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Notice of Open Season 170
OS170 - Available Summer Firm Storage Service and Firm Storage Transportation (under FSS/FST Rate Schedules)

STATUS IS:
CLOSED

POSTED: 2/14/2011
TERM:2/14/2011
- 2/22/2011
No bids were received during this Open Season. Capacity remains available on a post open season basis. Please contact your marketing representative for more information.

Available Summer Firm Storage Service and Firm Storage Transportation (under FSS/FST Rate Schedules)

 

OPEN SEASON TIMEFRAME:
Commencing February 14, 2011 and extending until 4:00 p.m. (Eastern time) on February 22, 2011.

SERVICE TERM:
March 1, 2011 through August 31, 2011: Requests for service commencing later than March 1, 2011 will not be accepted.

CAPACITY:
1,000,000 Dth

INJECTION and DELIVERY CHARACTERISTICS:

Injection Capacity:

Withdrawal Capacity:

March 1, 2011 through March 31, 2011
1/30th of Maximum Storage Quantity

April 1, 2011 through August 31, 2011
1/30th of Maximum Storage Quantity

 

FST RECEIPT AND DELIVERY POINTS AVAILABLE:

PIPELINE

METER NAME

NUMBER

COUNTY

STATE

INJECTION

WITHDRAWAL

TransCanada

Niagara

010902

Niagara

NY

X

 

Dominion

Ellisburg Station

41202

Potter

PA

X

 

Empire

Pendleton

012003020

Niagara

NY

X

 

Equitrans

Three Rivers

TRP2688

Beaver

PA

 

X

TCO

Ellwood City

600065

Beaver

PA

 

X

Millennium

Independence

2078

Allegany

NY

X

X

 

 

ESNE 

NOR2702

Erie

PA

 

X

TGP

Rose Lake

020527

Potter

PA

 

X

Transco

Wharton

6325

Potter

PA

X

X

Transco

Leidy

7126

Clinton

PA

X

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:
National Fuel will evaluate bids reflecting a discount below the maximum rates for FSS storage service and FST transportation service provided that the bid exceeds the applicable Unit Rate Floor as described below. Discounted bids must be submitted on a bid sheet (BID170) as a requested combined unit rate for FSS storage service and (if applicable) FST transportation service. For the purposes of converting a unit rate bid into component rates, 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 National Fuel’s firm storage (NFSTOR).

National Fuel has predetermined a minimum acceptable Unit Rate Floor. National Fuel will reject any discount proposal below the applicable 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, FSS demand charges and FST reservation charges as derived above. All bids equal or greater than the Unit Rate Floor will be evaluated in a single ranking. The NPV calculation will incorporate length of contract term and will utilize an annual rate of 9.6% 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, the bid with the shortest term will be deemed the best bid. Subject to other conditions in this posting, a ratable allocation, based on quantities requested, shall be made among shippers that submit bids that are equal with respect to both NPV and term.

SERVICE AGREEMENTS:
Successful bidders should 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 Fuel’s web site, http://www.nationalfuelgas.com/, in the Supply Corporation section under Marketing News and Offers.

OPEN SEASON BID PROCESS:
All Open Season requests must be submitted on a Service Request Form. Complete the Service Request Form on-line or download the PDF version and include a Bid Sheet (BID170), both of which are available on our web site http://www.nationalfuelgas.com/) or by calling our Marketing Department @ 716.857.7740. The completed forms should be submitted online, via mail or fax as listed below:

National Fuel Gas Supply Corporation
6363 Main Street
Williamsville, NY 14221
FAX 716.857.7310

 

National Fuel Marketing Representatives:
Gen Dispenza – 716.857.6945

Terry Falsone - 716.857.7602

Joseph Kolis - 716.857.7520


 

 

 

Contact Our Marketing Department

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