Open Season - February 4, 2021

Binding Open Season for Summer 2021 Short Term Firm Export Service

Open Season Closes February 18, 2021

February 4, 2021

TransGas Limited (TransGas) hereby announces a Binding Open Season for Short Term Firm Export Transport Service for the TransGas Energy Pool (TEP) to Empress. The Binding Open Season is being conducted pursuant to the terms and conditions contained within the TransGas Comprehensive Tariff and the terms and conditions set out herein.

The cost for this service is the E11.1, E11.2 or E21.2 Short Term Firm Export toll; current TransGas rates are subject to change. New Short Term Firm Export service will be an E11.1 service. If a Customer wishes to convert existing D11.0 or D21.0 delivery demand to export demand it will be an E11.2 or E21.2 service respectively. Customers will indicate on the bid form their desired minimum and maximum volume and applicable service type for the requested service.

The available term for Short Term Firm Export is from April 1, 2021 to October 31, 2021 at Empress.

Additional terms governing this service include:

• Bids by entities or their affiliates cannot exceed the available transportation capacity for the indicated term.
• Bid durations must match the available term length.
• Queue deposit is not required.

The requests received will be evaluated and awarded based on the following:

• TransGas will evaluate the Binding Open Season Bid Forms until such time as the availability left in the Open Season has been awarded. If, at any point in time during the evaluation process, circumstances are such that a Customer’s minimum requested capacity exceeds the available quantity, no further evaluation will be made to the submitted Bid Form.
• If oversubscribed, Bids will be allocated on a prorated basis.

Interested Customers are invited to complete the Bid Form and return it to TransGas via email by 4:00 p.m. Saskatchewan time, February 18, 2021.

Immediately following the close of the Binding Open Season, TransGas will evaluate the Bid Forms received, allocate the service quantities and contact interested parties regarding the amount of service allocated to them through the Binding Open Season. TransGas will then enter the Request for Service and award the contract within MyTransGas.

SUMMER EXPORT PROCESS

A description of how summer Export service will be offered in 2021 going forward is outlined below:

1. A Short Term Firm Seasonal Export will be offered in early February for export from April 1 to October 31 (i.e. this Binding Open Season).
2. Once the Seasonal Open Season closes, independent base monthly amounts for April through October will be offered. This will likely be a different transport volume for each month. These offerings will close early to mid-March.
3. When the independent base monthly offerings close, any unallocated amounts will be available on a first come, first serve basis for any time frame in the available months. These requests can be for a minimum of 1 day, a few days, a few weeks or multiple months where unallocated capacity remains. Requests may also overlap (i.e. end of August to mid-September).
4. Monthly amounts may then be offered on a near-month basis. Once a near-month offering is open, the first come first serve will be closed for that month. First come, first serve will continue to be available for future months offered in the previous independent base monthly offer. TransGas will move any unallocated near-month amounts to be available on a first come, first serve basis for a maximum of up to the next 5 days aligning with the export nomination deadlines.
5. Lastly, daily Interruptible Export capacity will continue to be offered on a best efforts basis.

If you have any questions or would like to discuss the implications of this Binding Open Season offering for your natural gas transportation portfolio, please contact TransGas: