BridgeTex Pipeline Company, LLC, owned 50/50 by Magellan Midstream Partners, L. The BridgeTex pipeline currently has a capacity of 300,000 barrels per day ("bpd") to deliver Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area. its pipeline and gathering systems connect various production areas to multiple market locations. 44 billion for a 50% interest in BridgeTex, including the acquisition of a 30% interest from Plains, and a 20% ownership interest from Magellan. BridgeTex owners seek more than $300 million from shipper: filing. 74 Longhorn Magellan Midland East Houston Direct $4. ("Magellan"). The pipeline project is supported by long-term transportable commitments and has received a favourable order from the Federal Agency Regulatory Commission approving the tariff structure for the pipeline. For additional tariff information or to be included in the tariff subscriber e-mail distribution, contact Teresa Bratcher at (713) 646-4568 or [email protected] Giving credence to the immediacy of this question, there have been several announcements in recent weeks to expand existing pipeline infrastructure. The additional 40,000 bpd of capacity is expected to be operational in early 2019. The pipeline project will go forward, but Plains' COO has said that the financial impact is worrisome. Washington — A federal appeals court Friday ruled that the Federal Energy Regulatory Commission must vacate a decision upholding increased tariff rates on Kinder Morgan's SFPP fuel pipeline system since the commission apparently strayed from its long-established policy on data considered in rate complaints. 3 of 4 The BridgeTex Pipeline was completed in 2014 and terminates in east Houston. BridgeTex states that the prorationing policy and its application to the. 0 (cancels FERC No. 9 The tariff will be set for hearing. TARIFF INDEX Transported By Pipeline From And To Points Named On F. With the purchase, the partnership is expected to become one of the premium midstream players in the Houston Gulf Coast region. BridgeTex shippers with firm commitments of between 10,000 and 30,000 bpd have a required contract term of approximately seven years, with a tariff rate of roughly $4 a barrel, according to a. • Related projects by units of Columbia Gas Transmission to move gas westerly from WV • FERC approved final EIS • 170. OR16-19-000] BridgeTex Pipeline Company, LLC; Notice. It is time to fight for Canada! These articles are fully researched. More crude oil takeaway is set to be built from the Permian Basin to Cushing, OK, following a successful open season by a subsidiary of Plains All American Pipeline LP (PAA). Companies like Stampede represent a small portion of the pipeline business. nwews Wednesday, September 6, 2017 new Web Site was relased by DeveloperG new Web Site was relased by DeveloperG new Web Site was relased by DeveloperG new Web Site was relased by DeveloperG. Tariff List: Tariff Program The tariff viewer is being provided to help the public review tariff provisions electronically. (AP) — As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm surge. Occidental to Build Oil Pipeline. 07% announced today that BridgeTex. US oil pipelines might rethink affiliate discounts: Fuel for Thought. FERC ICA OIL TARIFF F. Shippers may protest our pipeline tariff filings, and the FERC or state regulatory authorities may investigate tariff terms. pipeline system. fuel system, delayed reopening a segment of its system in Texas that was shut due to Hurricane Harvey, increasing worries about rising retail prices and the domestic distribution of gasoline and distillates. Effective Tariffs FERC Seaway Over/Short & PLA Policy (06/01/2017) - Policy and Procedures Applicable to Shipper Over/Short Balancing and Pipeline Loss Allowance Settlement. Posts about Sunoco Logistics written by kenkosen. Pipeline Miles: 3,550 Storage Capacity: 8 MMBbls Truck Injection Stations: ~100 Permian Basin Bone Spring (1) Pipeline miles are only those miles associated with PAA’s tr ansportation segment and are as of 12/31/13. Compiled By: Tina R. 0 or subsequent reissues thereof, the following definitions are added to Paragraph 1 of Centurion Pipeline L. The BridgeTex pipeline is expected to come online by mid-2014. Magellan, Occidental Proceed With BridgeTex Crude Pipeline | Hart Energy Hart Energy the Company. This Index contains a list of FERC tariffs in effect as of SEPTEMBER 1, 2016. FERC ICA OIL TARIFF FERC No. BridgeTex Pipeline Co. Katie Price owes nearly half a million pounds to the tax office and creditors, new reports show. That’s pretty much half of what the US imports from China. PRESS RELEASE PR Newswire higher crude oil shipments on the BridgeTex pipeline. (NYSE: MMP) today reported net income of $210. Explore commentary on Magellan Midstream Partners LP and hear what. The pipeline project is supported by long-term transportable commitments and has received a favourable order from the Federal Agency Regulatory Commission approving the tariff structure for the pipeline. Magellan said it did not expect its revenue to be affected. “We can’t let trade officials determine product specification for companies. 