Buckeye Partners, L.P. Announces Successful Open Season for Second Phase of Michigan/Ohio Pipeline Expansion Project
Buckeye Partners, LP subsidiary Buckeye Pipe Line Co. LP, has successfully closed a binding open season for the second phase of its Michigan/Ohio Pipeline Expansion Project .
Once complete, the second phase of the Project will allow Buckeye to offer expanded transportation service of refined petroleum products from origin points in Woodhaven and Detroit, Michigan, Toledo, Findlay and Lima, Ohio, and Midland, Pennsylvania to a destination point in the Altoona area in central Pennsylvania. Buckeye intends to reverse a portion of its existing Laurel pipeline to facilitate the transportation of refined petroleum products from Pittsburgh to central Pennsylvania. The open season closed Oct. 18, 2016.
Based on the positive commitment from prospective shippers, Buckeye Pipe Line will move forward with the Project, subject to the necessary approvals required for implementation. The Project is expected to be completed before the end of 2018.
“This project demonstrates Buckeye’s ability and willingness to meet the needs of our customers,” said Robert A. Malecky, president, domestic pipeline and terminals. “Evolving market conditions across the region continue to support the movement of Midwest products into central Pennsylvania. Building on the recent successful completion of the first phase of our Michigan/Ohio Pipeline Expansion Project, this second phase further expands our pipeline capacity across Michigan and Ohio and provides pipeline connectivity into markets in central Pennsylvania through our existing pipeline infrastructure. We are committed to addressing the region’s shifting supply and demand needs while providing safe and reliable transportation of fuels.”
Buckeye Partners LP is a publicly traded master limited partnership and owns and operates a diversified network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage, and marketing of liquid petroleum products.Buckeye Partners, Buckeye Pipe Line Co., Michigan, Ohio
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