DATE: November 7, 2014 TIME: 11:00 A.M.
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #964)
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 10:15 A.M. CDT, Friday, October 31, 2014, and ended at 4:00 P.M. CST, Wednesday, November 5, 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: Sequent Energy Management
TERM: November 1, 2015 through March 31, 2016
NPV: $1,171,047
DISCOUNTED: NO
VOLUME: 11,000 Dth/d
RECEIPT POINT: Pooling Pt – 100 leg – Zn 0 North – Zone 0 (420826)
DELIVERY POINT: AGT/TGP Mendon Mass Tie Over – Zone 6 (420285)
NPV: $880,435
DISCOUNTED: YES
VOLUME: 35,000 Dth/d
RECEIPT POINT: Transcan/TGP UDP Niagara River – Zone 5 (410902)
DELIVERY POINT: Pooling PT – Niagara Spur – Zone 5 (420870)
NPV: $724,207
VOLUME: 30,000 Dth/d
RECEIPT POINT: Zone 4 Pooling Pt – 200 Leg – Zone 4 (420867)
DELIVERY POINTS: Zone 4 Pooling Pt – 300 Leg – Zone 4 (420891)
TERM: June 1, 2015 through March 31, 2016
NPV: $10,204,386
VOLUME: 30,385 June 1, 2015 – October 31, 2015
177,268 November 1, 2015 – March 31, 2016
RECEIPT POINT: Pooling Pt – Sta. 87 – Zone 1 (420868)
DELIVERY POINT: Pooling Pt – 100 Leg – Zone 2 (420865)
NPV: $325,196
VOLUME: 15,000 Dth/d
RECEIPT POINT: Maritime/TGP Dracut Middlesex – Zn 6 (412538)
DELIVERY POINT: Bostn/TGP Dracut MA Middlesex – Zone 6 (420572)
Total NPV: $13,305,271
For further information, please contact Marketing Representative:
Jason Connelly (713) 420-2446
Rock Graham (713) 420-4241
Mary Limbaugh (713) 420-4576
Scott Minear (713) 420-5177
Kenny Durio (713) 420-5307