Exhibit 10.2

*** Where this marking appears throughout this Exhibit 10.2, information has
been omitted pursuant to a request for confidential treatment and such
information has been filed with the Securities and Exchange Commission
separately.

CRUDE OIL STORAGE SERVICES AGREEMENT

THIS CRUDE OIL STORAGE SERVICES AGREEMENT (this “Agreement”) is entered into
effective as of June 1, 2012 (the “Effective Date”) by and between BKEP
Pipeline, LLC, a Delaware limited liability company, (“Operator”), with offices
at 201 NW 10th Street, Oklahoma City, Oklahoma 73103, and Vitol Inc., a Delaware
corporation (“Customer”), with offices at 1100 Louisiana, Houston, Texas 77002
(each referred to individually as “Party” or collectively as “Parties”).

RECITALS

WHEREAS, Operator is in the business of receiving, delivering and storing crude
oil for third parties; and

WHEREAS, Customer desires to enter into a crude oil storage arrangement with
Operator with respect to Operator's crude oil storage facilities in Cushing,
Oklahoma; and

WHEREAS, Operator desires to provide storage services to Customer in accordance
with the terms hereof;

NOW THEREFORE, in consideration of the premises and the respective promises,
conditions, terms and agreements contained herein, and other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, the
Parties to this Agreement agree as follows:

1.
Definitions. For purposes of this Agreement, the following terms shall have the
meanings indicated below:

“Affiliate” means, with respect to any entity, any other entity controlling,
controlled by or under common control with such entity, whether directly or
indirectly through one or more intermediaries. As used in the preceding
definition, “control” and its derivatives mean legal, beneficial, or equitable
ownership, directly or indirectly, of more than fifty percent (50%) of the
outstanding voting capital stock (or other ownership interest, if not a
corporation) of an entity or management or operational control over such entity.

“Applicable Law” means, with respect to any Governmental Authority, (i) any law,
statute, regulation, code, ordinance, license, decision, order, writ,
injunction, decision, directive, judgment, policy, decree and any judicial or
administrative interpretations thereof, (ii) any agreement, concession or
arrangement with any other Governmental Authority and (iii) any license, permit
or compliance requirement, in each case applicable to either Party or the use,
occupancy, operation and maintenance of the Facility, as such laws may be
amended, modified, enacted or promulgated from time to time.

“Bankrupt” means that a Party (i) is dissolved, other than pursuant to a
consolidation, amalgamation or merger, (ii) becomes insolvent or is unable to
pay its debts or fails or admits in writing its inability generally to pay its
debts as they become due, (iii) makes a general assignment, arrangement or
composition with or for the benefit of its creditors, (iv) institutes or has
instituted against it a proceeding seeking a judgment of insolvency or
bankruptcy or any other relief under any bankruptcy or insolvency law or other
similar law affecting creditor's rights, or a petition is presented for its
winding-up or liquidation, (v) has a resolution

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passed for its winding-up, official management or liquidation, other than
pursuant to a consolidation, amalgamation or merger, (vi) seeks or becomes
subject to the appointment of an administrator, provisional liquidator,
conservator, receiver, trustee, custodian or other similar official for all or
substantially all of its assets, (vii) has one or more secured parties take
possession of all or substantially all of its assets, or has a distress,
execution, attachment, sequestration or other legal process levied, enforced or
sued on or against all or substantially all of its assets, (viii) files an
answer or other pleading admitting or failing to contest the allegations of a
petition filed against it in any proceeding of the foregoing nature or (ix)
takes any other action to authorize any of the foregoing actions.

“Barrel” means forty-two (42) net U.S. gallons, measured at 60° F.

“BS&W” means bottom sediment, water, and other residual matter generated from
the storage of Customer's Crude Oil.

“Crude Oil” shall mean the crude oil/condensates of Customer that are the
subject of the Storage Services hereunder.

“Customer's Representatives” has the meaning set forth in Section 13(A).

“Event of Default” has the meaning set forth in Section 16(A).

“Facility” has the meaning set forth in Section 2.

“Force Majeure” means any cause or event reasonably beyond the control of a
Party, including fires, earthquakes, lightning, floods, explosions, storms,
adverse weather, landslides and other acts of natural calamity or acts of God;
acts of war, hostilities (whether declared or undeclared), civil commotion,
embargoes, blockades, terrorism, sabotage or acts of the public enemy; any act
or omission of any Governmental Authority; good faith compliance with any order,
request or directive of any Governmental Authority, or any other cause
reasonably beyond the control of a Party, whether similar or dissimilar to those
above and whether foreseeable or unforeseeable, which, by the exercise of due
diligence, such Party could not have been able to avoid or overcome. A Party's
inability economically to perform its obligations under this Agreement shall not
constitute an event of Force Majeure.

“Governmental Authority” means any federal, state, regional, local, or municipal
governmental body, agency, instrumentality, authority or entity established or
controlled by a government or subdivision thereof, including any legislative,
administrative or judicial body, or any person purporting to act therefore.

