2030 - 2032 NGTL Intra-Alberta FT-D Service Offering ("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 (“OS-EXT”) at eligible locations in the highlighted area on the map provided below, as a result of new expansion Facilities (“Expansion Service”).

Combined Estimated Expansion Service, Targeted Service Commencement and Term:

The combined estimated available Expansion Service (“Available Service”) through the Offering is approximately 500,000 GJ/day. The Available Service consists of three tranches of Expansion Service (each, a “Tranche”) as described below. All Tranches form part of a single Offering and will be considered together for the purposes of allocation, subject to the allocation process described below.

The service commencement date and respective service for each Tranche are as follows:

Tranche 1 Estimated Expansion Service:     approximately 75,000 GJ/day with a targeted service commencement date of November 1, 2030.

Tranche 2 Estimated Expansion Service:     approximately 300,000 GJ/day with a targeted service commencement date of April 1, 2031.

Tranche 3 Estimated Expansion Service:     approximately 125,000 GJ/day with a targeted service commencement date of April 1, 2032.

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

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

How To Participate:

FT-D3 – Initial Service Offering (“ISO”)

The ISO is only available for prospective FT-D3 customers. The maximum Available Service in the ISO is approximately 500,000 GJ/day, being the aggregate of service available under each Tranche as of its respective targeted service commencement date. The ISO will commence on June 1, 2026 at 10:00am Mountain Time (“MT”) and close on June 2, 2026 at 10:00am MT (“ISO Closing Date”).

Prospective FT-D3 customers may participate in the ISO as follows:

1. Prospective FT-D3 customers shall submit a completed and executed ISO service offering request form (“ISO Request Form”) which can be accessed through this link. A completed and executed ISO Request Form must be sent by email to ab_ft_openseason@tcenergy.com prior to the ISO Closing Date.
2. Prospective FT-D3 customers must submit only one ISO Request Form per delivery point. While prospective FT-D3 customers may submit more than one ISO Request Form if more than one delivery point is desired, the total of all requests from a prospective customer, including requests from Affiliates[1], shall not exceed 500,000 GJ/day (the approximate amount of service being offered). Failure to meet this condition will result in all the prospective customer’s ISO Request Forms being rejected.
3. Prospective FT-D3 customers must submit ISO Request Forms that specify one of the three above listed service commencement dates for the Available Service. ISO Request Forms that do not clearly identify a service commencement date may be rejected.
4. All ISO Request Forms submitted are irrevocable and binding after the ISO Closing Date. NGTL may accept revisions to requests before the ISO Closing Date at NGTL’s discretion and the last ISO Request Form received for the delivery point will be deemed to be the final ISO Request Form. Requests are deemed to be received at the time the last ISO Request Form was received before the ISO Closing Date.
5. Prospective customers must follow and complete all steps of the Deposit Process noted below.

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

The GSO will commence on July 13, 2026 at 10:00am MT and close on July 28, 2026 at 10:00am MT (“Offering Closing”).

NGTL will communicate the results of the ISO via bulletin (expected to be posted by July 2, 2026) to advise prospective customers of the remaining Available Service (“Remaining Expansion Service”) in the Offering, including the amount of such Available Service remaining for each Tranche, prior to the commencement of the GSO. Any FT-D3 requests that are submitted as part of the GSO will be allocated service along with all other service types participating in the GSO without any preferential treatment.

