|I see BPL has assets in Freeport |
OverviewBuckeye Bahamas Hub is the leading hub in the Caribbean region and the largest petroleum products terminal in the Western Hemisphere. Buckeye Bahamas Hub currently has over 26 million barrels of storage capacity and 8 berths, including 2 VLCC-capable berths. Storage includes capacity for crude oil, fuel oil and VGO, diesel fuel, and gasoline and components. These products are imported from locations around the world and stored or blended at Buckeye Bahamas Hub for export, including to regional consumers, key import locations in the Americas, and long-haul markets in Asia. Due to the scale of the location, Buckeye Bahamas Hub is ideally suited for blending, transshipping, and terminalling operations for global trade flows.
Additionally, Buckeye Bahamas Hub provides certain import and export advantages for our customers, as it is situated within the Grand Bahama Port Authority Freeport Free Trade Zone area and thus imports to the facility are granted exemption from customs duties.