June 13, 2013 [Global Newswire] - Buckeye Partners, L.P. announced today that Khalid A. Muslih has been appointed President of Buckeye's International Pipelines and Terminals business unit.
Mr. Muslih has been an integral member of the Buckeye executive team since 2007, having served most recently as Buckeye’s Senior Vice President, Corporate Development and Strategic Planning. Mr. Muslih is succeeding Mary F. Morgan, who is retiring from Buckeye at the end of the month.
“As head of our Corporate Development and Strategic Planning functions, Khalid Muslih has been a leader in developing and shaping the vision around our growth and diversification,” said Clark C. Smith, President and Chief Executive Officer.
“We believe Khalid’s extensive industry and market knowledge will serve him well as he continues to develop our international marine terminal business and strengthens Buckeye’s position in the global petroleum marketplace.
We appreciate Mary’s contributions to Buckeye’s success and wish her well in her future endeavors.”
Buckeye also announced today that Chris S. Pine has been promoted to Vice President, Corporate Development and Strategic Planning and will report to Keith E. St.Clair, Executive Vice President and Chief Financial Officer.
Mr. Pine joined Buckeye in 2009 and has served in various Corporate Development and Business Analysis functions during his tenure. “Chris has had an important role in crafting our strategy and in our very successful corporate development activities,” said Mr. Smith. “We expect our growth and our record of success to continue under his leadership.”
Buckeye Partners, L.P. is a publicly traded master limited partnership that owns and operates one of the largest independent liquid petroleum products pipeline systems in the United States in terms of volumes delivered, with approximately 6,000 miles of pipeline.
Buckeye also owns more than 100 liquid petroleum products terminals with aggregate storage capacity of over 70 million barrels.
In addition, Buckeye operates and/or maintains third-party pipelines under agreements with major oil and chemical companies, owns a high-performance natural gas storage facility in Northern California, and markets liquid petroleum products in certain regions served by its pipeline and terminal operations.
Buckeye’s flagship marine terminal in The Bahamas, BORCO, is one of the largest crude oil and petroleum products storage facilities in the world, serving the international markets as a premier global logistics hub.