DATE: March 27, 2015 TIME: 8:00 A.M.
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #983)
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 10:30 A.M. CDT, Monday, March 23, 2015, and ended at 4:00 P.M. CDT, Thursday, March 26, 2015. 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: DTE Energy Trading, Inc.
TERM: April 1, 2015 through April 30, 2015
NPV: $83,687
DISCOUNTED: NO
VOLUME: 15,000
RECEIPT POINT: 412538 – MARITIMES DRACUT
DELIVERY POINT: 420101 – RIVERVALE NEW JERSEY
TERM: November 1, 2015 through March 31, 2016
NPV: $317,825
DISCOUNTED: YES
VOLUME: 12,222
RECEIPT POINT: 410902 – TRANSCAN/TGP UDP NIAGARA RIVER
DELIVERY POINT: 420870 – NIAGARA POOL
Total NPV: $401,511
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