“Indemnified Party” has the meaning set forth in Section 15(D).

“Indemnifying Party” has the meaning set forth in Section 15(D).

“Liabilities” has the meaning set forth in Section 15(A).

“Loss Allowance” has the meaning set forth in Section 7.

“Monthly Storage Fee” has the meaning set forth in Section 4(A).

“Pump Over Fee” has the meaning set forth in Section 4(B).

“Specifications” means the specifications for the Crude Oil set forth on Exhibit
A attached hereto

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“Shell Capacity” has the meaning set forth in Section 2

“Storage Services” has the meaning set forth in Section 2

“Term” has the meaning set forth in Section 3

“Third Party Claim” has the meaning set forth in Section 15(D)

2.
Storage Services: Operator hereby agrees to provide to the Customer, crude oil
storage services, including the receipt, storage and redelivery of Crude Oil
(the “Storage Services”) at Operator's Central Terminal located in the South
West quarter of section 27, Township 18 North, Range 5 East, Payne County,
Cushing, Oklahoma (the “Facility”). During the Term Operator agrees to make five
hundred thousand (500,000) Barrels of dedicated storage capacity (the “Shell
Capacity”) available to Customer for the storage of Customer's Crude Oil under
the terms and conditions of this Agreement.

3.
Term: This Agreement shall have an initial term of six (6) months commencing on
the Effective Date with an option to extend the term for additional ninety (90)
day periods until terminated by either Party by delivering written notice of
such termination to the other party at least ninety (90) days prior to
expiration of the then-current term (collectively, the “Term”).

4.
Fees. During the Term, Customer shall pay Operator, for the Storage Services as
follows:

A.    Monthly Storage Fee. For the Term, a monthly storage fee of *** per Barrel
of Shell Capacity (the “Monthly Storage”), for a total of ***, regardless of the
actual volume of Crude Oil placed in the Facility;

B.    Pump Over Fee. A pump over fee (the “Pump over Fee”) equal to *** per
Barrel of Crude Oil moved by Operator from the Facility to a third party
connecting carrier. There is *** on Crude Oil moved by Operator within the
Customer's Shell Capacity, but if the number of movements becomes excessive or
complex in nature, at the sole discretion of the Operator, and upon prior
written notice to Customer, it may be determined that *** be charged. However,
at Operator's discretion, deliveries can be made out of the Facility that
require comingled streams from the Customer's Shell Capacity. Such deliveries
will be charged *** per Barrel. Customer is responsible for meeting all quality
specifications as discussed in Section 6 below.

5.
Payments. Operator shall invoice Customer monthly for the fees specified in
Section 4 invoicing the Monthly Storage Fee in advance and the Pump Over Fee in
arrears. Such fees shall be due and payable by Customer to Operator within ten
(10) days after delivery of the invoice. The Monthly Storage Fee shall be
nonrefundable regardless of whether Customer ever actually uses the Storage
Services. If amounts payable by Customer to Operator under this Agreement are
not paid by the due date specified herein, Customer shall pay interest on such
past due amount(s) from the due date thereof until such amount(s) is paid in
full at the rate equal to the lesser of the prime rate as published in the Wall
Street Journal plus two percent (2%) or the maximum interest rate allowed by
Applicable Laws.

6.
Quality.

A.Compliance with Specifications. Customer warrants that all Crude Oil to be
delivered to the Facility shall conform to the Specifications and quality
specifications of the connecting carriers into and out of Cushing. Operator may
impose other limitations on the Crude Oil to be delivered to the Facility in
order to comply with any Applicable Laws or any rules, policies or procedures
adopted by Operator, including limitations necessary or appropriate to comply
with environmental permits,

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to protect the health and safety of the personnel operating the Facility, and to
protect the integrity of the pumps, pipes, tanks, and other equipment at the
Facility.

B.Testing. Operator may sample and test Customer's Crude Oil in order to verify
Customer's compliance with this Agreement. Customer will be responsible for the
cost of all sampling and testing conducted by or on behalf of Operator at
Customer's request. Customer will also be responsible for the cost of all
sampling and testing conducted by or on behalf of Operator that reveals that
Customer has delivered Crude Oil to the Facility that does not comply with the
Specifications or any requirements imposed by Applicable Law. Testing conducted
by or on behalf of Operator will be done in accordance with the then current
ASTM procedures. Operator will provide Customer with a copy of any testing
reports produced or obtained by Operator regarding Customer's Crude Oil.

