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Notice of Open Season 138
LONG-TERM FIRM TRANSPORTATION CAPACITY from TRANSCANADA @ NIAGARA to LEIDY

STATUS IS:
CLOSED

POSTED: 1/14/2008
TERM:1/14/2008
- 1/24/2008
No bids were received in this Open Season. Post Open Season capacity is available. Contact your Marketing Representative for details.

National Fuel Gas Supply Corporation     

OS138 LONG-TERM FIRM TRANSPORTATION CAPACITY from TRANSCANADA @ NIAGARA to LEIDY

CAPACITY:

 

National Fuel Gas Supply Corporation (“National Fuel”) is pleased to offer long-term firm transportation capacity from Niagara to Leidy beginning as early as November 1, 2008.

 

 

RECEIPT POINT:

 

Primary Receipt Point

Meter
Number

Available
November 1, 2008

TransCanada Pipelines - Niagara

010902

9,189 Dth/Day

   

 

DELIVERY POINT:

 

Primary Delivery Point (FT-3)

Meter
Number

Available
November 1, 2008

Transco – Leidy

7126

Up to 9,189 Dth/Day

TETCO - Leidy

75977

Up to 9,189 Dth/Day

 

 

OPEN SEASON TIMEFRAME:

Commences January 14, 2008 and extends until 11:00 a.m. (EST) on January 24, 2008.

 

 

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.

 

 

 

RATE INFORMATION:

 

Listed below are the current tariff rates for Firm Transportation Service for NIAGARA TO ZONE 3 (FT-3):

 

FT-3 Rate Component

Maximum Rate

Reservation Charge

$6.1038 per Dth/day

Commodity Charge

$0.0013 per Dth

FERC ACA Commodity Surcharge

$0.0019 per Dth

Fuel and Company Use/LAUF

1.4%

100% Load Factor Rate

$0.2020 per Dth

 

•  Reservation Charge (monthly, applied to contract MDTQ)

 

•  Commodity Charge (daily, applied to Dth quantity transported)

 

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

 

•  Fuel and Company Use/LAUF (delivered volumes are receipt volumes less 1.4% Fuel and Company Use/Transportation LAUF retentions)

 

•  100% Load Factor Rate (excludes ACA surcharge and fuel)

 

 

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 ), which is 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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