City of New Orleans City Council Minutes 2026-05-07
Council Authorizes Gas Hedging for Delta New Orleans Gas
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Description
The Council adopted a resolution authorizing Delta New Orleans Gas Company, LLC to hedge part of its natural gas needs for the 2026–2027 winter heating season. This utility hedging authority enables the company to manage gas price volatility for its distribution customers.
Contract Details
Vendor
DELTA NEW ORLEANS GAS COMPANY LLC
Agency
City of New Orleans, LA
Contract Type
UTILITIES
Document Date
May 7, 2026
Contract Term
2026-2027 winter heating season
Renewal Date
2027-03-31
Renewal Info
One-season hedging authorization for 2026–2027 winter; any future hedging would require separate Council approval.
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