|
Transportation Service
Iroquois Pipeline Operating Company offers the following transportation services to help customers meet their business needs. If you are interested in any of these transportation services, please be sure to contact your Iroquois Representative.
|
Firm Service (subject to Open Season or Pre-Arranged Deal)
|
|
Interruptible Service
Hub Service
|
|
Park and Loan Service
|
|
Operational Balancing Agreement
|
|
Extended Receipt and Extended Delivery Service
|
Firm Service
Highest priority transportation service offered with a guaranteed availability unless prevented by act of force majeure. Service requires a demand charge (reservation) along with commodity charge. From time to time, Iroquois is able to make available firm receipt/delivery capacity based on current design conditions on the pipeline.
Such capacity is made available through an Open Season or Pre-Arranged Deal. Open Seasons generally last 1 to 15 business days depending on the length of time for which the firm transportation serive is being offered. Open Season Announcements are posted on Iroquois' EBB as detailed in Section 3 of the RTS Rate Schedule in Iroquois' FERC Gas Tariff.
Iroquois and the Shipper may execute a pre-arranged service agreement that would allow a Shipper to enter into a pre-arranged deal with Iroquois. Iroquois would then post the terms of the pre-arranged service agreement on Iroquois' EBB and hold an Open Season. At the end of the Open Season posting period, the bids will be evaluated. Should any one bid be at a higher present value than the pre-arranged deal, then the pre-arranged Shipper will be given a one-time right within two (2) business day of notification to match the higher bid's PV in order to obtain the capacity.
Interruptible Service
Lower priority transportation service offered on an as available basis. This service can be interrupted on a short notice to accomodate a higher prioity service. Commodity charges can be less than firm and there are no demand charges with this service.
Along with traditional transportation services, Iroquois provides other services to meet our customers' needs.
Hub Service
This service combines Interruptible Tansportation Service and Park and Loan Services into a single service. Parks and/or Loans are available at Waddington only and such service shall be provided for a minimum of one(1) day duration. Its priority of transportation service is offered on an as available basis. This service can be interrupted on a short notice to accomodate a higher priority of service. The HUB Service has a higher priority than Park and Loan Service.
Parking Service
A service, which allows a customer to hold (park) quantities from their firm or interruptible transportation agreements for short periods of time to be transported for delivery at a later date. This service can be interrupted on a short notice. Charges are rendered for this service.
Loan Service
A service, which allows a customer to borrow (loan) quantities from the pipeline to be used for transport by the customers under their firm or interruptible transportation agreement. Customer will return quantities at a later date. This service can be interrupted on a short notice. Charges are rendered for this service.
The Park and Loan Service has been used in a variety of ways, which include: balancing to manage nominated vs. confirmed mismatches; balancing to manage intra-day swings in temperature and related demand requirements; balancing to manage instances where secondary receipt/delivery points are constrained; and balancing to manage take-away restrictions at meters as a source of peaking supply.
Operational Balancing Agreement
An agreement between a pipeline and the operator of a receipt or delivery point physically connected to the pipeline's system. The agreement has specified procedures for balancing transportation service nominations and actual flow quantities at the specified point.
Extended Receipt and Extended Delivery Service.
A service available to firm transportation service holders. This service enables a Zone 1 only or Zone2 only firm shipper to utilize a zone outside the shipper's primary contract path on a secondary basis. A shipper only pays when it uses the extended service. Such service is subject to the recourse or negotiated rate. Although a shipper utilizing this service receives a lower priority to firm and secondary firm service, the shipper would receive a higher priority than it would under an Interruptible service contract.
|
