IN THE MATTER OF
the Utilities Commission Act, R.S.B.C. 1996, Chapter 473
and
An Application by Pacific Northern Gas Ltd.
for 2010/2011 Natural Gas Supply Contracts
BEFORE: L.F. Kelsey, Commissioner
D.A. Cote, Commissioner November 18, 2010
O R D E R
WHEREAS:
A. The British Columbia Utilities Commission (the Commission) accepted the 2010/2011 Pacific Northern Gas Ltd. (PNG) Annual Gas Contracting Plan under Letter L-42-10 dated May 28, 2010;
B. On October 29, 2010, PNG filed with the Commission gas contracts for approval of monthly and daily price premiums for gas supply arrangements that include seasonal, peaking and storage contracts (the Application);
C. On November 16, 2010, PNG filed a draft gas supply contract with Penn West Petroleum Ltd. and the price of Terasen Gas Inc. Aitken Creek Storage gas for 2010/2011;
D. PNG has requested that the details of the filing be kept confidential for the reasons of commercial sensitivity as noted in the Application;
E. The Commission has reviewed the PNG filings and is satisfied that the gas supply contracts are appropriate considering market prices at the time they were negotiated and the Annual Gas Contracting Plan for 2010/2011.
NOW THEREFORE pursuant to section 71 of the Utilities Commission Act and the Commission’s Rules for Natural Gas Energy Supply Contracts, the Commission accepts for filing the natural gas contracts shown in Appendix A to this Order. The Commission will hold the information in PNG’s Application and related filings confidential.
DATED at the City of Vancouver, in the Province of British Columbia, this 18th day of November 2010.
BY ORDER
Original signed by:
D.A. Cote
Commissioner
Attachment
An Application by Pacific Northern Gas Ltd.
2010/2011 Natural Gas Supply Contracts
|
Item |
Term |
Gas Supplier |
Delivery Point |
Volume (GJ/d) |
Transaction Date |
|
1 |
Dec10-Feb11 |
EnCana Corporation |
Station 2 |
4,500 |
June 3, 2010 |
|
2 |
Nov10-Mar11 |
Canadian Natural Resources |
Station 2 |
11,000 |
June 4, 2010 |
|
3 |
Nov10-Mar11 |
TD Energy Trading Inc. |
Station 2 |
4,000 |
June 4, 2010 |
|
4 |
Nov10-Mar11 |
TD Energy Trading Inc. |
Station 2 |
11,000 |
August 27, 2010 |
|
5 |
Dec10-Feb11 |
EnCana Corporation |
Station 2 |
4,500 |
August 27, 2010 |
|
6 |
Dec10-Feb11 |
BP Canada Energy Company |
Station 2 |
9,935 |
August 27, 2010 |
|
7 |
Nov10-Mar11 |
Terasen Gas Inc. |
Aitken Creek |
10,000 |
April 1, 2008 |
|
8 |
Nov10-Mar11 |
Canadian Natural Resources |
NGL Younger Plant |
10,000 |
October 8, 2010 |
|
9 |
Nov10-Oct11 |
Canadian Natural Resources |
NGL Younger Plant |
23,637 |
October 8, 2010 |
|
10 |
Nov10-Oct11 |
Canadian Natural Resources |
Fort St. John |
1,750 |
October 8, 2010 |
|
11 |
Nov10-Oct11 |
Crew Energy Inc. |
Pink Mountain |
100 |
October 27, 2010 |
|
12 |
Nov10-Oct11 |
Canadian Natural Resources |
Pine River Field |
2,200 |
October 8, 2010 |
|
13 |
Nov10-Oct11 |
Penn West Petroleum Ltd. |
Dawson Creek |
250 |
November 16, 2010 |