Buckeye Partners LP announced that one of its operating subsidiaries, Buckeye Pipe Line Company LP, launched a binding open season to solicit commitments for the second phase of its Michigan/Ohio Pipeline Expansion Project. Once complete, the second phase of the project will allow Buckeye to offer expanded transportation service of refined petroleum products from origin points in Woodhaven and Detroit, MI, Toledo, Findlay and Lima, OH, and Midland, PA to a destination point in the Altoona area in central Pennsylvania.
Buckeye intends to reverse a portion of its existing Laurel Pipeline to facilitate the transportation of refined petroleum products from Pittsburgh to central Pennsylvania. This phase of the project is in addition to the first phase, which offered expanded transportation services from Midwestern origin points to destination points as far east as the Pittsburgh area.
Shippers electing to make long-term volume commitments to the second phase of the project during the open season will be eligible to receive firm service for their committed volumes. The binding open season will commence on August 31, 2016 and is scheduled to conclude at 5:00 p.m. Central Time on October 14, 2016.