DATE: February 12, 2018 TIME: 11:00 AM
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #1144)
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 PM on Monday, February 5, 2018 and closed at 4:00 PM on Thursday, February 8, 2018. 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: Munich Re Trading LLC
TERM: November 1, 2018 through March 31, 2019 DISCOUNTED: No VOLUME: 2,500 Dth/d RECEIPT POINT: 420891 – Pooling PT – 300 Leg – Zone 4
DELIVERY: 420207 – AGT/TGP Mahwah New Jersey Bergen
NPV: $63,567.56
TERM: April 1, 2018 through October 31, 2018 DISCOUNTED: No VOLUME: 4,340 Dth/d RECEIPT POINT: 420828 – Pooling Pt. – Sta. 87 Pool – Zone 1
DELIVERY: 420867 – Pooling Pt. – 200 Leg – Zone 4
NPV: $432,749.35
Total NPV: $496,316.91
For further information, please contact Marketing Representative:
Scott Minear (713) 420-5177 Kenny Durio (713) 420-5307 Adrienne Reid (713) 369-8413
Adam Ledet (713) 420-4813