Explorer is willing to construct this pipeline extension if, in this binding phase of the open season process, it receives sufficient support from shippers willing to sign long-term pipeline Throughput Agreements
Liberty Pipeline will have initial capacity of 75,000 barrels per day, which will be committed to Copano and Energy Transfer (50% each) under firm throughput agreements
The Partnership will retain Farm & Home's core business of distributing refined petroleum products, including gasolines and distillates, to wholesale customers through five terminals owned by Farm & Home in eastern and central Pennsylvania and pursuant to throughput agreements
at terminals owned by the Partnership and third parties.
We are in the advanced stage of discussions with other producers, which are expected to result in substantial additional throughput agreements
in the future.
Maritrans will offer this terminal for product storage, both under product throughput agreements
and under product exchange agreements as part of a distribution arrangement which includes marine transportation.
Our terminaling services agreements are structured as either throughput agreements
or storage agreements.
This will, in turn, push companies to explore exchange and throughput agreements
because of the limited tankage available in certain key locations in the Northeast.
Results for the two segments reflect the integral function of these assets to NuStar's customers, earnings generation from throughput rate increases and prior year growth projects, the benefits of regulatory support, and the ongoing shift of NuStar's storage contracts to capacity lease arrangements with take-or-pay provisions from volumetric throughput agreements
The expansion is fully supported by long- term throughput agreements