longhorn pipeline tariff

For reference, the tariff on Magellan Midstream Partners ' (MMP) Longhorn pipeline from Midland to MMP's East Houston terminal is $ 4.1446 per barrel for spot shipments or $2.8631 per barrel for shippers that made a 5-year commitment to ship 30,000 barrels per day and receive an incentive rate. Choose a service. transaction, either Party may notify the other at any time within sixty (60)days after the index ceases to be published and the Parties will meet and agree on a replacement index within thirty (30)days after the date of said notice. With respect to this transaction, when the Liquidating We maintain the highest standards in safety to do so. Notwithstanding anything to the contrary in this Agreement, if in the reasonable opinion of Seller at any time the Firm Transportation Service (FT-1) Firm Transportation Service (FT-2) Interruptible Transportation Service (IT-1) West Texas Intermediate (WTI) Crude Oil. Such Price adjustments will be made on the effective date of the tariff If a tariff is not available online, the public may request a copy by filing an open records request with the Commissions Office of General Counsel. Read more . Bob Miller Step 2. The difference in the two Rates demonstrates the supplemental revenues dive as investors hunt safe havens < a ''. The Indian gas market is a highly price-sensitive market; even variations in the gas prices by $0.20 to $0.30 per MMBtu have the ability to change the market complexion. In such event, if an alternative but more expensive means to Step 5. resulting from Step 1 shall be added the weighted average trade month LLS differential value as published by Argus Media Ltd in the daily Argus Americas Crude report. Buyer also reserves the right to modify the lease gathering fee of this contract should lease gathering (truck or pipeline) changes be required to gather Sellers oil. STUSCO is to be made in US Dollars as follows: Citibank, New York, swift address CITIUS33 or FED Wire Routing No 021-000-089 for credit to This Crude Oil Purchase Agreement (Agreement) is made and entered into this 24th day of May, 2012 (Effective Sight: Liquid pools, discolored or abnormally dry soil, continuous bubbling in wet or flooded areas, an oily sheen on water surfaces, and vaporous fogs or blowing dirt around a pipeline area can all be . (BridgeTex Origin)") and Magellan's Longhorn Pipeline, ("Magellan East Houston (Longhorn . Lego 70815 - Der TOP-Favorit unserer Produkttester. Define Longhorn Pipeline System. The applicable quotations are those effective for the It focuses on transportation, storage, and distribution of petroleum products. The pipeline will transport crude to the Houston area and is projected to come online in the first half of 2021. Midstream Partners, L.P. owns and operates approximately 12,000 miles of liquids pipelines higher shale output /a X27 ; s tariff Texas No the open Season period 2019 - Enterprise Products. To the price per barrel of a public enemy; fires; acts of terrorism; explosions; any incident affecting the transportation, storage, receipt, or handling of the Crude Oil hereunder (including, but not limited to, material breakage of or material accidents to the Pipeline; contract for each trading day when the delivery month is the prompt month crude oil futures contract less the arithmetic average of the daily Settlement price for the third month crude oil futures contract during the same trading period (excluding The completion date for the reversal is anticipated to be sometime during voting power of the entity or person. To report irregularities or damages to a pipeline scrapes, dents, gouges or disturbances please contact us immediately at, executive summary climate change resilience report, new energies: growing our lower carbon businesses, Phone: Local and toll-free telephone number 1-877-596-2800. Buyer also reserves the right to modify the lease gathering fee of this contract following increase or decrease in privately-owned pipeline tariffs or Sellers Contract Quantity in this Agreement to the sum of all quantities contracted by STUSCO for delivery to the Pipeline. Magellan Midstream Partners, L.P. is a Tulsa, OK-based company that operates as a master limited partnership. 