Southwest Gas Storage Company FSS Open Season

April 3, 2024

Southwest Gas Storage Company is soliciting binding bids from Shippers interested in acquiring firm storage (Rate Schedule FSS) in Southwest Gas Storage’s West Area Storage Facilities under the following criteria:

Term:                    May 1, 2024 – March 31, 2025

MAQ:                    1,400,000 Dth

MDIQ:                   May – October

100% of MDIQ (1/180^th of MAQ) until 90% of MAQ injected 

60% of MDIQ >90% until 95% of MAQ injected

35% of MDIQ > 95% of MAQ injected

MDWQ:               November – March

100% of MDWQ (1/100^th of MAQ) until 50% of MAQ withdrawn

60% of MDWQ >50% until 75% of MAQ withdrawn

35% of MDWQ >75% of MAQ withdrawn

 

Fuel:                                                      Current summer injection rate is 2.32%. Winter withdrawal rate is 1.43%.

Deliverability Charge:                    $0.00/Dth

Commodity:                                       Injection $0.0015/Dth; Withdrawal $0.0015/Dth

Authorized Overrun Charge:       $0.1145/Dth

Receipts:                                             Panhandle Eastern Pipe Line Field Zone

Deliveries:                                          Panhandle Eastern Pipe Line Field Zone 

 

Interested parties must submit a binding bid by 12:00 PM CST on Thursday, April 18, 2024

Please submit bids by e-mail to travis.eubank@energytransfer.com. Bids will be evaluated on a unitized NPV basis.

Southwest Gas Storage Company will notify successful parties by end of business on Friday, April 19, 2024.

If you have any questions, please contact Travis Eubank:

Ph: 713-989-7696           Email: travis.eubank@energytransfer.com            ICE Chat: teubank

 

Southwest Gas Storage Company

Binding Bid Sheet for Available FSS Capacity

 

Bidder Name & Address (print or type):

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

                                                                                                                                               

 

Contact Name:                                                                                                                 

Contact Email:                                                                                                                   

Contact Phone:                                                                                                                

 

MAQ:                                    _____________ Dth

Capacity Charge:              $________ /Dth/yr.                        

 

Bidder is willing to accept an award of capacity at a level that is less than the volume requested herein.

Yes_____              No______                            If yes, minimum acceptable volume_______________Dth

 

 

The deadline to submit bids is 12:00 PM CST, Thursday, April 18, 2024. Email bids to Travis Eubank at travis.eubank@energytransfer.com