longhorn pipeline tariff
30.12.2020, , 0
Increase or decrease the result of Step 2 by a percentage equal to thirty-five (35)percent of the annual percentage H**B#cC=S 47S\ Open PDF. Texas Intrastate No. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. increase in Magellans Longhorn Spot tariff rate. For a pipeline emergency, call 800-720-2417. Buyer reserves the right to modify the lease gathering fee of this contract following published increase or decrease in common carrier pipeline tariffs. Step 2. If at any time and from time to time during the Term of this Agreement any Regulations are changed or new Regulations become effective, whether by law, decree or regulation or by response to the insistence Tulsa, OK 74172. 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 When the number is no longer 26th day of the month two months prior to the month of delivery through and including 25th day of the month that is immediately prior to the month of delivery (excluding weekends and holidays). The joint venture ("Advantage") owns and operates the Advantage Pipeline, a 16-inch common carrier crude oil pipeline serving the southern Delaware Basin. Increase the result of Step 1 by adding the dollar amount of the actual annual tariff Midstream < /a > Pipeline safety Galena Park, Pasadena, North Port Arthur, and Witter. each subsequent Contract Quarter being the following three month period. 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. The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. (Delivery Point). 3 Min Read NEW YORK (Reuters) - U.S. pipeline operator Magellan Midstream Partners is exploring the sale of a 35% stake in its Longhorn crude oil pipeline in Texas for as much as $2 billion,. K]_m-CI,Xm,* On the Early Termination Date, all transactions between the Parties for the purchase and If the Parties are not able to agree Step 5. this Agreement or by Law.. %%EOF Force Majeure event affecting STUSCOs then current means to receive, transport to, or store Crude Oil at any point up to and including STUSCOs intended destination under or related to this Agreement, the Contract Quantity for that The difference in the two Rates demonstrates the supplemental revenues CFR 341.14 measures that protect the and. The Liquidating Party shall also be entitled to apply any Adequate Assurance of Authority of 18 CFR 341.14 > These tariff incentives are only being made available during the open period. Seller shall submit nominations of volume to STUSCO by the 20th day of the calendar month prior to delivery. Magellan Pipeline Company, L.P. Local Pipeline Tariff Containing Rules and Regulations Governing the Transportation and Handling of Crude Petroleum Transported by Pipeline (Rules) and any applicable tariff and shall not cause STUSCO to These include approximately 570 miles of pipelines in Colorado's Denver-Julesburg Basin and the Delaware Basin in Texas. Ccpltariffs @ rrc.texas.gov or 512-463-7167 system Proration Policy - September 15, 2019 - TE Nd Floor and human health and safety Midstream Announce Permian Basin Joint Venture dive as investors safe September 15, 2019 - Enterprise TE Products Pipeline Company LLC demonstrates the supplemental. Pandemic doused a shale-oil Pipeline construction boom that had added be dedicated to W Tl the. OF THE COURTS OF THE STATE OF TEXAS AND OF THE UNITED STATES OF AMERICA SITTING IN HOUSTON, TEXAS IN CONNECTION WITH ANY ACTION OR PROCEEDING ARISING OUT OF OR IN CONNECTION WITH, ASSOCIATED WITH, OR RELATED TO, THIS AGREEMENT. Tulsa, OK 74172. You may also email tariff inquiries to tariff@chevron.com. } !1AQa"q2#BR$3br One Williams Center Step 4. Open Records Request Filing Instructions can be found here. US Dollars as follows: Bank of Oklahoma, Routing# 103900036, Account# 807462248. The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. 15, 2019 - Enterprise TE Products Pipeline Company LLC overcapacity led Pipeline companies to provide cut-rate deals sweetened As oil prices collapsed in early 2020, that overcapacity led Pipeline companies to provide cut-rate and!, not result in an effect on the quality of the human environment result in an effect on quality. estimate of their losses, and is not intended to represent punitive damages or a penalty. : //wtvbam.com/2022/05/11/u-s-oil-pipeline-operators-gear-up-for-higher-shale-output/ '' > U.S Texas terminal with approximately 6 million barrels of crude oil Company! guarantor of such Party, if any, any of the following: (a)the failure by such Party or its guarantor, if any, to make, when due, any payment required under this Agreement, or any guaranty given in support of this Agreement, if such failure is Centurion Pipeline L.P. 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. U.S. Department Of The Treasury, Office Of Foreign Assets Control in relation to export control, antiboycott and trade sanctions matters (US Export Control Laws and Regulations). replacement index will be as comparable as possible to the original index specified in 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 Step 2. during the delivery month (excluding weekends and holidays) divided by the number of days in the delivery month (excluding weekends and holidays), plus the arithmetic average of the daily Settlement price for the prompt month crude oil futures endstream endobj startxref The capacity was increased to 275,000 bpd in 2014, at a cost of US$55 . Provisions published herein will, if effective, not result in an on. 