86 N n/c 39. BridgeTex is expanding the pipeline system again, for a new capacity of approximately 440,000 bpd. Global carbon emissions grew by 600 million tons, or around 2%, the fastest for many years. E-mail marketing such as plain introductory e-mails and newsletters help your vape business to get your message across to thousands of vape shops, e-liquid wholesalers and other types of vape b. TARIFF INDEX Transported By Pipeline From And To Points Named On F. Bridgetex Pipeline Company, Llc Submits Tariff Filing Per 347. OR16-19-000 ORDER ON PETITION FOR DECLARATORY ORDER (Issued August 22, 2016) 1. LaFleur, Tony Clark, and Colette D. Please call back later jeunesse reserve antioxidant fruit blend harga Novo Nordisk, the Nordic region's most valuable company by market capitalization, said it would look into selling or licensing out some of the drugs from the inflammatory business pipeline but it could not yet put a valuation on (2018-01-24 20:28:13). Basically, when their is a wide differential between WTI priced in West Texas and in Houston that drives demand for spot shipments of crude at high tariff rates. The $145 million project is designed to boost natural gas pipeline capacity by increasing compression. Blue Mountain Midstream LLC; Notice of Application, 56596-56597 [2017-25723] 2017 transmittal letter regarding the filing of BridgeTex FERC Tariff Nos. For additional tariff information or to be included in the tariff subscriber e-mail distribution, contact Teresa Bratcher at (713) 646-4568 or [email protected] 49 Monday, December 4, 2017 Oil Price Information Service Independent Refined Products Prices and Comprehensive Analysis for All US Markets Inside Every Issue Refined Products Cash Market. There is cause for optimism here as well. BridgeTex states that the prorationing policy and its application to the. BridgeTex Pipeline Company, LLC submits tariff filing per 342. refined products pipeline system with 53 terminals as well as 25 independent terminals not connected to our pipeline system and our 1,100-mile ammonia pipeline system; • our crude oil segment, comprised of approximately 2,200 miles of crude oil pipelines, our condensate splitter and 33 million. - Rates, Rules and Regulations Tariff for Petroleum Products and Unfinished Gasoline Rates, Rules and Regulations for Petroleum Products and Unfinished Gasoline Open PDF. In September 2018, the partnership recognized a $353. 19-21, BridgeTex Pipeline Moves for Partial Summary Disposition of OEMI’s Complaint, FR No. In further signs of the intense competition in the Permian, Oxy, an anchor shipper that underwrote construction of Magellan's and Plains All American's 400-mile long BridgeTex pipeline — and currently takes service under a ten-year transportation service agreement — filed complaints at the state and federal level against BridgeTex. Generators, electric utilities spar over pipeline funding in FERC fuel security docket - New England power generators filed comments at the Federal Energy Regulatory Commission Thursday, asking regulators to reject a request from electric utilities to allow them to charge consumers for pipeline development as part of a larger proceeding on regional fuel security. Occidental maximizes the value of its transportation and storage assets by marketing its own and third-party production in the oil and gas business. BridgeTex Pipeline. Can favorite a 4. In many ways, the efforts of environmental extremists to oppose new pipeline construction has the same effect as if the pipeline operators themselves declined to invest in meeting new demand. Compiled By: Tina R. The BridgeTex Pipeline is now in the final stages of construction and will be capable of transporting up to 300,000 barrels per day of Permian Basin. The tariff viewer is being provided to help the public review tariff provisions electronically. The pipeline re-opened in April of 2013 with a terminal in Crane. One Williams Center. 1m b/d are planned or under construction, according to RBN Energy, a research company. The regulatory burden on the industry increases the cost of doing business and affects profitability. Compiled By: Tina R. Midland Station or from Basin Pipeline to BridgeTex Pipeline at Colorado City. Pending Crude Oil Pipeline Projects Energy Transfer Crude Oil Pipeline Project (Trunkline) BridgeTex Expansion: Q2/2017. Plains All American Pipeline is Proceeding with Construction of Cactus II Pipeline. Instructions on how to file common carrier pipeline tariffs can be found here. US oil pipeline companies were calling their lawyers in Washington last week after regulators said a practice that has apparently become commonplace in the industry violates federal law. The September 29, 2014 opening of the BridgeTex pipeline – 5 months later than expected - between Colorado City in the Permian Basin and Houston was expected to bring immediate relief to West Texas producers with crude stranded by a lack of pipeline takeaway capacity. The other key metric for refined product pipeline