UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): December 31, 2007

 

Buckeye Partners, L.P.

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-9356

 

23-2432497

(State or Other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

Five TEK Park
9999 Hamilton Blvd.

 

 

Breinigsville, Pennsylvania

 

18031

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:    (610) 904-4000

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01               Other Events.

 

On July 24, 2007, Buckeye Partners, L.P. entered into a Purchase and Sale Agreement to acquire all of the limited liability company membership interests in Lodi Gas Storage, L.L.C. for total cash consideration of approximately $440 million (the “Agreement”).  The Agreement provides that either party may terminate the Agreement if the closing of the transaction has not occurred by December 31, 2007 (the “Termination Date”). Because certain required regulatory approvals had not yet been received by December 31, 2007, the parties extended the Termination Date on December 31, 2007 to March 31, 2008.

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

BUCKEYE PARTNERS, L.P.

 

 

 

By:

Buckeye GP LLC,

 

 

 

its General Partner

 

 

 

 

 

 

 

 

By:

STEPHEN C. MUTHER

 

 

 

 

Stephen C. Muther

 

 

 

President

 

 

 

 

 

 

Dated: January 2, 2008

 

 

 

 

 

 

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