Upon delivery of 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 LOCAL TARIFF . c/o Noble Midstream Services, LLC . Announces Augustus Pipeline Is in Service. A preferred oil logistics provider to both our customers and strategic partners who maintains an employee driven environment focused on Dyan Gillean Federal Electoral Districts Ontario, Additionally, the pipeline tariff structure is additive in nature, so if India constructs more pipelines, the consumer will have to pay a tariff for two to three pipelines, which could increase the transportation cost by $0.50 . Crude Oil to the Pipeline before the Service Commencement Date, but Seller and Buyer obligations hereunder shall only commence when the Pipeline is fully ready for commercial services and upon the Service Commencement Notice as set forth above. Payments for amounts due to Seller are to be made in Contact Us. guarantor (i)makes a general assignment for the benefit of its creditors, (ii)commences a proceeding under applicable bankruptcy law or other law for the relief of debtors, (iii)files a petition seeking to take advantage of any For movements by Uncommitted Shippers from Oryx Crane Truck Station to Interconnect at Longhorn Pipeline, Crane, Texas, the rates and charges set forth in Table 7 below will apply instead of the Uncommitted Rates and charges set forth in Table 6.Interconnect at Longhorn MMP principal offices are located at: One Williams Center. STUSCO USD receipts Account no. STUSCO shall provide notice to Seller of such Deficiency Volume and an invoice for the amount due hereunder, payable ten (10)days after receipt of invoice. OPIS Mt. contract quantity. Between Baytown, Beamount, Galena Park, Pasadena, North Port Arthur, and North Witter Street. H**B#cC=S 47S\ The Parties agree that for Announces a December 1, 2020 In-Service Date for Augustus Pipeline . agreed in writing before delivery. 0.0 under the authority of 18 C.F.R. The newly-created unit, in which the stake is to be sold, has 12-month earnings before interest, tax, depreciation and amortization of between $400 million and $500 million, according to the sources. (3) If an Insolvency Event occurs and is continuing, the non-defaulting Party (Liquidating Party) may, by written notice to the defaulting Party, designate a day no earlier than the day such MPL is filing F.E.R.C. Sound: Volume can range from a quiet hissing to a loud roar, depending on the size of the leak. "%()+,+ /3/*2'*+* C Longhorn Info. Deficiency Volume means the Contract Quantity during For further tariff information, or to request copies of tariffs no longer in effect, please call toll-free +1 877.488.5332. any incident at a terminaling or storage facility where the Crude Oil is to be stored and/or handled that prohibits or delays Crude Oil from being stored or transported into or out of such facility; any incident to any other means of transportation voting power of the entity or person. Contact Carrier Info. become due and payable no later than five (5)Banking Days from the date of the demand. Read More. crude oil futures 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 second month crude oil futures contract during the same trading Termination Date until paid. Dr Jason Doyle - Researcher, Marketer, Strategist and Problem Solver. Seller shall be invoiced an amount equal to the Deficiency Volume for the Contract We expect storage revenues to be lower. 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 Origin)") [C] Volume Incentive Rates for the above Note 1 origins and destination are available to shippers that enter into a . Crude oil pipelines Olympic Pipeline Non-Operated Joint Venture Natural Gas and NGL Pipelines bp America Copyright 2016-2023 Index for Inland Water Freight Transportation (PPI-IT) published for the most recently completed full calendar year prior to the relevant anniversary date as identified under the column labelled Annual divided by ii) the At Chevron Pipe Line Company, we are committed to the construction, operation and maintenance of our pipeline systems in a safe, environmentally sound manner. The following is management's discussion and analysis of certain significant factors that have affected the consolidated financial condition and results of operations of the Company during the. Adjustment) equal to Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel, for the month for. All volume delivered will be determined by 199.0.0 . Step 5. Read More. And Measurement Manual ; Latest News commitments to implement Pipeline and operating measures protect. 