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Notice of Open Season 127
OS127 - Available Long Term Firm Capacity up to 500 Dth/day

STATUS IS:
CLOSED

POSTED: 12/8/2006
TERM:12/8/2006
- 12/15/2006
No bids were received during Open Season 127, and this capacity will be placed on the available capacity page

National Fuel Gas Supply Corporation         

           

Open Season - OS127

Available Long Term Firm Capacity up to 500 Dth/Day

National Fuel Gas Supply Corporation (National Fuel) is pleased to offer up to 500 Dth/day of Additional Capacity from Knox Station (App Zone 3 Gathering) to Overbeck commencing following the installation of horsepower upgrades within Knox Station (anticipated start-up April 1, 2007).   This project creates additional capacity on Line GM97 that can be used in conjunction with existing posted path capacity for Enhanced Firm Transportation service or FT service on FM100.   (Click here for Available Capacity posting)

This capacity is available long-term, and is available for a contract term commencing following the completion of the Knox Station upgrade.

 

Open Season Time Frame:   Commencing Friday, December 8, 2006 and extending until 11:00 a.m. (Eastern Time) on Friday, December 15, 2006.

 

Available Capacity:          500 Dth/Day

 

Term:   Commencing approximately April 1, 2007 or upon completion of facilities .  

 

RATE INFORMATION :

 

Listed below are current max rates for Firm Transportation (EFT) service:

Maximum Rate

EFT Rate Component

$3.5570 per Dth/day

Reservation Charge (monthly, applied to contract MDTQ)

$0.0069 per Dth

Commodity Charge (daily, applied to Dth quantity transported)

$0.0016 per Dth

FERC ACA Commodity Surcharge (daily, applied to Dth quantity transported)

2.0%

Fuel and Loss Retention (Delivered volumes are receipt volumes less 2% fuel and loss retention)

0.1238 per Dth

100% Load Factor Rate (excluding ACA surcharges)

 

 

Listed below are current max rates for Firm Transportation (FT) service:

Maximum Rate

FT Rate Component

$3.3612 per Dth/day

Reservation Charge (monthly, applied to contract MDTQ)

$0.0063 per Dth

Commodity Charge (daily, applied to Dth quantity transported)

$0.0016 per Dth

FERC ACA Commodity Surcharge (daily, applied to Dth quantity transported)

2.0%

Fuel and Loss Retention (Delivered volumes are receipt volumes less 2% fuel and loss retention)

0.1168 per Dth

100% Load Factor Rate (excluding ACA surcharges)

Real time measurement required for FT service

BID FORMAT AND AWARD PROCESS:

 

During the Open Season period, National Fuel will accept requests for the FT service for the capacity as indicated.   Requests for rate discounts or for discounts of fuel or loss retention will not be considered during this Open Season.   Shippers may request all or part of the available capacity.   All acceptable requests will be ranked and capacity awarded based on the highest net present value (NPV) of the reservation charge revenues, per unit of capacity (Dth/day) requested.   The NPV calculation will incorporate length of contract term and will utilize a monthly rate of 0.8% (9.6% annually) for discounting purposes.   In the event that more than one shipper submits requests that are equivalent in value and term, the available capacity shall be prorated to those shippers based on the quantities requested.

If it is necessary to prorate the capacity among successful bidders, service agreements will be sent to each successful bidder reflecting such proration.   These service agreements will provide for a range of quantities between the prorated quantities and the requested quantities.   The contract quantity will be within this range and will be determined by the capacity subscribed by all successful bidders under executed service agreements.

OPEN SEASON BID PROCESS:

All Open Season requests must be submitted on a Service Request Form (complete a Service Request Form online or download the PDF version , available on our web site ( http://www.nationalfuelgas.com/ ) or by calling our Marketing Department at 716.857.7740.   The completed form should be submitted online or via mail or fax as listed below:

National Fuel Gas Supply Corporation
6363 Main Street
Williamsville, NY 14203
PHONE: 716.857.7740
FAX 716.857.7310

National Fuel Marketing Representatives:

Joe Kolis 716.857.7520
Terry Falsone 716.857.7602
George Linder 716.857.7105

 

SERVICE AGREEMENTS:

Successful bidders will be required to execute and return service agreements within 10 business days after they are received. After service agreements are executed, the results of this Open Season will be posted on National's web site, http://www.nationalfuelgas.com, in the Supply Corp. section under Marketing News and Offers.

 

 

Contact Our Marketing Department

Return to Open Season Index

 

 


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