DATE: November 8, 2018 TIME: 8:00 AM
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #1193)
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 8:00 AM on Friday, November 2, 2018 and closed at 4:00 PM on Tuesday, November 6, 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: Sequent Energy Management, L.P.
TERM: November 1, 2019 through March 31, 2020 DISCOUNTED: No VOLUME: 20,000 Dth/d RECEIPT POINT: 420891 – Pooling Pt – 300 Leg – Zone 4
DELIVERY: 420207 – AGT/TGP Mahwah New Jersey Bergen
NPV: $496,035.92
TERM: January 1, 2019 through March 31, 2019 DISCOUNTED: No VOLUME: 100,000 Dth/d (January 1, 2019 – February 28, 2019); and
47,350 Dth/d (March 1, 2019 – March 31, 2019)
RECEIPT POINT: 420826 – Pooling Pt – 100 Leg Zone 0
DELIVERY: 420866 – Pooling Pt – Broad Run Spur Zone 3
NPV: $3,752,280.93
Total NPV: $4,248,316.85
For further information, please contact Marketing Representative:
Kenny Durio (713) 420-5307
Adam Ledet (713) 420-4813
Scott Minear (713) 420-5177
Adrienne Reid (713) 369-8413
E-mail: TGPBidroom@kindermorgan.com