KBPL definition

KBPL means the Kenai Beluga Pipeline which holds Certificate No. 668 from the RCA.
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KBPL refers, as the context may require, to Kenai Beluga Pipeline, LLC, an indirect wholly owned subsidiary of Hilcorp Alaska, and also to the KBPL pipeline facility that is to be formed under this Agreement from the consolidation of the four existing natural gas pipeline systems operated in Southcentral Alaska by Hilcorp Alaska. The “Effective Date” of this Agreement is August 1, 2014. However, if this Agreement is not accepted and approved by a final Commission order in accordance with its terms, any Party may 1 In addition to the Parties, the Alaska Electric and Energy Cooperative, Inc. (“AEEC”) and Agrium U.S. Inc. (“Agrium”) participated actively in the mediated settlement discussions. AEEC and Agrium have elected not to become Parties and are not signatories to this Agreement. withdraw, in accordance with Section 8.5.
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Examples of KBPL in a sentence

  • When it is made, KBPL will promptly provide an electronic copy of the tariff filing to the Parties.

  • During the Term of this Agreement, KBPL will charge a single postage-stamp inception rate (“Inception Rate”), applicable to all shippers, and will offer a single class of service, identified as “Interruptible Transportation” (“IT”).

  • If Seller has more than one Delivery Point on KBPL, Buyer may require Seller to have a Pool Delivery Point (as defined in the KBPL tariff) for the entire KBPL system.

  • The Purpose of this Agreement is to set out the agreement of the Parties for the certification and formation of the KBPL pipeline system from the consolidation of four existing interconnected natural gas pipeline systems (the “Four Pipelines”) regulated by the Regulatory Commission of Alaska (“RCA” or “Commission”) under the Alaska Pipeline Act, AS 42.06.055 et.

  • The inception costs of forming the new KBPL pipeline and consolidating the Four Pipelines, such as for operations planning, tariff planning and drafting, customer meetings, rate and throughput analysis, regulatory, settlement proceedings, and dissolution of Beluga Pipe Line Company, as necessary to create the new pipeline, to obtain regulatory authorizations, and to ready it for public service are stipulated to be $1,375,000.

  • If the Commission does not accept or approve this Agreement in its entirety or imposes additional conditions, and if any Party withdraws from this Agreement for that reason, then KBPL, Hilcorp Alaska, and their pipeline affiliates may themselves withdraw within five days of receiving the withdrawing party(ies) notice of withdrawal.

  • Except as specifically provided in this Agreement, the Parties do not intend that this Agreement, its terms, or the methodology it employs will have any precedential effect for any other pipeline or for KBPL itself.

  • The other depreciation and amortization expense amounts will be updated to the In-Service date of KBPL as provided and identified in Section 3.7(c), (d), and (f).

  • Prior to the In-Service Date of KBPL, the East West Flow Expansion may be pursued by KNPL and CIGGS.

  • Contemporaneously with filing this Agreement, KBPL, Beluga, KKPL, Hilcorp Alaska, d//b/a KNPL, and Hilcorp Alaska d/b/a CIGGS will file with the Commission an application under which KBPL will seek CPCN authority to enter public service as the successor to the Four Pipelines under AS 42.06., effective on or before January 1, 2015.