HomeMy WebLinkAbout09.a.1) Semi-annual report on status/pricing of natural gas purchases.Natural Gas Purchase Update
Board of Directors Meeting
Clint Shima, P.E.
March 19, 2015
Central Contra Costa Sanitary District
Current Purchasing Authorization
• Natural Gas is the largest 0 &M expense item
• District purchases Natural Gas from Shell Energy
• General Manager is authorized to pre - purchase
Natural Gas through December 2016
- $6 per MMBtu limit
• Pre - purchasing continues to work well - allows
staff to react to market with checks and balances.
• All of Natural Gas pre - purchased for 2015 at
average of $4.84 per MMBtu
9a.)
1
Summary Natural Gas Purchases
• Two - thirds of pre - purchases for 2016 NG
has been purchased - Average Price of
$4.06 per MMBtu
• Target price projected for FY 2015 -2016
Budget is $4.50 per MMBtu
• Staff will ask Board for authorization to pre-
purchase for 2017
3/12/2015
■
Historical
Prices
t
Average Shell Energy Natural
Gas Price
$10.00
--
- --
$9,26
$9.00
-
Average over 10
$8.00
szel - --
Years:
6.50
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
M
FY 2005-
FY 2006- FY 2007- FY 2008- FY 2009-
FY 2010- FY 2011- FY 2012-
FY 2013-
FY 2014-
2006
2007 2008 2009 2010
2011 2012 2013
2014
2200/155
Summary Natural Gas Purchases
• Two - thirds of pre - purchases for 2016 NG
has been purchased - Average Price of
$4.06 per MMBtu
• Target price projected for FY 2015 -2016
Budget is $4.50 per MMBtu
• Staff will ask Board for authorization to pre-
purchase for 2017
3/12/2015
■
■-
t
t
Summary Natural Gas Purchases
• Two - thirds of pre - purchases for 2016 NG
has been purchased - Average Price of
$4.06 per MMBtu
• Target price projected for FY 2015 -2016
Budget is $4.50 per MMBtu
• Staff will ask Board for authorization to pre-
purchase for 2017
3/12/2015