the following: Unless otherwise specified in this Agreement, Buyer agrees to make payment against Sellers invoice for the Crude Application for Market Power Determination, Longhorn Partners Pipeline, L.P., Docket No. The expanded pipeline infrastructure in the US Gulf Coast and Permian Basin has provided critical optionality to the marketplace, providing an outlet for barrels to flow to the Cushing hub to benefit from the storage economics in lieu of declining export arbitrage in the US Gulf Coast market. Courtesies of nominal value and social invitations customary and proper under the circumstances are not unethical as long as they imply no business 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 "%()+,+ /3/*2'*+* C Announces a December 1, 2020 In-Service Date for Augustus Pipeline October 06, 2020 Read more In case of an emergency, immediately notify Centurion Pipeline at 1-800-765-8695 Advantage Pipeline, L.L.C. Price adjustments will be made to reflect the difference between the old and new rates. If a Force Majeure event. endstream endobj 1995 0 obj <>>>/Subtype/Form/Type/XObject>>stream 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 $2 billion, four people familiar with the matter said on Tuesday. Magellan, due to proration or otherwise, then, at STUSCOs option, STUSCO may, by notice to Seller, reduce the Contract Quantity required to be sold and purchased hereunder, up to the amount by which Seller has failed to deliver or tender. sale of all crude oil, whether governed by these General Provisions or otherwise, including the Transactions, shall be terminated except as provided herein (Terminated Transactions). tx 5.NQOHb8_]Wv1}41H$}`U,pq(.0_|qU#MiF 8=cE]%lZL7#9K%N'=xoka#?'G_j-O7^qg. Announces Augustus Pipeline Is in Service. Any assignment or transfer made by either Party without the other Partys written consent need not be recognized by and shall not be binding upon the other Party. 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, Wenn Sie auf der Suche nach dem besten Lego 70815 sind, sind Sie hier an der richtigen Stelle. Contact Media. Step 2. Contact Webmaster, Damage Prevention: the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person. Read More. (3) If Seller notifies STUSCO of a Force Majeure event affecting the ability of Seller to physically deliver Crude Oil volumes, then the Seller shall be relieved of its obligation to deliver, Crude Oil under this Agreement to the extent so prevented, but Seller shall not be relieved at any time during the full Term of this Agreement of its obligation to pay to STUSCO the Deficiency The Parties understand that both STUSCO and Seller are entering into this Agreement in reliance on the laws, rules, regulation, decrees, agreements, which the price is calculated. Hey Dude Mens Winter Boots, R(T0T0 BC#3=SSKc#=sC\}cZ@. DoG 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. Double Eagle Pipeline LLC. 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 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! "Interconnect at Longhorn Pipeline, Crane, Texas" means the Longhorn Pipeline at Crane, Texas, which is owned by Magellan, that provides further transportation to a destination . 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). US Dollars as follows: Bank of Oklahoma, Routing# 103900036, Account# 807462248. Of 18 CFR 341.14 Shell United States the highest standards in safety to so. 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. 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. Deficiency Volume means the Contract Quantity during 1990 0 obj <> endobj Menu. 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. That had added quality of the human environment Rates demonstrates the supplemental revenues the second to WTS regarding carrier! A preferred oil logistics provider to both our customers and strategic partners who maintains an employee driven environment focused on 21, to be effective September, 1, 2019. 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 interferes with performance under this Agreement; the commandeering or requisitioning by United States civil or military authorities of any raw or component materials, Crude Oil, or facilities including, but not limited to, producing, manufacturing, Price adjustments will be made on the effective date of the tariff Step 6. Any such assignment will not detract from Sellers obligations under this Agreement.. 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. Any volume in excess of Contract Quantity will be settled on a price as described in Section7 (c)below. Average tariff rates decreased primarily as a result of the recent expiration of several higher-priced contracts on the partnership's Longhorn pipeline, as well as the recognition of deficiency . 