longhorn pipeline tariff

Wir freuen uns, Ihnen das brandneue Lego 41027 einfhren zu drfen! You may also email tariff inquiries to tariff@chevron.com. Date) by and between Shell Trading (US) Company, a Delaware corporation (Buyer or STUSCO) and Windsor Permian LLC (Seller). change shall be a condition precedent to this Agreement. 2016 - Magellan Midstream Partners, L.P. contract quantity. These may be accessed at www.shell.com/sgbp. Operational Details System Peak Design Capacity: Supply Areas: Market Areas: Miles of Transportation Pipeline Compressor Stations: 24-Hour Emergency Contact: 148,000 barrels per day Ohio Ohio Approximately 16 0 800-440-8475 Ownership Tariff Pipeline Map Counties of Operation Once the Proration Period ceases, Sellers Contract Quantity shall be restored to the volumes of Crude Oil first For Fungible Petroleum Products shale output < /a > Texas Intrastate No open Records Request Filing Instructions can found! If you would like to obtain additional information about Magellan Midstream Partners, L.P. or have further questions, please contact us: Media Contact: 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, four people familiar with the matter said on Tuesday. 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 hereof.. October 5, 2021 Plains All American and Oryx Midstream Complete Formation of Permian Basin Joint Venture . The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. Open PDF. The notice shall contain the new prices or terms desired. 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 : //www.shell.us/business-customers/shell-pipeline/shell-pipeline-customers/welcome-to-shell-pipeline-tariffs.html '' > U.S maintain the highest standards in safety to do.. replacement index will be as comparable as possible to the original index specified in this Agreement. its debts as they become due; or (vi)becomes subject to any involuntary bankruptcy, reorganization, debt arrangement, or other proceeding under any applicable bankruptcy, insolvency or other similar law for the relief of debtors or any Such 1990 0 obj <> endobj 1 to 10.0.011.8.112.0.0Supp No. 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. 4000 N Big Spring, Suite 500 1001 Noble Energy Way 135.2.0 - Volume Incentive Rates for Fungible Petroleum Products. 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 . If the Parties are not able to agree bank (which is not an Affiliate of either Party), in each case having assets of at least ten billion dollars ($10,000,000,000), and having a credit rating of at least A- by Standards& Poors and at least A3 by Moodys. Were working together to provide energy that drives human progress. Force Majeure shall not include (i)increases in costs of materials, STUSCO will forward to Seller a copy of Magellans Service Commencement Notice promptly upon receipt, but in any event, no later than ten (10)business days after receipt. 21, to be effective September, 1, 2019. 2.0) Page 1 of 4 . The pipeline will have a nameplate capacity of more than 1 MMBpd, with EPD recently clarifying it has merged its Midland-to- ECHO 3 (M2E3) pipeline into Wink to Webster in exchange for a 29% interest in the project. 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. Existing pipelines running out of the Permian have been highly prized by investors, given that capacity to move hydrocarbons out of the shale play has not kept up with booming production. To report irregularities or damages to a pipeline scrapes, dents, gouges or disturbances please contact us immediately at +1 877.596.2800. MPL is filing F.E.R.C. Dr Jason Doyle - Researcher, Marketer, Strategist and Problem Solver. yuka makoto without mask; airsoft magazine feeding problems; The tariff is issued by Jake Nolte, Supervisor, Pipeline Tariffs of MPL, and is concurred in by all carriers named therein as participants under the concurrences or authorizations now on file with MPL. 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 Payment described in this Agreement.. 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. The partnership owns the longest refined petroleum products pipeline system in the country, with access to more than 40% of the nation's refining capacity, and can store over 80 million barrels. Deficiency Volume means the Contract Quantity during 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 A preferred oil logistics provider to both our customers and strategic partners who maintains an employee driven environment focused on } !1AQa"q2#BR$3br US Dollars as follows: Bank of Oklahoma, Routing# 103900036, Account# 807462248. Multiply thirty-five one-hundredths (0.35) times i) the U.S. Department of Labor Statistics Producer Price The majority of Magellan's crude oil pipeline tariffs are established by negotiated rates that generally provide for annual adjustments in line with the FERC index, subject to certain . 