Form 8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report: March 30, 2004

 


 

SUNOCO LOGISTICS PARTNERS L.P.

(Exact name of registrant as specified in its charter)

 


 

Delaware   1-31219   23-3096839

(State or other jurisdiction

of incorporation)

  (Commission file number)  

(IRS employer

identification number)

 

Ten Penn Center, 1801 Market Street, Philadelphia, PA

      19103-1699
(Address of principal executive offices)       (Zip Code)

 

(215) 977-3000

(Registrant’s telephone number, including area code)

 



Item 5. Other Events.

 

On March 30, 2004, Sunoco Logistics Partners L.P. issued a press release announcing that it had:

 

(1) executed a purchase agreement and was proceeding to close a transaction to acquire, for a purchase price of $20 million, certain logistics assets associated with Sunoco, Inc.’s 150,000 bpd Eagle Point refinery, located in Westville, New Jersey, consisting of: (i) crude oil and refined product ship and barge docks; (ii) refined product truck racks; and (iii) a 4.5 mile, refined product pipeline from the refinery to the origin of the Harbor Pipeline; and

 

(2) declared a cash distribution for the first quarter 2004 of $0.57 per common and subordinated partnership unit ($2.28 annualized) payable May 14, 2004 to unitholders of record on April 30, 2004, an increase of $0.02 per partnership unit on a quarterly basis ($0.08 annualized increase).

 

A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

 

  (c) Exhibits

 

  99.1 Sunoco Logistics Partners L.P. Press Release dated March 30, 2004.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

SUNOCO LOGISTICS PARTNERS LP.

By:

 

Sunoco Partners LLC,

   

    its General Partner

   

By:

 

/s/ SEAN P. McGRATH


       

Sean P. McGrath

       

Comptroller

       

(Principal Accounting Officer)

   

Date: March 30, 2004


EXHIBIT INDEX

 

Exhibit
Number


 

Exhibit


99.1   Sunoco Logistics Partners L.P. Press Release dated March 30, 2004