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Notice of Open Season 217
OS217 - LONG TERM FIRM TRANSPORTATION (FT) CAPACITY FROM TRANSCO-LEIDY to TGP-ROSE LAKE

STATUS IS:
CLOSED

POSTED: 10/24/2016
TERM:10/25/2016
- 11/1/2016
11/1/2016 - No bids were received. Capacity remains available on a post Open Season basis, please contact your Marketing Representative for details.

National Fuel Gas Supply Corporation

OPEN SEASON – OS217

LONG TERM FIRM TRANSPORTATION (FT) CAPACITY FROM TRANSCO-LEIDY to TGP-ROSE LAKE

CAPACITY

National Fuel Gas Supply Corporation (“National”) is pleased to announce the commencement of an Open Season for new firm transportation service under National's Firm Transportation ("FT") rate schedule.

 

AVAILABLE CAPACITY: 

60,000 Dth/day from Transco Leidy (7126) to TGP Rose Lake (420527)

 

OPEN SEASON TIME FRAME: 

October 25, 2016 until 11:00 a.m. (Eastern Time) on November 1, 2016.

 

TERM: 

The capacity offered in this Open Season can commence as early as November 1, 2016. There is no minimum or maximum term requirement. 

RATE INFORMATION:

Bids will be accepted under National's FT rate schedule.

The current applicable maximum tariff rates under the FT Rate Schedule are listed in the table below:

 

Maximum Rate

FT Rate Component

$3.6293 per Dth/day

Reservation Charge (monthly, applied to contract MDTQ)

$0.0135 per Dth/day

Commodity Charge (daily, applied to Dth quantity transported)

$0.0013 per Dth/day

Applicable FERC ACA Commodity Surcharge (daily, applied to Dth quantity transported)

$0.1328 per Dth

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

1.11%

Refer to the “Fuel & Loss Allowances” section below

                    

FUEL AND LOSS ALLOWANCES:

National’s Transportation Fuel and Company Use Retention and Transportation LAUF Retention (“Transportation Fuel/LAUF”) will be retained on all transported quantities.  National’s Transportation Fuel/ LAUF is 1.11%, effective April 1, 2016, and will be subject to change pursuant to GT&C Section 41 of National’s FERC tariff.

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 will accept requests for this transportation service under National’s FT rate schedule. Participation in this Open Season is non-binding for bidders and National.

 

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. 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. 

SERVICE AGREEMENTS:

Successful bidders will be required to execute and return service agreements within 30 business days after they are received.

CREDIT REQUIREMENTS:

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

 

BID PROCESS:

All requests must be submitted using a Service Request Form (“SRF”).  Bidders may complete an SRF online, download the PDF version from the Forms section of 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

National 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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