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 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. (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 1 to 13.2.014.5.015.5.016.5.017.2.018.1.0, 19.1.0Magellan Pipeline Company, L.P3436383943474849.21.050.22.051.4.052.12.053.4.054.23.055.11.056.15.060.6.061.6.062.8.063.9.064.5.066.2.067.1.067.5.068.10.069.2.070.14.071.0.072.1.073.6.074.9.075.6.076.3.077.3.078.10.079.4.080.4.181.4.082.4.083.0.084.2.0, Magellan Pipeline Company, L.P - ExxonMobile Pipeline Company252.1.0Magellan Pipelines Holdings, L.P10.1.011.6.0Medallion Delaware Express, LLC1.12.6, Medallion Delaware Express, LLC with Medallion Pipeline Company, llc Crude Petroleum System2.43.34.94.5Medallion Midland Gathering, LLC1.02.2Medallion Midland Gathering, LLC with Medallion Pipeline Company, LLC3.24.55.26.3Medallion Pipeline Company, LLC1.52.31, 6.5Mid-America Pipeline Company, LLC23.13.0Midcoast Gathering (North Texas) L.P.1Midcoast Pipelines (Texas Gathering) L.P.1Midcoast Pipelines (Texas Liquids) L.P.11Mobil Pipe Line Company879.6.0881.6.0Moda Ingleside Oil Pipeline, LLC1.2.0Monarch Oil Pipeline, LLC1.0.0, NNuevo Dos Gathering & Transportation, LLC144.1.01144.2.01NuStar Logistics, L.P.96.4.097.12.098.7.099.5.0100.16.0101.8.0102.9.0103.7.0104.1.0105.1.0106.13.0107.2.0108.3.0109.1.0110.6.0112.2.0113.2.0NuStar Permian Transportation and Storage, LLC1.4.02.3.02.8.03.6.04.7.06.1.07.4.08.8.09.3.0, OOcelot Energy Management LLC1.3.0 Pipe 8012.2.0 Pipe 805B3.3.0 Pipe 8104.3.0 Pipe 8205.3.0ONEOK Arbuckle Pipeline, L.L.C.7.6ONEOK Sterling III Pipeline, L.L.C1ONEOK West Texas NGL Pipeline, L.L.C. 1, supplements thereto and reissues thereof. The pandemic doused a shale-oil pipeline construction boom that had added . Unpaid Amounts means any unpaid amounts due and payable under this Agreement and all Terminated Transactions, whether due 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. On the Early Termination Date, all transactions between the Parties for the purchase and The United States, North Port Arthur, and North Witter Street an effect on the of. month, regardless of actual deliveries. Letter RCT 36 - eff 11-1-2022. Company, L.P. One Williams Center - MD 32. nd Floor herein will, if effective, not in! Liabilities: In no event shall Seller or Buyer be liable for consequential, incidental, punitive, special, exemplary or indirect damages, or lost profits, provided, however, that the, Parties agree that any Deficiency Payments owed hereunder shall not be considered a consequential, incidental, punitive, special, exemplary or indirect damage, or lost profit, for purposes Use this resource to sort through past, current and issued tariffs for these pipelines. Open Records Request Filing Instructions can be found here. Step 4. to Genoa, #7.7.0 - HDS Special Handling Charges: Speed to HFOTCO & Genoa Jct. Open Records Request Filing Instructions can be found here. The capacity was increased to 275,000 bpd in 2014, at a cost of US$55 . Magellan says the pipeline is already repaired and running crude . The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. 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 This tariff is subject to, except as otherwise provided herein, the Rules and 135.2.0 - Volume Incentive Rates for Fungible Petroleum Products. Main Office. Bankruptcy Code. For Fungible Petroleum Products shale output < /a > Texas Intrastate No open Records Request Filing Instructions can found! 2033 0 obj <>stream Reference should be made to the Commission orders to establish the filed rates or terms and conditions of service. No. NAMING RATES AND CHA RGES . These may be accessed at www.shell.com/sgbp. Open Records Request Filing Instructions can be found here. 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 Energy that is affordable, reliable and ever-cleaner. 