~\s'r\ COI. :-... Q ~ ;) x..'1: .. "':'" J.. ~.:~: Ir~-P c, ':~~~' 0<: SIXTH FLOOR, 900 HOWE STREET, BOX 250 ? ;.; ~ ., VANCOUVER, B.C. V6Z 2N3 '/~ ..' " CANADA /~s··~~~~\ IN THE MA TIER OF the Utilities Commission Act, S.B.e. 1980, c. 60, as amended and An Application by Pacific Northern Gas Ltd. for Approval of Pricing Amendments to Baseload Purchase Contracts for the 1996/97 Gas Contract Year BEFORE: M.K. Jaccard, Chairperson; and ) L.R. Barr, Deputy Chairperson ORDER WHEREAS: A. On July 17, 1996 the Commission, by Letter No. L-25-96, approved for Pacific Northern Gas Ltd. ("PNG") its Gas Contracting Plan for the 1996/97 gas contract year; and B. On November 4, 1996 PNG applied to the Commission for approval of letter agreements covering pricing amendments to baseload gas purchase contracts with Talisman Energy Inc. ("Talisman") and Ranger Oil Limited ("Ranger Oil") for the 1996/97 gas contract year; and e. The Talisman and Ranger Oil prices for the 1996/97 are based on the Inside PERC Sumas Index plus reasonable market premiums, but do not provide for the full deduction of the Westcoast Energy Inc. transportation costs to adjust prices from Sumas to the Station 2 delivery point; and D. The Commission has reviewed the PNG filing and finds that the Talisman and Ranger Oil amendments are not acceptable for approval without further review in a public hearing. NOW THEREFORE the Commission, pursuant to Section 85.3 of the Utilities Commission Act and the Rules, orders as follows: 1. The Letter Agreement between Ranger Oil and Westcoast Gas Services Inc. ("WGSI") dated September 13, 1996 which establishes pricing for 1996/97 under the PNG baseload contract dated October 28, 1991, is referred to the proceeding into PNG's 1997 Revenue Requirements that has been established by Order No. G-112-96. 2. The Letter Agreement between Talisman and WGSI dated September 25, 1996 which establishes 1996/97 pricing under the PNG baseload contract dated October 24, 1991 is referred to the proceeding into PNG's 1997 Revenue Requirements that has been established by Order No. G-112-96. DA TED at the City of Vancouver, in the Province of British Columbia, this UA _ ~ ''7~ ;.; ~S ' . C .' I . I • I " D ' ' . . . ' C r ;J _ TELEPHONE: (604) 660-4700 Be TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 ) November 21, 1996 day of November, 1996. BY ORDER
You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.