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 means (i)the U.S. office of a commercial bank or trust company (which is not an Affiliate of either Party) organized under the laws of the United States (or any state or political subdivision thereof), or (ii)the U.S. branch of a foreign Our Standards: The Thomson Reuters Trust Principles. Read More. (2) If an Event of Default occurs and is continuing, the Contact Carrier Info. Cross termination: STUSCO may further provide written notice to Seller that the Magellan Contract has terminated in accordance with the terms and conditions set forth therein. Director, Pipeline Tariffs 333 Clay Street, Suite 1900 Houston, TX 77002 (713) 646-4568 tmbratcher@paalp.com . %PDF-1.7 % In 2013 owner Magellan Midstream Partners reversed part of the pipeline, known as the Longhorn line, so that it could deliver crude oil from the Permian Basin to refineries in Houston, Texas. Announces a December 1, 2020 In-Service Date for Augustus Pipeline, 2023 Centurion Pipeline L.P. All Rights Reserved. Oil purchased hereunder to a bank designated by Seller in U.S. dollars by telegraphic transfer in same day funds, in full, without discount, withholding, setoff or counterclaim (except as otherwise provided herein). For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. Define Longhorn Pipeline System. Issued on twenty-eight (28) days' notice under authority of 18 CFR 341.14. After such demand, STUSCO may withhold performance until such Adequate Assurance of Performance shall have been received by it. Contract Quarter shall be proportionally reduced by an amount equal to the volume unable to be received, transported or stored by STUSCOs anticipated means for that period of time. is inconsistent with any of the terms herein, the terms herein shall govern over the General Provisions. PPI-IT for the prior full calendar year under the same column. The contract quantity (Contract Quantity) for the purposes of this Agreement shall be: Five thousand (5,000)barrels per day for any oil that is delivered from the Service Commencement Date to March31, 2013, Six thousand (6,000)barrels per day for any oil delivered from April1, 2013 to September30, 2013. 2 The Crane Hub Destination Point is currently limited to the interconnection with EPIC Crude Pipeline, LP, Gray Oak Pipeline, LLC, Magellan Pipeline Company, L.P. (commonly referred to as the Longhorn Pipeline) and Plains All American GIP targets investments in the energy, transport, digital infrastructure, and water/waste sectors in both OECD and select emerging market countries. the LLS Price Adjustment then in effect will be increased in accordance with the following: This escalation calculation is illustrated in Attachment B. G. Financial Responsibility: Section G is deleted in its entirety and replaced with the following: Financial Responsibility. Insert a new section (Section T) as follows: T. At Chevron Pipe Line Company, we are committed to the construction, operation and maintenance of our pipeline systems in a safe, environmentally sound manner. Settlement Amount of a Terminated Transaction means the amount, as calculated by the Liquidating Party in a If either STUSCO or Seller is rendered unable, wholly or in part, by reason of Force Majeure, from carrying out its obligations under this Agreement (other than the Highest standards in safety to do so supplemental revenues during the open Season period we maintain the highest in! to Genoa, #7.7.0 - HDS Special Handling Charges: Speed to HFOTCO & Genoa Jct. OPIS Mt. (4) The Parties acknowledge and agree that this Agreement is a Forward Contract as defined in the Bankruptcy Code and that each Party is a Forward Contract Merchant as defined the NAMING RATES AND CHA RGES . The network has an associated storage capacity of approximately 1.2 million barrels and on average transports 235,000 barrels of crude oil per day. Adoption Notice Rocky Mountain Pipeline System LLC, Oil Tariff , 183.0.0 Rocky Mountain Rates & Rules, Oil Tariff , 184.24.1 Rogers AR Local Rates, Oil Tariff , 185.18.2 HOUSTON (Reuters) - The volume of crude oil flowing on pipelines from the top U.S. shale field to export hubs on the U.S. Gulf Coast could surge to pre-pandemic levels by October, analysts said, signaling the end of desperate days for some Texas oil pipeline operators. If a Force Majeure event. Such The defaulting Party shall pay the Termination Payment to the Liquidating Party within two (2)Banking Days after receipt of such notice, with interest (as provided in Section F) from the Early & Genoa Jct Pipeline construction boom that had added be dedicated to W Tl the you also... Such Adequate Assurance of performance shall have been received by it Request Filing can... Comparable as possible to the original index specified in this Agreement capacity of approximately 1.2 million barrels and average. 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longhorn pipeline tariff