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006951446
Algonquin Gas Transmission, LLC
Not a critical notice
08/18/2020
02:00:00 PM
08/24/2020
02:00:00 PM
99620
Initiate
Other
08/18/2020
02:00:00 PM


No response required


NOTICE OF REQUEST FOR FIRM SERVICE/OPEN SEASON


Notice Text:

Other
NOTICE OF REQUEST FOR FIRM SERVICE/OPEN SEASON

August 18, 2020

Pursuant to Section 2.5 of the General Terms and Conditions of Algonquin's FERC Gas Tariff, Algonquin has received a request for firm service under Rate Schedule AFT-1. The requested firm capacity is available and will be awarded to the bid generating the highest net present value. Net present value for the requested capacity will be determined based on the discounted cash flow of the revenues produced, lost, or affected, based upon an annual interest rate of 3.43% or the net present value of any longer path.

The requested meter capacity is from meter 00201 (MDRO 10,000 Dth) to meter 00840 (MDDO 10,000 Dth); The term requested is to commence on November 1, 2020. This open season will commence on August 18, 2020 and end at 2:00 p.m. CT on August 24, 2020.

Any customer or potential customer that desires to submit a bid during this open season may do so by logging into the LINK system and clicking on Contracts/NPV/NPV Bidding and entering the Posting ID 1297. All bids should include Reservation Rate and term and must be submitted no later than 2:00 p.m. CT on August 24, 2020.

ALGONQUIN RESERVES THE RIGHT TO REJECT ALL BIDS WHICH ARE FOR LESS THAN THE MAXIMUM RESERVATION RATE ON FILE FOR SERVICE UNDER RATE SCHEDULE AFT-1 OR FOR ANY OF THE ADDITIONAL REASONS SET FORTH IN SECTION 2.5(c) OF THE GENERAL TERMS AND CONDITIONS OF ALGONQUIN'S FERC GAS TARIFF.


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