SOURCE: Buckeye Partners, L.P.

Buckeye Partners, L.P.

March 08, 2011 16:23 ET

Buckeye Partners, L.P.'s 2010 Schedule K-1 Tax Packages Are Now Available

HOUSTON, TX--(Marketwire - March 8, 2011) - Buckeye Partners, L.P. ("Buckeye") (NYSE: BPL) announced today that the 2010 unitholder tax packages are available online. Investors can obtain their tax packages, which include Schedule K-1, on the internet at The link is also posted on Buckeye's Tax and K-1 Information page in the Investor Center section of Buckeye's website at Mailing of Buckeye Partners, L.P. tax packages will commence on Friday, March 11, 2011. All tax package changes can be made through the Tax Package Support website, or directed to Buckeye's K-1 call center at (800) 230-7224.

Buckeye unitholders that received BPL units in connection with the merger between Buckeye and Buckeye GP Holdings L.P. ("BGH") will receive separate 2010 tax packages for each company. Mailing of BGH tax packages will commence on March 11, 2011 and will not be available online. All changes to BGH tax packages should be made through the dedicated call center for BGH at (877) 527-6380.

Buckeye Partners, L.P. (NYSE: BPL) is a publicly traded partnership 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. Buckeye also owns 69 liquid petroleum products terminals with aggregate storage capacity of approximately 53 million barrels, operates approximately 2,600 miles of pipeline under agreements with major oil and chemical companies, owns a high-performance natural gas storage facility in Northern California, and markets refined 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 oil and petroleum products storage facilities in the world, serving the international markets as a premier global logistics hub. Buckeye is celebrating its 125th anniversary as a midstream energy company in 2011. More information concerning Buckeye can be found at