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Notice of Open Season 158
OS158 - WINTER FIRM STORAGE AND TRANSPORTATION CAPACITY (under FSS/FST Rate Schedules)

STATUS IS:
CLOSED

POSTED: 10/15/2009
TERM:10/15/2009
- 10/23/2009
Contracts have been executed. No post-open season capacity is available.

OS158 REVISED – WINTER FIRM STORAGE AND TRANSPORTATION CAPACITY (under FSS/FST Rate Schedules)

 

OPEN SEASON DATES: 

Commencing October 15, 2009 and extending until 11:00 a.m. (Eastern time) on October 23, 2009

SERVICE TERM: 

November 15, 2009 through December 31, 2009

STORAGE CAPACITY480,000 dth*

FST TRANSPORTATION CAPACITY:  16,000 dth/d*

*Additional storage and transportation capacity may become available before the close of this open season. National Fuel Gas Supply Corporation will update this posting accordingly, up to 24 hours prior to the conclusion of OS158.  The quantities listed above represent the minimum available capacity for this open season. 

Note (10/22/09): No additional storage or transportation capacity will be offered in this open season.

STORAGE INJECTION AND WITHDRAWAL DELIVERY CHARACTERISTICS:


Injection Period

Inventory Level

Maximum Daily Injection

Nov. 15, 2009 to Dec. 31, 2009

0% - 100%

16,000 dth/d*

 

Withdrawal Period

Inventory Level

Maximum Daily Withdrawal

Nov. 15, 2009 to Dec. 31, 2009

100% - 0%

16,000 dth/d*

* Quantity may not be available to all points.  Please see Injection Point table below for more information.

 

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

 

Injection Points

PIPELINE

METER NAME

NUMBER

STATE

INJECTION

Maximum Daily Injection Quantity

Empire

Pendleton

012003020

NY

X

10,000 dth/d*

Dominion

RQ Points

20900

NY

X

10.000 dth/d*

TGP

Nashville

020243

NY

X

16,000 dth/d*

TGP

East Aurora

020077

NY

X

16,000 dth/d*

* Any combination of injection point quantities cannot exceed 16,000 dth/d.

Withdrawal Points

PIPELINE

METER NAME

NUMBER

STATE

WITHDRAWAL

TGP

Rose Lake

020527

PA

X

Equitrans

Three Rivers

TRP2688

PA

X

Millennium

Independence

2078

NY

X

NFGDC

Mineral Springs

NFDGC-MSMX

NY

X

TCO

Ellwood City

600065

PA

X

Transco

Leidy

7126

PA

X

Transco

Wharton

6325

PA

X

TETCO

Leidy

75977

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, 2009 and ending December 31, 2009. 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 National Fuel.

EXECUTION OF AGREEMENTS:

Successful bidder(s) will be expected to execute service agreements within 10 business days.

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 (BID158), 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

 

 


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