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 of a prospective customer’s GSO Request Forms being rejected:

1. Prospective FT-D2 and FT-D3 customers must submit only one GSO Request Form per delivery point. While prospective FT-D2 and FT-D3 customers may submit more than one GSO Request Form if more than one delivery point is desired, the total of all requests from a prospective customer, including requests from Affiliates¹, shall not exceed the total Remaining Expansion Service being offered.
2. Prospective OS-EXT customers may submit a maximum of two GSO Request Forms for OS-EXT service for each eligible new location and must submit only one GSO Request Form per existing OS-EXT location, including requests from Affiliates¹. For the purpose of these conditions, a partnership will be considered an Affiliate and part of a customer’s maximum requests.
3. If an FT-D2 request for service requires new customer specific facilities, the requested minimum contract demand (“Requested Minimum Contract Demand”) in the GSO Request Form must be equal to or greater than 5,000 GJ/day and may not exceed the total Remaining Expansion Service being offered.
4. If an OS-EXT request for service requires new customer specific facilities, the requested contract demand in the GSO Request Form must be equal to or greater than 20,000 GJ/day and may not exceed the total Remaining Expansion Service being offered.

3. Prospective customers must submit GSO Request Forms that specify one of the three above listed service commencement dates for the Remaining Expansion Service. GSO Request Forms that do not clearly identify a service commencement date may be rejected.
4. All GSO Request Forms submitted are irrevocable and binding after the Offering Closing. NGTL may accept revisions to requests before the Offering Closing at NGTL’s discretion and the last GSO Request Form received for the delivery point or OS-EXT location, as applicable, will be deemed to be the final GSO Request Form. Requests are deemed to be received at the time the last GSO Request Form was received before the Offering Closing.
5. Prospective customers must follow and complete all steps of the Deposit Process noted below.

Targeted Service Commencement Date

Prospective customers must specify one of the three above listed service commencement dates in the ISO Request Form or GSO Request Form, as applicable, which represents the prospective customer’s preferred service commencement date for any awarded service. In allocating Available Service and Remaining Expansion Service, NGTL will consider a specified preferred service commencement date, however, where a prospective customer is not assigned all or a portion of its allocated service to the Tranche corresponding to that date, NGTL may, in its sole discretion, assign such service to the subsequent Tranche or, if required, to an earlier service commencement date within the Offering, in whole or in part.

Offering Allocation Process (“Allocation Process”)

ISO Allocation Process

Step 1:

1. If the aggregate requested contract demand is less than approximately 500,000 GJ/day, NGTL will allocate the requested contract demand to all requests. Any Remaining Expansion Service following the ISO will be made available as part of the GSO.
2. If the aggregate requested contract demand exceeds approximately 500,000 GJ/day, 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 ISO Request Form, that request will not be allocated service. Pro-Rationing will repeat until the service available in the ISO is fully allocated or no further requests can be allocated through Pro‑Rationing.

Step 2:

In the event two or more requests specify the same preferred service commencement date, are allocated service in Step 1 of the ISO Allocation Process, and the aggregate of such allocations exceeds the Available Service for the applicable Tranche, a random ordering process will be used to determine the sequence in which those allocations are assigned to the service commencement date associated with that Tranche (“RO Process”). For clarity, a separate RO Process will be applied for each Tranche, commencing with the earliest targeted service commencement date. Where all or any portion of a prospective customer’s allocated service is not assigned within the Tranche corresponding to its preferred service commencement date, NGTL will seek to assign such service to the subsequent Tranche prior to assigning allocated service associated with that subsequent Tranche. By submitting an ISO Request Form, the prospective customer agrees to this service commencement date allocation methodology.

Requests allocated service in the ISO 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 Project and Expenditure Authorization (“PEA”), Service Agreement (if required) and Schedule of Service have been issued to the prospective customer.

GSO Allocation Process

Step 1:

1. If the aggregate requested contract demand is less than the Remaining Expansion Service offered, NGTL will allocate the requested contract demand to all requests.
2. If the aggregate requested contract demand exceeds the Remaining 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 using 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:

In the event that more than one OS-EXT request has been received for a new OS-EXT location and allocated service in Step 1, NGTL will undertake the OS-EXT Award Process as outlined below. Any unallocated service following the award of service to the successful OS-EXT customer will be added back into the total service to be allocated to prospective FT-D2 and FT-D3 customers and prospective customers at an existing OS-EXT location. NGTL will then run Step 1 and Step 3 of the GSO Allocation Process excluding OS-EXT requests for new OS-EXT locations to determine the final service allocations for the prospective FT-D2 and FT-D3 customers and prospective customers at an existing OS-EXT location and then run Step 4 of the GSO Allocation Process to assign service allocations to service commencement dates.

