
First Reserve sells equity interest in Bahamas Oil Refining Company
Investment firm First Reserve has sold its 80 per cent equity interest in the Bahamas Oil Refining Company oil storage terminal to Buckeye Partners for USD1.36bn. First Reserve and Vopak, the tank terminal operator, acquired the Borco oil storage terminal in Freeport, Bahamas, in April 2008 as a joint venture.

