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IN THE MATTER OF

the Utilities Commission Act, R.S.B.C. 1996, Chapter 473

 

and

 

A Filing by FortisBC Energy Inc.

for Approval of the Special Provisions for the

IGI Resources, Inc. GasEDI Base Contract

 

 

BEFORE:               D. Morton, Commissioner

                                N.E. MacMurchy, Commissioner                                   July 28, 2011

 

 

O  R  D  E  R

 

WHEREAS:

 

A.      On August 26, 2010, the British Columbia Utilities Commission (Commission), by Letter L-62-10, accepted for FortisBC Energy Inc. (FortisBC Energy) (formerly Terasen Gas Inc.) the 2010/11 Annual Gas Contracting Plan;

 

B.      On July 19, 2011, FortisBC Energy filed with the Commission a fully executed copy of a GasEDI Base Contract with amendments called, “Standard Provisions of the GasEDI contract for Short Term Sale and Purchase of Natural Gas General Terms and Conditions” negotiated between FortisBC Energy and IGI Resources, Inc.;

 

C.      FortisBC Energy uses the GasEDI Base Contract dated October 26, 2000 for natural gas contracting.  The Special Provisions for each gas transaction is confirmed via a deal sheet described in section 9 of the GasEDI Standard Contract;

 

D.      FortisBC Energy has requested that the details of the subject filing be kept confidential for the reasons of commercial sensitivity set out in the filing;

 

E.       The Commission has reviewed the FortisBC Energy filing and is satisfied that the Special Provisions to the GasEDI Base Contract for Short Term Sale and Purchase of Natural Gas between FortisBC Energy and IGI Resources, Inc. is consistent with the Annual Gas Contracting Plan.

 


 

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 copy of the Special Provisions of the GasEDI Base Contract negotiated between FortisBC Energy Inc. and IGI Resources, Inc. for the Short Term Sale and Purchase of Natural Gas.  The Commission will keep confidential the IGI Resources, Inc. Agreement identified in this Order.

 

 

DATED at the City of Vancouver, in the Province of British Columbia, this                  29th                 day of July, 2011

 

                                                                                                                                BY ORDER

 

                                                                                                                                Original signed by:

 

                                                                                                                                D. Morton

                                                                                                                                Commissioner

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