7.
Measurement: Operator will measure the quantity of Crude Oil received and
delivered at the Facility in accordance with ASTM procedures, including
temperature correction to 60 degrees Fahrenheit, and measurements made by
Operator will be binding on Customer absent fraud or manifest error. Operator
shall keep records of receipts into and withdrawals from the Facility and the
quantities of Customer's Crude Oil stored in the Facility. The Parties
acknowledge and agree that in the normal storage and handling of Crude Oil,
there will be certain operational losses such as evaporation, clingage,
shrinkage, line loss, and normal losses or deterioration of Crude Oil.
Therefore, a Loss Allowance, which is the loss due to normal operations, may be
up to one-tenth of one percent (0.1%) of the Crude Oil received into the
Facility with a gravity between 42 degrees and 45 degrees API. Crude Oil in
excess of 45 degrees API gravity may have a Loss Allowance of up to two-tenths
of one percent (0.2%) of the Crude Oil received into the Facility. The data
reflected on such records shall be furnished to Customer on a monthly basis. The
Loss Allowance will be shown monthly as a specific line item, in arrears, on the
invoice. All receipts of Customer's Crude Oil into and out of the Facility shall
be measured by custody transfer meters on the inlet and outlet flanges on
Operator's pipelines serving the Facility. In a special or non-routine
circumstance where custody transfer needs to take place from an API tank gauge
method, the Operator will give the Customer notice. Customer may give Operator
advanced notice requesting to witness scheduled procedures to prove its meters
and Customer may witness, or appoint an inspector reasonably acceptable to
Operator to witness, the proving of Operator's custody transfer

8.
Maintenance: Operator shall maintain the portions of the Facility associated
with the Storage Services and related services provided to Customer hereunder in
proper operating condition in accordance with Applicable Laws and industry
standards, including API 653 standards for tank inspection and maintenance.
Operator shall coordinate scheduled inspections or maintenance with Customer to
minimize any negative impact on Customer's operations. Notice shall be given by
Operator to Customer not less than sixty (60) days before beginning any
scheduled procedure making the Storage Services unavailable to Customer.
Operator shall make commercially reasonable efforts to minimize the time Storage
Services are unavailable to Customer and endeavor to continue the provision of
such Storage Services as quickly as reasonably possible. If the Shell Capacity
is unavailable for use by Customer hereunder for more than ten (10) consecutive
days due to scheduled maintenance, then for each ten (10) consecutive day period
of downtime, Customer's subsequent Monthly Storage Fee shall be reduced by an
amount equal to the portion of the Monthly Storage Fee allocable to the
unavailable Storage Services, which shall be based on the ratio of the amount of
Storage Services unavailable during such time period to the Operating Capacity
times the Monthly Storage Fee.

    
9.
BS&W. If Customer's Crude Oil will be placed in segregated storage, then
Customer will be

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responsible for the actual costs incurred by Operator for the removal, disposal,
and cleaning of BS&W from segregated tanks, pipes, and other equipment (i) as
required for maintenance, inspections, and repairs of segregated tanks, pipes,
and other equipment; and (ii) at the end of the Term. Customer will remain
obligated to comply with all of the terms and conditions of this Agreement,
including the payment of any Monthly Storage Fee, until all of Customer's BS&W
from segregated storage is removed from the Facility.

10.
Tank Bottoms and Line Fill. If Customer's Crude Oil will be placed in commingled
storage, then Customer will provide a pro rata share of the tank bottoms and
line fill for Crude Oil at the Facility. . If Customer's Crude Oil is to be
placed in segregated storage, then Customer will be responsible for providing
tank bottoms and a pro rata share of the line fill for Crude Oil at the
Facility. Customer's pro rata share will be determined by Operator and is
subject to change.

11.
Holdover. Customer will remove its Crude Oil from the Facility on or before the
expiration or early termination of this Agreement. Customer will remain
obligated to comply with all of the terms and conditions of this Agreement until
Customer's entire volume of Crude Oil is removed from the Facility and, in
addition, shall be obligated to pay an additional charge of *** per Barrel per
day until all of Customer's Crude Oil is removed. If Customer does not remove
its Crude Oil from the Facility within fifteen (15) days of the end of the Term,
Operator may sell Customer's Crude Oil at the Facility under any terms that are
commercially reasonable, deduct all amounts owed to Operator hereunder and all
costs incurred by Operator in connection with the sale from the money received,
and remit the net amount of the money received, if any, by check to Customer
within thirty (30) days of the date of the sale.

    
12.
Title to Crude Oil; Taxes.

A.
Title. Title to all of Customer's Crude Oil placed in the Facility for storage
hereunder shall remain in Customer, subject to Operator's rights under Section
17 to assert a warehouseman's lien arising by operation of law. If requested by
Customer, Operator will disclaim any interest in Customer's Crude Oil except for
such right to assert a warehouseman's lien arising by operation of law.

B.
Taxes. Customer shall pay any taxes, including ad valorem taxes, assessments or
charges that may be assessed against the Crude Oil stored by Customer under this
Agreement. Customer agrees to reimburse Operator for any such taxes, assessments
or charges paid by Operator for the benefit of Customer or, as required by law,
on behalf of Customer within thirty (30) days of Operator's written invoice
therefore; provided that, such invoice shall include supporting documentation
showing the basis of Customer's responsibility for such taxes, assessments or
charges. Operator shall report and pay all franchise and property taxes assessed
against the Facility including all real and personal property associated
therewith.

