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006951446
Algonquin Gas Transmission, LLC
Not a critical notice
11/28/2018
02:03:21 PM
02/26/2019
02:03:21 PM
79269
Initiate
Other
11/28/2018
02:03:21 PM


No response required


NOTICE OF AWARD OF FIRM CAPACITY


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Other
Notice of Award of Firm Capacity

November 28, 2018

Algonquin received a request for firm service under Rate Schedule AFT-1 for Maximum Daily Transportation Quantity ("MDTQ") of 50,000 Dth. The capacity has been awarded for a primary term beginning December 1, 2018 and ending November 30, 2019.

Pursuant to Section 2.5 of the General Terms and Conditions of Algonquin's FERC Gas Tariff, Algonquin held an open season for firm service under Rate Schedule AFT-1 from November 21, 2018 through November 28, 2018.

The open season stated that the capacity would be awarded to the bid generating the highest net present value. Net present value of $1,865,774 was determined based on the discounted cash flow of the revenues produced, lost or affected, based upon an annual interest rate of 4.96 %.

Based on the NPV calculation, the winning bid was awarded to UNIPER GLOBAL COMMODITIES NORTH AMERICA LLC for firm service under Rate Schedule AFT-1 for Maximum Daily Transportation Quantity ("MDTQ") of 50,000 Dth. The capacity has been awarded for a primary term beginning December 1, 2018 and ending November 30, 2019.


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