MGT Notice 4320

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Informational Postings

TSP Name: Midwestern Gas Transmission Company

TSP: 00-679-2451

Subject: Open season for available capacity

Notice Type: Other

Critical: No

Post Date/Time: 1/27/2021 7:55:58 AM

Notice Eff Date/Time: 1/27/2021 7:55:58 AM

Notice End Date/Time: 2/27/2021 12:00:00 AM

Notice ID: 4320

Notice Stat Desc: Initiate

Prior Notice: 4320

Reqrd Rsp Desc: No response required

Rsp Date/Time:

Notice Text

As a result of contract terminations, Midwestern has the following firm capacity pursuant to Rate Schedule FT-A, Firm Transportation Service available for service to begin effective October 1, 2021.  This capacity will be available for partial path, south to north transportation service for the terms described below:

Rate Schedule:  FT-A
Available Maximum Daily Quantity:  140,000 Dth/d available as of October 1, 2021.
Receipt Point:  Scotland REX
Delivery Point:  Any delivery point north of Scotland REX with available capacity
Reservation Rate:  Maximum Tariff Reservation Rate
ROFR:  Yes

Other Conditions:  In addition to the reservation rate set forth above, shipper shall also be subject to any other applicable surcharges, penalties, or other charges due to Midwestern under the terms specified in its FERC Gas Tariff (Tariff). 

The capacity described above will be subject to an open bidding process.  Bids for the firm capacity will be accepted beginning at 8:00 a.m. CCT, Monday, February 1, 2021 and ending at 5:00 p.m. CCT, Friday, February 5, 2021.  Midwestern has an online bid form for submitting bids and will not accept bids via email.  Please go to the following website: https://www.oneok.com/mgt/informational-postings/customer-activities/bid-form; select "Open Season Bid" from the Bid Type's drop-down menu.  Complete each of the fields (all fields are required with the exception of "Other Bid Comments.")

All shippers requesting transportation service under Rate Schedule FT-A must provide the information required pursuant to the Midwestern FERC Gas Tariff, Section 25 of the General Terms and Conditions (GT&C).  Midwestern reserves the right to consider discounted bids and negotiated rate bids, but it shall not be obligated to accept rates at less than the maximum tariff reservation rate.  If Midwestern determines that the firm capacity is available to satisfy a request and the potential shipper has complied with all provisions of Section 25 of the GT&C and any other applicable tariff provisions, then Midwestern shall notify the shipper in writing of its acceptance of the request for service.

All bids will be evaluated on a net present value (NPV) basis pursuant to Midwestern's GT&C Subsections 25.6 (a), (b) and (c) using the NPV formula shown in Midwestern's GT&C Subsection 21.10.  In the event of equal bids on the basis of the NPV calculation, capacity will be awarded on a pro rata basis.  Shipper shall be required to indicate in its bid whether it is willing to accept a lesser quantity in the event such capacity is awarded on a pro rata basis due to equal bids.

Within 24 hours (one business day) of the conclusion of this open season Midwestern will post whether bids have been received, the NPV analysis for the highest bid received and the shippers' bids.

Questions concerning this posting may be directed to any member of the IPL Marketing group at:
IPLMarketing@oneok.com
Glen Richars: (918) 591-5171
Ted Willimon: (918) 588-7763
Taylor Kyle: (918) 732-1433