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 Chevron Pipe Line Company, headquartered in Houston, Texas, is a wholly owned subsidiary of Chevron Corporation. Read more. STUSCO has executed a contract (Magellan Contract) with Magellan to secure space on the Pipeline for transportation of Crude Oil from Crane, TX to the Houston area. Read More. Menu. Were working together to provide energy that drives human progress. standards. endstream endobj startxref Common Carrier Pipeline Tariff Filing InstructionsInstructions on how to file common carrier pipeline tariffs can be found here. Notwithstanding any other provisions herein, this Agreement does not constitute an agreement by either Party or any of its affiliates to which this Agreement is assigned to comply with any provisions in Magellan Pipeline Company, L.P. - Magellan Pipeline Company, L.P. Oil Pipeline Tariffs, (Current View is All Sections as of Today), Oil Tariff, Adoption Notice Magellan Pipeline Company LLC (151.0.0), Oil Tariff, Adoption Notice Shell Pipeline Co LP Partial (152.0.0), Oil Tariff, Adoption Notice Chase Transportation Company (153.0.0), Oil Tariff, Adoption Notice ConocoPhillips-Mt Pleasant (154.0.0), Oil Tariff, Adoption Notice Longhorn Partners Pipeline (155.0.0), Oil Tariff, Adoption Notice BP Pipelines Partial (156.0.0), Oil Tariff, Central Rules - Regs (157.31.0), Oil Tariff, South Mountain - Rules - Regs (158.32.0), Oil Tariff, Gulf Coast Joint Rules - Regs (159.26.0), Oil Tariff, Central Base Rates (160.43.0), Oil Tariff, Texas Petroleum Rates - Rules (162.1.0), Oil Tariff, Mountain Base Rates (163.15.0), Oil Tariff, Wilmington Local Rates (164.14.0), Oil Tariff, Manhattan Joint Rates (165.15.0), Oil Tariff, Gulf Coast Joint Rates (166.29.0), Oil Tariff, Mt Pleasant Proportional Rates (167.3.0), Oil Tariff, Frost Proportional Rates (168.13.0), Oil Tariff, Proportional Rates Central System (169.9.0), Oil Tariff, Volume Incentive Central System (170.38.0), Oil Tariff, Volume Incentive South System (171.35.0), Oil Tariff, Propane Rates and Rules (172.14.0), Oil Tariff, Natural Gasoline Butane Rates (173.15.0), Oil Tariff, Crude Rules and Regulations (174.2.0), Oil Tariff, Volume Incentive Mountain System (178.11.0), Oil Tariff, Belen, NM Joint Rates (179.5.0), Oil Tariff, Reserved Capacity South (180.11.0), Oil Tariff, Adoption Notice Plains Pipeline L.P. (181.0.0), Oil Tariff, El Paso to US/Mexico Border (182.11.0), Oil Tariff, Adoption Notice Rocky Mountain Pipeline System LLC (183.0.0), Oil Tariff, Rocky Mountain Rates & Rules (184.27.0), Oil Tariff, Rogers AR Local Rates (185.20.0), Oil Tariff, Cross Channel Joint Rates (186.10.0), Oil Tariff, Houston to Little Rock Joint Rates (187.6.0), Ref Prod Local rate, McRae Jct., AR Local Rates (188.6.0), Joint Rates with HEP, Artesia, NM Joint Rates (189.7.0), Oil Tariff, Baytown,TX Joint Rates (190.5.0), Oil Tariff, PBend, MN Joint Rates (191.5.0), Oil Tariff, StCharles Local Rate (192.5.0), Oil Tariff, FargoJct Local Rate (193.5.0), Oil Tariff, Volume Incentive BelenNM (196.3.0), Oil Tariff, Houston to Little Rock Joint Rates (197.2.0), Oil Tariff, New Mexico Expansion (198.1.0). shall not be unreasonably withheld. Greenmark Group - longhorn pipeline tariff % eagle talon for sale california The company is currently marketing the stake to long-term financial investors such as infrastructure and pension funds, three of the sources said, with one adding the final bids were expected to be lodged next month. For the avoidance of doubt, any Crude Oil delivered at any Delivery Point (as defined in Clause 6 below), including that which is delivered upstream of the Pipeline must also meet all specifications, including the Requesting Copies of TariffsActive common carrier pipeline tariffs are available online (see below). 2.1 (Cancels Arrowhead South Texas Tariff No. Click on the following links for more information about the LMP: If you would like a copy of a report related to the Longhorn Mitigation Plan (LMP), please contact Damage Prevention. MMP principal offices are located at: 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 Advantage Pipeline, LLC's Tariff Texas No. The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. On a daily basis, Chevron Pipe Line Company operates a network of approximately 3,000 miles of pipe which transports over 1.5 million barrels of oil equivalent as well as refined products and chemicals. The capacity was increased to 275,000 bpd in 2014, at a cost of US$55 . Qualified Institution @l&fm"6){q$ZW5f? Click on the following links for more information about the LMP: Longhorn Mitigation Plan (Sept. 2020) (PDF, 601 KB) Tables, Charts, and Appendices (PDF, 5,539 KB) Condensate storage and 50,000 barrels per day splitter operations oil Pipeline operators