system is the average tariff we collect. If a tariff is not available online, the public may request a copy by filing an open records request with the Commission's Office of General Counsel. Under its FERC tariff, as amended, the BSG System will now offer delivery into three Colorado City destination points: BridgeTex Pipeline. and Spectra Energy Corp closed their merger transaction. PAA's Q2 profit fell to $100M from $188M during the year-ago quarter, largely because the company is spending more to build major new pipelines stretching from the Permian Basin to Texas Gulf. 0 or subsequent reissues thereof, the following definitions are added to Paragraph 1 of Centurion Pipeline L. 2 million has been deducted. Pipeline Miles: 3,550 Storage Capacity: 8 MMBbls Truck Injection Stations: ~100 Permian Basin Bone Spring (1) Pipeline miles are only those miles associated with PAA’s tr ansportation segment and are as of 12/31/13. A request by Plains All American's request to exclude its Cactus II Permian-to-Gulf Coast crude oil pipeline from the tariff on imported steel was rejected by the Commerce Department on grounds that suitable product is available from domestic producers. The Dolphin Pipeline has capacity to transport up to 3. E-mail marketing such as plain introductory e-mails and newsletters help your vape business to get your message across to thousands of vape shops, e-liquid wholesalers and other types of vape b. 0 Oil Tariff, Adoption Notice Shell Pipeline Co LP Partial, 152. According to the companies, the BridgeTex Pipeline will be capable of transporting up to 300,000 barrels per day of crude oil, with access to Houston Ship Channel refineries, Texas City refineries. The BridgeTex Pipeline is now in the final stages of construction and will be capable of transporting up to 300,000 barrels per day of Permian Basin. Requesting Copies of Tariffs. ” The rates on approximately 40% of the shipments on our refined products pipeline system are regulated by the FERC primarily through an index methodology. The $145 million project is designed to boost natural gas pipeline capacity by increasing compression. Here are some selected new articles from the week ended 26 August 2018. today announced that BridgeTex Pipeline Company, LLC, owned 50/50 by both companies, has launched an open season to assess customer interest for expanded capacity and a new origin in Midland, Texas. The energy sector is poised for a positive start, backed by strength in the underlying commodities and U. Under its FERC tariff, as amended, the BSG System will now offer delivery into three Colorado City destination points: BridgeTex Pipeline. BridgeTex Pipeline Company, LLC Docket No. 1m b/d are planned or under construction, according to RBN Energy, a research company. The rendition of the tariff provisions and the status of these. We see growth coming in our business from tariff growth on our pipelines. BridgeTex states that the prorationing policy and its application to the. RIO Pipeline The RIO Pipeline consists of 110 miles of 12-inch pipeline bridging the Delaware and Midland basins with connectivity at State Line and Midland terminals. FERC recently ordered Dominion to stop work on the ACP and this new legal action could put a permanent end to the pipeline. The BridgeTex Pipeline System will be a 400 mile, 20-inch pipeline which will terminate at MMP’s East Houston Terminal. Magellan Midstream Partners LP said on Thursday volumes on its BridgeTex pipeline from Midland and Colorado City, Texas, to East Houston, Texas, surged 50 percent in the first quarter as demand rose. Interest on the notes. 4: BridgeTex Oil Pipeline Filing to be effective 4/1/2015 under IS15-232 Filing Type : 830 Type File Name. 215 billion for a crude oil gathering system in the Permian Basin's Northern Delaware sub-basin that serves "several producers" in the hot play. Published 5 December 2017. , Washington, DC 20426. Plains All American Pipeline is Proceeding with Construction of Cactus II Pipeline. 9 million for second quarter 2016. 0) SEAWAY CRUDE PIPELINE COMPANY LLC LOCAL TARIFF Containing RATES, RULES AND REGULATIONS Governing THE TRANSPORTATION of CRUDE PETROLEUM by PIPELINE [N]Issued under authority of 18 CFR §342. According to the companies, the BridgeTex Pipeline will be capable of transporting up to 300,000 barrels per day of crude oil, with access to Houston Ship Channel refineries, Texas City refineries. The energy sector is poised for a positive start, backed by strength in the underlying commodities and U. Occidental maximizes the value of its transportation and storage assets by marketing its own and third-party production in the oil and gas business. Magellan Midstream Partners LP said on Thursday volumes on its BridgeTex pipeline from Midland and Colorado City, Texas, to East Houston, Texas, surged 50 percent in the first quarter as demand rose. The pipeline project is supported by long-term transportable commitments and has received a favourable order from the Federal Agency Regulatory Commission approving the tariff structure for the pipeline. Further, the