13.
Receipt and Delivery; Scheduling.

    
A.
Receipt and Delivery. Operator shall operate the Facility in a manner that
allows shipments of Crude Oil into and out of the Facility twenty-four (24)
hours per day, seven (7) days per week, subject to the requirements of the next
paragraph. Customer and its employees, contractors, agents and representatives
(collectively, “Customer's Representatives”) shall be subject to and abide by
the rules of the Facility, as such rules may change from time to time, and shall
instruct Customer's Representatives to abide by such rules. Customer will be
solely responsible for any pump over fees charged by third party carriers for
movements of Customer's Crude Oil to and from the Facility.

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B.
Scheduling. Customer shall provide Operator with a shipment schedule on or
before the twenty-fifth (25th) day of each calendar month advising Operator as
to the nominations and quantity of Crude Oil Customer expects to be delivered to
and from the Facility during the following calendar month and including the
approximate dates of each shipment. Operator shall, by written notice to
Customer given no later than the thirtieth (30th) day of the month in which such
shipment schedule is received, confirm the shipment schedule as proposed or
notify Customer of any necessary revisions to such shipment schedule. If
revisions are necessary, Customer shall then furnish Operator with a final
shipment schedule. Customer and Operator shall coordinate deliveries and
receipts of Crude Oil and each shall provide the other with such notices and
information as may be necessary to assure the delivery of Crude Oil to and from
the Facility in accordance with each shipment schedule. Shipment schedules may
be modified in writing by mutual agreement of the Parties from time to time, as
reasonably requested by either Party.

 
14.
Insurance.

A.
Coverage. Operator will not insure the Crude Oil. If Customer desires to insure
the Crude Oil while it is in storage at the Facility, Customer will bear the
cost of such insurance. Each Party will obtain and maintain in full force and
effect during the Term of this Agreement insurance coverages of the following
types and amounts: (a) worker's compensation insurance complying with Applicable
Law and employer's liability insurance with limits of $1,000,000 each accident,
$1,000,000 disease each employee, and $1,000,000 disease policy limit; (b)
commercial or comprehensive general liability insurance on an occurrence form
with a combined single limit of $1,000,000 each occurrence, and annual
aggregates of $2,000,000, for bodily injury and property damage, including
coverage for blanket contractual liability, broad form property damage, personal
injury liability, independent contractors, and products/completed operations,
and, where applicable, the explosion, collapse, and underground exclusion will
be deleted; (c) automobile liability insurance complying with Applicable Law
with a combined single limit of $1,000,000 each occurrence for bodily injury and
property damage to include coverage for all owned, non-owned, and hired vehicles
used in the performance of this agreement; (d) excess or umbrella liability
insurance with a combined single limit of $10,000,000 each occurrence, and
annual aggregates of $10,000,000, for bodily injury and property damage covering
excess of the required employer's liability insurance, commercial or
comprehensive general liability insurance, and automobile liability insurance;
and (e) sudden and accidental pollution legal liability coverage in a minimum
amount of $5,000,000 per occurrence, $10,000,000 aggregate, for injury to
persons or damage to property resulting from any release, spillage, leak or
discharge of Crude Oil from the Facility into the ambient air, surface water,
groundwater, land surface or subsurface strata. The required limits are minimum
limits and will not be construed to limit the Parties' liability. Each Party
will bear the cost of its respective insurance policies required above.

B.
Additional Insurance Requirements. In connection with the insurance coverage
required under Section 14A, each Party shall at its sole cost and expense:

(i) maintain the insurance coverage's and limits required by this Section and
any additional insurance and/or bonds required by law: (a) at all times during
the term of this Agreement; and, (b) with respect to any coverage maintained in
a “claims-made” policy, for two (2) years following the termination of this
Agreement, provided that if a “claims-made” policy is maintained, the
retroactive date must precede the commencement date of this Agreement;

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(ii) procure the required insurance from an insurance company having and
maintaining a Financial Strength Rating of “A-” or better and a Financial Size
Category of “VII” or better, as rated in the A.M. Best Key Rating Guide for
Property and Casualty Insurance Companies, except that, in the case of Workers'
Compensation insurance, a Party may procure insurance from the state fund of the
state where the Storage Services are to be performed; and

(iii) deliver to the other Party certificates of insurance stating the types of
insurance and policy limits, and further provide, or cause the issuing insurance
company to provide, at least thirty (30) days advance written notice of
cancellation, non-renewal, or reduction in coverage, terms, or limits to the
other Party.

15.
Indemnification.

A.    Indemnification by Operator. Except as otherwise provided in Section 20,
Operator will indemnify, defend, and hold harmless Customer, its Affiliates, and
its and their respective officers, directors, members, partners, shareholders,
employees and agents (“Operator Indemnified Entities”) from and against any
claims, actions, judgments, liabilities, losses, costs, damages, fines,
penalties and expenses (“Liabilities”) in connection with this Agreement to the
extent arising from (i) the negligence or intentional wrongful acts or omissions
of Operator, its Affiliates or their respective employees, agents or contractors
or (ii) or the failure of Operator to comply with the terms and conditions of
this Agreement. The indemnities expressed in this Agreement will survive the
expiration or termination of this Agreement.

