MGT Notice 4323

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Informational Postings

TSP Name: Midwestern Gas Transmission Company

TSP: 00-679-2451

Subject: MGT open season results

Notice Type: Other

Critical: No

Post Date/Time: 2/8/2021 9:24:56 AM

Notice Eff Date/Time: 2/8/2021 9:24:56 AM

Notice End Date/Time: 3/8/2021 12:00:00 AM

Notice ID: 4323

Notice Stat Desc: Initiate

Prior Notice: 4323

Reqrd Rsp Desc: No response required

Rsp Date/Time:

Notice Text

On January 27, 2021, Midwestern Gas Transmission Company (Midwestern) initiated Open Season ID 4320 for available firm capacity under Rate Schedule FT-A, Firm Transportation Service.  Bid period ended at 5:00 CCT, February 5, 2021.
Midwestern received bids pursuant to this Open Season and performed a Net Present Value (NPV) analysis in accordance with Midwestern's FERC Gas Tariff General Terms and Conditions Subsections 25.6 (a), (b) and (c).  The following bids were received in the Open Season:
Winning bid:
140,000 Dth/d @ max monthly rate 1.9223. 50,000 Dth for 121 months and 90,000 Dth for 30 months. Total NPV $16,820,125.
Other bids received:
50,000 Dth/d @ max monthly rate 1.9223 for 138 months. Total NPV $13,263,870.
80,000 Dth/d @ max monthly rate 1.9223. 50,000 Dth for 102 months and 30,000 Dth for 30 months. Total NPV $11,533,800.
50,000 Dth/d @ max monthly rate 1.9223. 25,000 Dth for 79 months and 25,000 Dth for 151 months. Total NPV $11,053,225.
20,000 Dth/d @ max monthly rate 1.9223 for 120 months. Total NPV $4,613,520.
50,000 Dth/d @ max monthly rate 1.9223 for 42 months. Total NPV $4,036,830.
50,000 Dth/d @ negotiated monthly rate 1.916 for 37 months. Total NPV $3,544,600.
50,000 Dth/d @ discounted monthly rate 1.59 for 37 months. Total NPV $2,941,500.
30,000 Dth/d @ max monthly rate 1.9223 for 36 months. Total NPV $2,076,084.
20,000 Dth/d @ max monthly rte 1.9223 for 49 months. Total NPV $1,883,854.

Please contact a Midwestern Representative with any questions.