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TSP/TSP Name:  89891472-KM KEYSTONE GAS STORAGE Critical: N
Notice Type Desc (1):  TSP CAPACITY OFFERING Notice Type Desc (2):  TSP CAP OFFERING
Notice Eff Date/Time:  02/22/2021 2:48:08PM Notice End Date/Time:  03/05/2021 9:00:00am
Post Date/Time:  2/22/2021 2:48:08 PM Notice ID: 119797
Reqrd Rsp:  5 Rsp Date: 
Notice Stat Desc:  INITIATE Prior Notice: 
Subject:  KGS NON-BINDING OS SUPPLEMENT
Notice Text:

Kinder Morgan Keystone Gas Storage LLC

is providing this supplement to the Open Season posted on February 4, 2021 (Notice ID 119730) to extend the closing time and date to 4:00 p.m. Mountain Time on March 4, 2021.

 

Kinder Morgan Keystone Gas Storage LLC

Non-Binding Open Season Notice Soliciting Interest in Storage Capacity of up to 1,000,000 MMBtu

 

Portable Document Format (.pdf) file of Open Season:

https://pipeline2.kindermorgan.com/PortalWeb/PortalDocs.aspx?code=KGS&parent=1600

 

Kinder Morgan Keystone Gas Storage LLC (KGS) is conducting a non-binding open season (Open Season) soliciting Statements of Interest (attached hereto) for 1,000,000 MMBtu of Reserved Storage Capacity (Storage Capacity) under firm intrastate or interstate storage service available as early as April 1, 2021. 

 

This non-binding Open Season commences on February 4, 2021 and closes at 4:00 p.m. Mountain Time on March 4, 2021.  Completed Statements of Interest must be submitted prior to the close of the Open Season to #KMWestBids@KinderMorgan.com to be considered.

 

Questions concerning this Open Season should be directed to: 

Evelyn Spencer 719-520-4753 or Evelyn_Spencer@Kindermorgan.com

 

 

Description of The Storage Capacity

 

KGS' storage facilities are underground salt caverns located in Winkler County, Texas, approximately 12 miles northeast of Kermit, Texas.  Natural gas may be physically received or delivered from and to the interconnecting facilities of El Paso Natural Gas Company, L.L.C. (El Paso), Transwestern Pipeline Company, LLC (Transwestern) and Northern Natural Gas Company (Northern).  Specifically, those locations are:

 

LOCATION PIN NUMBER

LOCATION NAME

INTERCONNECTING PIPELINE

47713

KM Keystone Storage

Transwestern

47714

IKEYSTOR

El Paso

47715

KM Keystone Storage Winkler

Northern

 

The 1,000,000 MMbtu of storage capacity currently has associated with it the following Maximum Daily Injection Quanities (MDIQ) and Maximum Daily Withdrawal Quantities (MDWQ) at the specifed inventory quantity level:

 

Inventory Quantity (MMBtu)

MDIQ (MMBtu/day)

-0- through 600,000

25,000

600,001 though 800,000

20,000

800,001 through 1,000,000

12,500

 

Inventory Quantity (MMBtu)

MDWQ (MMBtu/day)

-0- through 600,000

27,000

600,001 through 800,000

43,000

800,001 through 1,000,000

55,000

 

All partial and full storage capacity requests up to 1,000,000 MMBtu will be evaulated with the appropriate corresponding injection and withdrawal rights.

 

 

CONDITIONS AND PROCEDURES FOR THE SUBMISSION OF STATEMENTS OF INTEREST

 

On the Statement of Interest Sheet, potential storage customers (Customers) are requested to provide the quantities of Storage Capacity, MDIQ and MDWQ, and the term for the services in which they are interested.  As a storage field operator selling its services using market-based rates, KGS requests interested parties submit proposed Storage Capacity demand rates.  Because not all applicable service rates are being requested at this time, other applicable rates may be mutually agreed upon prior to an award of Storage Capacity.

 

Based on the responses to this solicitation, KGS will evaluate information received and initiate discussions with Customers that KGS believes it may reach  mutually agreeable terms in binding agreements, i.e., a Gas Storage Service Agreement (for those entities that have not already executed one) and/or a Confirmation for Gas Storage Services.  

This Open Season does not obligate KGS to engage in or continue any negotiations with any Customer relating to Storage Capacity.  Customers acknowledge that this solicitation of interest is subject to the negotiation and execution of mutually acceptable service and storage agreements which may be subject to board of directors, management and/or regulatory approval.  These agreements are also subject to KGS' Operating Statement and Customers must comply with its terms including, without limitation, the satisfaction of all credit requirements.   

 

Statement of Interest Sheet

(See next page)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STATEMENT OF INTEREST

Non-Binding Open Season for Solicitation of Interest

In Kinder Morgan Keystone Gas Storage LLC's Storage Capacity

 

Open Season EBB Identifier:  Solicitation of Interest in KGS' Storage Capacity

 

Email Statement of Interest To: #KMWestBids@KinderMorgan.com

 

  1. Customer Information:

 

Legal Name of Interested Party:                                                      

Name of Authorized Representative:                                                

Title of Authorized Representative:                                                  

DUNS Number:                                                                              

Phone:                                                                                           

B.    Desired Term of Service (Recommended minimum term: 3 Years):

Requested Term Start Date:                                    

Requested Term End Date:                                     

 

C.    Desired Quantity (Maximum 1,000,000 MMBtu):

Priority: Firm

Type of Service (Check which is applicable):   Intrastate______   Interstate _______

Reserved Storage Capacity:                                       MMBtu

 

Inventory Quantity (MMBtu)

Requested MDIQ

(MMBtu/day)

 

 

 

 

 

 

 

Inventory Quantity (MMBtu)

Requested MDWQ

(MMBtu/day)

 

 

 

 

 

 

 

D.    Charges and Rates:

1.     Demand Charge/Rate (enter one):

       $ ________ per MMBtu per Month

        $ ________ per Month

 

2.     Commodity Rates:

MDIQ:   $0.01 per MMBtu per day

MDWQ: $0.01 per MMBtu per day

 

E.    Additional Conditions or Requirements (Please provide any additional information relevant to the acquisition of capacity):

 

                                                                                                                                   

 

                                                                                                                                   

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