Step 3:

If there is unallocated service and unallocated FT-D2 or FT-D3 requests or unallocated requests for existing OS-EXT locations following GSO Pro-Rationing, it will be allocated using a first come, first served basis (“First Come First Served Allocation”), where remaining service is allocated 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 July 13, 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 FT-D2 or FT-D3 requests or unallocated requests for existing OS-EXT locations due to the minimum contract demand specified in the GSO Request Form, NGTL may provide prospective customers with unallocated FT-D2 or FT-D3 requests or unallocated requests for existing OS-EXT locations the opportunity to revise their minimum contract demand to maximize the amount of service awarded in the Offering.

Step 4:

In the event two or more requests specify the same preferred service commencement date, are allocated service in Steps 1, 2, or 3 of the GSO Allocation Process, and the aggregate of such allocations exceeds the Remaining Expansion Service for the applicable Tranche, the RO Process will be applied. For clarity, a separate RO Process will be applied for each Tranche, commencing with the earliest targeted service commencement date. Where all or any portion of a prospective customer’s allocated service is not assigned within the Tranche corresponding to its preferred service commencement date, NGTL will seek to assign such service to the subsequent Tranche prior to assigning allocated service associated with that subsequent Tranche. By submitting a GSO Request Form, the prospective customer agrees to this service commencement date allocation methodology.

Requests allocated service in the GSO Allocation Process, including OS-EXT requests, 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.

OS-EXT Award Process

In the event requests have been received for a new OS-EXT location and upstreaming would occur, only one OS-EXT request will be awarded for such location in this Offering. If more than one OS-EXT request is allocated service at the same new location in Step 1 of the GSO Allocation Process, those allocated OS-EXT requests will be allocated using First Come First Served Allocation that only considers those OS-EXT requests. In the event multiple OS-EXT requests for the same new location are received by NGTL in the 60 Minute Window and can be allocated, a lottery of those OS-EXT requests received in the 60 Minute Window will be used to allocate requests. The successful OS-EXT request will be awarded the lesser of either: (a) the total amount of Expansion Service allocated to OS-EXT requests for such new location in the initial GSO Allocation Process; or (b) the requested contract demand in the successful requestor’s GSO Request Form.

Deposit Process

Within 2 Banking Days of the ISO Closing Date or Offering Closing (as applicable), 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, within the time periods specified below, calculated from the date the prospective customer receives the PEA, Service Agreement (if applicable), and Schedule of Service:

1. execute the 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 within 5 Banking Days;
2. provide sufficient financial information to demonstrate its creditworthiness, as determined by NGTL in its sole discretion, within 10 Banking Days; and
3. provide a Financial Assurance, as required, to NGTL within 10 Banking Days.

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 for all tranches, 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 either (a), (b) or (c) above for all tranches, 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 ISO requesters as soon as possible following the ISO Closing Date and 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. 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 reduce or withdraw 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, even if the allocation of service meets or exceeds the requested minimum contract demand.

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 10 Banking Days to satisfy Financial Assurance requirements as set out in the above section “Deposit Process”. The amount of Financial Assurance that NGTL may request from the successful requester will be:

1. for customers requiring new or modified customer specific facilities or modifications to existing 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 facilities or modifications to existing facilities are required, then an amount payable to NGTL under the Schedule of Service for a period 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, and between the Tranches, will depend on various factors related to the bids received by NGTL including, but not limited to, expected utilization, location and System hydraulics. Prospective customers that participate in this Offering are obligated to accept the Expansion Service awarded by NGTL for the targeted service commencement dates as determined by NGTL, provided it meets the prospective customers’ minimum contract demand noted in either the ISO Request Form or GSO Request Form. 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.