Buckeye Partners

Buckeye Partners, L.P. (Buckeye) is a master limited partnership. The Partnership is principally engaged in the transportation, terminalling and storage of petroleum products in the United States for integrated oil companies, refined petroleum product marketing companies and end users of petroleum products. On January 18, 2008, Buckeye acquired all of the equity interests in Lodi Gas. On February 8, 2008, it acquired all the membership interests in Farm & Home. On February 19, 2008, Buckeye acquired terminal in Niles, Michigan and a 50% ownership interest in a terminal in Ferrysburg, Michigan from an affiliate of ExxonMobil Corporation. Buckeye purchased the 50% member interest in WesPac Pipelines—San Diego LLC (WesPac San Diego) from Kealine LLC (Kealine) on May 1, 2008. On June 20, 2008, Buckeye acquired a refined petroleum products terminal in Wethersfield, Connecticut and on August 28, 2008, Buckeye acquired an ethanol and petroleum products terminal in Albany.
(Source: 10-K)