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Subsequent Events
3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Distribution Declaration
On April 29, 2021, our general partner's board of directors declared a quarterly cash distribution of $0.920 per unit, payable on May 14, 2021, to unitholders of record on May 10, 2021.
Exclusivity Supply Agreement
In May 2021, we executed a strategic exclusivity supply agreement with Baker Petrolite LLC (an affiliate of Baker Hughes Company) ("Baker"), for the supply of chemicals to meet IMO regulations through blending competencies utilizing proprietary intellectual property. The agreement has a 5-year initial term and a 5-year extension option. Terms of the agreement are intended to incentivize a cooperative arrangement relating to strategic blending activities to be operated by the Partnership, and provide for profit sharing opportunities through a variable price structure. Annual minimum requirements under the contract are nominal and may be applied towards purchases.