DATE: November 17, 2014 TIME: 1:30 P.M.
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #965)
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 4:00 P.M. CST, Thursday, November 6, 2014, and ended at 4:00 P.M. CST, Thursday, November 13, 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: Freepoint Commodities, LLC (5450)
TERM: November 1, 2015 through March 31, 2016
NPV: $1,051,209
DISCOUNTED: NO
VOLUME: 32,100
RECEIPT POINT: 412181 – IROQUOIS/TGP WRIGHT SMS SCHOHARIE
DELIVERY POINT: 420285 – AGT/TGP MENDON MASS TIE OVER WORCHE
TERM: November 1, 2015 through October 31, 2016
NPV: $18,509,976
VOLUME: 162,516
RECEIPT POINT: 420828 – POOLING PT – STA. 87 – ZONE 1
DELIVERY POINT: 420865 – POOLING PT – 100 LEG – ZONE 2
Total NPV: $19,561,185
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