Williston Approves Long-Term Gas Supply Directive With FGU
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Description
The City of Williston approved a Directive Confirmation and Addendum with Florida Gas Utility to secure long-term discounted natural gas supplies through a Black Belt Energy prepayment transaction. The agreement authorizes FGU to manage a firm gas supply for up to 30 years with index-based pricing discounts and related risk allocations.
Contract Details
Vendor
FLORIDA GAS UTILITY
Agency
City of Williston, FL
Contract Type
UTILITIES
Document Date
March 17, 2026
Contract Term
Up to 30 years starting on or about November 1, 2026, with possible repricing periods every 5–10 years
Renewal Date
2056-11-01
Renewal Info
Underlying gas services agreement dates to February 15, 2002; this directive and addendum establish a new prepay supply tranche with repricing and potential early termination or opt-out at future repricing periods. Overall commitment not to exceed 30 years.
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