To All Bay State Gas Marketers:
On February 1, 1999, the Massachusetts Department of Telecommunications and Energy (“MDTE”) issued an order (the “Order”) addressing, among other things, issues relating to the contract renewal and supply planning process of the local distribution companies. In the spirit of that Order, Bay State Gas Company (“Bay State”) lists below the following changes to its portfolio.
| Changes to the Bay State Gas Portfolio | ||||||
| Contract Termination | MASSPOWER | Peaking | 25,000 | 500,000 | 10/31/05 | 10/31/09 |
| Supply & Transportation | Algonquin | Pipeline & Supply | 48,000 | Adjustable | 11/01/06 | 10/31/16 & 10/31/11 |
MASSPOWER notified Bay State that it wished to terminate its contract by November 1, 2005, four years earlier than the scheduled termination date. Bay State has agreed to this termination.
Bay State is also negotiating to acquire 48,000 Dekatherms of capacity on Algonquin Gas Transmission along with a five-year gas supply contract with receipt at Centerville, New Jersey. The supply and transportation agreements are necessary to meet Bay State’s current and future needs in the Brockton division. In addition, this capacity and supply resource will help to more economically serve the Springfield division as a result of the termination of the MASSPOWER contract referenced above.
Please feel free to contact me at
Sincerely,
Christopher A. Kahl
Analyst
Nisource Energy Supply Services
