Wednesday, December 2, 2009

Blueknight Energy Partners, L.P

In November 2009, Vitol, Inc. acquired a 100% interest in SemGroup Energy Partners G.P., LLC and 12.6 million subordinated units in SemGroup Energy Partners, L.P. (SGLP) from Manchester Securities Corp., a security brokerage firm. From December 1st 2009, the business was re-named Blueknight Energy Partners,L.P.

The assets of Blueknight Energy partners include a crude oil storage terminal in Cushing, Oklahoma and associated pipeline facilities, other pipeline and gathering systems in Texas, Oklahoma, and Kansas, along with 46 asphalt terminal facilities located across 23 states in the US.

http://www.vitol.com/news.php?id=53&o=0