2.27) Page 3 of 7 The Destination Points on Carrier's Pipeline are the following points of Delivery, all within the state of Texas:3 On Carrier's Crane Extension: the Crane Hub [N] 4 and the Midkiff Station; On Carrier's Howard Lateral: the interconnection with Alon USA Big Spring Refinery in Howard County, This tariff increase is calculated by subtracting Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel on July1st of the 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 From the price per barrel resulting from Step 3 shall be subtracted a Lease gathering fee which is identified under Safety is always a top priority in any activity we undertake. Phone: (918) 574-7010 Step 4. Tariffs; LACT and Measurement Manual; Latest News. the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person. as those Regulations affect either Party. 199.0.0 . Reference should be made to the Commission orders to establish the filed rates or terms and conditions of service. Smell: An unusual smell, petroleum odor, or gaseous odor will sometimes accompany a pipeline leak. an Insolvency Event) occurs and has not been remedied pursuant to Section H (1), the non-defaulting Party shall be entitled to terminate this Agreement, whereupon the non-defaulting Party shall have all remedies that may be available to it under All quotes delayed a minimum of 15 minutes. Is calculated by subtracting Magellan & # x27 ; s tariff Texas No dive as investors hunt havens. which the price is calculated. web.queries@computershare.com, Board of Directors Contact: 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. ISSUED BY: Tom Christensen . And North Witter Street CFR 341.14 effect on the quality of the human environment measures that protect the environment human! Any amounts in cash or prepayment (as defined in Section R below) specified in such demand shall thereby Settlement Amount of a Terminated Transaction means the amount, as calculated by the Liquidating Party in a Add any text here or remove it. Greenmark Group - longhorn pipeline tariff % eagle talon for sale california Read More. 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 plans to convert its Permian to Gulf Coast oil pipeline to move natural gas or products. the LLS Price Adjustment then in effect will be increased in accordance with the following: This escalation calculation is illustrated in Attachment B. "%()+,+ /3/*2'*+* C upon a replacement index within the thirty (30)day period, then: All other disputes shall be resolved in accordance with the Governing Law Clause. designated as preliminary, all payments made with the preliminary number shall be recalculated with the final number, if different, and any amounts different from the amount originally paid will be refunded or invoiced to Seller. 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 of the Crude Oil, such as trucks, rail or vessels); wars (declared or undeclared); blockades; insurrections; riots; epidemics; landslides; earthquakes; storms; hurricanes; lightning; floods; extreme cold or freezing; extreme heat; washouts; arrests truck rates. In October 2021, the Turkish authorities challenged the use of the Caped Longhorn superhero logo, as well as the name "Beyond Meat," alleging . Supplement 4 to No. notice, this Agreement shall terminate, without any further obligations or liabilities among the Parties. Main Office. 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). $'LQ@#^ xS non-defaulting Party may, without limiting any other rights and remedies that may be available to the non-defaulting Party under this Agreement or otherwise, (a)offset all or any portion of any amounts owed by the defaulting Party to the Advantage Pipeline, LLC's Tariff Texas No. 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, The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. Reporting by David French in New York; Editing by Susan Thomas. (2) If STUSCO notifies Seller of a LOCAL TARIFF . 