TransGas Limited (TransGas) hereby announces a Binding Open Season for Summer Use Firm Storage Service. This Binding Open Season and is being conducted pursuant to the terms and conditions contained within the TransGas Comprehensive Tariff and the terms and conditions set out herein. The terms and conditions that apply to the Service resulting from the Open Season are set out herein and in the Bid Form.
This Service will be contracted as a TransGas S-40.0 Summer Use Service, with additional conditions as required to reflect the terms and conditions outlined.
Interested Customers are invited to complete the Bid Form. The requests received will be evaluated and awarded based on the following:
- If oversubscribed, bids will be allocated on a prorated basis.
- TransGas will evaluate the Binding Open Season Bid Forms until such time that the available capacity in the Open Season has been awarded. If, at any point in time during the evaluation process, circumstances are such that a Customer’s minimum acceptable capacity exceeds available capacity, there will be no further evaluation of the submitted Bid Form.
Following the close of the Binding Open Season, TransGas will evaluate the Bid Forms received, allocate the service quantities and contact all submitting parties regarding the amount of Service awarded to them through the Binding Open Season.
Bid Forms must be submitted by 4:00 p.m. Saskatchewan time on March 24, 2023.
After the Open Season closes and capacity has been awarded, remaining Summer Use Storage capacity will be available as S-49.0 Summer Use Interruptible Service on a first come, first served basis, with declining amounts available as the season progresses, upon TransGas’ discretion.
The minimum acceptable bid for Biddable Injection Service, and the cost of Excess Injection Service for the 2023 summer storage season is forecasted to be ~$0.08 / GJ.
If you have any questions or would like to discuss the implications of this Binding Open Season offering for your natural gas transportation and storage portfolio, please contact TransGas at: