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Good day, everyone, and welcome to the PBF Logistics LP fourth quarter 2021 earnings conference call and webcast. At this time, all participants have been placed in a listen-only mode, and the floor will be open for your questions following management's prepared remarks. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note, this conference is being recorded. It is now my pleasure to turn the floor over to Colin Murray of Investor Relations. Sir, you may begin.
Thank you, Chamali. Good morning and welcome to today's call. With me today are Matt Lucey, Eric Young, and several other members of the partnership senior management team. If you'd like a copy of our earnings release, it is available on our website. Before we begin, I would like to direct your attention to the forward-looking statements disclaimer contained in today's press release. In summary, it outlines that statements in the press release and on this conference call that state the partnership's or management's expectations or predictions of the future. are forward-looking statements intended to be covered by the safe harbor provisions under federal securities laws. There are many factors that could cause actual results to differ from our expectations, including those we've described in our filings with the SEC. As a reminder, PBF Logistics 10-K should be available in a week's time. As noted in today's press release, we'll be using certain non-GAAP measures while describing the partnership's operating performance and financial results. For reconciliations of non-GAAP measures to the appropriate GAAP figure, please refer to the supplemental tables provided in today's release. I'll now turn the call over to Matt Lucie.
Matt Lucie Thank you, Colin. Good morning, everyone, and thank you for joining us on today's call. PBF Logistics operated well in 2021. We finished the year with another strong operational quarter and continue to deliver consistent results. We expect there are strong relationship supported by contractual revenues will continue to deliver consistent results in 2022. We expect partnership full year 2022 revenue to be approximately 320 to $340 million. Part partnership revenues reflect the lower minimum volume commitments for the East Coast rail facilities, which took effect as of January 1 of 22. The contract extension and adjusted minimum volume commitments were originally announced in February of 2019. Revenues in this range are expected to generate EBITDA of approximately $200 to $210 million. The partnership's consistent revenues and cash generations provide strong distribution coverage and the ability to continue reducing our net debt. We will remain focused on our balance sheets. In doing so, we maintain flexibility and increase our ability to potentially grow the partnership in the future. Today, we announced a distribution of 30 cents per unit. We will continue to review our distribution policy going forward with respect to company performance, market conditions, and alternate use of funds. With that, I'll turn it over to Eric.
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