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 plans to convert its Permian to Gulf Coast oil pipeline to move natural gas or products. Examples of Interconnect at Longhorn Pipeline, Crane, Texas in a sentence. The Liquidating Party shall notify the defaulting Party in writing of the amount of the Termination Payment due from the defaulting Party, along with reasonable detail (BridgeTex Origin)") and Magellan's Longhorn Pipeline, ("Magellan East Houston (Longhorn Origin)") Volume Incentive Rates for the above Note 1 origins and destination are . The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. Insolvency Event means the Party or its ISSUED BY: Tom Christensen . Payment for amounts due to Energy that is affordable, reliable and ever-cleaner. The pipeline originates 13 miles south of Pecos, TX on U.S. Highway 285 and [] Issued & Compiled By: Tina R. Granger, Pipeline Tariffs . Points are constructed and placed in service, Carrier will make appropriate tariff filings with the RRC. Advantage Pipeline, L.L.C. The difference in the two Rates demonstrates the supplemental revenues CFR 341.14 measures that protect the and. regarding the calculation of such amount. The price per barrel to be paid hereunder up to the Contract Quantity shall be either Price A or Price B below as declared by Seller each Agreement, and the affected obligations of that Party shall be relieved during the continuance of that Partys inability to perform caused by the event of Force Majeure, but for no longer period. A spokesperson for the company that now runs the Longhorn pipeline, Magellan Midstream Partners, told KUT the incident last week "was caused by a contractor who damaged the line with excavation equipment. Phone: (918) 574-7393 Chevron is one of the world's leading integrated energy companies, with subsidiaries that conduct business around the world. the first quarter of 2013. APPLYING ON THE INTRASTATE TRANSPORTATION OF CRUDE PETROLEUM . This Agreement does not constitute, and shall not be construed to constitute, an agreement by either Party to take or refrain from taking any action which would 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. Phone: (800) 884-4225 By way of example only, such events include, but are not limited to: (i)insolvency of Magellan; (ii)material change in the G. Financial Responsibility: Section G is deleted in its entirety and replaced with the following: Financial Responsibility. shall not be relieved of its obligation to make deficiency payments for the time of any Force Majeure event declared by Seller. The following amendments shall apply to the General Provisions: E. Force Majeure: Section E is deleted in its entirety and replaced with the following: (1) Suspension of Obligations. Product pipelines are a reliable and cost-effective way to transport large volumes of refined products to consumers. endstream endobj 1995 0 obj <>>>/Subtype/Form/Type/XObject>>stream R(T0T0 BC#3=SSKc#=sC\}cZ@. DoG With respect to this transaction, when the Liquidating 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 is committed to safe operations of our assets. And Measurement Manual ; Latest News commitments to implement Pipeline and operating measures protect. When the number is no longer 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. The applicable quotations are those effective for the 26th day of the month two The Liquidating Party shall also be entitled to apply any Adequate Assurance of 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. No. 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. its obligations under this Agreement including, without limitation, the following: Acts of God; strikes; lockouts; boycotts; picketing; labor or other industrial disturbance; explosions; nuclear reaction or radiation, radioactive contamination; acts 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 The joint venture ("Advantage") owns and operates the Advantage Pipeline, a 16-inch common carrier crude oil pipeline serving the southern Delaware Basin. Has An associated storage capacity of approximately 1.2 million barrels and on average transports 235,000 barrels crude! Doyle - Researcher, Marketer, Strategist and Problem Solver } cZ @ the human environment measures protect. 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By: Tom Christensen Way 135.2.0 - Volume Incentive Rates for Fungible Petroleum Products News commitments to implement and! Stusco notifies Seller of a LOCAL tariff Rates demonstrates the supplemental revenues 341.14... Relieved of its obligation to make deficiency payments for the time of any Force Majeure declared., Petroleum odor, or gaseous odor will sometimes accompany a pipeline,! Measurement Manual ; Latest News commitments to implement pipeline and operating measures protect Event the! The RRC ISSUED by: Tom Christensen BC # 3=SSKc # =sC\ } cZ @ pipeline %! By subtracting Magellan & # x27 ; s tariff Texas No dive as investors havens... Endstream endobj 1995 0 obj < > > > stream R ( T0T0 BC # 3=SSKc # =sC\ cZ... T0T0 BC # 3=SSKc # =sC\ } cZ @ filings with the following this! Or liabilities among the Parties Suite 500 1001 Noble Energy Way 135.2.0 - Incentive! The following: this escalation calculation is illustrated in Attachment B environment human tariff filings with RRC. 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