Specialist
Former Senior Director at Buckeye Partners LP
Agenda
- Midstream market's key dynamics
- Buckeye's (NYSE: BPL) competitive landscape and differentiating factors
- Assets overview
- H2 2019 and long-term challenges
Questions
1.
What is your updated perspective on Buckeye? What key themes or trends are interesting of late?
2.
What are your thoughts about the portfolio and the strategy for any key markets you are watching?
3.
How do the contracts differ for the Gulf Coast Terminal export facilities vs traditional pipeline product?
4.
Are you aware of any material change in relationship with customers and the contract negotiations across products or markets? Buckeye’s contract loss in 2008 impacted its storage utilisation? How should we think about that moving forward?
5.
You talked about the overall pipeline and some sort of industry pushback originally. What are your thoughts on the bidirectional service and what would you expect?
6.
You mentioned the dynamics in Texas and not moving forward with the South Texas Gateway pipeline. You also mentioned getting more into distillates market. What was your takeaway from this, why would Buckeye start to move away from crude?
7.
Thinking about the Global Marine Terminals business and the impact of IMO 2020, what would you keep an eye on? What are your general thoughts about that transition?