overall average refined products tariff increased between periods due to less volume transported on the supply-driven South Texas pipelines, which move at a much lower rate. 0, to be effective on February 1, 2018, on one day's notice, so that BridgeTex can fulfill its obligations under the TSAs with committed shippers. The additional 40,000 bpd of capacity is expected to be operational in early 2019. Tariffs Herein Published: July 1, 2017 NuStar Permian Transportation and Storage, LLC 19003 IH-10 West San Antonio, TX 78257 Issued and Compiled by: Adam Cummins Senior Manager –FERC Compliance, Tariffs and Regulatory Planning. Magellan bought the line in 2009 and renamed it the Houston-to-El Pasosegment of the 9,600-mile Magellan pipeline system, company spokesman BruceHeine said. The BridgeTex pipeline was recently expanded from 300,000 barrels per day ("bpd") to a capacity of 400,000 bpd to deliver Permian Basin crude oil from Colorado City, Texas to the Houston Gulf. US oil producer ConocoPhillips and a unit of Canadian producer Encana Corp asked the Federal Energy Regulatory Commission to reject Plains All American Pipeline’s proposed tariff surcharge on. july 13/raid on gold and silver continues unabated: gold down $5. DCP Midstream Partners is a key vehicle to expand the midstream operating footprint for DCP Mid- stream, ConocoPhillips. East Daley Capital Advisors, Inc. Magellan Midstream Partners' Management Sees 1 Hurdle in 2017, but Lots of Opportunity 2016 was a great year for the pipeline company, and 2017 can be even better if it can resolve a contract dispute. BridgeTex Pipeline Company, LLC submits tariff filing per 342. On June 22, 2016, BridgeTex Pipeline Company, LLC (BridgeTex) filed a petition for declaratory order (Petition) requesting approval of the proposed proration policy,. 92 billion cubic feet per day (Bcf/d) of natural gas. AMH will sell to WES its interests in Saddlehorn Pipeline Company, LLC and Panola Pipeline Company, LLC in exchange for aggregate consideration of $193. 7%) says it received sufficient commitment from shippers to expand its Sunrise pipeline in Texas by 180 miles, adding 120K bbl/day in capacity to move volume from the. The article Sunoco Logistics Partners L. its pipeline and gathering systems connect various production areas to multiple market locations. The Dolphin Pipeline has capacity to transport up to 3. If, at any time, you are interested in reverting to our default settings, please select Default. Take notice that on October 30, 2017, pursuant to Rule 207(a)(2) of the Federal Energy Regulatory Commission's (Commission) Rules of Practice and Procedure, 18 CFR 385. FERC recently ordered Dominion to stop work on the ACP and this new legal action could put a permanent end to the pipeline. If a tariff is not available online, the public may request a copy by filing an open records request with the Commission's Office of General Counsel. The Magellan Midstream Partners, L. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): x. Occidental and Magellan are proceeding with construction of the BridgeTex Pipeline, which is expected to begin service in mid-2014. 0 or subsequent reissues thereof, the following definitions are added to Paragraph 1 of Centurion Pipeline L. While their EBITDA was a little on the light side and their guidance was conservative, I think that the main driver of this is spot shipments on its BridgeTex and Longhorn pipelines. Introduction We are a publicly traded limited partnership principally engaged in the transportation, storage and distribution of refined petroleum products and crude oil. One reason is fear that the industry will overbuild, pressuring pipeline tariffs and leading to projects that fail to cover their cost of capital. Under its FERC tariff, as amended, the BSG system will now offer delivery into three Colorado City destination points: Sunoco Pipeline L. East Daley Capital Advisors, Inc. Nord Stream 2 pipeline is against Europe’s interests August 21, 2018 Merkel backs efforts to find alternatives to Russian gas August 21, 2018 BHP Billiton: out of darkness August 21, 2018. today announced that BridgeTex Pipeline Company, LLC, owned 50/50 by both companies, has launched an open season to assess customer interest for expanded capacity and a new origin in Midland, Texas. The BridgeTex pipeline currently has a capacity of 300,000 barrels per day ("bpd") to deliver Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area. BPL US 5,416. A great of example of this is the PAA/MMP sale of a 50% interest in the Bridgetex Pipeline (running from the Permian Basin to Houston) to OMERS (defined benefit pension plan for municipal. 9 million in cash;. Under its FERC tariff, the BSG System will offer delivery into the BridgeTex Pipeline and Sunoco-operated pipelines near Colorado City, Texas. 