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Notice of Open Season 194
Firm Long Term Transportation Capacity From Appalachian Zone 2 to Various Delivery Points

STATUS IS:
CLOSED

POSTED: 3/24/2014
TERM:3/24/2014
- 3/31/2014
3/31/2014: Capacity is available on a post open season basis. Please contact your marketing rep for details.

National Fuel Gas Supply Corporation          

           

OPEN SEASON - OS194

 

Firm Long Term Transportation Capacity

From Appalachian Zone 2 to Various Delivery Points

 

National Fuel Gas Supply Corporation (“National Fuel”) is pleased to announce the commencement of an Open Season for transportation capacity from Appalachian Zone 2 to NFGDC - IR, Transco - Leidy , Transco - Wharton and TGP 300 - Lamont.

 

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

 

CAPACITY:

1,101 Dth/day of firm transportation capacity will be available under National Fuel’s Firm Transportation (“FT”) rate schedule.

RECEIPT POINTS:

 

Point Name

Meter Number

Appalachian Zone 2*

APPZN2

 

* This service requires real time measurement, communication and control. Not all Appalachian Zone 2 points are available. Please contact your marketing representative for more information.

 

DELIVERY POINTS:

 

Point Name

Meter Number

National Fuel Gas Distribution - Island Run

NFGDC - IR

Transco - Leidy

7126

Transco - Wharton

6325

TGP 300 - Lamont

420072

 

OPEN SEASON TIME FRAME:

This Open Season Commences March 24, 2014 and will extend until 4:00 p.m. (Eastern Time) on March 31, 2014.

 

COMMENCEMENT OF SERVICE: 

May 1, 2014

 

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

$3.7805 per Dth/day

Reservation Charge (monthly, applied to contract MDTQ)

$0.0135 per Dth

Commodity Charge (daily, applied to Dth quantity transported)

$0.0012 per Dth

FERC ACA Surcharge

0.54%

Fuel and Company Use/LAUF (see below)

$0.1378/dth

100% Load Factor Rate (excl. surcharges)

 

FUEL and LOSS ALLOWANCES:

 

Transportation Fuel and Company Use Retention and Transportation LAUF Retention  will be established and subject to change under the tracking mechanism guidelines in National’s GT&C Section 41 tariff sheets. 

 

National’s current transportation allowances are as follows:

 

Transportation Fuel and Company Use Retention and Transportation LAUF Retention (collectively “Transportation Fuel/LAUF”) LAUF  is 0.54%; effective April 1, 2014 is expected to be 1.10%.

 

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 or discounts of fuel and loss retention will not be accepted. Shippers may request all or part of the available capacity, and are allowed to revise their bids within the posting period.  All acceptable requests will be ranked and the best bid(s) determined 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% (9.6% annually) 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. 

 

 

CREDIT REQUIREMENTS:

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

BID DOCUMENTS:

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 forms 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:

 

Anthony Limina – 716.857.7924
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 30 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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