Global Partners Opens New Distillate Terminal in Providence, Rhode Island

January 29, 2008

WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 29, 2008--Global Partners LP (NYSE: GLP) today announced the opening of its new distillate and biofuels terminal in Providence, Rhode Island. The terminal, which has the capacity to store 244,000 barrels of refined petroleum products, is part of Global's new deepwater marine terminal project being developed at the Port of Providence.

"The Port of Providence serves the energy needs of residents and businesses throughout Rhode Island as well as southeastern and central Massachusetts," said Eric Slifka, Global's president and chief executive officer. "Increasing our distillate fuel capacity in Rhode Island enables us to more effectively supply our existing wholesale and commercial customers in the region. This expansion also allows us to cultivate new opportunities and serve the marketplace through multiple rack locations while building on our 75-year history in New England."

The newly refurbished distillate terminal concludes the first phase of Global's 474,000 barrel terminal project. The partnership also is building approximately 230,000 barrels of residual fuels storage at the Port of Providence. This capacity is scheduled to come on line in the first half of 2008.

About Global Partners LP

Global Partners LP, a publicly traded master limited partnership based in Waltham, Massachusetts, owns, controls or has access to one of the largest terminal networks of refined petroleum products in the Northeast. The partnership is one of the largest wholesale distributors of gasoline, distillates (such as home heating oil, diesel and kerosene) and residual oil to wholesalers, retailers and commercial customers in the Northeast. Global Partners LP, a FORTUNE 500(R) company, trades on the New York Stock Exchange under the ticker symbol "GLP." For additional information, please visit

Safe Harbor Statement

This news release contains certain "forward-looking statements" within the meaning of the federal securities laws. These forward-looking statements are identified as any statements that do not relate strictly to historical or current facts and can generally be identified by the use of forward-looking terminology including "will," "may," "believe," "expect," "anticipate," "estimate," "continue" or other similar words. Such statements may discuss business prospects, goals, new developments and future expectations or contain projections of results of operations, financial condition and Global Partners LP's ability to make distributions to unitholders. These statements are not guarantees of performance. Although Global Partners LP believes these forward-looking statements are based on reasonable assumptions, statements made regarding future results are subject to a number of assumptions, uncertainties and risks, many of which are beyond the control of Global Partners LP, which may cause actual results to be materially different from the forward-looking statements contained in this news release. For specific risks and uncertainties that could cause actual results to differ materially from forward-looking statements, please refer to Global Partners LP's Annual Report on Form 10-K for the year ended December 31, 2006 and Quarterly Report on Form 10-Q for the three months ended September 30, 2007 and subsequent filings the partnership makes with the Securities and Exchange Commission. All forward-looking statements included in this news release and all subsequent written or oral forward-looking statements attributable to Global Partners LP or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements speak only as of the date made, and Global Partners LP undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Global Partners LP
Thomas J. Hollister, 781-894-8800
Chief Operating Officer and
Chief Financial Officer
Edward Faneuil, 781-894-8800
Executive Vice President,
General Counsel and Secretary

SOURCE: Global Partners LP