8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 11, 2019

Buckeye Partners, L.P.

(Exact name of registrant as specified in its charter)

Delaware	1-9356	23-2432497
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

One Greenway Plaza Suite 600 Houston, Texas	77046
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (832) 615-8600

Not Applicable

(Former name or former address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Limited partner units representing limited partnership interests	BPL	The New York Stock Exchange

Item 7.01          Regulation FD Disclosure.

On September 11, 2019, Buckeye Partners, L.P. (the “Partnership”) issued a press release announcing that it has partially resumed operations at its Buckeye Bahamas Hub facility following Hurricane Dorian.  The press release is being furnished with this Current Report on Form 8-K as Exhibit 99.1 and is hereby incorporated herein by reference.

With respect to the proposed acquisition of the Partnership by entities affiliated with IFM Global Infrastructure Fund announced on May 10, 2019 (the “proposed merger”), progress is being made on the completion of the remaining customary closing conditions related to the proposed merger, and the Partnership currently continues to anticipate that the proposed merger will close during the fourth quarter of 2019.  For more information regarding the proposed merger, please see the Partnership’s Current Reports on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on May 10, 2019 and July 31, 2019 and Schedule 14A filed with the SEC on June 25, 2019, as supplemented by the Partnership’s Current Report on Form 8-K filed with the SEC on July 22, 2019.

The information furnished pursuant to this Item 7.01 (including Exhibit 99.1) shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any filing made by the Partnership pursuant to the Securities Act of 1933, as amended, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto.

Item 9.01          Financial Statements and Exhibits.

(d)          Exhibits

Exhibit No.	Description
99.1	Press Release of Buckeye Partners, L.P., issued September 11, 2019

Exhibit Index

Exhibit Number                                         Description

99.1                               Press Release of Buckeye Partners, L.P., issued September 11, 2019

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BUCKEYE PARTNERS, L.P.
By:	Buckeye GP LLC,
	its General Partner
By:	/s/ TODD J. RUSSO
	Todd J. Russo
	Senior Vice President, General Counsel and Secretary

 

Dated: September 11, 2019

EX-99.1

Exhibit 99.1

  News Release   NYSE: BPL
  Buckeye Partners, L.P. One Greenway Plaza Suite 600 Houston, TX 77046  

Contact:   Kevin J. Goodwin Vice President & Treasurer irelations@buckeye.com (800) 422-2825

Buckeye Bahamas Hub Partially Restarts Operations

HOUSTON, September 11, 2019 — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported that it has partially resumed operations at its Buckeye Bahamas Hub (“BBH”) facility following Hurricane Dorian.  BBH is now able to accommodate customer vessels at its inland berths for both loading and unloading of petroleum products.  Work continues on completing final assessments, and restoring full operations at the facility in the near future.  “I would like to commend our Buckeye emergency response teams for their tireless efforts to support our employees and their families during the recovery, as well as staying focused on safely resuming full operations at our Buckeye Bahamas Hub,” said Khalid A. Muslih, Executive Vice President and President of Buckeye’s Global Marine Terminals.

As Buckeye previously reported, preliminary assessments of the facility found only minor damage from wind and rain, with no indications of any product release or environmental threats.  All BBH employees have been accounted for, and an initial delivery of supplies and resources for employees and their families has arrived.  Relief efforts will be on going as Buckeye seeks to assist our employees and the community, as their safety, health, and well-being is our top priority.

Buckeye will continue to provide updates as additional 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.

* * * * *

XML

Document and Entity Information	Sep. 11, 2019
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Sep. 11, 2019
Entity Registrant Name	Buckeye Partners, L.P.
Entity Incorporation, State or Country Code	DE
Entity File Number	1-9356
Entity Tax Identification Number	23-2432497
Entity Address, Address Line One	One Greenway Plaza
Entity Address, Address Line Two	Suite 600
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77046
City Area Code	832
Local Phone Number	615-8600
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000805022
Title of 12(b) Security	Limited partner units representing limited partnership interests
Trading Symbol	BPL
Security Exchange Name	NYSE