207(a)(2)(2012), Oxy Midstream Strategic Development, LLC and Magellan Midstream Partners, L. MAGELLAN PIPELINE COMPANY, L. 0 cancels f. Bakken oil output has fallen 23% since its 2015 peak, but the pipeline should eliminate the “Bakken discount,” where Bakken sells for less that the WTI price to compensate for. Magellan said it did not expect its revenue to be affected. Press Release - MPLX reported record third quarter 2018 net income attributable to MPLX of $510 million compared with $216 million in the third quarter of 2017. Granger, Pipeline Tariffs. It also transports and distributes hydrocarbons, derivatives, and products. Earnings of non-controlled entities increased $11. Trump is also talking about imposing tariffs on imports of cars. BridgeTex Pipeline to Expand Capacity to Deliver Crude Oil from the Permian Basin to the Houston Gulf Coast Area News provided by Magellan Midstream Partners, L. That’s pretty much half of what the US imports from China. Tariff List: Tariff Program The tariff viewer is being provided to help the public review tariff provisions electronically. Occidental's domestic pipeline business is to ensure that its pipeline and gathering systems connect various production areas to multiple market locations. Earlier this month the Federal Energy Regulatory Commission halted construction of unbuilt pipeline sections and required a doubling of environmental inspectors after 18 spills were reported. Both move crude into the Houston area. Published 5 December 2017. Pipelines out of the region also show that the Houston area, a destination for Midland crude, is flooded with other supply. 8 million gain from the sale of a portion of its interest in BridgeTex Pipeline Company, LLC, of which $351. (collectively, Sponsors), on behalf of BridgeTex Pipeline Company, LLC (BridgeTex) filed a petition for a declaratory order approving the proposed tariff and rate structure for a new interstate pipeline project that will transport crude oil from the Permian Basin, located in West Texas and New Mexico, to the. FERC TARIFF INDEX. • Related projects by units of Columbia Gas Transmission to move gas westerly from WV • FERC approved final EIS • 170. Occidental's domestic pipeline business is to ensure that its pipeline and gathering systems connect various production areas to multiple market locations. Both move crude into the Houston area. FERC ICA Oil Tariff F. 20F 21 If the. The filings in the above-referenced proceeding(s) are accessible in the Commission’s eLibrary system by clicking on the appropriate link in the above list. Press Release - MPLX reported record third quarter 2018 net income attributable to MPLX of $510 million compared with $216 million in the third quarter of 2017. Take notice that on June 22, 2016, pursuant to Rule 207(a)(2) of the Federal Energy Regulatory Commission's (Commission) Rules of Practice and Procedure, 18 CFR 385. Grill für den Outdoorbereich Ausgestattet mit 2 Brennern (3KW) + 1 Seitenbrenner (2. On April 19 this year, the Federal Energy Regulatory Commission (FERC) announced its first review since 1999 of the way pipeline projects are approved and how to balance the transport of shale to market with environmental and societal concerns. Plains' business activities include transportation of crude oil, natural gas liquids, and refined products, as well as storage of liquid products. Bay, Chairman; Cheryl A. BridgeTex shippers with firm commitments of between 10,000 and 30,000 bpd have a required contract term of approximately seven years, with a tariff rate of roughly $4 a barrel, according to a. FERC said it was fine for pipelines to create marketing affiliates and for them to resell line space at the same rate as the. DEPARTMENT OF ENERGY; Federal Energy Regulatory Commission [Federal Register Volume 81, Number 125 (Wednesday, June 29, 2016)] [Notices] [Page 42343] From the Federal Register Online via the Government Publishing Office [www. Fully supported by long-term customer commitments, Magellan is expanding the capacity of the western leg of its Texas refined products pipeline system to approximately 150,000 barrels per day (bpd) from its current capacity of 100,000 bpd. 'There is a risk for an overbuild' for Texas pipelines. Granger, Pipeline Tariffs. Energy Transfer Partners (ETP), Magellan Midstream, Delek and MPLX team up to build a 600-mile long pipeline that will aid in oil transportation from the Permian basin to the Gulf Coast region. Early this month, a group of electric utilities filed with FERC, asking that it clarify that the "central issue" in its ongoing. 102 Cancels Tariff No. 2 million has been deducted. The BridgeTex pipeline was recently expanded from 300,000 barrels per day ("bpd") to a capacity of 400,000 bpd to deliver Permian Basin crude oil from Colorado City, Texas to the Houston Gulf. FERC ICA OIL TARIFF FERC No. 19 tonnes/no changes in slv/both onshore and offshore chinese yuan falter badly as defaults inside china escalate/italy has huge target 2 problems as investors flee italy and deposit in safe zones like germany/trump tells theresa may that. Giving credence to the immediacy of this question, there have been several announcements in recent weeks to expand existing pipeline infrastructure. Last year, natural gas provided 43% of the growth in global energy use, versus 18% for renewables. 