Buckeye Partners Finalizes NGL Pipeline Sale
Buckeye Partners L.P. has completed the sale of its NGL pipeline system to DCP Midstream Partners for $22 million.
The system transports NGLs from natural gas processing plants located in the Denver-Julesberg producing basin of northern Colorado to central Kansas.
"We are pleased to complete the disposition of the NGL pipeline system, which was placed for sale after completion of a strategic review of our portfolio of operating assets," said Forrest E. Wylie, Chairman and CEO of Buckeye's general partner.
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