<0\-\ COl. 0\ ~ ~ l' ~ :~ " " " " c, .~~'f"i"~ ?~ ~, (' ., '8IIt' ." ROBERT J. PELLATT /~ ..' ;~ -:: -::.. C;J COMMISSION SECRETARY 112'8 CO~~\ Mr. c.P. Donohue Manager of Regulatory Affairs Pacific Northern Gas Ltd. 1400 - 1185 West Georgia Street Vancouver, B.C. V6E4E6 Dear Mr. Donohue: Re: Pacific Northern Gas Ltd. Direct Purchase Reference Prices - Pursuant to Order No. G-65-95 Further to Mr. Oosterbaan's January 12, 1996 letter submitting November, 1995 Buy/Sell Reference Price Factors, the Commission accepts the information set out in the filing (attached as Appendix 1 to this letter) as conforming to the methodology that was approved by Order No. G-65-95. The acceptance will be subject to review after an audit of the calculation by Commission staff. The Derivation of Forecast of Buy/Sell Reference Prices Supporting Material schedule to the January 12, 1996 filing, which contains disaggregated price information about individual gas supply contracts, will be held confidential at this time. Please note that future reviews and acceptances by the Commission may be by way of a letter from this office following review by staff. RJP/ssc Attch. cc: Enershare Technology Corp. PNG/Cor/BuySellRefPrice-Nov.95 LETTER NO. L-3-96 v ' 1?~ ~ :' ~ J~ -~ :y " " " 'I I . -. = ,. . ~ :z: ". 0 SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. CANADA V6Z 2N3 r ~ TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 January 18, 1996 Yours truly, obert J. Pellatt
Pacific APPENDIX 1 Pacific Northern Gas Ltd. It,ll~ N orthern Page 1 of 3 Suite 1400 .-.....u GasUd. 1185 West Georgia Street Vancouver. British Columbia V6E 4E6 (604) 691-5882 Fax: (604) 691-5863 Craig P. Donohue Manager of Regulatory Affairs PRIVATE AND CONFIDENTIAL December 19, 1995 File No. 4.2.25 British Columbia Utilities Commission Box 250, Sixth Floor 900 Howe Street Vancouver, BC V6Z 2N3 Attention: R.1. Pellatt Commission Secretary Re: Buy/Sell Demand and Commodity Reference Price Factors for November '95 REQUEST FOR CONFIDENTIALITY PNG hereby requests that the gas supply price information contained herein be kept confidential by the Commission for the reasons set forth in PNG's confidentiality policy letter to the Commission dated July 4, 1994. Enclosed is the detailed calculation of the Buy/Sell demand and commodity reference price factors for November, 1995. Pages I and 2 of the attached provide the summary figures that were filed under a separate letter. Pages 3 and 4 contain the gas price details that PNG considers should be kept confidential. The information is provided to assist Commission Staff in their review of the calculation of the reference price factors. Please direct any questions concerning the enclosed to IN. Oosterbaan, Manager of Gas Supply & Special Projects. :;f~ C.P. Donohue encl. CPD/lgr
Buy/Sell Reference Price for PNG - West For the period November/95 Reference PrIce Demand Price"' Commodity PrlcCl Baseload Gas Load Factor Enershare Load Factor Portfolio Compcsltlon(GJ's) Total Purchases Fixed Price purchases Variable Price Purchases Variable Price CompositlonCGJ's) sumas ..... 2 NYMEX Notes: "1 • calculation basad en .100% load faetor. "'2 • basad en beginning of the montn index published by Insida FERC Gas Market Report. Amounts may nat add due to rounding. APPENDIX 1 Pag~cl3 Nov 1.37 0.544 0.824 0.98 1.00 729471 o 729471 625071 104400 Page 1
APPENDIX 1 Page 3 of 3 Buy/Sell Reference Price for PNG - West Additional Information For the Period November/95 Nov Total Demand Costs 405001 Total Commodity Costs 601310 Total Costs 1006310 Actual Index Sumas**1 1.260 NYMEX-2 1.763 Foreign Exchange **3 1.3532 Basis Differential **4 0.46 Notes: **1 - Spot gas prices(US $/mmbtu) at Sumas as published in the Inside FERC Gas Market Report. **2 - Closing prices(US $/mmbtu) of last NYMEX trading day (October 24th) of near month. **3 - Average of the noon day rates for the month of November as published by the Bank of Canada. **4 - Actual basis differential as per negotiated agreements with baseload gas suppliers. **5 - Total demand and commodity costs are for purchases of baseload gas. Amounts may not add due to rounding. Cl:In.:> ?
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