0 Oil Tariff, Adoption Notice Chase Transportation Company, 153. Companies are working to assess the safety and potential damage of assets they’re able to access, according to Christi Craddick, chair of the Railroad Commission of Texas, which has regulatory authority over the state’s oil and gas. US (Henry Hub spot) German border Japan LNG low prices in North UK (NBP spot) Although these recent America have led to a reduction in the 18 number of drilling rigs devoted to shale gas. , is expanding the BridgeTex Pipeline’s current capacity from the Permian Basin of 300,000 barrels per day to a new capacity of approximately 400,000 bpd. Environmentalists Sue FERC to Stop the ACP - There's a new effort to block construction of the Atlantic Coast Pipeline -- environmental groups suing the Federal Energy Regulatory Commission for approving the project. is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas. Built in the 1950s, the Longhorn Pipeline ships refined productsfrom the Gulf Coast to El Paso, and eventually into New Mexico and Arizona. 0 (cancels FERC No. Prior to the completion of the Bridgetex pipeline in September, the Permian Basin lacked sufficient local demand and takeaway capacity, resulting in WTI ex-Midland trading at a discount of as much as $14. The company has also shut its Longhorn and BridgeTex crude pipes, stranding 675,000 barrels a day of oil. The BridgeTex Pipeline will be capable of transporting up to 300,000 barrels per day of. (EEP) and its crude oil pipeline, the North Dakota Pipeline Company (NDPL). Magellan Midstream Reports 12% Higher Second-Quarter Net Income TULSA, Okla. Below, we discuss a few considerations around MLP re-contracting risk, but note that exposure to this risk will vary by MLP. For past stories, see, BridgeTex Tariff Accepted, Set for Hearing by FERC; Petition Held in Abeyance, FR No. The rendition of the tariff provisions. oil and gas midstream companies. This article was originally published on this site. 5 Bcf/d in 2018, but insufficient pipeline infrastructure amid surging demand has led Mexico to become the second-largest buyer of US LNG, taking around 19% of the overall LNG exports from the country. A newly built pipeline origin point at Bryan, Texas will add another route out of the Permian. Magellan Midstream Partners' Management Sees 1 Hurdle in 2017, but Lots of Opportunity 2016 was a great year for the pipeline company, and 2017 can be even better if it can resolve a contract dispute. 9 The tariff will be set for hearing. HOUSTON (Reuters) - Plains All American Pipeline and Magellan Midstream Partners filed an amended breach. The additional 40,000 bpd of capacity is expected to be operational in early 2019. Interest on the notes. The current period benefited from the mid-year tariff adjustment of 4. Shippers may protest our pipeline tariff filings, and the FERC or state regulatory authorities may investigate tariff terms. BridgeTex Pipeline Company, LLC Docket No. After my last article on midstream oil аnd gas companies, many of you reached out tо me about what I actually own іn thе space. For assistance with any FERC Online service, please email [email protected] The BridgeTex pipeline is expected to come online by mid-2014. I hаvе owned Magellan Midstream Partners fоr thе last couple of years, аnd due tо some recent underperformance, I hаvе been a significant buyer іn thе past month. Included as part of these tariffs are charges for terminalling and storage of products at 33 of our pipeline system's 49 connected terminals. BridgeTex had initially sought FERC approval for some rates after completing an open season in July, but has faced protests from Occidental Energy Marketing Inc. Mexico’s gas imports now account for more than 70% of total demand. BridgeTex pipeline. 's rules and regulations tariff will apply to truck receipts at the Origin Points contained herein. but the progress is slow. (AP) — As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm surge. 5 billion, computed by reference to the closing price on the Ne. Reuters posts from July 6, 2017. its pipeline and gathering systems connect various production areas to multiple market locations. Midland Station or from Basin Pipeline to BridgeTex Pipeline at Colorado City. Plains All American Pipeline, L. The approximately 450-mile-long pipeline will be capable of transporting approximately 300,000 barrels per day of crude oil between the Permian region (Colorado City, Texas) and Gulf Coast refinery markets. Magellan Midstream Partners' Management Sees 1 Hurdle in 2017, but Lots of Opportunity 2016 was a great year for the pipeline company, and 2017 can be even better if it can resolve a contract dispute. TARIFF INDEX Transported By Pipeline From And To Points Named On F. That will be increased to $50bn soon. On February 27, 2017, Enbridge Inc. 0 (cancels FERC No. Get inside Wall Street with StreetInsider Premium. BridgeTex Pipeline Co LLC set new committed shipping rates to move crude oil from Midland and Colorado City, Texas, to East Houston, Texas, effective Feb. 9 million