Paline is also considering a future pipeline capacity expansion for service on these routes. Shippers that execute a transportation services agreement for a minimum volume commitment at this time would have the opportunity to reduce that commitment by a to-be-determined amount if they execute transportation services agreements in any open season to be held with respect to any such future pipeline capacity expansion project.
Prospective shippers wishing to learn more regarding the terms for volume commitments and volume incentive rates should contact Odely Sakazi, Vice President of Business Strategy, at 615-939-9321 or Odely.Sakazi@delekus.com. The deadline for executing a transportation services agreement reflecting the volume incentive rates is
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This press release contains “forward-looking” statements. These statements contain words such as “possible,” “believe,” “should,” “could,” “would,” “predict,” “plan,” “estimate,” “intend,” “may,” “anticipate,” “will,” “if,” “expect” or similar expressions, as well as statements in the future tense, and can be impacted by numerous factors, and include, but are not limited to, statements regarding future service on the Paline pipeline; pipeline volumes, tariffs, discounts, uncommitted and incentive rates, timing, origin points, commitments, terms and agreements relating thereto; pipeline capacity, tank staging facilities and tankage services including timing, commitments and rates thereof; and future safe and reliable operations. Forward-looking statements should not be read as a guarantee of future performance or results and will not be accurate indications of the times at or by which such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Neither
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