April 2010 Vol. 237 No. 4


Buckeye/NOVA Chemicals Plan NGL Pipeline

Buckeye Partners, L.P. and NOVA Chemicals Corp. have signed a memorandum of understanding regarding the evaluation and development of a mixed NGL pipeline from the Marcellus Basin in Pennsylvania to the refining and petrochemical complex in the Sarnia-Lambton area in Ontario, Canada. The Union Pipeline Project would ship mixed NGLs principally for use as petrochemical feedstock. Plans call for Buckeye to develop, construct, own, and operate the Union Pipeline and conduct an open season to solicit additional customer interest in the destination market in Sarnia prior to executing definitive agreements. The Union Pipeline Project would diversify refining and petrochemical feeds

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