Buckeye Partners, L.P. Announces Offering of Senior Notes

Buckeye Partners, L.P. Announces Offering of Senior Notes

HOUSTON, Nov. 6, 2013 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. ("Buckeye")
(NYSE:BPL) announced today that it plans to issue senior unsecured notes
pursuant to an effective shelf registration statement on Form S-3 previously
filed with the Securities and Exchange Commission. Buckeye intends to use the
net proceeds from the offering to fund a portion of the cash consideration for
its previously announced acquisition of liquid petroleum products terminals
from Hess Corporation ("Hess") and for general partnership purposes.

Barclays Capital Inc., SunTrust Robinson Humphrey, Inc., Wells Fargo
Securities, LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC,
and UBS Securities LLC are acting as joint book-running managers of the senior
unsecured notes offering.

This news release does not constitute an offer to sell or a solicitation of an
offer to buy the securities described herein, nor shall there be any sale of
these securities in any state or jurisdiction in which such an offer,
solicitation, or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. The offering may be made
only by means of a prospectus supplement and accompanying base prospectus.

Copies of the prospectus supplement and accompanying base prospectus related
to this offering may be obtained from: Barclays Capital Inc., c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by
telephone at (888) 603-5847, or by email at barclaysprospectus@broadridge.com;
SunTrust Robinson Humphrey, Inc., 3333 Peachtree Road, 11th Floor, Atlanta, GA
30326, Attention: Prospectus Department, or by telephone at (800) 685-4786; or
Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte,
North Carolina 28262, Attn: Capital Markets Client Support, by telephone
(toll-free) at (800) 326-5897 or by email at cmclientsupport@wellsfargo.com.

Buckeye Partners, L.P. (NYSE:BPL) is a publicly traded master limited
partnership that owns and operates one of the largest independent liquid
petroleum products pipeline systems in the United States in terms of volumes
delivered, with approximately 6,000 miles of pipeline. Buckeye also owns more
than 100 liquid petroleum products terminals with aggregate storage capacity
of over 70 million barrels. In addition, Buckeye operates and/or maintains
third-party pipelines under agreements with major oil and chemical companies,
owns a high-performance natural gas storage facility in Northern California,
and markets liquid 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 crude oil and petroleum products storage
facilities in the world, serving the international markets as a global
logistics hub. More information concerning Buckeye can be found at

This press release includes forward-looking statements that we believe to be
reasonable as of today's date. Such statements are identified by use of the
words "anticipates," "believes," "estimates," "expects," "intends," "plans,"
"predicts," "projects," "should," and similar expressions. Actual results may
differ significantly because of risks and uncertainties that are difficult to
predict and that may be beyond our control. Among them are (i) changes in
federal, state, local, and foreign laws or regulations to which we are
subject, including those governing pipeline tariff rates and those that permit
the treatment of us as a partnership for federal income tax purposes, (ii)
terrorism, adverse weather conditions, including hurricanes, environmental
releases, and natural disasters, (iii) changes in the marketplace for our
products or services, such as increased competition, better energy efficiency,
or general reductions in demand, (iv) adverse regional, national, or
international economic conditions, adverse capital market conditions, and
adverse political developments, (v) shutdowns or interruptions at our
pipeline, terminal, and storage assets or at the source points for the
products we transport, store, or sell, (vi) unanticipated capital expenditures
in connection with the construction, repair, or replacement of our assets,
(vii) volatility in the price of refined petroleum products and the value of
natural gas storage services, (viii) nonpayment or nonperformance by our
customers, (ix) our ability to integrate acquired assets with our existing
assets and to realize anticipated cost savings and other efficiencies and
benefits, (x) the risk that the acquisition of the liquid petroleum products
terminals from Hess may not be consummated, (xi) our failure to realize the
expected benefits of the acquisition of the liquid petroleum products
terminals from Hess, (xii) our ability to successfully complete our organic
growth projects and to realize the anticipated financial benefits, and (xiii)
an unfavorable outcome with respect to the proceedings pending before the
Federal Energy Regulatory Commission regarding Buckeye Pipe Line Company,
L.P.'s transportation of jet fuel to the New York City airports. You should
read our filings with the U.S. Securities and Exchange Commission, including
our Annual Report on Form 10-K for the year ended December 31, 2012 and our
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013, June 30,
2013, and September 30, 2013, for a more extensive list of factors that could
affect results. We undertake no obligation to revise our forward-looking
statements to reflect events or circumstances occurring after today's date.

CONTACT: Kevin J. Goodwin
         Senior Director, Investor Relations
         (800) 422-2825
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