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Notice of Open Season 171
Firm Long-Term Transportation Capacity from the Millennium Pipeline at Independence to Transco at Leidy

STATUS IS:
CLOSED

POSTED: 3/2/2011
TERM:3/2/2011
- 3/16/2011
Capacity has been awarded to the successful bidder. Interim capacity remains available. Contact your marketing representative for more information.

National Fuel Gas Supply Corporation          

           

OPEN SEASON - OS171

 

Firm Long-Term Transportation Capacity from the Millennium Pipeline at Independence to Transco at Leidy

 

National Fuel Gas Supply Corporation (“National Fuel”) is pleased to announce the commencement of an Open Season for firm transportation capacity from our existing interconnect with Millennium Pipeline at Independence to our existing interconnect with Transco at Leidy, Pennsylvania. This path will allow production and other gas supply along the Millennium Pipeline corridor to reach end-user markets in the Northeast and mid-Atlantic.

 

CAPACITY:

Up to 40,000 Dth/day of firm transportation capacity will be available under National Fuel’s Firm Transportation (“FT”) rate schedule from Millennium at Independence delivered to Transco at Leidy. 

 

PROJECT FACILITIES:

None required. 

 

RECEIPT POINTS:

Firm receipt point of Millennium at Independence. 

 

DELIVERY POINTS:

Firm delivery point of Transco at Leidy. 

 

 

MAP:

 

OPEN SEASON TIME FRAME:

This Open Season commences March 2, 2011 and will extend until 11:00 a.m. (Eastern Time) on March 16, 2011.

 

Participation in this Open Season is non-binding for bidders and National Fuel. 

 

 

COMMENCEMENT OF SERVICE: 

Available April 1, 2011. 

 

 

TERM:

Capacity is available on a long-term, year-round basis.

 

RATE INFORMATION:

Listed below are tariff FT rates applicable to the transportation service being offered in this Open Season:

 

Maximum Tariff Rate

FT Rate Component

$3.3612 per Dth/day

Reservation Charge (monthly, applied to contract MDTQ)

$0.0063 per Dth

Commodity Charge (daily, applied to Dth quantity transported)

$0.0019 per Dth

FERC ACA Surcharge

1.4%

Fuel and Company Use/LAUF

$0.1168/dth

100% Load Factor Rate (excl. surcharges)

 

•  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)

 

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 as outlined above. 

 

Requests for rate discounts will not 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.

 

Shippers may request all or a part of the available capacity and are allowed to revise their bids within the posting period.

 

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. 

 

 

CREDIT REQUIREMENTS:

Shippers will be required to demonstrate creditworthiness or provide a credit alternative acceptable to National Fuel.

 

OPEN SEASON BID PROCESS:

All Open Season requests must be submitted on a Service Request Form.  The completed form may be submitted online or via mail or fax.

 

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

 

 

 

EXECUTION OF AGREEMENTS:

Successful bidders will be required to execute and return the service agreements resulting from this Open Season within 20 business days of receipt. 

 

After agreements are executed, the results of this Open Season will be posted on National Fuel's web site, http://www.nationalfuelgas.com/supply, under Marketing News and Offers.

Contact Our Marketing Department

Return to Open Season Index

 

 


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