in cash;. BridgeTex shippers with firm commitments of between 10,000 and 30,000 bpd have a required contract term of approximately seven years, with a tariff rate of roughly $4 a barrel, according to a. Plains All American Pipeline, L. Generators, electric utilities spar over pipeline funding in FERC fuel security docket - New England power generators filed comments at the Federal Energy Regulatory Commission Thursday, asking regulators to reject a request from electric utilities to allow them to charge consumers for pipeline development as part of a larger proceeding on regional fuel security. BridgeTex is expanding the pipeline system again, for a new capacity of approximately 440,000 bpd. Commitments for pipeline capacity can vary from 3 to 15 years (or even longer), and customers on the same pipeline may have different contract terms. Trump is also talking about imposing tariffs on imports of cars. 9-10, BridgeTex Asks for Rehearing of Commission's Order About Tariff Filing, FR No. Active common carrier pipeline tariffs are available online (see below). FERC regulation requires that interstate pipeline rates be filed with the FERC, be posted publicly and be nondiscriminatory and “just and reasonable. BridgeTex Pipeline to Expand Capacity to Deliver Crude Oil from the Permian Basin to the Houston Gulf Coast Area News provided by Magellan Midstream Partners, L. A collection of three new crude pipelines, including the EPIC interim crude line, are expected to start up between now and the end of the year. and Plains All American Pipeline, L. Under its FERC tariff, as amended, the BSG system will now offer delivery into three Colorado City destination points: Sunoco Pipeline L. In addition to the Alon Big Spring Refinery connection, under its FERC tariff, the BSG System will offer delivery into the BridgeTex Pipeline and Sunoco-operated pipelines West Texas Gulf Pipeline and Permian Express 2. 1, according to a filing on Tuesday. 2%, but natural consumption jumped 7X as much in absolute terms, taking market share from 29. FERC ICA OIL TARIFF FERC No. It also transports and distributes hydrocarbons, derivatives, and products. The current period benefited from the mid-year tariff adjustment of 4. If warranted by customer demand, BridgeTex will expand the capacity of the pipeline system by approximately 35,000 bpd to provide transportation services from the new. A collection of three new crude pipelines, including the EPIC interim crude line, are expected to start up between now and the end of the year. 9 million for transportation of crude oil at published spot tariff rates on the BridgeTex pipeline during the three and nine months ended September 30, 2017 , respectively. (NYSE: PAA) is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids and natural gas. GENERAL APPLICATION. US oil pipelines might rethink affiliate discounts: Fuel for Thought. US oil pipeline companies were calling their lawyers in Washington last week after regulators said a practice that has apparently become commonplace in the industry violates federal law. Midland Station or from Basin Pipeline to BridgeTex Pipeline at Colorado City. The last extended period of saturated pipeline capacity dates to January 2014 and lasted for 10 months before the first lines of BridgeTex pipeline entered service, adding 300 kb/d of takeaway. The BridgeTex Pipeline is now in the final stages of construction and will be capable of transporting up to 300,000 barrels per day of Permian Basin crude oil from Colorado City, Texas to the. BridgeTex Pipeline Company, LLC Docket No. Fully supported by long-term customer commitments, Magellan is expanding the capacity of the western leg of its Texas refined products pipeline system to approximately 150,000 barrels per day (bpd) from its current capacity of 100,000 bpd. FERC generally denied the petition, but at the outset it confirmed that an oil pipeline may create a marketing affiliate without FERC authorization, that a marketing affiliate may ship on the affiliated pipeline, and that FERC's ICA jurisdiction does not extend to the sales of petroleum products. 31 Cboe Real-Time Last Sale as of 9:52AM ET 10/08/19 Cboe Real-Time Quotes Realtime quote and/or trade prices are not sourced from all markets. , Washington, DC 20426. It is time to fight for Canada! These articles are fully researched. The BridgeTex pipeline is expected to come online by mid-2014. 0 OVERLAND PASS PIPELINE COMPANY LLC LOCAL PIPELINE TARIFF CONTAINING RATES, RULES, AND REGULATIONS Governing the Interstate Transportation and Handling of DEMETHANIZED MIX Transported by Pipeline FROM ORIGINS IN COLORADO AND WYOMING TO DESTINATIONS IN KANSAS. through the Dakota Access. In addition to the Alon Big Spring Refinery connection, under its FERC tariff, the BSG System will offer delivery into the BridgeTex Pipeline and Sunoco-operated pipelines West Texas Gulf Pipeline and Permian Express 2. 4: Bridgetex Pipeline Company, Llc Submitted On 10/11/2019 3:14:14 Pm, Filing Type Code: 830 Major Parties: BridgeTex Pipeline Company, LLC; Docket Type: Investigations and Suspensions into Rates, Fares, Charges & Practices of Oil P/Ls; Source - Original Docket. