Buckeye Partners’ $250 Million Acquisition of Marine Terminals
02.03.2020 By Greta Talmaci - NEWS

February 03, 2020 [Global Legal Chronicle] – Morgan Lewis represented Buckeye Partners in the transaction.

Buckeye Partners completed the $250 million acquisition of three marine terminals from Magellan Midstream Partners. The three terminals are located in New Haven, Connecticut; Wilmington, Delaware; and Marrero, Louisiana.

The transaction is expected to close by late first-quarter or early second-quarter 2020, subject to regulatory approvals.

Buckeye Partners 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.

Morgan Lewis team advising Buckeye Partners was led by Partner Benjamin Wills (Picture) and associate Conor Larkin, with assistance from partners Amy Kelly and Ross Friedman and associate Lindsay Mozdziock.

————-

Click Here to Access Today a 4,900 Tank Terminal Database With a Pro Trial
Click on the button and register to get instant access to actionable tank storage industry data

Egypt in Talks with Foreign Companies Over Long-Term LNG Purchases, Sources Say
11.21.2024 - NEWS
November 21, 2024 [Reuters]- Egypt is in talks with U.S. and other foreign companies to purchase ... Read More
INEOS and GNFC Sign a Memorandum of Understanding to Build a New World Scale Acetic Acid Unit in India
11.21.2024 - NEWS
November 21, 2024 [INEOS]- INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals L... Read More
Peru's State Oil Firm Could Open to Private Investors in 2025, Chairman says
11.21.2024 - NEWS
November 21, 2024 [Reuters]- Peru’s indebted state-run oil firm could consider offering a ... Read More
China Crude Oil Imports Set for November Rebound, But It's Price not Demand
11.21.2024 - NEWS
November 21, 2024 [Reuters]- China’s crude imports are on track to rebound in November to t... Read More