TSP Name: Northwest Pipeline LLC TSP: 67977322
Critical: N
Notice Stat Desc: INITIATE
Notice Type Desc: TSP CAPACITY OFFERING
Post D/T: 07/08/2022 1:52 PM MCT
Notice Eff D/T: 07/08/2022 1:52 PM MCT
Notice End D/T:
Reqrd Rsp Desc: No response required
Rsp D/T:
Notice ID: 22-090
Prior Notice: 22-090
Subject: Soliciting Rate Schedule DEX-1 Bids
Notice Text:
TO: ALL SHIPPERS
SUBJECT: SOLICITING BIDS FOR DEFERRED EXCHANGE OF STORAGE GAS
To improve system flexibility, Northwest is currently soliciting email bids for a Deferred Exchange of Storage Gas.
The Deferred Exchange of Storage Gas will consist of an in-ground transfer of the Deferred Exchange Quantity from Shipper to Northwest at Clay Basin on the Transfer Date of July 9, 2022.
Northwest will then make the Deferred Exchange Quantity available at the Jackson Prairie Storage facility by performing an in-ground transfer or by making the Daily Delivery Quantity available during the Deferred Exchange Period. Fuel reimbursement of 1.01% will be required as per Section 4 of Rate Schedule DEX-1, but Shippers may indicate in their bid to have Northwest waive the fuel reimbursement requirement.
Per Northwest's tariff, Shippers wishing to participate in this Deferred Exchange of Storage Gas must have storage capacity at the Clay Basin facility and an executed agreement under Rate Schedule DEX-1.
Northwest hereby gives notice of the desire to provide Rate Schedule DEX-1 service by posting the following information:
(a) Target Storage Facility: Clay Basin (b) Deferred Exchange Quantity: Up to 275,000 Dth (c) Transfer Date: 07/09/2022 (d) Deferred Exchange Facility: Jackson Prairie (e) Deferred Exchange Period: 11/01/2022 – 03/31/2023 (f) Daily Delivery Quantity: Up to 275,000 Dth transferred in-ground from Northwest’s storage account to Shippers storage account at the Jackson Prairie facility or, Northwest will make up to 5,000 Dth/d available on a daily basis at the Jackson Prairie Receipt point provided the entire quantity is removed prior to March 31, 2022. Please refer to Rate Schedule Sheet No. 115 in Northwest's Tariff for information regarding Rate Schedule DEX-1.
All bids for this capacity will need to be submitted by email. Northwest will begin accepting bids on Friday, July 08, 2022 at 2:00 p.m. MCT. The bid period will close at 2:00 p.m. MCT on July 09, 2022. Submit email bids to Michael Ledford at Michael.a.ledford@williams.com, please call Northwest’s Commercial Services hotline at (713) 215-6301 for assistance with this process.
Bid evaluation Procedure:
1. Only bids from credit-worthy shippers received by the Bid Close Date/Time will be considered as valid bids.
2. Northwest shall determine the winning bid. Each bid will be evaluated based on the economic value of the exchange. The following Present Value calculation will be utilized for each bid:(Deferred Exchange Quantity x Deferred Exchange Rate). Northwest will award the exchange based on the highest Present Value. In case of a tie, Northwest will allocate the capacity on a pro-rata basis.
If you have any questions, please call your Commercial Services Representative or the Hotline at (713) 215-6301.
EMAIL BID FORM
_________________ (Date)
____________________________ (Company Name) ____________________________ (Company Address) ____________________________ (City, State, Zip)
VIA EMAIL – Michael.a.ledford@williams.com
Northwest Pipeline LLC Attn: Michael Ledford
Re: Bid for Deferred Exchange of Storage Gas
Service Type: Deferred Exchange of storage Gas DEX-1
Target Storage Facility: Clay Basin
Deferred Exchange Quantity Must be Transferred to Northwest Account by 07/09/2022
Deferred Exchange Facility: Jackson Prairie
Deferred Exchange Period: 11/01/2022 – 03/31/2023
Daily Delivery Quantity: Up to 275,000 transferred or 5,000 Dth/d delivered
Desired Deferred Exchange Quantity_________________(up to 275,000 Dth)
Desired Deferred Exchange Rate: $________________________ / dth.
Fuel Reimbursement _______ Included ________ Excluded
Identity of any affiliate of Northwest involved in Shipper’s transaction: Indicate “None” or “Name the Affiliate”: ________________________________
Northwest’s acceptance of shipper’s bid for Deferred Exchange of Storage Gas will constitute a binding agreement between Northwest and Shipper. Shipper agrees to electronically execute a service agreement on Northwest’s Electronic Bulletin Board, which confirms the terms of the accepted transaction if Shipper's bid is awarded.
Shipper agrees to and understands the Terms and Conditions stated in this posting. Shipper also understands the manual Bid, Evaluation and Award Procedures outlined in this posting.
Shipper’s Name: __________________________ Shipper’s Phone #: __________________________ Shipper’s Email: __________________________
______________________________ (Signature) ______________________________ (Title)
|