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Notice of Open Season 207
OS207 - Short Term Firm Transportation Capacity

STATUS IS:
CLOSED

POSTED: 1/8/2015
TERM:1/8/2015
- 1/20/2015
1/22/2015: Post open season capacity may be available. Contact your marketing representative for more information.

1/23/2015: 30,000 Dth/d has been awarded.

NATIONAL FUEL GAS SUPPLY CORPORATION

OPEN SEASON - OS207 - UPDATED

SHORT-TERM FIRM TRANSPORTATION CAPACITY FROM TRANSCO-LEIDY to TGP-ROSE LAKE

National Fuel Gas Supply Corporation (“National Fuel”) is pleased to announce the commencement of an Open Season for firm transportation capacity available under National Fuel’s Firm Transportation (“FT”) rate schedule.  This capacity is available for the months of February and March 2015 as described below.

CAPACITY

135,000 Dth/day for February and March (Offer 1), plus an additional 15,000 Dth/day for February only (Offer 2).

OPEN SEASON SCHEDULE

This offering commences January 8, 2015 and concludes January 20, 2015 at 11:00 a.m. EST.

TERM

The capacity offered in this Open Season is available during the months of February and March 2015.

RATES

National Fuel's current FT maximum tariff rates shall apply to capacity requested and awarded in this Open Season.  Those rates are outlined in the table below:

 

Maximum Rate

FT Rate Component

$3.7805 per Dth/day

Reservation Charge (monthly, applied to contract MDTQ)

$0.0135 per Dth/day

Commodity Charge (daily, applied to Dth quantity transported)

$0.0014 per Dth/day

Applicable FERC ACA Commodity Surcharge, Rate Shown effective October 1, 2014 (daily, applied to Dth quantity transported)

$0.1378 per Dth

100% Load Factor Rate (Excluding surcharges and applicable Fuel & Company Use/LAUF)

1.10%*

Current Transportation Fuel & Company Use/LAUF*

 

*FUEL AND LOSS ALLOWANCES

Transportation Fuel and Company Use Retention and Transportation LAUF Retention (“Transportation Fuel/LAUF”), currently 1.10%, is subject to change under National’s GT&C Section 41 tariff sheets.

AVAILABLE PRIMARY RECEIPT POINT

Transco - Leidy  (7126)

AVAILABLE PRIMARY DELIVERY POINT

TGP - Rose Lake  (420527)

BID FORMAT AND AWARD PROCESS

During the Open Season period, National Fuel will accept requests for the available transportation service under National Fuel’s FT schedule only. Participation in this Open Season is non-binding for bidders and National Fuel.

Requests for rate discounts or discounts of Transportation Fuel/LAUF 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. Acceptable requests under Offers 1 and 2 will be ranked (and awarded) separately, and the best bid(s) determined for each Offer 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 PROCESS

All requests must be submitted using a Service Request Form (“SRF”).  Bidders may complete an SRF online or download the PDF version from the our website, or obtain one by contacting our Marketing Department at 716.857.7740.  If not submitted online, the completed form can be, mailed or faxed to the address listed below:

 

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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