FIRST AMENDMENT TO TRANSPORTATION SERVICES AGREEMENT
Exhibit 10.3
FIRST AMENDMENT TO
THIS FIRST AMENDMENT TO TRANSPORTATION SERVICES AGREEMENT (this “Amendment”) is effective as of December 1, 2016 by and between Xxxxxx Street Transportation LLC, a Delaware limited liability company (“HST”), and Marathon Petroleum Company LP, a Delaware limited partnership (“MPC”), both referred to jointly as the “Parties” and each individually as a “Party”.
WITNESSETH
WHEREAS, HST and MPC entered into that certain Transportation Services Agreement dated January 1, 2015 (“Agreement”), whereby MPC desired to move Commodities on the HST Pipeline Systems;
WHEREAS, the following Pipeline Systems shall be removed from the Agreement:
1. | RIO 8” Products |
2. | Xxxxxxxx Branch – Vina 6” Crude |
3. | High Island – Texas City 14” Crude |
4. | Princeton – Xxxxxxxx 4” LPG |
5. | Princeton – Xxxxxxxx 8”-6” Products |
6. | Xxxxxxxx Branch Truck Unload |
WHEREAS, the Parties agree to decrease the Canton Crude Truck Unload Minimum Capacity;
WHEREAS, the Parties agree to increase the commitment and toll rate on the St. Xxxxx – Garyville 30” crude system; and
WHEREAS, the Parties now desire to amend the Agreement as set forth herein;
NOW THEREFORE, in consideration of the premises and mutual covenants set forth hereinafter, MPC and HST agree to amend the Agreement as follows:
1. | Exhibit B – Tolls will be replaced with the attached Exhibit B – Tolls reflecting the changes above and the rates currently in effect as of the date of this Amendment. |
2. Capitalized terms used but not defined in this Amendment shall have the meaning ascribed to such terms in the Agreement.
3. | This Amendment may be executed in one or more counterparts, and in both original form and one or more photocopies, each of which shall be deemed to be an original, but all of which together shall be deemed to constitute one and the same instrument. |
4. | Except for the provisions of the Agreement specifically addressed in this Amendment, all other provisions of the Agreement shall remain in full force and effect. |
IN WITNESS WHEREOF, HST and MPC have caused this Amendment to be duly executed, all as of the date set forth above.
Marathon Petroleum Company XX | Xxxxxx Street Transportation LLC | |||
By: MPC Investment LLC, its General Partner | ||||
By: | /s/ X. X. Xxxxxx | By: | /s/ Xxxxx X. Xxxxxxx | |
Name: | X. X. Xxxxxx | Name: | Xxxxx X. Xxxxxxx | |
Title: | Sr. V.P. Supply Distribution and Planning | Title: | President | |
Exhibit B – Tolls
Pipeline System | Minimum Capacity (BPD) | Commitment Barrels Per Day | Toll Rates ($/BBL) | Refinery connection per Section 4.4 & 7.1 |
Bellevue 4” Products | 5,000 | 2,500 | 1.2024 | |
Columbus Locals | NA | 14,100 | 0.4384 | |
Detroit LPG – Woodhaven #1-4” LPG & #2-4”LPG | 5,700 5,700 | 5,900 | 2.0209 | |
Lima – Canton 12”-16” Crude | 83,900 | 57,500 | 1.0718 | Canton |
Lima Pump-out (Products) | 28,800 | 13,500 | 0.1009 | |
Louisville – Lexington 8” Products | 37,300 24,300(MPC) | 18,300 | 0.6511 | |
St. Xxxxx – Garyville 30” Crude | 600,000 | 450,000 | 0.2774 | Garyville |
Toledo – Steubenville 6”-4” Products | 28,800 | 9,800 | 0.9065 | |
Woodhaven Buckeye – Woodhaven 8” LPG | NA | 3,500 | 0.0505 | |
Truck Unloads | ||||
Canton Crude Truck Unload | 20,000(2015-2016) 2,700(2017+) | 20,000(2015-2016) 2,700(2017+) | 2.6355 | Canton |