DATE: October 22, 2014 TIME: 9:00 A.M.
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #957)
Tennessee held an open season in accordance with Article XXVI, Section 5 of the General Terms and Conditions of its FERC Gas Tariff, which commenced at 4:30 P.M. CDT, Tuesday, October 14, 2014, and ended at 4:30 P.M. CDT, Tuesday, October 21, 2014. All final bids received in compliance with the terms and conditions of the open season were evaluated on a Net Present Value (NPV) basis using the factors posted in the Open Season.
The winning bidder is not affiliated with Tennessee Gas Pipeline.
The winning bidder is as follows:
SERVICE REQUESTOR: Cargill, Incorporated
TERM: November 1, 2015 through March 31, 2016
NPV: $517,826
DISCOUNTED: NO
VOLUME: 20,000
RECEIPT POINT: 412850 - APPALACHA/TGP UDP LIBERTY
DELIVERY POINT: 420207 – AGT/TGP MAHWAH NEW JERSEY BERGEN
NPV: $3,169,594
VOLUME: 46,195
RECEIPT POINT: 420999 – POOLING PT – 500 LEG – ZONE L
DELIVERY POINT: 420044 – DOMINION/TGP BROAD RUN CORNWELL KAN
NPV: $430,011
RECEIPT POINT: 412538- MARITIME/TGP DRACUT MIDDLESEX- ZONE 6
DELIVERY POINT: 420747- BERKSHR/TGP BOSQUET SMS- ZONE 6
TERM: January 1, 2015 to December 31, 2015
NPV: $328,975
VOLUME: 5,423
RECEIPT POINT: 420891 – POOLING PT – 300 LEG – ZONE 4
DELIVERY POINT: 421046- CNYO&G/TGP OWEGO STAGECOACH- ZONE 4
Total NPV: $4,446,406
For further information, please contact Marketing Representative:
Rock Graham (713) 420-4241
Kenny Durio (713) 420-5307
Mary Limbaugh (713) 420-4576
Scott Minear (713) 420-5177
Jason Connelly (713) 420-2446