B.    Indemnification by Customer. Except as otherwise provided in Section 20,
Customer will indemnify, defend, and hold harmless Operator, its Affiliates, and
its and their respective partners, officers, directors, members, shareholders,
employees and agents (“Customer Indemnified Entities”) from and against any
Liabilities in connection with this Agreement to the extent arising from: (i)
the negligence or intentional wrongful acts or omissions of Customer, its
Affiliates or their respective employees, agents or contractors; or (ii) the
failure of Customer to comply with the terms and conditions of this Agreement.
The indemnities expressed in this Agreement will survive the expiration or
termination of this Agreement.

C.Comparative Indemnity. In the event that any Liabilities are caused in whole
or in part by the concurrent negligent or intentional wrongful acts or omissions
of Operator, its employees, agents or contractors, and Customer, its employees,
agents or contractors, then this obligation to indemnify shall be comparative
and each Party shall indemnify the other to the extent that such Party's
negligent or intentional wrongful acts or omissions were the cause of such
Liabilities. Operator will in no event be liable for claims, losses, suits,
liability and expenses arising from the loss of or damage to any Crude Oil or
property of Customer except when and to the extent caused by Operator's
negligent or intentional wrongful acts or omissions.

D.Indemnification Procedure.

(i) The Party to be indemnified (the “Indemnified Party”) shall notify the other
Party (the “Indemnifying Party”) as soon as practicable after receiving notice
of any claim, demand, suit or proceeding brought against it which may give rise
to the Indemnifying Party's obligations under this Agreement (such claim,
demand, suit or proceeding, a “Third Party Claim”), and shall furnish to the
Indemnifying Party the complete details within its knowledge. Any delay or
failure by the Indemnified Party to give notice to the Indemnifying Party shall
not relieve the Indemnifying Party of its obligations except to the extent, if
any, that the

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Indemnifying Party shall have been materially prejudiced by reason of such delay
or failure.

(ii) The Indemnifying Party shall have the right to assume the defense, at its
own expense and by its own counsel, of any Third Party Claim; provided, however,
that such counsel is reasonably acceptable to the Indemnified Party.
Notwithstanding the Indemnifying Party's appointment of counsel to represent an
Indemnified Party, the Indemnified Party shall have the right to employ separate
counsel, and the Indemnifying Party shall bear the reasonable fees, costs and
expenses of such separate counsel if (i) the use of counsel chosen by the
Indemnifying Party to represent the Indemnified Party would present a conflict
of interest or (ii) the Indemnifying Party shall not have employed counsel to
represent the Indemnified Party within a reasonable time after notice of the
institution of such Third Party Claim. If requested by the Indemnifying Party,
the Indemnified Party agrees to reasonably cooperate with the Indemnifying Party
and its counsel in contesting any claim, demand or suit that the Indemnifying
Party defends, including, if appropriate, making any counterclaim or
cross-complaint. All costs and expenses incurred in connection with the
Indemnified Party's cooperation shall be borne by the Indemnifying Party.

(iii) No Third Party Claim may be settled or compromised (i) by the Indemnified
Party without the consent of the Indemnifying Party or (ii) by the Indemnifying
Party without the consent of the Indemnified Party. Notwithstanding the
foregoing, an Indemnifying Party shall not be entitled to assume responsibility
for and control of any judicial or administrative proceedings if such
proceedings involves an Event of Default by the Indemnifying Party which shall
have occurred and be continuing. The mere purchase and existence of insurance
does not reduce or release either Party from any liability incurred or assumed
under this Agreement.

16.
Default; Remedies:

A.
Event of Default. The occurrence of any of the following shall constitute an
“Event of Default” under this Agreement:

(i)    A Party fails to pay any monies due hereunder on or before the specified
due date, where such failure continues for five (5) days after receipt of
written notice from Operator;
(ii)    A failure by either Party to observe and perform any other material
provision or covenant of this Agreement to be observed or performed by such
Party other than obligations to make any payment, where such failure continues
for twenty (20) days after receipt of written notice thereof from the other
Party, except that the non-defaulting Party shall agree to extend the cure
period for a reasonable period of time (within its discretion) if the alleged
default is not reasonably capable of cure within the twenty (20) day period and
the defaulting Party proceeds diligently to cure the default; or

(iii).    Either Party becomes Bankrupt.

B.
Remedies. If an Event of Default occurs, then the non-defaulting Party may
terminate this Agreement upon notice to the defaulting Party and pursue any
other rights or remedies available under Applicable Law. Additionally, in the
case of an Event of Default by Customer, Customer shall pay operator any sums
owed by Customer to Operator.

