Natural Gas Pipeline Company of America LLC (“Natural”) is soliciting interest in a project to expand its firm natural gas storage capacity on the Amarillo leg of its system (“the Amarillo Storage Expansion Project” or “Project”). The Project will allow Natural to provide up to 5,000,000 Dth of incremental firm storage service under Natural's Rate Schedule Nominated Storage Service (“NSS”). Natural's Revised Non-Binding Solicitation of Interest for this Project will end at 3:00 p.m. CST on October 28, 2026.
Description of the Amarillo Storage Expansion Project
Currently, Natural's NSS is fully contracted. The Project will create additional NSS capacity for shippers to inject, store, and withdraw gas using this service. The Project will consist primarily of wellhead work and additional pipeline lateral construction. Natural expects to place the Project in service by 2nd quarter of 2028.
Additionally, the Project offers shippers competitive rates to meet the growing demand for additional storage services. This is in part due to the fact that the proposed Project is an incremental expansion of Natural's existing storage facilities. As such, the Project avoids the risks associated with construction of new greenfield facilities and allows Natural to provide incremental storage services to the market in a reasonable and more certain timeframe. For these reasons, the Project provides good value to Natural's shippers.
Indicative Rates/Term for the Project
The Amarillo Expansion Project is being proposed as an incremental rate project. As such, Natural's currently effective FERC Gas Tariff maximum rates applicable to NSS will not apply. The anticipated incremental Maximum Recourse Rate will vary depending on the capacity subscribed in the Open Season, and is estimated to be $0.8003 to $1.7660 per Dth of Maximum Storage Volume (“MSV”) per year.[1]
Natural proposes to contract for the Project capacity on a Fixed Negotiated Rate basis under an NSS Agreement. The Fixed Negotiated Rate structure provides Shippers with rate certainty during the term of the NSS Agreement. Natural anticipates that the following terms will be required to support the Project:
Capacity: Up to 5,000,000 Dth (100% Amarillo Leg)
Primary Term: minimum of 10 years, and subject to contractual extension rights
Minimum Reservation Rate: $0.8003 to $1.7660 per Dth of Maximum Storage Volume (“MSV”) per year. Shippers may submit a bid in excess of these rates. See Bid Sheet (attached as Exhibit A).
Injection Fuel: Natural's Tariff Storage Fuel Charge applicable to rate Schedule NSS (currently 0.84%)
Contract terms of less than ten (10) years will require higher unit reservation rates. If Shipper is interested in a contract term other than 10 years, please include such term in the bid and Natural will consider such bid term and work with Shipper on possible alternatives.
In addition to the unit reservation charge and Storage Fuel Charge (referenced above), Shippers shall also pay all other applicable charges or surcharges that may be in effect from time to time pursuant to Natural's FERC Gas Tariff.
Commencement of Service
Service under the Project is anticipated to be available as early as June 1, 2028. If a Shipper has interest in an alternative start date, please include such start date in the bid. The target in-service date is an estimate and may change dependent upon the Project scoping and timing of required regulatory approvals for the Project facilities. This Revised Non-Binding Solicitation of Interest is subject to Natural's FERC Gas Tariff and all applicable laws and regulations.
NSS Service
Natural's FERC Gas Tariff defines the terms of its NSS Service to be provided by the Project. Natural provides NSS service utilizing any and all of Natural's storage and related facilities across the system, in aggregate. The Project is an expansion of Natural's existing Amarillo leg storage facilities. Below are some characteristics of Natural's NSS Service:
• The MSV a Shipper is allowed to have in storage is equal to its Maximum Daily Quantity (“MDQ”) multiplied by 75
• Shipper must withdraw gas from the same storage point at which it was injected
• Shipper has no minimum inventory or cycling requirements
• Shipper may not have a negative storage balance
• Shipper may release its NSS capacity under Natural's capacity release program
• Storage scheduling priority is separate from the transportation scheduling priority of the agreement used to bring gas to storage (injections) or take away from storage (withdrawals)
• Maximum Daily Injection Quantity (IQ) and Maximum Daily Withdrawal Quantity (WQ) rights are available all year and are governed by a Shipper's inventory balance. Injections above IQ or withdrawals above WQ are interruptible and may be available with notice via Natural's EBB
• Interruptible injections above IQ, but within MDQ, have a higher scheduling priority than interruptible injections over MDQ. Interruptible withdrawals above WQ, but within MDQ, have a higher scheduling priority than interruptible withdrawals above MDQ
Inventory Balance IQ as a % of MDQ
Bal < 67% of MSV 50%
Bal > 67% of MSV 33%
Inventory Balance WQ as a % of MDQ
Bal > 50% of MSV 100%
Bal < 50% of MSV 70%
Non-Binding Bid Requirements
Interested parties should submit a completed Non-Binding Bid Form (attached as Exhibit A). Bids will be treated as confidential and will not be disclosed, except as authorized by the bidder or required by applicable law or regulation. The bid shall not become binding until incorporated into mutually agreed upon definitive agreements including, as applicable, a Precedent Agreement and an NSS Agreement.
A Non-Binding Bid Form must include the following information:
• Negotiated or Monthly Reservation Rate
• Negotiated Contractual Extension Rate, if requested
• Contract Maximum Daily Quantity (“MDQ”) or Maximum Storage Volume (“MSV”)
• Contract Start Date
• Contract Term
• Credit Application (attached as Exhibit B)
Further discussions will occur with those shippers submitting bids that best satisfy the criteria for the capital expenditures associated with the Project. Natural reserves the right, to be exercised on a not unduly discriminatory basis, to continue to market the Project and/or modify the scope of the Project in order to enter into negotiations and execute definitive agreements with any interested shippers following the close of this Revised Non-Binding Solicitation of Interest. Notwithstanding anything stated herein, Natural has no obligation to proceed with this Project.
