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080151107
NEXUS Gas Transmission, LLC (U.S.)
Not a critical notice
09/03/2020
02:11:38 PM
12/02/2020
02:11:38 PM
100208
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09/03/2020
02:11:38 PM


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NOTICE OF AWARD OF FIRM CAPACITY


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Other
Notice of Award of Firm Capacity

September 3, 2020

NEXUS Gas Transmission, LLC received a request for firm service under Rate Schedule FT-1 from Zone SZ to Zone M2; the Maximum Daily Quantity ("MDQ") is 25,000 Dth. The capacity has been awarded for a primary term beginning November 1, 2020 and ending October 31, 2021.

Pursuant to Section 3.4 of the General Terms and Conditions of NEXUS Gas Transmission, LLC's FERC Gas Tariff, NEXUS Gas Transmission, LLC held an open season for firm service under Rate Schedule FT-1 from September 1, 2020 through September 3, 2020.

The open season stated that the capacity would be awarded to the bid generating the highest net present value. Net present value was determined based on the discounted cash flow of the revenues produced, lost or affected, based upon an annual interest rate of 3.43 percent.

Based on the NPV calculation, the winning bid was awarded to VITOL INC. for firm service under Rate Schedule FT-1 from Zone SZ to Zone M2; the Maximum Daily Quantity ("MDQ") is 25,000 Dth. The capacity has been awarded for a primary term beginning November 1, 2020 and ending October 31, 2021.


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