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17.
Warehouseman's Lien. Operator will have a warehouseman's lien arising by
operation of law upon such amount of Crude Oil in the Facility whose market
value equals any amounts owed to Operator hereunder which have not been or are
not paid when due under this Agreement (regardless of whether such amounts are
owed for the Crude Oil then in the Facility). Customer shall provide ten (10)
days' advance written notice to Operator if it intends to transfer title to any
Crude Oil at the Facility to a third party and promptly shall notify Operator in
writing upon learning that a third party claims an interest in the Crude Oil in
the Facility. Such notice will set forth the name and business address of the
third party and the interest claimed.

        
18.
Force Majeure and Abatement:

A.     Force Majeure. In the event either Party hereto is rendered unable,
wholly or in part, by Force Majeure, to carry out its obligations hereunder
(except as set forth Below ), then by such Party giving written notice and full
particulars of such Force Majeure to the other Party as soon as reasonably
possible after the occurrence thereof, the obligation of the Party giving such
notice, so far as it is affected by such Force Majeure, shall be suspended
during the continuance of any inability so caused, but for no longer period and
in no event beyond the expiration of the Term of this Agreement; and such cause
shall, as far as possible, be remedied with all reasonable dispatch. Neither
Party shall be liable for discoloration, contamination, loss of, damage to or
destruction of any Crude Oil or property, or for any delay or nonperformance,
when any of the foregoing is caused in whole or in part by an event of Force
Majeure. If Customer is unable to perform as a result of Force Majeure, Customer
will nevertheless be obligated to pay the Monthly Storage Fee. Force Majeure
will not excuse either Party's failure to perform any release, indemnity,
defense, hold harmless, or payment obligations in this Agreement.
    
B.     Abatement In the event that all or any substantial part of the Facility
is destroyed by fire or other casualty or is rendered partially or wholly
unusable by a Force Majeure event, the Monthly Storage Fee hereunder, or a fair
and just proportion thereof according to the nature and extent of the damage
sustained in loss of use of the Shell Capacity for Storage Services hereunder,
shall at the time of such injury abate, without extending the Term of this
Agreement, until said Storage shall have been fully restored. If such damage to
the Facility causes fifty percent (50%) or more of the Shell Capacity for
Storage Services to be unusable, then either Party shall have the option to
terminate this Agreement, exercisable by notice to the other Party within thirty
(30) days after the date of the casualty. If this Agreement is not so terminated
within such time period, then Operator shall be deemed to have agreed to repair
and restore the Facility and/or provide reasonable replacement Shell Capacity
within the Facility. The length of time that Operator shall have to make such
repairs hereunder shall in no event exceed a period of six (6) months from the
date of casualty. If Operator fails to complete such repairs within said six (6)
month period, Customer shall have the option (i) to terminate this Agreement as
of the date of such casualty by giving written notice to Operator not later than
thirty (30) days after said six (6) month period or (ii) to exercise any and all
rights necessary to cause Operator to complete such repairs.

19.
Limitation of Liability; Disclaimer of Warranty:

A.
UNLESS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT, THE PARTIES' LIABILITY
FOR DAMAGES IS LIMITED TO DIRECT, ACTUAL DAMAGES ONLY AND NEITHER PARTY SHALL BE
LIABLE FOR SPECIFIC PERFORMANCE, LOST PROFITS OR OTHER BUSINESS INTERRUPTION
DAMAGES, OR SPECIAL, CONSEQUENTIAL, INCIDENTAL, PUNITIVE, EXEMPLARY OR INDIRECT
DAMAGES, IN TORT, CONTRACT OR OTHERWISE, OF ANY KIND, ARISING OUT

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OF OR IN ANY WAY CONNECTED WITH THE PERFORMANCE, THE SUSPENSION OF PERFORMANCE,
THE FAILURE TO PERFORM, OR THE TERMINATION OF THIS AGREEMENT.

B.
OPERATOR WILL NOT BE LIABLE TO CUSTOMER FOR CHEMICAL DETERIORATION OF CRUDE OIL
CAUSED BY STAGNANT STORAGE OR NORMAL EVAPORATION. EXCEPT AS EXPRESSLY PROVIDED
IN THIS AGREEMENT, OPERATOR MAKES NO REPRESENTATIONS, EXPRESS OR IMPLIED,
INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE.

 
20.
Compliance.

A. Legal Requirements. Each Party represents, warrants and covenants that during
the Term of this Agreement, it shall perform its obligations hereunder in
accordance with all Applicable Laws. Customer will provide Operator with a
material safety data sheet in the form required by Applicable Laws prior to
delivering Crude Oil to the Facility. If Operator is required by any Applicable
Laws enacted on or after the Effective Date to incur any new or increased
expense to perform the Storage Services, Operator shall provide Customer with
notice of such new or increased expense, which notice shall specify Customer's
pro rata share of such new or increased expense and the effective date of
compliance. Prior to such effective date of compliance, Customer will elect
whether to pay its pro rata share thereof by notice to Operator. If Customer
elects not to pay its pro rata share of such expense, Operator may terminate
this Agreement upon notice to Customer.
B. Rules and Policies. Customer shall comply, and will cause Customer's
Representatives to comply, with (i) all signs, rules, policies and procedures
posted at the Facility and (ii) all rules, policies and procedures of Operator
furnished to Customer. Operator may adopt and enforce such rules, policies and
procedures as it deems necessary or appropriate in connection with
environmental, health and safety standards. Customer's failure to comply with
any such rules, policies or procedures will constitute a material breach of this
Agreement. Operator reserves the right from time to time to alter, amend,
supplement, modify or revoke its rules, policies and procedures.
C. Release In the event of any spill or discharge of Crude Oil or other
hazardous substance reportable under Applicable Laws occurring at the Facility,
Operator shall take all steps (if any) required under Applicable Laws including
undertaking measures to prevent or mitigate resulting pollution damage. Operator
shall notify Customer within twenty-four (24) hours of any such clean-up or
remediation operations, and shall perform such operations in accordance with
Applicable Laws or as may be directed by and Governmental Authority.
21.
Notices: All invoices, notices, requests and other communications given pursuant
to this Agreement shall be in writing and sent by facsimile or overnight courier
to the respective Party's address set forth below and to the attention of the
person or department indicated. A notice given by facsimile shall be deemed to
have been received when transmitted to the other Party (if confirmed by the
notifying Party's transmission report), or on the following business day if
received after 5:00 p.m. local time. A notice given by overnight courier shall
be deemed to have been received when the notice is actually delivered to or
refused by the other Party, as reflected in the courier company's delivery
records. A Party may change its address or facsimile number by giving written
notice in accordance with this Section, which is effective upon delivery.

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If to Operator to:

BKEP Pipeline, LLC
201 NW 10th Street
Oklahoma City, OK 73103
Attn: Vice President of Business Development & Pipeline Marketing
Facsimile: (405) 278-6403

If to Customer to:

Vitol Inc.
1100 Louisiana
Suite 5500
Houston, Texas 77002
Attn: Dedreah Hicks-Edwards /dah@vitol.com
Facsimile: (713) 230-1300
22.
Confidentiality:     

A.
Obligation. The existence of this Agreement and the specific terms and
conditions hereof are confidential and neither Party shall disclose them to any
third party except (i) as may be required by court order, Applicable Laws or a
Governmental Authority if the disclosing Party's counsel advises that it is
legally obligated to so disclose or (ii) to such Party's or its Affiliates'
employees, auditors, consultants, banks, financial advisors and legal advisors
if necessary for such Party's business operations and so long as such persons
are aware of and agree to comply with the provisions of this Section 22. The
confidentiality obligations under this Agreement shall survive termination of
this Agreement for a period of one (1) year following termination.

B.
Required Disclosure. In the case of disclosure covered by Section 22A, the
disclosing Party shall notify the other Party in writing of any proceeding of
which it is aware which may result in disclosure, and use reasonable efforts to
prevent or limit such disclosure. The Parties shall be entitled to all remedies
available at law, or in equity, to enforce or seek relief in connection with the
confidentiality obligations contained herein.

C.
Press Release. Neither Party shall issue any press release or other public
announcement that refers to this Agreement or the transactions set forth herein
without the prior written approval of the other Party.

23.
Assignment:

A.
Successors.    This Agreement shall inure to the benefit of and be binding upon
the Parties hereto, their respective successors and permitted assigns.

B.
Assignment.      Neither Party may assign this Agreement or its rights or
interests hereunder in whole or in part (including any sublease), or delegate
its obligations hereunder in whole or in part, with the prior written consent of
the other Party, which consent shall not be unreasonably withheld. If written
consent is given for any assignment or sublet, the assignor shall remain jointly
and severally liable with the assignee or sublessee for the full performance of
the all obligations under this Agreement unless the Parties otherwise agree in
writing. In the event written consent to a partial assignment or sublease by
Customer of its right to receive Storage Services under

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this Agreement is given by Operator, Customer shall (i) be the sole contact for
Operator under this Agreement, (ii) continue to pay all sums due under this
Agreement on behalf of itself and its partial assignee or sublessee regardless
of whether Customer's partial assignee pays amounts due to Customer, and (iii)
be solely responsible for collecting all sums due to Customer from its partial
assignee or sublessee as a result of such partial assignment. Any attempted
assignment in violation of this Section 23 shall be null and void ab initio.
C.
If requested by Customer, Operator will: (i) disclaim any interest in Customer's
Crude Oil in the Facility except for its right to assert a warehouseman's lien
as described in Section 17; (ii) grant Customer the right to make a UCC-1 notice
filing on the Crude Oil; (iii) provide a list of Operator's lenders and obtain
lender waivers acknowledging Customer's priority interest in the Crude Oil from
all present or future lenders with a security interest in Operator's Facility or
other oil assets. If requested by Operator, Customer will disclaim any interest
in the Facility other than the rights granted Customer under this Agreement.

24.
Inspection. Upon reasonable advance notice to Operator, Customer shall be
granted reasonable access to the Facility for the purpose of performing
inspections; provided that, (i) such access shall be limited to normal business
hours of the Facility, (ii) Customer and Customer's Representatives abide by and
comply with Operator's reasonable security and safety policies and procedures
for the facility.

