Buckeye Partners LP said it was asking shippers to review their current nominations on pipeline segments L316, L203, L415/521, L403 and L010 to revise them with binding nominations. The U.S. midstream pipeline company said nominations for all the five pipeline segments for February 2014 exceed capacity.The L316 line segment delivers to destinations such as Bradley Road and Lorain, Ohio, while its L415/521 Midwest line segment delivers shipments to destinations including Aurora and Brecksville in Ohio, as well as Midland and Coraopolis in Pennsylvania.Batches for the L203 system are sourced from origins in Ohio and Michigan, and have delivery destinations in Michigan.The L403 segment originates from the company's Chicago Complex and other points, delivering to Avon and Clermont in Indiana.
Buckeye Partners, L.P. (Buckeye) is a master limited partnership. Shares of BPL traded higher by 0.68% or $0.48/share to $70.84. In the past year, the shares have traded as low as $51.36 and as high as $73.44. On average, 368808 shares of BPL exchange hands on a given day and today's volume is recorded at 311620.
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