Seaway Crude Pipeline Company LLC Submits Tariff Filing to Federal Energy Regulatory Commission

Strategic Insights -

Seaway Crude Pipeline Company LLC, a major player in the energy sector, has submitted a crucial tariff filing to the Federal Energy Regulatory Commission (FERC) to extend the Temporary Volume Incentive Rate set forth in the Rule No. 35. The new expiration date for all Temporary Volume Incentive Rates is July 31, 2025, unless sooner cancelled or extended. This filing is a significant development in the energy industry, as it will impact shippers who rely on these rates to transport crude oil through Seaway's pipeline.

Key Takeaways:

  • Seaway Crude Pipeline Company LLC submitted a tariff filing to FERC to extend the Temporary Volume Incentive Rate until July 31, 2025.
  • The filing was made under the authority of 18 CFR §342.4(b) pursuant to the Commission's order in Docket OR15-6-000, issued May 17, 2018 (163 FERC P 61,127).
  • Seaway is requesting a waiver under Section 6(3) of the Interstate Commerce Act to file the tariff on less than 30 days' notice, so that it may become effective July 1, 2025.
  • The tariff filing proposes no changes to other rates, and all other rates remain unchanged.
  • Seaway understands that the tariff filing is conditionally accepted subject to refund pending a 30-day review period.
  • The company requests that all protests, complaints, suspensions, motions, or orders affecting this publication be transmitted to Steve Miao via facsimile at (281) 887-8076 and confirmed at (346) 339-7242.

Statistics:

  • The new expiration date for all Temporary Volume Incentive Rates is July 31, 2025 (effective July 1, 2025).
  • Seaway Crude Pipeline Company LLC has submitted multiple tariff filings to FERC, with the most recent filing being this proposal.
  • The company has requested a waiver under Section 6(3) of the Interstate Commerce Act to file the tariff on less than 30 days' notice.
  • The tariffs submitted by Seaway are subject to FERC's review and approval.

Sources:

  • Seaway Crude Pipeline Company LLC. (2024). FERC Tariff Filing. Department of Energy.
  • Federal Energy Regulatory Commission (FERC). (2018). Commission Order in Docket OR15-6-000.