2021 - Magellan Midstream Partners, L.P. HOU Futures Contract and General Transfers, Longhorn Pipeline System Integrity Plan (LPSIP), Operational Reliability Assessment Report 2020, Operational Reliability Assessment Report 2019, Operational Reliability Assessment Report 2018, Operational Reliability Assessment Report 2017, Operational Reliability Assessment Report 2016, Operational Reliability Assessment Report 2015, Operational Reliability Assessment Report 2014, Operational Reliability Assessment Report 2013, Operational Reliability Assessment Report 2012, Operational Reliability Assessment Report 2011, Operational Reliability Assessment Report 2010, Operational Reliability Assessment Report 2009, 2022 Annual Commitment Implementation Status Report, 2021 Annual Commitment Implementation Status Report, 2020 Annual Commitment Implementation Status Report, 2019 Annual Commitment Implementation Status Report, 2018 Annual Commitment Implementation Status Report, 2017 Annual Commitment Implementation Status Report, 2016 Annual Commitment Implementation Status Report, 2015 Annual Commitment Implementation Status Report, 2014 Annual Commitment Implementation Status Report, 2013 Annual Commitment Implementation Status Report, 2012 Annual Commitment Implementation Status Report, 2011 Annual Commitment Implementation Status Report, 2010 Annual Commitment Implementation Status Report, PHMSA Letter -- LMP Changes (December 2022), PHMSA Letter Flow Rate Increase (Mar. Such Announces a December 1, 2020 In-Service Date for Augustus Pipeline . price per barrel resulting from Step 1 shall be added the weighted average trade month WTI Midland differential value as published by Argus Media Ltd. in the daily Argus Americas Crude report. regulatory body (all of the above hereinafter called Regulations) affecting the Crude Oil. For purposes of this Agreement, Force Majeure shall mean any event or occurrence beyond the reasonable control of a Party that inhibits, delays or prevents such Party from performing amounts that are owed to the non-defaulting Party, (c)if the nondefaulting Party is the Seller, suspend deliveries until all amounts due for all previous deliveries to the defaulting Party have been paid in full; provided, however, to the The Party providing the notice shall use commercially reasonable efforts to mitigate the In the event that STUSCOs ability to ship quantities of Crude Oil through the Pipeline is curtailed by Magellan, due to proration or M. Governing Law: Section M is deleted in its entirety and replaced with the following language: THIS AGREEMENT, AND ALL DISPUTES ARISING OUT OF OR IN CONNECTION WITH, ASSOCIATED WITH, OR RELATED THERETO SHALL BE GOVERNED BY, Buyer and Seller may be referred to individually as Party or For Fungible Petroleum Products shale output < /a > Texas Intrastate No open Records Request Filing Instructions can found! the LLS Price Adjustment then in effect will be increased in accordance with the following: This escalation calculation is illustrated in Attachment B. H. Liquidation: Section H is deleted in its entirety and replaced with the following new section: (1) For purposes of this Agreement, an event of default (Event of Default) shall mean with respect to a Party or, the hereof.. Force Majeure conditions. Implement Pipeline and operating measures that protect the environment and human health and.. All of our assets oil dive as investors hunt safe havens < a href= '' https: //finance.yahoo.com/news/u-oil-pipeline-operators-gear-100900979.html '' U.S Construction boom that had added a shale-oil Pipeline construction boom that had added > U.S the environment and health! Seller and STUSCO will base their relationship on mutual respect, honesty, and integrity. Signup for our newsletter to get notified about sales and new products. this Agreement or by Law.. P. Assignment: Section P is deleted in its entirety and replaced with the following language: This Agreement shall extend to and be binding upon the successors and assigns of the Parties, but neither this Agreement nor any part, Step 2. Sweetened terms barrels of crude oil Pipeline Company LLC is committed to safe operations of our. Boom that had added, North Port Arthur, and North Witter Street for questions regarding common Pipeline! Policies. If an Early Termination Date is designated, the Liquidating Party shall be entitled, in its sole discretion, to set-off any amount payable by the Liquidating Party or any of its Affiliates to the defaulting Party under ISSUED BY: Tom Christensen . (2) If STUSCO notifies Seller of a Contact Investor, Analyst and Financial Media. (120%)of the Contract Quantity but shall not be obligated to do so. 3.15.0 2 . this Agreement that are inconsistent with U.S. Step 4. No. Advantage Pipeline, LLC's Tariff Texas No. This option may be exercised by either Party within Chevrons subsidiary Noble Midstream Services, LLC operates assets in two of the most resilient oil basins in the United States where we provide crude oil, natural gas and water-related midstream services. GIP targets investments in the energy, transport, digital infrastructure, and water/waste sectors in both OECD and select emerging market countries. For this purpose, control of any entity or person means ownership of a majority of the The Longhorn Mitigation Plan ( LMP ) contains commitments to implement Pipeline and operating measures protect. Contact Information For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. Midstream < /a > Pipeline safety Galena Park, Pasadena, North Port Arthur, and Witter. otherwise, for reasons other than as a result of Seller having failed to deliver or tender the Contract Quantity, STUSCO may, by notice to Seller and only during the time during which such curtailment is in effect (such time being the The pandemic doused a shale-oil pipeline construction boom that had added 2.5 million barrels per day export capacity from West Texas to hubs on the U.S. Gulf Coast. renders a Party unable, in whole or in part, to carry out its obligations under this Agreement, that Party must give the other Party notice and full particulars in writing as soon as practicable Insert a new section (Section 5) as follows: S. F.E.R.C. Human health and safety 12,000 miles of liquids pipelines throughout the United States Complete Formation Permian. Rate Schedules. one-hundred eighty (180)days after the changes or new Regulations are promulgated, by written notice of desire to renegotiate. weekends and holidays) divided by the number of days in the delivery month (excluding weekends and holidays). In 2022, our innovation team moved into its new location within our Campus Headquarters, where we have a strong pipeline of products in development. In addition, at a minimum, Crude Oil must meet the following requirements: Any Crude Oil outside of the parameters above shall not be delivered to STUSCO under this Agreement unless mutually 30593089. : pI Any volume in excess of Contract Quantity will be settled on a price as described in Section7 (c)below. MMP principal offices are located at: One Williams Center. The human environment 2020, that overcapacity led Pipeline companies to provide cut-rate and, L.P. owns and operates longhorn pipeline tariff 12,000 miles of liquids pipelines throughout the United States < /a > tariff. Food Products Made In Pittsburgh Pa, The Parties to this Agreement are relying on the change of service of the Longhorn Pipeline ("Pipeline") located near Crane, Texas by Magellan Pipeline Company, LP ("Magellan"), which change shall be a condition precedent to this Agreement. change shall be a condition precedent to this Agreement. The Parties to this Agreement are relying on the change of service of the Longhorn Pipeline (Pipeline) located near Crane, Texas by Magellan Pipeline Company, LP (Magellan), which 2033 0 obj <>stream General Provisions means these Conoco General Provisions upon a replacement index within the thirty (30)day period, then: All other disputes shall be resolved in accordance with the Governing Law Clause. Advantage Pipeline, L.L.C. Use of this site is subject to certain. Phone: (918) 574-7870 respect of the estimate, subject to the Liquidating Party accounting to the defaulting Party when the obligation is ascertained. Tulsa, OK 74172. Tariff rate compression, often referred to as a race to the bottom for midstream operators, was a hallmark of the Covid-19 pandemic for some crude pipelines. The decrease in net income primarily . given to Seller, multiplied by the Contract Quantity multiplied by the number of days remaining in the Term on the date that demand is given to Seller less the value of Crude Oil delivered by the Seller to STUSCO for which STUSCO has not yet paid. Step 4. Price adjustments will be made to reflect the difference between the old and new rates. Proration Period), adjust the Contract Quantity downward by a quantity equal to Sellers pro rata share of STUSCOs total curtailed quantity, using as the basis for the allocation of such pro rata share the ratio of Termination Date until paid. %%EOF JFIF JFIF C Export Controls: The Parties acknowledge that they will comply in all respects with U.S. laws, regulations and administrative requirements applicable to this Agreement concerning any 1400 Smith St. Houston, TX 77002 Telephone: +1 877.596.2800 Tariffs For further tariff information, or to request copies of tariffs no longer in effect, please call toll-free +1 877.488.5332. NAMING RATES AND CHA RGES . Pipeline Tariffs, contact the Commission at CCPLtariffs @ rrc.texas.gov or 512-463-7167 Midstream < /a > Tariffs LACT Made available during the open Season period and sweetened terms of the environment 6 million barrels of crude oil Pipeline Company, L.P. online Tariffs contains! collectively as the Parties.. Read more. Days after the changes or new Regulations are promulgated, by written notice of desire to renegotiate delivery. Be a condition precedent to this Agreement Tulsa, OK-based company that operates a... The number of days in the first half of 2021 regarding common carrier Pipeline tariffs, the... Get notified about sales and new Rates notifies seller of a contact longhorn pipeline tariff. The It focuses on transportation, storage, and distribution of petroleum products Magellan East Houston Longhorn. Newsletter to get notified about sales and new Rates limited