SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. V6Z 2N3 CANADA web site: http://www.bcuc.com IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and An Application by Pacific Northern Gas Ltd. for Approval of 2003/2004 Gas Supply Contracts BEFORE: L.F. Kelsey, Commissioner K.L. Hall, Commissioner O R D E R WHEREAS: A. On August 6, 2003 the Commission, by Letter No. L-39-03, accepted Pacific Northern Gas Ltd.’s (“PNG”) 2003/2004 Gas Contracting Plan and Price Risk Management Plan; and B. On September 15, 2004 PNG filed with the Commission for acceptance copies of GasEDI contracts and transactions forms completed with Terasen Gas Inc. (“TGI”), BP Canada Energy Company (“BP”) and Encana Gas Marketing (“Encana”), a Master Gas Purchase and Sale Agreement with Canadian Natural Resources Ltd. (“CNR”), a gas storage agreement with TGI and the CanWest Supply Inc. (“CanWest”) gas price letter agreement; and C. The Commission has reviewed the PNG filing and is satisfied that the gas supply contracts are appropriate and in the public interest. NOW THEREFORE pursuant to Section 71 of the Utilities Commission Act, the Commission accepts the following natural gas contracts and amendments for PNG: Term Company Location Volume (GJ/day) Nov03-Oct04 CanWest Stn2/Ft St John/Pink Mtn 24,300 Nov03-Mar04 Terasen (Aitken Creek Storage) Solex 5,000 Nov03-Mar04 EnCana Stn2 10,000 Nov03-Mar04 BP Canada Stn2 5,000 Dec03-Feb04 BP Canada Stn2 3,000 BRITISH COL UMBIA UTILITIES COM MISSION ORDER NUMBER E -4-04 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 October 28, 2004 Type of contract Transaction Date Gas Pricing Letter Sept 4, 2003 Gas Storage Agreement August, 2003 GasEDI contract with confirmation letter Aug 28, 2003 GasEDI contract with confirmation letter Sept 26, 2003 GasEDI contract with confirmation letter Oct 16, 2003 . . . /2
2 Dec03-Feb04 BP Canada Stn2 2,500 Dec03-Feb04 BP Canada Stn2 2,500 Apr04-Oct04 EnCana Stn2 2,500 Apr04-Oct04 CNR Stn2 2,500 Nov 03 Terasen Stn2 Mar 03 Terasen Stn2 Apr04-Oct04 Terasen Stn2 The Commission will hold the PNG application and the contract documents as confidential at this time. DATED at the City of Vancouver, in the Province of British Columbia, this 2nd day of November 2004. Orders/PNG_2003-04 Gas Supply Contracts BRITISH COLUMBIA UTILITIES COMMISSION ORDER NUMBER E-4-04 GasEDI contract with confirmation letter Oct 30, 2003 GasEDI contract with confirmation letter Nov 13, 2003 GasEDI contract with confirmation letter Oct 23, 2003 Master Gas Purchase and Sale Agreement and e-mail Oct 30, 2003 (5,000) GasEDI contract with confirmation letter Sept 30 2003 (5,000) GasEDI contract with confirmation letter Sept 30 2003 (8,000) GasEDI contract with confirmation letter Dec 30, 2003 BY ORDER Original signed by: L.F. Kelsey Commissioner
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