2028 NGTL Greater Edmonton Area Service Offering

2028 NGTL Greater Edmonton Area Service Offering (the “Offering”)

NGTL GP Ltd., as general partner on behalf of NGTL Limited Partnership (collectively “NGTL”), is holding a binding offering for Service under Rate Schedule FT-D for delivery of gas to Group 2 Delivery Points (“FT-D2”) or Group 3 Delivery Points (“FT-D3”) and Rate Schedule OS for extraction service at eligible locations (“OS-EXT”) in the vicinity of the corridor highlighted on the map provided below, as a result of new expansion Facilities (“Expansion Service”).

Estimated Expansion Service, Targeted Service Commencement and Term:

Total estimated Expansion Service:             approximately 85,000 GJ/day

Targeted service commencement date:     April 1, 2028

Term: 15 years (consisting of a minimum 5 year Primary Term with the remaining term to be Secondary Term)

Commencement of Service will be based on NGTL’s determination of expansion facility readiness.

How To Participate:

FT-D2, FT-D3 and OS-EXT General Service Offering (“GSO”)

The GSO will commence on August 18, 2025 at 10:00am MT and close on August 22, 2025 at 10:00am MT (“Offering Closing”).

Prospective FT-D2, FT-D3 and OS-EXT customers may participate in the GSO as follows:

1. Prospective customers shall submit a completed and executed GSO service offering request form (“GSO Request Form”) which can be accessed through this link. A completed and executed GSO Request Form must be sent by email to ab_ft_openseason@tcenergy.com prior to the Offering Closing.
2. The following conditions will govern how prospective customers may request service. Failure to meet these conditions will result in all the prospective customer’s GSO Request Forms being rejected:

1. Prospective FT-D2, FT-D3 and OS-EXT customers must submit only one GSO Request Form per eligible location. While prospective FT-D2, FT-D3 and OS-EXT customers may submit more than one GSO Request Form if more than one eligible location is desired, the total of all requests from a prospective customer, including requests from Affiliates[1], shall not exceed the Expansion Service being offered.

3. All GSO Request Forms submitted are irrevocable and binding.
4. Prospective customers must follow and complete all steps of the Deposit Process noted below.

Offering Allocation Process (“Allocation Process”)

GSO Allocation Process[2]

Step 1:

1. If the aggregate requested contract demand is less than the Expansion Service offered, NGTL will allocate the requested contract demand to all requests.
2. If the aggregate requested contract demand exceeds the Expansion Service offered, NGTL will determine if the aggregate minimum contract demand of all requests can be met. If the aggregate minimum contract demand of all requests can be met, NGTL will allocate the minimum contract demand to all requests and any remaining service above the minimum contract demand of requests will be redistributed proportionately to all requests that have not been allocated their requested contract demand.
3. If the aggregate minimum contract demand of all requests cannot be met, NGTL will allocate service on a pro rata basis using the requested contract demand of each request (“Pro-Rationing”). If Pro-Rationing results in service to be allocated that is below the minimum contract demand as set out in such GSO Request Form, that request will not be allocated service. Pro-Rationing will repeat until all service is fully allocated or no further requests can be allocated through Pro-Rationing.

Step 2:

If there is unallocated service and unallocated requests following GSO Pro-Rationing, it will be allocated using a first come, first served basis (“First Come First Served Allocation”), where remaining service is awarded first to the earliest request received whose minimum contract demand can be met, and in chronological order thereafter until no service or no requests remain. In the event multiple requests are received by NGTL between 10:00am and 11:00am MT on August 18, 2025 (the “60 Minute Window”) that can be allocated above their minimum contract demand, a lottery of those requests received in the 60 Minute Window will be used to allocate requests. If there is service remaining following the First Come First Served Allocation that cannot be allocated to any unallocated requests due to the minimum contract demand specified in the GSO Request Form, NGTL may provide prospective customers with unallocated requests the opportunity to revise their minimum contract demand to maximize the amount of service awarded in the Offering. 

