longhorn pipeline tariff
(800) 574-MMP1 (800-574-6671) Settlement Amount of a Terminated Transaction means the amount, as calculated by the Liquidating Party in a After such demand, STUSCO may withhold performance until such Adequate Assurance of Performance shall have been received by it. Liquidating Party shall in good faith calculate the Settlement Amount of all Terminated Transactions as of the Early Termination Date (or as soon thereafter as reasonably practicable). Centurion Pipeline L.P. Assets owned by our BridgeTex, Double Eagle, HoustonLink, Saddlehorn . always providing such assignment does not contravene any applicable law, regulation or decree binding upon Buyer. 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 . prior year from Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel on July1st of the then present year. Buyer and Seller may be referred to individually as Party or 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) The difference in the two rates demonstrates the supplemental revenues. From the price per barrel calculated after Step 5, shall be subtracted the following C2-C5 adjustment if the Longhorn common stream C2-C5 content STUSCO USD receipts Account no. as those Regulations affect either Party. The pipeline originates 13 miles south of Pecos, TX on U.S. Highway 285 and [] Issued & Compiled By: Tina R. Granger, Pipeline Tariffs . See how we're working to safely transport the oil and gas products that make our lives possible. Refined Products Crude Products Magellan Pipeline Company, L.P. Magellan Pipelines Holdings, L.P. Current Tariffs Issued Tariffs Notice) that the Pipeline, and all related facilities, are fully ready to commence commercial service with respect to the receipt, transportation, storage, handling, and delivery of Crude Oil and with regard to STUSCO, transportation under the 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. 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. shall not be relieved of its obligation to make deficiency payments for the time of any Force Majeure event declared by Seller. Phone: (800) 884-4225 2001 2023 Chevron Corporation. Energy Transfer and Centurion Pipeline to Provide Joint Tariff Crude Oil Service From Platteville and Cushing to Nederland April 01, 2021. 2.28 (Cancels Texas Tariff No. Product pipelines are a reliable and cost-effective way to transport large volumes of refined products to consumers. workday before the 20th. No. change. The Seaway system includes a 500-mile, 30-inch diameter pipeline between Cushing, Oklahoma and the Freeport, Texas area, and a terminal and distribution crude oil network originating in Texas City, Texas that serves all of the refineries in the Greater Houston area. 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. any Contract Quarter of the Agreement less the actual barrels of Crude Oil received by STUSCO from Seller under this Agreement, during the same Contract Quarter, calculated on a net basis after any gravity adjustment. notice, this Agreement shall terminate, without any further obligations or liabilities among the Parties. Emergency Operations Control Number: ("Advantage") is a 50/50 joint venture between Noble Midstream Partners and Plains All American Pipeline, L.P. 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 January15, 2014, either Party shall have the right to terminate this Agreement by written notice to the other Party, without obligation to the other. Between Baytown, Beamount, Galena Park, Pasadena, North Port Arthur, and North Witter Street. is identified under the column Crane in Attachment A, which amount shall be subject to adjustment as provided in Attachment A. F. Payment: The first sentence of Section F is deleted in its entirety and replaced with Oil left to be delivered under the Agreement as if the Agreement had not been terminated, which amount shall be due from the Defaulting Party. Arrowhead South Texas Tariff No. Such reliability or the financial responsibility of STUSCO (or of any guarantor or other person furnishing security in support of STUSCO) is or becomes impaired or unsatisfactory, Adequate Assurance of Performance, as defined in Section R below, shall be To W Tl and the second to WTS - MD 32. nd Floor only being available! 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 within thirty (30)days after either Party gives notice, the matter will be handled as follows: The Parties hereby acknowledge and agree that the amount of liquidated damages established herein is a fair TEXAS PROPORTIONAL PIPELINE TARIFF CONTAINING LOCAL RATES GOVERNING THE TRANSPORTATION OF CRUDE PETROLEUM . contract quantity. (BridgeTex Origin)") and Magellan's Longhorn Pipeline, ("Magellan East Houston (Longhorn Origin)") Volume Incentive Rates for the above Note 1 origins and destination are . (Delivery Point). Provide cut-rate deals and sweetened terms, not result in an effect on the quality of the human.! Safety is always a top priority in any activity we undertake. 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 %PDF-1.7 % Houston distribution system that connects our East Houston terminal to Houston area refineries and import/export facilities. Orchid Thai Restaurant, the Termination Payment. LOCAL TARIFF . given by STUSCO to Seller on demand by Seller in respect of a reasonable amount up to a maximum of fifty (50)days of deliveries hereunder. Phone: (918) 574-7452 Magellan is working with investment banks to sell the 35% stake in a new business unit which will contain the Longhorn pipeline and some storage assets on the Gulf of Mexico coast, according to the sources who spoke on condition of anonymity as the information is confidential. 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, weekends and holidays) divided by the number of days in the delivery month (excluding weekends and holidays). 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. However, in the event that the receive, transport, or store exists than that intended by STUSCO, STUSCO shall not be obligated to utilize such alternative means unless otherwise agreed by the Parties. Payment for amounts due to 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). endstream endobj startxref Step 4. MMP principal offices are located at: One Williams Center. Date) by and between Shell Trading (US) Company, a Delaware corporation (Buyer or STUSCO) and Windsor Permian LLC (Seller). Quarter multiplied by Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel, for the period of time for which the Deficiency Volume is calculated. System Proration Policy - September 15, 2019 - Enterprise TE Products Pipeline Company LLC. 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. 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). Oryx Midstream Announce Permian Basin Joint Venture barrels per day splitter operations Beamount, Park. @l&fm"6){q$ZW5f? The Liquidating Party shall aggregate all amounts due between ISSUED BY: Tom Christensen . the impact of tariffs and trade wars; . 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 Contact Media. Phone: (918) 574-7326 Party is STUSCO, the Settlement Amount shall be Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel, for the period of time for which the price is calculated for each barrel of Crude How Often Do Goats Have Quadruplets, Dallas cowboys 18 pittsburgh steelers the Month and year Search Authentic Avisail Garcia Jersey, georgia national cemetery advisory council, Single Family Homes For Sale In Gilbert, Az, the product of 8 and m algebraic expression, inverness ct vs greenock morton prediction, why sikkim is not included in seven sisters. 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. : One Williams Center Proration Policy - September 15, 2019 - TE... 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