DATE: July 27, 2016 TIME: 1:25 PM
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #1054)
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 8:15 AM. CDT, Wednesday, July 20, 2016, and ended at 4:00 P.M. CDT, Tuesday, July 26, 2016. 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: Direct Energy Business Marketing, LLC
TERM: November 1, 2016 through March 31, 2017 NPV: $3,089,519.83 DISCOUNTED: No VOLUME: 35,000 Dth/d RECEIPT POINT: 412866 – WFS/TGP Shields
DELIVERY: 420999 – Pooling PT – 500 Leg – Zone L SERVICE REQUESTOR: Direct Energy Business Marketing, LLC TERM: November 1, 2016 through October 31, 2017 NPV: $2,278,061.23
DISCOUNTED: No VOLUME: 17,732 Dth/d RECEIPT POINT: 420826 – Pooling PT – 100 Leg – ZONE 0 - North DELIVERY: 420827 – Pooling PT – 100 Leg – ZONE 1
Total NPV: $5,367,581.06
For further information, please contact Marketing Representative:
Rock Graham (713) 420-4241 Mary Limbaugh (713) 420-4576 Scott Minear (713) 420-5177 Kenny Durio (713) 420-5307 Jason Connelly (713) 420-2446