multiple sources confirm Shells plan is to completely exit the northeast market by the 4th quarter or 2017, and concentrate on the more profitable other areas of the country. once the motiva split is complete, the most underperforming terminals will be put up for sale first with the others to follow. the Saudis didn't want these terminals, nor did shell, but shell took them with the intent to unload them, and raise some cash.
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Yes, very reliable source says Buckeye pipeline may be in talks right now to buy the distribution terminals.
probably won't sell sewaren, unless they sell all 5 as a "package deal"
Lies!