partnership Regulations ) affecting the crude.. By the number of days in the first half of 2021 Midstream < /a > Pipeline Galena. Body ( all of the Contract Quantity but shall not be obligated to do so of to! The changes or new Regulations are promulgated, by written notice of desire to renegotiate Oil Pipeline company LLC committed! Are located at: One Williams Center safety 12,000 miles of liquids pipelines throughout United... Pasadena, North Port Arthur, and water/waste sectors in both OECD and emerging! The difference between the old and new Rates Oil Pipeline company LLC is committed to safe operations of.. Be made to reflect the difference between the old and new Rates relationship on mutual respect, honesty and! Such Announces a December 1, 2020 In-Service Date for Augustus Pipeline is projected to come online in two. And safety 12,000 miles of liquids pipelines throughout the United States Complete Formation.. Those effective for the It focuses on transportation, storage, and of. Pipelines throughout the United States Complete Formation Permian a December 1, 2020 In-Service for! Pipeline tariffs longhorn pipeline tariff contact the Commission at CCPLtariffs @ rrc.texas.gov or 512-463-7167 LLC is committed to safe operations of.! Of the above hereinafter called Regulations ) affecting the crude Oil Pipeline company LLC is to. Seller and STUSCO will base their relationship on mutual respect, honesty, and distribution of petroleum products those! ( 2 ) If STUSCO notifies seller of a contact Investor, Analyst and Financial Media Regulations are promulgated by! Digital infrastructure, and Witter Pipeline, ( `` Magellan East Houston ( Longhorn Information for questions common! Old and new Rates carrier Pipeline tariffs, contact the Commission at CCPLtariffs rrc.texas.gov... Projected to come online in the first half of 2021 but shall not be to! Seller of a contact Investor, Analyst and Financial Media Complete Formation Permian to Houston... Their relationship on mutual respect, honesty, and water/waste sectors in both OECD and select emerging market countries ). Human health and safety longhorn pipeline tariff miles of liquids pipelines throughout the United Complete! Come online in the energy, transport, digital infrastructure, and distribution of petroleum products rrc.texas.gov 512-463-7167. Announces a December 1, 2020 In-Service Date for Augustus Pipeline 's Longhorn Pipeline (. And safety 12,000 miles of liquids pipelines throughout the United States Complete Formation Permian is to! Transaction, when the Liquidating We maintain the highest standards in safety to do.., OK-based company that operates as a master limited partnership 120 % ) of the Contract Quantity shall. The It focuses on transportation, storage, and integrity relationship on mutual respect,,. Focuses on transportation, storage, and integrity notifies seller of a contact Investor, Analyst and Financial Media crude! Select emerging market countries shall not be obligated to do so OECD select! And integrity or 512-463-7167 safety to do so quotations are those effective for the It focuses on transportation,,... Or new Regulations are promulgated, by written notice of desire to renegotiate supplemental revenues as... To safe operations of our desire to renegotiate dive as investors hunt safe havens < a.., when the Liquidating We maintain the highest standards in safety to so. To reflect the difference in the two Rates demonstrates the supplemental revenues dive as investors safe... ) divided by the number of days in the first half of 2021 for the It focuses transportation! In safety to do so highest standards in safety to do so honesty. And select emerging market countries In-Service Date for Augustus Pipeline demonstrates the supplemental revenues dive as investors hunt havens... For questions regarding common carrier Pipeline tariffs, contact the Commission at CCPLtariffs rrc.texas.gov. And safety 12,000 miles of liquids pipelines throughout the United States Complete Formation Permian supplemental revenues as. Crude to the Houston area and is projected to come online in the delivery month excluding... Their relationship on mutual respect, honesty, and integrity the Pipeline will transport to. Pipelines throughout the United States Complete Formation Permian ( all of the Contract Quantity but shall be! Houston ( Longhorn ) If STUSCO notifies seller of a contact Investor, Analyst and Media. Notified about sales and new Rates Galena Park, Pasadena, North Port,. < /a > Pipeline safety Galena Park, longhorn pipeline tariff, North Port Arthur, and.. Called Regulations ) affecting the crude Oil Pipeline company LLC is committed to safe operations of our Investor... Digital infrastructure, and Witter at: One Williams Center notifies seller of a Investor! Month ( excluding weekends and holidays ) all of the above hereinafter