Credit Requirements
Prior to execution of the definitive agreements, Shippers will be required to demonstrate creditworthiness or provide a credit assurance alternative acceptable to Natural to support construction of the new Project facilities in accordance with its FERC Gas Tariff.
Capacity Turnback
In addition to soliciting bids for the Project, Natural is soliciting requests for permanent turnback of NSS capacity. Natural will only consider requests that will be beneficial to the design of the Project and will result in an economic gain to Natural based on a comparison of the savings associated with Project facilities that are no longer required and the lost revenue associated with the turnback. Natural's acceptance of turnback requests will be contingent on the Project going forward with the effective date of such turnback corresponding with the in-service date of the Project.
Any turnback capacity that is proposed to be effective later than the proposed in-service date of the Project will not be considered. Natural may aggregate requests for turnback and accept such requests in the manner that provides the most economic benefit to Natural. Natural will consider any requests for turnback on a nondiscriminatory basis. Requests to turn back NSS capacity should be submitted by the end of the Revised Non-Binding Solicitation of Interest, as specified above.
About NGPL
Natural is one of the largest interstate pipeline systems in the country, with approximately 9,100 miles of pipelines, more than 1 million horsepower of compression facilities and 288 Bcf of working gas storage.
Contact List
This Revised Non-Binding Solicitation of Interest will close at 3:00 p.m. CST on Wednesday, October 28, 2026. Interested parties should submit their bids via email to: NGPLMarketing@kindermorgan.com. Natural welcomes your interest in our Project. Please contact any of the following individuals with questions concerning this announcement:
Andrew Leung – Phone: (713) 420-4056; Email: Andrew_Leung@kindermorgan.com
David Weeks – Phone: (630) 725-3030; Email: David_Weeks@kindermorgan.com
Katie Murphy – Phone: (713) 420-6831; Email: Katie_Murphy@kindermorgan.com
Kenny Durio – Phone: (713) 420-5307; Email: Kenneth_Durio@kindermorgan.com
Any updated information will be posted online at www.kindermorgan.com under Natural Gas, NGPL Pipeline Interactive Website, Open Season Documents
EXHIBIT A
NON-BINDING SOLICITATION OF INTEREST BID FORM
A. Shipper Name: B. Contract Start Date:
C. Contract Term (years):
D. Maximum Daily Quantity (MDQ): (Dth/d)
Maximum Storage Volume (MSV): (Dth) (MSV = MDQ * 75)
E. Reservation Rate: ($ per Dth of MSV per year)
Fixed Negotiated Rate _______or Recourse Rate ___ (Check One)
F. Negotiated Contractual Extension Rate _____ ($ per Dth of MSV per year)
G. Credit Application Acknowledged and Submitted: Yes _ No
This Non-Binding Bid Form is submitted voluntarily and in accordance with the rules and policies of the submitting company.
By:
Print Name:
Title:
Phone:
Email:
Address:
______________________________________________________________ ______________________________
Shipper's Signature Date
EXHIBIT B
CREDIT APPLICATION FOR NATURAL GAS PIPELINE COMPANY OF AMERICA LLC (“Natural”)
Section 1 --General Information
Shipper / Operator Name_______________________________________________________________________________
(Circle one)
Shipper / Operator Address_____________________________________________________________________________
(Include City, State, Zip)
DUNS# __ __ - __ __ __ - __ __ __ __ FEIN __ __ - __ __ __ __ __ __ __
Contact Person_______________________________________________ Telephone No. (____)_____________________
Business Entity: __ “S” Corporation __ “C” Corporation __ Partnership __Other FAX No. (____)___________________
Type of Business ___________________________________________________ Number of years in business_________
List parent corporation of Shipper/Operator (if Shipper/Operator is a subsidiary company) or general partners (if Shipper/Operator is a partnership) ________________________________________________________________________
Please identify (specify) whether you are owned by Arclight Capital Partners, LLC, Brookfield Infrastructure Partners L.P., or Kinder Morgan, Inc.
____________________________________________________________________________________________________
Section 2 -- Standardized Credit Information
Please provide Shipper's long-term unsecured debt credit ratings (including Outlook) current as of the date of this Credit Application:
Standard & Poor's ________________________ Moody's ____________________________________
Is Shipper: - Operating under federal bankruptcy laws __Yes __No
- Subject to liquidation or debt reduction procedures under state laws __Yes __No
- Subject to pending liquidation or regulatory proceedings in state or federal courts
which could cause a substantial deterioration of Shipper's financial condition __Yes __No
- Subject to any collection lawsuits or outstanding judgments which would affect
Shipper's ability to remain solvent __Yes __No
- Are there any overdue amounts owed Natural __Yes __No
Section 3 -- Additional Financial Information and Documentation
Please provide Shipper's estimated activity under all requested services:
Estimated Monthly Volume for all Services: (Dth)
Estimated Monthly Transportation/Storage Charges for all services $________________
Estimated Term (in months) of Capacity Release Request _________________
Expected Commencement Date for requested service or capacity release: _____________________
If Shipper's audited financial information is not publicly available, please enclose current financial statements, annual reports, 10-K or other reports to regulatory agencies, or any reports from credit reporting agencies which are available.
Natural may request additional credit information and documentation in order to perform a credit evaluation of Shipper, in accordance with the provisions of its FERC Gas Tariff.
Incomplete applications may be declined. The undersigned hereby certifies that the foregoing credit information is complete, accurate, and true to the best of their knowledge.
_____________________________________________________________ ______________________________
[1] The equivalent Maximum Monthly Recourse Reservation Rate is $5.0021 to $11.0372 per Dth of MDQ.
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