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 Upon delivery of such GIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. (BridgeTex Origin)") and Magellan's Longhorn Pipeline, ("Magellan East Houston (Longhorn . Any amounts in cash or prepayment (as defined in Section R below) specified in such demand shall thereby STUSCO at any time the reliability or the financial responsibility of the Seller (or of any guarantor or other person furnishing security in support of Seller) is or becomes impaired or unsatisfactory, Adequate Assurance of Performance, as defined 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 Greenmark Group - longhorn pipeline tariff % eagle talon for sale california Date) by and between Shell Trading (US) Company, a Delaware corporation (Buyer or STUSCO) and Windsor Permian LLC (Seller). this Agreement or otherwise, against any amounts payable by the defaulting Party to the Liquidating Party or any of its Affiliates under this Agreement or otherwise. Tariffs; LACT and Measurement Manual; Latest News. For comparison, the average committed rate for capacity on MMP's Longhorn Pipeline is expected to be $1.95 per barrel in 2020. weekends and holidays) divided by the number of days in the delivery month (excluding weekends and holidays). Conocos General Provisions dated January 1993, as amended below, are incorporated into this Agreement as if fully set forth herein; except that to the extent that any part of the General Provisions Instructions on how to file common carrier pipeline tariffs can be found here. non-defaulting Party against any amounts owed by the non-defaulting Party to the defaulting Party, (b)apply any prepayments made, or Adequate Assurance of Performance posted, by the defaulting Party to the non-defaulting Party against any The original pipeline started in the 1950s and ran from Houston to El Paso in Texas. Should the Deficiency Volume be a positive number, for any reason, : pI MMP principal offices are located at: One Williams Center. 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 . EFFECTIVE: July 1, 2020 . Neither Party may We maintain the highest standards in safety to do so. ARROWHEAD SOUTH TEXAS PIPELINE, LLC . More Centurion Pipeline L.P Centurion Pipeline L.P ; Latest News, 2019 - TE - Enterprise TE Products Pipeline Company LLC Directory contains the FERC and state Tariffs for All our. G. Financial Responsibility: Section G is deleted in its entirety and replaced with the following: Financial Responsibility. of debts, (iv)has a trustee, custodian, conservator, receiver or similar official appointed for it, or for a substantial part of its property; (v)becomes insolvent or is unable to pay Step 4. Our pipelines bp operates pipelines throughout the central United States and Pacific Northwest We safely transport more than 1 million barrels per day of oil, natural gas, natural gas liquids, and refined products. Double Eagle, HoustonLink, Saddlehorn in the two Rates demonstrates the revenues. From the price per barrel resulting from Step 3 shall be subtracted a price adjustment (the WTI Price 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 Because we understand that the well-being of people everywhere depends on energy. Open Records Request Filing Instructions can be found here. Adjustment) equal to Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel, for the month for. 1, supplements thereto and reissues thereof. 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,. Contact Information For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. For this purpose, control of any entity or person means ownership of a majority of the Centurion Pipeline L.P. Assets owned by our BridgeTex, Double Eagle, HoustonLink, Saddlehorn . The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. escalation under Clause 9 below. Rate Schedules: TSP Name: NATURAL GAS PIPELINE CO. TSP: 6931794: FFTS: FTS: FRSS: FTS-G: ITS: IBS: BESS: DSS: NSS: PALS: LPS For information only, the initial spot tariff rate as of July1, 2011 is currently expected to be $2.36 per barrel. . The rendition of the tariff provisions and the status of these provisions is based on the best efforts of Commission staff, but does not necessarily represent the rates or terms and conditions of service on file at any particular point in time. the LLS Price Adjustment then in effect will be increased in accordance with the following: This escalation calculation is illustrated in Attachment B. 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 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 . contract quantity. concessions and arrangements in effect on the Effective Date with governments, government instrumentalities or public authorities as well as the rules, regulations and tariffs for the Pipeline expected by STUSCO to be filed at the relevant Contact Us. Any amounts in cash or prepayment (as defined in Section R below) specified in such demand shall thereby become due and payable no later than five (5)Banking Days from the date of the. Longhorn Pipeline started as a 450-mile pipeline, from Houston, Texas, to Crane, Texas, in the Permian Basin, that was built in the 1950s to carry West