BahamasOilRefiningCompanyInternationalLimited(BORCO)isthelargeststorageterminalfacilityintheCaribbean,withtheabilitytostore,blend,transshipandbunkerfueloil,crudeoilandvariouspetroleumproducts.BORCOhas21millionbarrelsofstoragecapacity.BORCO'sfacilitiesarestrategicallypositionedalongtheNorthwestProvidenceChannelonthesoutherncoastofGrandBahamaIsland.Thislocationisideallysuitedforblending,transshippingandterminalingoperationsfortheArabianGulf,NorthwestEuropeandWestAfricatradetotheUnitedStates'GulfCoastandEastCoast,aswellasforNorthAmericatradetoEurope,LatinAmericaandthePacific.ThecompanyisheadquarteredinFreeport,Bahamas.Formoreinformationcallusat(242)350-2100Fax:(242)352-4029WestSunriseHighway,F-42435,Freeport,GrandBahama,TheBahamasVxÄxuÜtà|ÇzDEHlxtÜáÉyfxÜä|vxDKKI@ECDDAsubsidiaryofBUCKEYEPARTNERS,L.P.

InvestGrandBahamaGB9BAHAMASOILREFININGCOMPANYINTERNATIONALLIMITEDBahamasOilRefiningCompanyInternationalLtd(BORCO)isthelargeststorageterminalfacilityintheCaribbeanregion,withtheabilitytostore,blend,transshipandbunkerfueloil,crudeoilandvariouspetroleumproducts.BORCO'slocationonGrandBahama,justofftheFloridacoast,andinthemiddleofsomeoftheplanet'sbusiestshippingroutesoffersunparalleledaccesstomarketsintheArabianGulf,northwestEurope,westAfrica,theUSGulfCoastandEastCoast,andNorthAmericantradetoEurope,LatinAmericaandthePacific.Theislandalsohasoneofthelargestnaturaldeep-waterharboursintheregion.TheseattributesdidnotgounnoticedbyBuckeyePartnersLPwhenBORCOcameontothemarketlastyear.TheUSfirmsnappeduptheoilstorageandrefiningfacilityfor$1.7billion."BORCOisoneofthepremiermarineterminalsintheworld,"saysClarkCSmith,presidentandchiefoperatingofficerofBuckeye."Itwasaterrificopportunitytobuyoneofthebestassetsintheworld-agreatacquisitionforus.It'snotjustastoppingpointforstorage.We[also]haveancillaryservicesherethatprocesstheproductforthemarket."Presently,BORCOhas21.6millionbarrelsofstoragecapacity,butBuckeyehasputinplaceongoingexpansionplans,whichincludeanewinlanddockthatwillallowsmallershipstoloadandunloadinaprotectedarea,andadditionalstoragecapacity.BuckeyeexpectsPhaseTwooftheexpansiontogetunderwayin2013,increasingcapacitybyafurther4.5millionbarrels."WewillcontinuetobuildBORCOintoalarger,moresuccessfulbusiness,"saysSmith."WeloveworkinginTheBahamasandthepeopleareterrific.Idon'tthinkyoucouldfindabetterplacetodobusinessthanGrandBahamaintermsofthepeopleandtheopportunity."