IN THE MATTER OF
the Utilities Commission Act, R.S.B.C. 1996, Chapter 473
and
Filings by Terasen Gas Inc.
of Natural Gas Supply Contracts for the Commodity and Midstream Portfolios
for the 2010/11 Contract Year
BEFORE: L.F. Kelsey, Commissioner January 6, 2011
N.E. MacMurchy, Commissioner
O R D E R
WHEREAS:
A. On August 26, 2010, the British Columbia Utilities Commission (Commission), by Letter L-62-10, accepted the Terasen Gas Inc. (TGI) 2010/11 Annual Gas Contracting Plan (ACP);
B. On November 19, 2010, TGI filed an application with the Commission for acceptance the Commodity term supply allocation between monthly and daily priced contracts as well as the monthly and daily market premiums for Commodity baseload and seasonal transactions not yet accepted by the Commission (Commodity Portfolio Filing);
C. On November 19, 2010, TGI filed an application with the Commission for acceptance the Midstream supply allocation between monthly and daily priced contracts as well as the monthly and daily market premiums for Midstream seasonal transactions, and the newly executed/renewed storage and re‐delivery contracts included in the ACP (Midstream Portfolio Filing);
D. On December 21, 2010, TGI filed an Errata with the Commission adding daily contract quantities to the tables in Appendix A and Appendix B of the Commodity Portfolio Filing and the Midstream Portfolio Filing (the Filings);
E. TGI requested that the details of the Filings be kept confidential for the reasons of commercial sensitivity as noted in the cover letters of the Filings;
F. The Commission has reviewed the TGI Filings and is satisfied that the Commodity and Midstream supply allocation, the Commodity and Midstream gas supply contract premiums, and the storage and re‐delivery contracts are appropriate considering market prices at the time they were negotiated and are consistent with the ACP.
NOW THEREFORE pursuant to section 71 of the Utilities Commission Act and the Commission’s Rules for Natural Gas Energy Supply Contracts, the Commission accepts for filing the executed natural gas contracts shown in Appendix A to this Order. The Commission will keep the information in TGI’s Filings confidential.
DATED at the City of Vancouver, in the Province of British Columbia, this 7th day of January 2011.
BY ORDER
Original signed by:
L.F. Kelsey
Commissioner
Terasen Gas Inc.
2010-11 CCRA Supply Purchased
Terasen Gas Inc.
2010-11 MCRA Supply Purchased