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Notice of Open Season 147
OS147 - Long-term Firm Transportation Capacity from TransCanada @ Niagara

STATUS IS:
CLOSED

POSTED: 10/9/2008
TERM:10/9/2008
- 10/17/2008
Capacity has been awarded to the successful bidder. Contract pending. Post Open Season capacity is available. Contact your Marketing Representative for details.

National Fuel Gas Supply Corporation                    

OS-147  LONG-TERM FIRM TRANSPORTATION CAPACITY from TRANSCANADA at NIAGARA 

CAPACITY

24,445 Dth/Day available April 1, 2009.

AVAILABLE RECEIPT POINTS


Primary Receipt Point

Meter Number

TransCanada Pipelines - Niagara

010902

AVAILABLE DELIVERY POINTS

Primary Delivery Point

Meter Number

Service

NFGDC – Pekin

020326

FT-1

NFGDC – Lewiston

020092

FT-1

NFGDC – Mineral Springs

NFGDC-MSMX FT-1

NFGDC – Vicksburg

NFGDC-VICK

FT-1

NFGDC – Nash Road

NFGDC-NASH

FT-1

TGP – E Aurora (Zone 5)

020077

FT-1

OPEN SEASON TIMEFRAME

Commencing October 9, 2008 and extending until 3:00 p.m. (Eastern Time) on October 17, 2008.

BID FORMAT AND AWARD PROCESS

During the Open Season period, National will accept requests for this transportation service to commence April 1, 2009.  Requests for rate discounts will not be accepted.  No requests for discounts of fuel and loss retention will be accepted.  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% for discounting purposes.    In the event that multiple shippers submit 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

Current maximum tariff rates under the FT Rate Schedule for firm transportation service -  from Niagara to Zone 1 (FT-1):

Maximum Rate

FT-1

Monthly Reservation Charge

$2.2622 /Dth/d

Commodity Charge

$0.0001 /Dth

FERC ACA Surcharge

$0.0017 /Dth

Fuel Loss and Company Use/LAUF

1.4%

100% Load Factor Rate (excl. surcharges)

$0.0745 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 Loss and Company Use (Delivered volumes are receipt volumes less 1.4% fuel and company use and transportation LAUF retention)
  • 100% Load Factor Rate (excluding ACA surcharges)

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

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