2031 NGTL FT-R Service Offering

2031 NGTL FT-R Service Offering (“Service 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-R for receipt of gas to Receipt Points (“FT-R”) in Segments 2 PRLL, 5 WAEX and 7 GPML, as a result of new expansion Facilities (“Expansion Service”). Please refer to the NGTL map through this link for Segments.

 

 

 

Available Expansion Service, Targeted Service Commencement and Term:

The available Expansion Service in this Service Offering will not be limited. Please refer to the “NGTL System Design Overview” section below for additional context.

Targeted service commencement date:     April 1, 2031

Term: 8 years (consisting of a minimum 5 year Primary Term with the remaining term to be Secondary Term) subject to the “Awarding Expansion Service” section below.

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

How To Participate:

The Service Offering will commence on July 16, 2026 at 10:00am Mountain Time (“MT”) and close on August 27, 2026 at 10:00am MT (“Offering Closing”).

Prospective customers may participate in the Service Offering as follows:

  1. Prospective customers shall submit a completed and executed Service Offering request form (“Service Offering Request Form”) which can be accessed through this link. A completed and executed Service Offering Request Form must be sent by email to ab_ft_openseason@tcenergy.com prior to the Offering Closing.
  2. If an FT-R request for service requires new customer specific facilities, the Requested Minimum Contract Demand in the Service Offering Request Form must be equal to or greater than 142 103m3/day. Failure to meet this condition will result in the prospective customer’s Service Offering Request Form being rejected.
  3. All Service Offering 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.
  4. Prospective customers must follow and complete all steps of the Deposit Process noted below.

All Service Offering Request Forms will be subject to NGTL’s evaluation of facilities required for provision of service, both customer specific and otherwise, and appropriate cost accountability, and will not be 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.

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 service offering conditions set out above, within 5 Banking Days from the date the agreements are executed for all Service 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-R 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, 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, the Expansion Service awarded 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 will provide notice to successful requesters as soon as possible following the Offering Closing. To the extent a prospective customer’s request 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 withdraw the award 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. NGTL will require cost accountability for such facilities and, as a condition of award of service, may require Customer to extend the term in the Schedule of Service to support such cost accountability.

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

 

  1. 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 .

Conditions for Awarding Service

NGTL reserves the right, in its sole discretion, to cancel the Service Offering, amend the expansion facility set or offer the Expansion Service for a future targeted service commencement date.

NGTL System Design Overview

The NGTL System is designed to the lower of supply or demand. Consistent with the methodology outlined in the NGTL Annual Plan, the system is currently designed to meet downstream delivery requirements under peak forecast conditions. Through a series of delivery service offerings, NGTL expects to add approximately 1,100 TJ/day of incremental delivery contracts and associated design flows, on and around the targeted service commencement date of this Service Offering.

On the NGTL system, customers compete for the accessible market, and NGTL will not be limiting volume in this offering. Participants are encouraged to determine their own view of accessible market when participating. Prospective customers may want to consider factors such as NGTL’s design methodology, current contracting levels, potential non-renewals, and annual well declines. Daily service availability will continue to remain dependent on system conditions, including actual contract utilization.

 

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

 

For more information, please contact your Marketing Representative.