NuStar Energy L.P. Announces Agreement to Sell St. Eustatius Terminal for $250 Million

NuStar Energy L.P. Announces Agreement to Sell St. Eustatius Terminal for $250 Million

SAN ANTONIO–(BUSINESS WIRE)–May 10, 2019–
NuStar Energy L.P. (NYSE: NS) today announced plans to
sell its St. Eustatius Terminal, reported the company’s first quarter
2019 earnings results and reviewed NuStar’s growth and growth projects,
in the Permian and across its system.

“Today, we are pleased to announce that we have signed a definitive
stock purchase agreement to sell our storage terminal facility located
at St. Eustatius in the Caribbean to Prostar Capital for approximately
$250 million, subject to adjustment,” said Brad Barron, president and
chief executive officer of NuStar Energy L.P.

“It has …

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