25.
Nature of the Transaction and Relationship of Parties. This Agreement shall not
be construed as creating a partnership, association, or joint venture between
the Parties. It is understood that each Party has complete charge of its
employees and agents in the performance of its duties hereunder, and nothing
herein shall be construed to make either Party, or any employee or agent of the
either Party, an agent or employee of the other Party.

26.
No Third Party Beneficiary: Nothing contained in this Agreement shall be
considered or construed as conferring any right or benefit on a person not a
Party to this Agreement

27.
No Waiver; Cumulative Remedies.

A.
No Waiver. The failure of a Party hereunder to assert a right or enforce an
obligation of the other Party shall not be deemed a waiver of such right or
obligation. The waiver by any Party of a breach of any provision of, or Event of
Default under, this Agreement, shall not operate or be construed as a waiver of
any other breach of that provision or as a waiver of any breach of another
provision of, or Event of Default under, this Agreement, whether of a like kind
or different nature.

B.
Remedies. Each and every right granted to the Parties under this Agreement or
allowed by Law or equity shall be cumulative and may be exercised from time to
time in accordance with the terms thereof and Applicable Law.

28.
Governing Law:

A.
Choice of Law. This Agreement shall be governed by, construed and enforced under
the laws of the State of Oklahoma without giving effect to its conflicts of laws
principles.

B.
Jurisdiction. Each of the Parties hereby irrevocably submits to the exclusive
jurisdiction of any federal court of competent jurisdiction situated in the
Northern District of Oklahoma, or, if such federal court declines to exercise or
does not have jurisdiction, in any Oklahoma State

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Court in Tulsa County, Oklahoma (without recourse to arbitration unless both
Parties agree in writing), and to service of process by certified mail,
delivered to the Party at the address indicated above. Each Party hereby
irrevocably waives, to the fullest extent permitted by Applicable Law, any
objection to personal jurisdiction, whether on grounds of venue, residence or
domicile.
C.
Waiver of Jury trial. Each Party waives, to the fullest extent permitted by
Applicable Law, any right it may have to a trial by jury in any proceedings
relating to this Agreement.

29.
Miscellaneous:

A.
Unenforceable Provisions. If any Article, Section or provision of this Agreement
shall be determined to be null and void, invalid or unenforceable by a court of
competent jurisdiction, then for such period that the same is void, invalid or
unenforceable, the remaining portions of this Agreement shall remain in full
force and effect and, if appropriate, such void, invalid or unenforceable
provision shall be modified or replaced to give effect to the underlying intent
of the Parties hereto and to the intended economic benefits of the Parties.

B.
Entire Agreement. The terms of this Agreement constitute the entire agreement
between the Parties with respect to the matters set forth in this Agreement, and
no representations or warranties shall be implied or provisions added in the
absence of a written agreement to such effect between the Parties. This
Agreement shall not be modified or changed except by written instrument executed
by the Parties' duly authorized representatives.

C.
Survival. All payment, confidentiality and indemnification obligations set forth
herein shall survive the expiration or termination of this Agreement. .

D.
Counterpart.    This Agreement may be executed in one or more counterparts, each
of which shall for all purposes be an original, and all such counterparts shall
together constitute one and the same instrument. Delivery of an executed
signature page of this Agreement in Portable Document Format (pdf) or by
facsimile transmission shall be effective as delivery of an executed original
counterpart of this Agreement.

E.
Construction. References in this Agreement to “days,” “months” or “years” will
mean to calendar days, months and years unless otherwise indicated. The word
“including” does not limit the preceding words or terms. The words “hereof”,
“herein”, “hereunder” and words of similar import refer to this Agreement as a
whole and not to any specific Section, paragraph or provision. All section
titles and headings in this Agreement are merely for convenience, and will not
limit in any way the interpretation of this Agreement. No provision of this
Agreement will be construed against or interpreted to the disadvantage of any
Party by reason of such Party's having drafted such provision.

F.
Authority. Each Party warrants that it has full corporate power to execute,
deliver and perform this Agreement, and has all the consents, authorizations and
approval to do so. Each Party warrants that the execution, delivery and
performance of this Agreement does not contravene or constitute a default under
any provision of its articles of incorporation or by-laws or any contractual
restriction binding on the Party. Each Party is duly organized, validly existing
and in good standing under the laws of its jurisdiction of incorporation (or
formation) and is duly qualified and in good standing as a foreign entity in the
State of Oklahoma.

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(Signature Page Follows)
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
effective as of the Effective Date.

“Operator”:

BKEP Pipeline, LLC, a Delaware limited liability company

By: /s/ Mike Cockrell                    
Mike Cockrell
President and COO

“Customer”:

Vitol Inc., a Delaware corporation

By: /s/ Chris Brown                    
Chris Brown
Crude Trader

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EXHIBIT A
SPECIFICATIONS

All Crude Oil delivered hereunder shall have a true vapor pressure not to exceed
10.9 psia.