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Notice of Open Season 164
OS164 - Long Term Firm Transportation Capacity from TransCanada @ Niagara

STATUS IS:
CLOSED

POSTED: 6/11/2010
TERM:6/11/2010
- 6/29/2010
No bids were received in this open season. Capacity remains available on a post open season basis. Please contact your marketing representative for more information.

National Fuel Gas Supply Corporation               

OS164 – LONG TERM FIRM TRANSPORTATION CAPACITY from TRANSCANADA @ NIAGARA

CAPACITY:

National Fuel Gas Supply Corporation (“National Fuel”) is pleased to offer the following long-term firm transportation capacity from TransCanada @ Niagara:

OFFERING #1:  10,614 dth/d of long-term firm transportation capacity from Niagara to available Zone 1 and System points (FT-1/FT-1S), beginning November 1, 2010.

OFFERING #2:  57,589 dth/d of long-term firm transportation capacity from Niagara to Leidy (FT-3), beginning November 2, 2010*.

*9,189 dth/d of the total capacity in Offering #2 is available beginning November 1, 2010.

 

RECEIPT POINT:

Primary Receipt Point

Meter Number

TransCanada Pipelines - Niagara

010902


 
 
 

DELIVERY POINTS:

Primary Delivery Points (FT-1)

Meter Number

NFGDC – Pekin*

020326

NFGDC – Lewiston*

020092

NFGDC – Mineral Springs

NFGDC-MSMX

NFGDC – Vicksburg

NFGDC-VICK

NFGDC – Nash Road

NFGDC-NASH

Tennessee – East Aurora (Zone 5)

020077

Primary Delivery Point (FT-1S)

Meter Number

NFGDC – Zoar

NFGDC-Zoar

Primary Delivery Points (FT-3)

Meter Number

Transco – Leidy

7126

TETCO - Leidy

75977

* Delivery capacity to these points may be limited to a quantity less than 10,614 dth/d.

 

OPEN SEASON TIMEFRAME:
Open Season commences June 11th, 2010 and extends until 11:00am (ET) on June 29th, 2010.

 

BID FORMAT AND AWARD PROCESS:

During the Open Season period, National Fuel will accept requests for this transportation service under National Fuel’s FT rate schedule.  Requests for rate discounts will not be considered for bids from Niagara to Zone 1 points (FT-1) during this Open Season. Requests for rate discounts will be considered for bids from Niagara to System points (FT-1S) and Zone 3 delivery points (FT-3). 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 more than one shipper submits requests that are equivalent in value, the best bid shall be the bid with the shortest term.  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. Capacity under Offering #1 will be evaluated and awarded separately from Offering #2 capacity. 

National Fuel has predetermined a minimum acceptable Reservation Rate Floor for Niagara to System points (FT-1S) and Niagara to Zone 3 (FT-3) bids.  National Fuel will reject any discount below the Reservation Rate Floor.  National Fuel has not revealed the Reservation Rate Floor to any other person.

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 from NIAGARA TO ZONE 1 (FT-1):

FT-1 Rate Component

Maximum Rate

Reservation Charge

$2.2622 per Dth/day

Commodity Charge

$0.0001 per Dth

FERC ACA Commodity Surcharge

$0.0019 per Dth

Fuel and Company Use/LAUF

1.4%

100% Load Factor Rate

$0.0745 per Dth

 

Listed below are the current tariff rates for Firm Transportation service for NIAGARA TO SYSTEM POINTS (FT-1S):

FT-1S Rate Component

Maximum Rate

Reservation Charge

$5.6234 per Dth/day

Commodity Charge

$0.0064 per Dth

FERC ACA Commodity Surcharge

$0.0019 per Dth

Fuel and Company Use/LAUF

1.4%

100% Load Factor Rate

$0.1913 per Dth

 

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), and include a Bid Sheet (BID164), 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 forms 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:

Gen Dispenza – 716.857.6945
Terry Falsone – 716.857.7602
Joe Kolis – 716.857.7520

 

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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