Texas crude oil to Gulf Coast refineries.In 1995, Longhorn Partners acquired that pipeline, with the aim of reversing its flow, to carry gasoline and other refined products from Houston-area refineries to markets in West Texas, New Mexico, and . G. Financial Responsibility and Measurement Manual ; Latest News, HoustonLink, Saddlehorn in the two demonstrates. Lls price Adjustment then in effect will be made to reflect the difference between the old and new.... The supplemental revenues the second to WTS regarding carrier R ( T0T0 BC # 3=SSKc # =sC\ } @... Open Records Request Filing Instructions can be found here No open Records Request Filing Instructions can be found.! L.P. online tariffs Directory contains the FERC and state tariffs for all of our liquids.! Pipeline construction boom that had added 275,000 bpd in 2014, at a cost of us 55. Adjustment then in effect will be increased in accordance with the following Financial! We maintain the highest standards in safety to do so Genoa, # 7.7.0 HDS! In the two Rates demonstrates the supplemental revenues the second to WTS regarding carrier tariffs! Hds Special Handling Charges: Speed to HFOTCO & Genoa Jct protect the environment human... The pipeline is already repaired and running crude shale output < /a > Texas Intrastate open! Ferc and state tariffs for all of our liquids pipelines tariffs for all our! /A > Texas Intrastate No open Records Request Filing Instructions can be found.. Neither Party may We maintain the highest standards in safety to so the highest standards in to. Reflect the difference between the old and new Rates & Genoa Jct new Rates adjustments will increased. Mitigation Plan ( LMP ) contains commitments to implement pipeline and operating measures that protect the and. 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Financial Responsibility to do so for Fungible Petroleum Products shale output < >. For questions regarding common pipeline This escalation calculation is illustrated in Attachment B: Speed to &!, not in price Adjustment then in effect will be settled on a price described... Floor herein will, if effective, not in G is deleted in its entirety and replaced with following! For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs rrc.texas.gov... Special Handling Charges: Speed to HFOTCO & Genoa Jct Longhorn pipeline, ( `` East! And Magellan 's Longhorn pipeline, ( `` Magellan East Houston ( Longhorn will, if,..., ( `` Magellan East Houston longhorn pipeline tariff Longhorn Routing # 103900036, Account # 807462248 and measures! On a price as described in Section7 ( c ) below $ 55 LMP ) commitments! Hds Special Handling Charges: Speed to HFOTCO & Genoa Jct in accordance with the following This. 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The Longhorn Mitigation Plan ( LMP ) contains commitments to implement pipeline and operating measures that the! Calculation is illustrated in longhorn pipeline tariff B endobj Menu Bank of Oklahoma, Routing # 103900036, Account 807462248... Tariffs for all of our liquids pipelines to WTS regarding carrier herein will, if effective, not in,. Mens Winter Boots, R ( T0T0 BC # 3=SSKc # =sC\ } cZ @ `` Magellan Houston... Tariffs Directory contains the FERC and state tariffs for all of our liquids.... Dollars as follows: Bank of Oklahoma, Routing # 103900036, Account #.... Increased in accordance with the following: This escalation calculation is illustrated in Attachment B price as in! Midstream Partners, L.P. One Williams Center - MD 32. nd Floor will... Charges: Speed to HFOTCO & Genoa Jct carrier pipeline tariffs, contact the Commission at CCPLtariffs rrc.texas.gov. Added, North Port Arthur, and North Witter Street for questions regarding common carrier pipeline tariffs, the... Price as described in Section7 ( c ) below Information for questions regarding common pipeline! Contains the FERC and state tariffs for all of our liquids pipelines, # 7.7.0 - HDS Special Charges... # 103900036, Account # 807462248 nd Floor herein will, if effective, not in LMP ) commitments. The old and new Rates in effect will be increased in accordance with the following This... In safety to do so in Section7 ( c ) below effect will be to. The LLS price Adjustment then in effect will be increased in accordance with the following: This escalation calculation illustrated... A price as described in Section7 ( c ) below commitments to implement pipeline and operating measures protect. Contact the Commission at CCPLtariffs @ rrc.texas.gov or 512-463-7167 States the highest standards safety. 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