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Notice of Open Season 197
OPEN SEASON - OS197 LONG TERM FIRM STORAGE AND FIRM STORAGE TRANSPORTATION CAPACITY

STATUS IS:
CLOSED

POSTED: 8/28/2014
TERM:8/28/2014
- 9/5/2014
9/5/14: Bids are currently being reviewed

9/5/14: 747,890 Dth of 110 Day FSS has been awarded. A portion of capacity remains available on a post open season basis, please contact your Marketing Rep for details. Remaining OS 197 Capacity - MSQ of 119,020 Dth of 110 Day FSS & FST service.

 

National Fuel Gas Supply Corporation

OPEN SEASON - OS197

LONG TERM FIRM STORAGE AND FIRM STORAGE TRANSPORTATION CAPACITY

 

 National Fuel Gas Supply Corporation (“National”) is pleased to announce the availability of 866,910 Dth of firm storage service and associated firm transportation service under its Firm Storage Service (“FSS”) and Firm Storage Transportation (“FST”) Rate Schedules. 

 

OPEN SEASON TIMEFRAME

Commences Thursday, August 28, 2014 and expires at 3:00 pm (EST) on Friday, September 5, 2014.

 

 

TERM REQUIREMENTS

The Storage and Transportation Services would commence September 15, 2014 and continue through any subsequent March 31.  There is no minimum or maximum term requirement.

 

CAPACITY:

 

CAPACITY

MDIQ (Dth/d)

MDWQ (Dth/d)

866,910

5,100

7,881

 

INJECTION & DELIVERY CHARACTERISTICS:

 

FSS SERVICE

MAXIMUM STORAGE QUANTITY (MSQ) INVENTORY

INJ/WD Rights

   INJ/WD Quantities   (Dth/d)

Injection Period

April 1 - Oct 31

0%-79%                                    From greater than 79% to 100%

 

  1/170 of MSQ 

1/200 of MSQ

5,100

4,335

Withdrawal Period

Nov 1 - Mar 31

From greater than 30% to 100% From greater than 20% to 30% From greater than 10% to 20% From 0% to 10%

 

1/110 of MSQ

1/122 of MSQ

1/137 of MSQ

1/157 of MSQ

 

7,881

7,106

6,328

5,522

 

*National’s obligation to accept gas for injection during the Injection Season shall be limited to eighty-five percent (85%) of the MDIQ whenever Shipper’s Storage Balance is at or above eighty percent (80%) of its MSQ. 

 

RATE INFORMATION:

Bids will be accepted under National's FSS and FST rate schedules. The maximum tariff rates under the FSS and FST Rate Schedules are listed in the tables below.

 

 

Firm Storage Service (FSS):

 

Component

Maximum Tariff

Demand (monthly, applied to withdrawal deliverability)

$2.4826 per Dth/d

Capacity (monthly, applied to capacity)

$0.0381 per Dth

Injection/Withdrawal

$0.0391 per Dth

ACA Commodity Surcharge (injection and withdrawal)

$0.0012 per Dth

Surface Operating Allowance

0.79% on injection

0.79% on withdrawal

 

Firm Storage Transportation (FST):

 

Component

Maximum Tariff

Reservation (monthly, applied to MDWTQ)

$3.7805 per Dth/d

Commodity

$0.0135 per Dth

ACA Commodity Surcharge (applied to all transportation)

$0.0012 per Dth

Fuel and Loss Retention/LAUF

1.10% on injection

0% on withdrawal

1.10% on non-storage transport

 

 

FUEL and LOSS ALLOWANCE:

FSS: A total surface operating allowance of 1.58% shall be retained - 0.79% on injection and 0.79% on withdrawal.

 

FST: During withdrawal there shall be no fuel and loss retention/LAUF. During injection and non-storage transportation there shall be 1.10% fuel and loss retention/LAUF.

 

All Fuel and Loss Retention/LAUF rates are subject to change under National’s tracking mechanism at Section 41 of National’s FERC tariff.

 

AVAILABLE RECEIPT and DELIVERY POINTS:

 

Point Name

Meter Number

FST Injection Capacity (Dth/d)

FST Withdrawal Capacity (Dth/d)

TCPL Niagara

421079

5,100

 

TGP Clarence

420497

5,100

 

Empire Pendleton

012003020

5,100

 

APPALACHIAN PRODUCTION ZONE 2*

APPZN2

5,100

 

TGP Lamont

420072

5,100

 

DTI Ellisburg Station

41202

5,100

 

TGP Rose Lake

420527

 

5,100

 

NFGDC Island Run

NFGDC-IR

5,100

318

Kane Gas City Gate

PSN1301336

5,100

3,768

    

*Location dependent; not all AppZn2 receipt points are available. Please contact your marketing representative for more information.

 

BID FORMAT, BID RANKING, and CAPACITY AWARD:
Shippers may request all or part of the available capacity, and are allowed to revise their bids within the posting period.  Requests for rate discounts will not be considered in this open season. Bids 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.  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 and its bid is equal to the Storage Component of another bid or bids requesting 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 receives two or more bids of equal NPV per unit of storage capacity, a ratable capacity allocation shall be determined, subject to other conditions in this posting.  Bids that are prorated for any reason are considered to have been awarded at the reduced MSQ.

An NPV ranking will be established across all bids and capacity will then be awarded utilizing a highest-to-lowest NPV methodology. 

The FST receipt and FST delivery point capacities represented in the Available Receipt & Delivery Point Table reflect the total capacity available based on the 110 Day Character of Service.   Each awarded bid may reduce the amount of remaining FST receipt or FST delivery point capacity available for subsequent awards.  Should this occur, National and bidder reserve the right to mutually agree to alternative primary FST points and/or a prorated amount of storage capacity.

CREDIT REQUIREMENTS:

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

 

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. 

 

BID DOCUMENTS:

All Open Season requests must be submitted using a Service Request Form either by completing a Service Request Form online, or by downloading the PDF version from our website and submitting the completed form by mail or fax to:

 

National Fuel Gas Supply Corporation

6363 Main Street

Williamsville, NY 14221

PHONE: 716.857.7740

FAX: 716.857.7310

 

NFGSC  Marketing Representatives:

 

Terry Falsone – 716.857.7602

Joe Kolis – 716.857.7520

Anthony Limina - 716.857.7924

 

 

 

 

 

 

 

 

Contact Our Marketing Department

Return to Open Season Index

 

 

 


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