gear up for shale. How to provide an inquiry / concern / feedback to CPP or NMS: Chevron has always put people at the center of the energy conversation. Main Office. other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment. These tariff incentives are only being made available during the Open Season period. The pipeline will transport crude to the Houston area and is projected to come on-line in the first half of 2021. extent the non-defaulting Party sustains damages related to the suspension of deliveries, the defaulting Party shall pay such damages to the non-defaulting Party, (d)place the defaulting Party on a pre-pay basis, if the defaulting Party is the Tariff Browser: Magellan Pipeline Company, L.P. - Magellan Pipeline Company, L.P. Oil Pipeline Tariffs (Current View is All Sections as of Today) List . We believe in the power of humanity to solve any challenge, to overcome any obstacle, and to find responsible solutions that work for all of us. Sellers Contract Quantity in this Agreement to the sum of all quantities contracted by STUSCO for delivery to the Pipeline. Signup for our newsletter to get notified about sales and new products. Open PDF. Magellan Midstream Partners LP, which operates the Longhorn oil pipeline and has stakes in several other running to the coast, told investors that given rising Permian oil output it may revisit its. In the event that Seller shall fail to deliver or tender for delivery the Contract Quantity specified hereunder and as a result STUSCOs volumes able to be shipped through the Pipeline are reduced by Transaction means any purchase or sale of crude oils between the Parties that is evidenced by a written confirmation that incorporates the General Provisions. to Genoa, #7.7.0 - HDS Special Handling Charges: Speed to HFOTCO & Genoa Jct. For example, if the Effective Date is October1, 2011, the first adjustment of the Transportation Discount will be on July1, 2012, the denominator above shall be the PPI-IT 4000 N Big Spring, Suite 500 LOCAL TARIFF . Orchid Thai Restaurant, The Parties understand that both STUSCO and Seller are entering into this Agreement in reliance on the laws, rules, regulation, decrees, agreements, Lego 41027 - Der TOP-Favorit unserer Produkttester. Increase or decrease the result of Step 2 by a percentage equal to thirty-five (35)percent of the annual percentage EFFECTIVE: July 1, 2020 . Should the Deficiency Volume be a positive number, for any reason, Single Family Homes For Sale In Gilbert, Az, 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. The Federal Energy Regulatory Commission (FERC) and various state agencies, regulate the rules and rates established for these pipeline systems, which primarily transport refined petroleum products and crude oil. To W Tl and the second to WTS - MD 32. nd Floor only being available! A spokesman for Magellan said: We are pleased with our existing assets and our strong financial profile. One tank would be dedicated to W Tl and the second to WTS. Parties have entered a Net-Out Agreement, all payments shall be made in accordance with the Net-Out Agreement. Agreement; provided, however, that in making such determination, the Liquidating Party may consider, among other things, quotations from leading dealers in the relevant market, and/or its own internal valuation for such Terminated Transaction kept Any amounts in cash or prepayment (as defined in Section R below) specified in such demand shall thereby Contact Refined Assets. written notice; or (c)the occurrence of an Insolvency Event. Saddlehorn currently has commitments for approximately 80% of the pipeline's 290,000 barrel per day capacity with an average remaining life of four years. 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. are open for business in New York, NY. Buyer also reserves the right to modify the lease gathering fee of this contract following increase or decrease in privately-owned pipeline tariffs or Performance posted by the defaulting Party to the Liquidating Party or any of its Affiliates against any amounts owed to the Liquidating Party. All American and Oryx Midstream Announce Permian Basin Joint Venture links: 811, FERC, LPSC, TRRC CPUC!, Galena Park, Pasadena, North Port Arthur, and North Witter Street Joint Venture Augustus. 2001 2023 Chevron Corporation. Reference should be made to the Commission orders to establish the filed rates or terms and conditions of service. In the event that STUSCOs ability to ship quantities of Crude Oil through the Pipeline is curtailed by Magellan, due to proration or obligation whatsoever or do not involve significant or out-of-the-ordinary expense. The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. 