Requests allocated service in the GSO Allocation Process will be subject to conditions noted below in the section “Awarding Expansion Service” and not considered awarded service until such time as a PEA, Service Agreement (if required) and Schedule of Service have been issued to the prospective customer.

Deposit Process

Within 2 Banking Days of the Offering Closing, prospective customers, except those who are also customers receiving Service, other than Service under Rate Schedule IT-S or Rate Schedule FT-X, shall provide to NGTL for each request form submitted, a deposit equal to the lesser of:

1. 2 months demand charges for the requested contract demand set out in the request form, calculated based on the tolls in place when the request form was submitted; or
2. $350,000.

The deposit, if provided, shall be refunded to unsuccessful requesters, including those requesters whose requests were rejected for failing to comply with the offering conditions set out above, within 5 Banking Days from the date the agreements are executed for all Offering Expansion Service.

If NGTL awards Expansion Service to a prospective customer, such customer shall:

1. execute, within the time period specified by NGTL, the Project and Expenditure Authorization (“PEA”), a Service Agreement (if applicable) and Schedule of Service under Rate Schedule FT-D or Rate Schedule OS (as applicable) for such Expansion Service;
2. provide sufficient financial information to demonstrate its creditworthiness, as determined by NGTL in its sole discretion; and
3. provide a Financial Assurance to NGTL as required.

If a deposit has been provided and NGTL awards Expansion Service to a prospective customer, and such customer meets the requirements in (a), (b) and (c) above, the deposit will be refunded within 5 Banking Days from the date the agreements are fully executed and the requirements in (b) and (c), as applicable, are met.

If a deposit has been provided and NGTL awards Expansion Service to a prospective customer and such customer fails to meet the requirements in (a), (b) and (c) above, the Expansion Service allocated to such prospective customer shall be retracted and such prospective customer will either forfeit the deposit provided to NGTL or if no deposit had been provided in accordance with the Deposit Process, then such prospective customer shall immediately pay NGTL an amount equal to the lesser of:

1. 2 months demand charges for the requested contract demand set out in the request form, calculated based on the tolls in place when the request form was submitted; or
2. $350,000.

Awarding Expansion Service:

NGTL anticipates providing notice to allocated GSO requesters as soon as possible following the Offering Closing. The award of service pursuant to an allocated request will be subject to NGTL’s evaluation of facilities required for delivery of service, both customer specific and otherwise, and will require successful requesters to execute a PEA, a Service Agreement (if required) and a Schedule of Service for the awarded service. To the extent a prospective customer’s request for service requires new or modified customer specific facilities and/or further expansion facilities, as determined by NGTL in its sole discretion, NGTL reserves the right to retract the allocation of service prior to the issuance of a PEA, Service Agreement (if required) and Schedule of Service and return any deposits or financial assurances provided.

Upon receipt of the PEA, Service Agreement (if required) and Schedule of Service, successful requesters will have 5 Banking Days to return executed documents and to satisfy Financial Assurance requirements. The amount of Financial Assurance that NGTL may request from the successful requester will be:

1. for customers requiring new customer specific facilities or modifications to existing customer specific facilities, an amount payable to NGTL under the PEA of the estimated costs and expenses of such customer specific facilities; or

 

2. if no new or modified customer specific or modified facilities are required, then an amount payable to NGTL under the Schedule of Service of 70 days plus one month for each year of term, up to 12 months total.

Conditions for Awarding Service

The total amount of Expansion Service to be awarded in this Offering will depend on various factors related to the requests received by NGTL including, but not limited to, expected utilization, location and System hydraulics. If the Offering is either undersubscribed or oversubscribed, NGTL reserves the right, in its sole discretion, to reduce or expand the size of the Offering, cancel the Offering, amend the expansion facility set or offer the Expansion Service for a future targeted service commencement date.

All capitalized terms not defined herein have the meaning ascribed to them in the NGTL Tariff.

For more information, please contact your Marketing Representative.