Welcome to Buckeye Partners, L.P.

Welcome

Buckeye Partners, L.P. is a publicly traded partnership (NYSE: BPL) that owns and operates one of the largest independent refined petroleum products pipeline systems in the United States in terms of volumes delivered, with approximately 5,400 miles of pipeline; owns 67 active refined petroleum products terminals; operates and maintains approximately 2,400 miles of pipeline under agreements with major oil and chemical companies; owns a major natural gas storage facility in northern California; and markets refined petroleum products in certain of the geographic areas served by its pipeline and terminal operations.

Buckeye GP Holdings, L.P. (NYSE: BGH) owns and controls the general partner of Buckeye Partners. Please see the Buckeye GP Holdings website at www.buckeyegp.com for more information.

News

Buckeye Partners, L.P. Announces Non-Binding Open Season for Marcellus NGL Feedstock Pipeline

March 9, 2010...Buckeye Partners, L.P. announced today that it is currently holding a non-binding open season through March 31, 2010 for its previously announced Union Pipeline project. Open Season Information

Buckeye Partners, L.P. Announces filing of 2009 Annual Report and availability of 2009 K-1

February 26, 2010...Buckeye Partners, L.P. (Buckeye)(NYSE: BPL) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2009 with the U.S. Securities and Exchange Commission(SEC). Buckeye’s Annual Report on Form 10-K is available through Buckeye’s website.

Buckeye Partners, L.P. and NOVA Chemicals Corporation Sign Memorandum of Understanding

February 10, 2010...Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) and NOVA Chemicals Corporation (NOVA Chemicals) announced today that they have signed a memorandum of understanding regarding the evaluation and development of a mixed natural gas liquids (NGL) pipeline from the Marcellus Basin in Pennsylvania to the refining and petrochemical complex in the Sarnia-Lambton area in Ontario, Canada. The Union Pipeline Project, which is subject to final agreements and any necessary regulatory approvals, would ship mixed NGLs, principally for use as petrochemical feedstock.

Buckeye Partners, L.P. Reports 2009 Fourth Quarter and Full Year results and Increases Distribution

February 5, 2010...Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) today reported net income attributable to Buckeye’s unitholders for the fourth quarter of 2009 of $77.7 million, or $1.17 per limited partner (LP) unit, compared to $54.1 million, or $0.89 per LP unit, for the fourth quarter of 2008. Net income attributable to Buckeye’s unitholders for the fourth quarter of 2009 included the reversal of $12.8 million of a previously recognized non-cash impairment expense as a result of the sale in January 2010 of a natural gas liquids (NGL) pipeline system, and the recognition of $2.9 million of additional restructuring charges. Combined, these special items increased net income by $9.9 million, or $0.14 per LP unit, for the fourth quarter of 2009.

Buckeye Partners Completes Sale of NGL Pipeline System

January 28, 2010...Buckeye Partners, L.P. announced today that it has completed the sale of its natural gas liquids (NGL) pipeline system to DCP Midstream Partners for $22 million in cash. The system transports NGLs from natural gas processing plants located in the Denver-Julesberg producing basin of northern Colorado to central Kansas.