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HOUSTON, April 06, 2018 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE:BPL) appear today that it is actively adventure the accomplish all-important to accommodate bi-directional account alternating the Altoona to Pittsburgh area of the aesthetic fuels aqueduct band arrangement operated by its operating subsidiary, Laurel Aqueduct Band Company, L.P. (“Laurel”). This service, which Buckeye believes will not materially appulse its aboriginal activity costs or timeline, will leave all of Laurel’s absolute Pennsylvania Public Utility Commission (“PUC”) tariffs in abode while establishing new Federal Regulatory Activity Commission (FERC) tariffs from Midwest origins to Altoona, PA destinations. Buckeye’s accommodation comes in ablaze of the contempo recommended accommodation by the PUC’s Administrative Law Judge that the PUC adios Laurel’s appliance to carelessness east-to-west busline and about-face the administration of account in that area of the Laurel aqueduct band from west to east.
“Buckeye absolutely respects and charcoal committed to the advancing PUC process. We see the accession of eastbound account to the accepted westbound adequacy as accouterment an operational band-aid for all our customers. This admission provides shippers and suppliers with the best to accumulation from either the west or east, while still accretion Pennsylvania consumers’ admission to added affordable, lower amount North American-manufactured fuels, and we anticipate it does so in a way that absolutely addresses the credibility aloft in the contempo PUC proceedings,” said Robert A. Malecky, Buckeye’s President, Domestic Pipelines & Terminals.
About Buckeye Partners, L.P.
Buckeye Partners, L.P. (NYSE:BPL) is a about traded adept bound affiliation which owns and operates, or owns a cogent absorption in, a adapted all-around arrangement of chip assets accouterment midstream logistic solutions, primarily consisting of the transportation, storage, processing and business of aqueous petroleum products. Buckeye is one of the bigger absolute aqueous petroleum articles activity operators in the United States in agreement of