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Sabal Trail Transmission, LLC
Not a critical notice
02:05:32 PM
08:00:00 AM
02:05:32 PM

No response required

STT Auction Notice of Gas Available for Sale

Notice Text:

STT Auction

Sabal Trail Transmission, LLC ("STT") will have up to 300,000 Dekatherms ("Dth") of natural gas available for sale to be delivered ratably beginning March 20, 2019 thru March 31, 2019 at its Transco's Hillabee location (meter number 96001). STT will receive bids up to the total quantity of 300,000 Dth from any party whose senior unsecured, non-credit enhanced debt (or the debt of its guarantor) has an investment-grade rating from S&P or Moody's, or who otherwise adequately demonstrates its creditworthiness to STT.

Bids are due by 8:00 a.m., Central Time on Tuesday, March 19, 2019, and shall be submitted to STT by email to Bid email should include daily volume and fixed price. To qualify as a valid bidder, a party must either already have a completed Base Contract for Sale and Purchase of Natural Gas ("Gas Sales Agreement") with STT or submit a signed copy of the version of the form available below on this website. The Gas Sales Agreement must be signed by a person authorized to bind the bidder, and any such signed agreement shall constitute an offer to purchase that may be accepted by STT by countersigning and returning such Gas Sales Agreement by email. STT will not accept any bid(s) that includes special provisions to the Gas Sales Agreement. Only fixed price bids will be accepted. STT will award the gas auction based on the highest fixed price bid(s).

This notice does not constitute an offer by STT to sell gas to any party. This notice does not constitute an agreement by STT to sell gas from any party. With respect to any and all bids submitted, STT reserves the right in its sole discretion and without disclosing the reasons therefore: (i) to reject or submit a counter offer; (ii) to postpone, cancel, or extend the dates involved in the process; (iii) to enter into negotiations with one or more bidders or third parties at any time; and (iv) to accept a bid without affecting the status of any other bid.

Download File: STT Base NAESB.doc

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