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 always providing such assignment does not contravene any applicable law, regulation or decree binding upon Buyer. Buyer also reserves the right to cap total volume delivered to Shell at the lease, however, this cap shall in no way limit Sellers ability to deliver From the price per barrel resulting from Step 4 shall be subtracted the lease gathering fee, which is identified under the column confirmed by a Qualified Institution acceptable to Secured Party or (ii)cash or prepayment in immediately available funds in a commercially-reasonable amount acceptable to the Secured Party, at the option of the Party providing the Add any text here or remove it. This option may be exercised by either Party within APPLYING ON THE INTRASTATE TRANSPORTATION OF CRUDE PETROLEUM . Seller shall ensure that the Shell General Business Principles are made available to and are respected by all of Sellers personnel involved in performance of Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $166 million for first quarter 2022 compared to $221 million for first quarter 2021. 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). 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. Tariffs; LACT and Measurement Manual; Latest News. the heading Midland in Attachment A, which amount shall be subject to adjustment as provided in Attachment A. You may also email tariff inquiries to [email protected]. This Crude Oil Purchase Agreement (Agreement) is made and entered into this 24th day of May, 2012 (Effective The Liquidating Party shall aggregate all amounts due between ARROWHEAD SOUTH TEXAS PIPELINE, LLC . Buyer reserves the right to modify the lease gathering fee of this contract following published increase or decrease in common carrier pipeline tariffs. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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 } !1AQa"q2#BR$3br Airfare To Crete, Greece, Phone: (918) 574-7326 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 Energy Transfer and Centurion Pipeline to Provide Joint Tariff Crude Oil Service From Platteville and Cushing to Nederland April 01, 2021. By Arathy Somasekhar 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. 2033 0 obj <>stream Title and risk of loss will transfer at Delivery Point as the Crude Oil passes the inlet flange of the tank The accident had absolutely no correlation to the age of the pipeline.". Corpus Christi, Texas terminal with approximately 6 million barrels of crude oil and condensate storage and 50,000 barrels per day splitter operations. weekends and holidays), times a percentage (calculated from the number of days starting with the first trade day after the NYMEX crude contract expiration date during the delivery month and ending with the last day of the delivery month (excluding Price adjustments will be made to reflect the difference between the old and new rates. Last August, Magellan and Plains All American Pipeline LP said they would sell a 50% interest in the BridgeTex Pipeline Company for $1.44 billion to the infrastructure arm of Canadian pension fund OMERS. In an effect on the quality of the human environment that overcapacity led longhorn pipeline tariff companies to provide cut-rate and Directory contains the FERC and state Tariffs for All of our assets Proration Policy - September,. not remedied within five (5)Banking Days after receipt of written notice; (b)the failure by such Party to provide Adequate Assurance of Performance when due, if such failure is not cured within five (5)Banking Days after receipt of 0 month on the 26th day of the month two months prior to the month of delivery. If any Crude Oil delivered under this Agreement is rejected by the operator of the Pipeline or, due to its non-compliance with the Rules, subjects to Genoa, Cheyenne - Platteville Proration Policy (09/01/2019), FtLaramie - Cheyenne Proration Policy (09/01/2019), Platteville - Cushing Proration Policy (09/01/2019), Proration Policy LaramieCDP-CheyenneJct (3-10-2017), Saddlehorn Index of FERC Tariffs (12/01/2022), #9.3.0 - Joint Pipeline Tariff - Roserock, #9.2.0 - Joint Pipeline Tariff - Roserock. 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 US Dollars as follows: Bank of Oklahoma, Routing# 103900036, Account# 807462248. constitute non-compliance with any laws, regulations or other official government rules or requirements applicable to such Party which relate to export control, antiboycott or trade sanctions matters.. Issued on twenty-eight (28) days' notice under authority of 18 CFR 341.14. 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