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. Reports 2010 Second Quarter Results and Increases Quarterly Cash Distribution

August 6, 2010...Buckeye Partners, L.P. ("Buckeye") (NYSE: BPL) today reported net income attributable to Buckeye's unitholders for the second quarter of 2010 of $53.6 million or $0.78 per limited parter ("LP") unit, compared to a loss of $48.4 million, or loss of $1.17 per LP unit, for the second quaarter of 2009. The second quarter of 2009 included $72.5 million of expense to reduce the carrying value of an NGL pipeline system and $28.1 million of expense for organizational restructuring. Excluding these charges, net income attributable to Buckeye's unitholders for the second quarter of 2009 would have been $52.1 million, or $0.78 per LP unit.

Buckeye Partners, L.P. Acquires Additional Interest in West Shore Pipe Line Company

August 3, 2010...Buckeye Partners, L.P. ("Buckeye") (NYSE: BPL) announced today that it has excercised its right to purchase an additional interest in West Shore Pipe Line Company ("West Shore") resulting from the sale of an ownership interest by an affiliate of BP plc. Buckeye increased its ownership to 34.6 percent from 24.9 percent. Buckeye has paid approximately $13.4 million for the additional ownership interest.

Buckeye Partners, L.P. and Buckeye GP Holdings L.P. Announce Merger

June 11, 2010...Buckeye Partners, L.P. ("BPL") (NYSE: BPL) and Buckeye GP Holdings L.P. ("BGH) (NYSE) today announced a definitive agreement that would result in the merger of the two partnerships. Presentation materials for this announce are at the following link; BPL and BGH Announce Merger.

Buckeye Partners, L.P. Announces Favorable Results from Non-Binding Open Season

April 6, 2010... Buckeye Partners, L.P. announced today that it has received favorable responses from potential customers to transport natural gas liquids ("NGLs") produced in the Marcellus Shale Basin in Pennsylvania to the market in Sarnia, Ontario on its proposed Marcellus Union Pipeline project... "Based on this level of interest, Buckeye is now considering the possibility of adding a destination near Chicago..." Open Season Information