Go to the National Fuel Gas homepage
Building on 100 Years...Delivering Energy
     

Click here to go to the Supply home page
Notice of Open Season 132
OS132 - 300,000 dth OF WINTER FIRM STORAGE AND TRANSPORTATION CAPACITY (under FSS/FST Rate Schedules)

STATUS IS:
CLOSED

POSTED: 10/19/2007
TERM:10/19/2007
- 10/26/2007
All capacity has been awarded to successful bidder. Contract has been executed.

National Fuel Supply Corporation

 

OS132 300,000 dth OF WINTER FIRM STORAGE AND TRANSPORTATION CAPACITY (under FSS/FST Rate Schedules)

 


OPEN SEASON DATES:
Commencing October 19, 2007 and extending until 11:00 a.m. (Eastern time) on October 26, 2007

SERVICE TERM:
November 15, 2007 through December 31, 2007

CAPACITY:
300,000 Dth

FST TRANSPORTATION CAPACITY:
20,000 Dth/Day

STORAGE INJECTION AND WITHDRAWAL DELIVERY CHARACTERISTICS:

Injection Cycle

Injection Period

Inventory Level

Maximum Daily Injection

Nov. 15, 2007 to Dec. 31, 2007

0% - 100%

20,000 Dth/Day


Withdrawal Cycle

Withdrawal Period

Inventory Level

Maximum Daily Withdrawal

Nov. 15, 2007 to Dec. 31, 2007

100% - 0%

20,000 Dth/Day

 

AVAILABLE FIRM STORAGE TRANSPORTATION (FST) RECEIPT AND DELIVERY POINTS:

PIPELINE

METER NAME

NUMBER

COUNTY

STATE

INJECTION

WITHDRAWAL

TCPL

Niagara

010902

Niagara

NY

 

X

TGP

Rose Lake

020527

Potter

PA

X

X

TGP

East Aurora

020077

Erie

NY

 

X

Dominion

Ellisburg

41202

Potter

PA

X

X

NFGDC

NY-MSW

NFDGC-MSW

Erie

NY

 

X

Transco

Leidy

7126

Clinton

PA

X

 

Transco

Wharton

6325

Potter

PA

X

 

 


FUEL and LOSS ALLOWANCE:

FSS: A total surface operating allowance and Lost and Unaccounted For (LAUF) of 2.8% shall be retained during injection and withdrawal (1.4% on injection and 1.4% on withdrawal).

 

FST: During withdrawal there shall be no fuel and company use /LAUF retention. During injection and non-storage transportation there shall 1.4% fuel and company use /LAUF retention.

BID FORMAT & DISCOUNT INFORMATION:
In this open season, National Fuel will accept bids reflecting a discount below the maximum tariff rates for FSS storage service and FST transportation service provided that each bid must exceed the applicable Unit Rate Floor as described below and the shipper must request service for a term commencing November 15, 2007 and ending December 31, 2007. Discounted bids must be submitted on the attached bid form as a requested combined unit rate for FSS storage service and (if applicable) FST transportation service. To convert the unit rate of the successful bidder(s) into rate components for contract and billing purposes, National Fuel will first discount the FSS injection and withdrawal charges, followed by the FST reservation charge (where FST service is requested) then the FSS capacity charge, then the FSS demand charge. Any discount to the FST rate will be limited to transportation of gas to and from firm National Fuel storage.

UNIT RATE FLOOR:

•  National Fuel has established a minimum acceptable Unit Rate Floor and National Fuel will reject any discount below the Unit Rate Floor.

•  National Fuel has not revealed the Unit Rate Floor to any person outside the company.

RANKING BIDS & AWARDING CAPACITY:

For the purposes of allocating the available FSS capacity and the associated FST capacity, shippers will be ranked according to the net present value (NPV), per unit of storage capacity, of the sums of the FSS capacity charges, the FSS demand charges and the FST reservation charge, as derived above. The NPV calculation will incorporate length of contract term and will utilize monthly rate of 0.8% for discounting. The "Storage Component" of a bid shall be the NPV, per unit of storage capacity, of the FSS capacity charge and FSS demand charge. In the event that a customer bids for FSS service only (no FST) and its bid is equal to the Storage Component of another bid or bids for both FSS and FST service ("Comparable Combined Service Bid"), the FSS only bid shall be considered equal in value to the Comparable Combined Service Bid with the highest value. In the event that National Fuel receives two or more bids of equal NPV, per unit of storage capacity, a ratable allocation, based on quantities requested and subject to the other conditions in this posting, shall be made among the shippers that submitted those bids.

CREDIT REQUIREMENTS:

Shippers will be required to demonstrate creditworthiness or provide a credit alternative acceptable to Nation Fuel.

EXECUTION OF AGREEMENTS:

 

Successful bidder(s) will be expected to execute service agreements in an expeditious manner.

 

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 , and include a Bid Sheet ( BID132 ), both of which are 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 14221
PHONE: 716.857.7740
FAX 716.857.7310

National Fuel Marketing Representatives:

Terry Falsone 716.857.7602 Joe Kolis 716.857.7520
George Linder 716.857.7105

 

The results of this Open Season will be posted on National Fuel'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

 

 


Privacy Policy
| Terms and Conditions| Disclosures Regarding Forward-Looking Statements | Home

© 1996- National Fuel Gas Company