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RELATED PARTY TRANSACTIONS (Tables)
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Schedule of related party transactions
These commercial agreements (as defined in the table below) with PBFX include:
Service Agreements
Initiation Date
Initial Term
Renewals (a)
Minimum Volume Commitments
Force Majeure
Transportation and Terminaling
 
 
 
 
 
Delaware City Rail Terminaling Services Agreement
5/8/2014
7 years, 8 months
2 x 5
85,000 bpd
PBFX or PBF Holding can declare
Toledo Truck Unloading & Terminaling Services Agreement
5/8/2014
7 years, 8 months
2 x 5
5,500 bpd
Delaware West Ladder Rack Terminaling Services Agreement
10/1/2014
7 years, 3 months
2 x 5
40,000 bpd
Toledo Storage Facility Storage and Terminaling Services Agreement- Terminaling Facility
12/12/2014
10 years
2 x 5
4,400 bpd
Delaware Pipeline Services Agreement
5/15/2015
10 years, 8 months
2 x 5
50,000 bpd
Delaware Pipeline Services Agreement- Magellan Connection
11/1/2016
2 years, 5 months
N/A
14,500 bpd
Delaware City Truck Loading Services Agreement- Gasoline
5/15/2015
10 years, 8 months
2 x 5
30,000 bpd
Delaware City Truck Loading Services Agreement- LPGs
5/15/2015
10 years, 8 months
2 x 5
5,000 bpd
Torrance Valley Pipeline Transportation Services Agreement- North Pipeline
8/31/2016
10 years
2 x 5
50,000 bpd
Torrance Valley Pipeline Transportation Services Agreement- South Pipeline
8/31/2016
10 years
2 x 5
70,000 bpd
Torrance Valley Pipeline Transportation Services Agreement- Midway Storage Tank
8/31/2016
10 years
2 x 5
55,000 barrels (c)
Torrance Valley Pipeline Transportation Services Agreement- Emido Storage Tank
8/31/2016
10 years
2 x 5
900,000 barrels per month
Torrance Valley Pipeline Transportation Services Agreement- Belridge Storage Tank
8/31/2016
10 years
2 x 5
770,000 barrels per month
Paulsboro Natural Gas Pipeline Services Agreement (b)
9/1/2011
15 years
Evergreen
N/A
 
Storage
 
 
 
 
 
Toledo Storage Facility Storage and Terminaling Services Agreement- Storage Facility
12/12/2014
10 years
2 x 5
3,849,271 barrels (c)
PBFX or PBF Holding can declare
Chalmette Storage Agreement (d)
See note (d)
10 years
2 x 5
625,000 barrels
____________________
(a)
PBF Holding has the option to extend the agreements for up to two additional five-year terms as applicable in the table above.
(b)
In connection with the PNGPC Acquisition, PBFX assumed the current commercial transportation agreement between PNGPC and the Paulsboro refinery. Subsequent to the completion of the New Pipeline, PBF Holding will enter into a new transportation agreement with PBFX.
(c)
Reflects the overall capacity of the storage facility. The storage MVC is subject to effective operating capacity of each tank which can be impacted by routine tank maintenance and other factors.
(d)
The Chalmette Storage Agreement was entered into on February 15, 2017 but commences at the earlier of November 1, 2017 or the completion of the Chalmette Storage Tank construction (as defined below).
A summary of revenue and expense transactions with PBFX is as follows:
 
Three Months Ended March 31,
 
2017
 
2016
Revenues under affiliate agreements:
 
 
 
Services Agreement
$
1,618

 
$
1,122

Omnibus Agreement
1,654

 
844

Total expenses under affiliate agreements
56,202

 
36,549