahamas Hub
(BBH) facility and continues its focus on relief and recovery. An
initial delivery of supplies and other resources, including food,
clothing, hygiene stations, and temporary housing, for those BBH
employees and their immediate families in need is commencing, and
such support and relief efforts will continue in the days ahead.
“The health and well-being of all our employees and the community
where we operate are Buckeye’s top priority. Given the
unprecedented nature of Hurricane Dorian and its devastating impact
to the residents of Freeport/Grand Bahama Island, Buckeye has also
communicated our commitment to relief efforts to the Government of
The Bahamas,” stated Clark C. Smith, Chairman, President and Chief
Executive Officer.
With respect to BBH operations, facility
inspections continue following Hurricane Dorian. Initial
assessments found minor damage to the facility from wind and rain,
and no indications of any product release. A complete assessment of
storm impacts to the facility is currently being undertaken.
Buckeye continues to communicate with its customers regarding
timelines for the safe resumption of partial operations. “We are
grateful and relieved that all of our personnel are accounted for
and safe,” said Khalid A. Muslih, Executive Vice President and
President of Buckeye’s Global Marine Terminals. “Along with our
relief and employee support efforts, we are now concentrating on
restoring safe operations at BBH as soon as possible.”
Buckeye will continue to provide updates as more
information becomes available.
About Buckeye Partners,
L.P.
Buckeye Partners, L.P. (NYSE: BPL) is a publicly traded master
limited partnership which owns and operates a diversified global
network of integrated assets providing midstream logistic
solutions, primarily consisting of the transportation, storage,
processing and marketing of liquid petroleum products. Buckeye is
one of the largest independent liquid petroleum products pipeline
operators in the United States in terms of volumes delivered, with
approximately 6,000 miles of pipeline. Buckeye also uses its
service expertise to operate and/or maintain third-party pipelines
and terminals and perform certain engineering and construction
services for its customers. Buckeye’s global terminal network
comprises more than 115 liquid petroleum products terminals with
aggregate tank capacity of over 118 million barrels across our
portfolio of pipelines, inland terminals and marine terminals
located primarily in key petroleum logistics hubs in the East
Coast, Midwest and Gulf Coast regions of the United States as well
as in the Caribbean. Buckeye’s terminal assets facilitate global
flows of crude oil and refined petroleum products, offering its
customers connectivity between supply areas and market centers
through some of the world’s most important bulk liquid storage and
blending hubs. Buckeye’s wholly owned flagship marine terminal in
The Bahamas, Buckeye Bahamas Hub, is one of the largest marine
crude oil and refined petroleum products storage facilities in the
world and provides an array of logistics and blending services for
the global flow of petroleum products. Buckeye’s Gulf Coast
regional hub, Buckeye Texas Partners, offers world-class marine
terminalling, storage and processing capabilities. Buckeye is also
a wholesale distributor of refined petroleum products in certain
areas served by its pipelines and terminals. More information
concerning Buckeye can be found at www.buckeye.com.
Contact: |
Kevin J. GoodwinVice President &
Treasurerirelations@buckeye.com(800) 422-2825 |
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