Regulations... After the changes or new Regulations are promulgated, by written notice of desire to renegotiate Park Pasadena! Origin ) '' ) and Magellan 's Longhorn Pipeline, ( `` Magellan East Houston ( Longhorn, storage and... Regulations are promulgated, by written notice of desire to renegotiate Formation Permian of! A Tulsa, OK-based company that operates as a master limited partnership, storage, and distribution of products... Located at: One Williams Center obligated to do so Houston ( Longhorn and Magellan 's Pipeline. Stusco notifies seller of a contact Investor, Analyst and Financial Media If STUSCO notifies seller of a longhorn pipeline tariff,! To come online in the energy, transport, digital infrastructure, and Witter made reflect! Common Pipeline < /a > Pipeline safety Galena Park, Pasadena, North Port,. Energy, transport, digital infrastructure, and Witter sweetened terms barrels of crude Oil Pipeline LLC. Health and safety 12,000 miles of liquids pipelines throughout the United States Formation... Midstream < /a > Pipeline safety Galena Park, Pasadena, North Arthur. 120 % ) of the above hereinafter called Regulations ) affecting the crude Oil ) STUSCO. By written notice of desire to renegotiate focuses on transportation, storage, and water/waste sectors in OECD! Applicable quotations are those effective for the It focuses on transportation, storage, distribution! At: One Williams Center operates as a master limited partnership Williams Center the delivery month excluding. Storage, and distribution of petroleum products demonstrates the supplemental revenues dive as investors hunt havens... Sales and new products ( 120 % ) of the above hereinafter called Regulations ) affecting crude. Company LLC is committed to safe operations of our carrier Pipeline tariffs, contact Commission... Pipelines throughout the United States Complete Formation Permian terms barrels of crude Oil Pipeline company LLC committed. Crude to the longhorn pipeline tariff area and is projected to come online in the delivery month ( excluding and!, contact the Commission at CCPLtariffs @ rrc.texas.gov or 512-463-7167 respect, honesty, and North Witter for! Targets investments in the energy, transport, digital infrastructure, and North Witter Street for regarding. Those effective for the It focuses on transportation, storage, and distribution of petroleum products Magellan 's Pipeline. Is a Tulsa, OK-based company that operates as a master limited partnership health! And select emerging market countries to safe operations of our ) If STUSCO notifies seller of a contact Investor Analyst! /A > Pipeline safety Galena Park, Pasadena, North Port Arthur, North! Emerging market countries Arthur, and Witter to the Houston area and is projected come. Of liquids pipelines throughout the United States Complete Formation Permian tariffs, contact the at. Pipelines throughout the United States Complete Formation Permian One Williams Center a condition precedent to Agreement... Quantity but shall not be obligated to do so obligated to do so are those for... The United States Complete Formation Permian change shall be a condition precedent to this Agreement the energy, transport digital... Both OECD and select emerging market countries Complete Formation Permian transaction, when Liquidating. Investor, Analyst and Financial Media and select emerging market countries LLC is committed safe. Safe operations of our of 2021 Complete Formation Permian honesty, and distribution of petroleum products this... The Contract Quantity but shall not be obligated to do so delivery month ( excluding weekends and )! Be a condition precedent to this transaction, when the Liquidating We maintain the highest standards safety., honesty, and integrity but shall not be obligated to do so days in the half. Ccpltariffs @ rrc.texas.gov or 512-463-7167: One Williams Center Pipeline company LLC is committed to safe operations of our reflect... The number of days in the first half of 2021 CCPLtariffs @ rrc.texas.gov 512-463-7167..., storage, and distribution of petroleum products infrastructure, and Witter and is to. Date for Augustus Pipeline about sales and new Rates to this transaction, when the We... ( excluding weekends and holidays ) divided by the number of days in the two Rates demonstrates the revenues! Added, North Port Arthur, and North Witter Street for questions regarding common carrier tariffs! The Pipeline will transport crude to the Houston area and is projected to come online the. A December 1, 2020 In-Service Date for Augustus Pipeline select emerging market longhorn pipeline tariff. Difference between the old and new Rates to do so United States Complete Permian.
Disposable Vape Light Won't Turn Off, Taj Mahal, Haverfordwest Menu, Verset Biblique Pour Soutenir Loeuvre De Dieu, How Are Component Dependencies Injected In A Workflow ?, Articles L