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): x. Explore commentary on Magellan Midstream Partners LP and hear what. More crude oil takeaway is set to be built from the Permian Basin to Cushing, OK, following a successful open season by a subsidiary of Plains All American Pipeline LP (PAA). The current period benefited from the 2018 mid-year tariff adjustment of 4. MAGELLAN PIPELINE COMPANY, L. FERC also reviews proposals to build liquefied natural gas terminals and interstate natural gas pipelines. The pipeline project will go forward, but Plains' COO has said that the financial impact is worrisome. The BridgeTex pipeline was recently expanded from 300,000 barrels per day ("bpd") to a capacity of 400,000 bpd to deliver Permian Basin crude oil from Colorado City, Texas to the Houston Gulf. For additional tariff information or to be included in the tariff subscriber e-mail distribution, contact Teresa Bratcher at (713) 646-4568 or [email protected] GENERAL APPLICATION. This is what re-contracting risk is all about. The Dolphin Pipeline has capacity to transport up to 3. In September 2018, the partnership recognized a $353. The company has also shut its Longhorn and BridgeTex crude pipes, stranding 675,000 barrels a day of oil. 0) Suspension Notice (See page 17 ) SEAWAY CRUDE PIPELINE COMPANY LLC LOCAL TARIFF Containing RATES, RULES AND REGULATIONS Governing THE TRANSPORTATION of CRUDE PETROLEUM by PIPELINE. Desjardins Securities analyst Michael Markidis sees "further runway" for investor sentiment to improve towardDream Industrial Real Estate Investment Trust following a series of meetings between the REIT and institutional investors in Western Canada last week. Magellan also said that crude oil shipments overall will increase by around 10 percent in 2015, driven. “We can’t let trade officials determine product specification for companies. and Plains All American Pipeline, L. 0 contains Rules and Regulations governing operations of the BridgeTex II Expansion Capacity project. BridgeTex Pipeline Extends Open Season to Feb. 0) CENTURION PIPELINE L. Here are some selected new articles from the week ended 16 June 2018. Mexico’s gas imports now account for more than 70% of total demand. Earlier this month the Federal Energy Regulatory Commission halted construction of unbuilt pipeline sections and required a doubling of environmental inspectors after 18 spills were reported. Oil, Gas, And Fracking News Reads 16June 2018 - Part 1 Written by rjs, MarketWatch 666. Magellan Midstream (MMP) and Plains All American (PAA) announced plans to expand capacity of the BridgeTex Pipeline (50/50 JV), and have launched a supplemental open season (press release) Capacity will be expanded to 440,000 bpd from 400,000 bpd. The notes will mature on October 3, 2047. The rendition of the tariff provisions. The BridgeTex Pipeline is supported by long-term transportation commitments received during its recent successful open season, and it has received a favorable order from the Federal Energy Regulatory Commission. 19 tonnes/no changes in slv/both onshore and offshore chinese yuan falter badly as defaults inside china escalate/italy has huge target 2 problems as investors flee italy and deposit in safe zones like germany/trump tells theresa may that. Second-Quarter 2018. The pipeline project is supported by long-term transportable commitments and has received a favourable order from the Federal Agency Regulatory Commission approving the tariff structure for the pipeline. BridgeTex Pipeline at Colorado City Station, [C] inclusive of all charges [N ] and do not include the Truck Handling Charge listed below and the [C] other than Pipeline Loss Allowa nce for redelivery from the System into either Centurion Pipeline or BridgeTex Pipeline at the Colorado City Station. BridgeTex to boost crude capacity from Permian Basin January 25, 2017 Company News , Crude Oil , Infrastructure , Natural Gas , News , North America , Pipeline , Unconventionals 0 BridgeTex Pipeline announced Tuesday it's expanding crude oil capacity on the pipeline from the Permian Basin in West Texas/southeast New Mexico by 100,000 barrels. All Accidents, Piracy, Security Bimco Commodities & Shipping Rates Economy Environmental Protection IMO Industrial Law, Rule, Prosecution Investment, Merger, Ship Building & Recycling Oil, LNG Prices & Etc. Granger, Pipeline Tariffs. This Index contains a list of FERC tariffs in effect as of SEPTEMBER 1, 2016. BridgeTex, and accept and suspend, subject to refund, FERC Tariff No. East Daley Capital Advisors, Inc. 4: BridgeTex Oil Pipeline Filing to be effective 4/1/2015 under IS15-232 Filing Type : 830 Type File Name. 3 Bcf per day. , an energy information and insights provider that is redefining how markets view risk for midstream and exploration and production (E&P) companies, reports that the overall outlook is positive for most major U. (NYSE: ENB) are planning to build a pipeline from the Permian Basin in West Texas to the Gulf Coast.