City of New Orleans Agenda 2026-05-07
Council Authorizes Gas Hedging for 2026-2027 Winter
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Description
The Council adopted Resolution R-26-191 authorizing Delta New Orleans Gas Company, LLC to hedge part of its 2026-2027 winter natural gas requirements. This action enables the utility to manage fuel price risk for its distribution system over the coming heating season.
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
Authorization applies to hedging transactions for the 2026-2027 winter heating season; renewal for future seasons would require subsequent Council action.
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