Refined Products and Crude
Difference between Tolling Agreement and a Purchase Agreement
Tolling Agreements:
- Customer retains ownership of product
- Â鶹ÊÓƵ processes transmix for a set fee per gallon
- Processing time is less than 45 days
- Finished products are allocated at Fractionator location
- Customer has option of re-consigning product
- Product price risks are retained by Customer
Purchasing Agreements:
- Customer sells the product to Â鶹ÊÓƵ
- Â鶹ÊÓƵ purchases transmix for a set discount per gallon to index
- Product price risks are assumed by Â鶹ÊÓƵ
Transmix Processing Services
Whether you have a mix-load trailer or need monthly transmix processing services, Â鶹ÊÓƵ can meet your needs.
Use the links below for additional information or key documents.
Contact: Email transmix@oneok.com with any questions.