DATE: November 30, 2018 TIME: 8:00 AM
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #1195)
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 1:45 PM on Friday, November 16, 2018 and closed at 4:00 PM on Tuesday, November 27, 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: Spotlight Energy, LLC
TERM: December 1, 2018 through March 31, 2019 DISCOUNTED: No VOLUME: 37,722 Dth/d RECEIPT POINT: 412180 – Iroquois/TGP Shelton – 22,403 Dth/d
420869 – Pooling Pt – 300 Leg – Zone 5 - 15,319 Dth/d
DELIVERY: 420101 – Trnsco/TGP Rivervale New Jersey
NPV: $791,289.38
TERM: December 1, 2018 through March 31, 2019 DISCOUNTED: No VOLUME: 37,722 Dth/d RECEIPT POINT: 420870 – Pooling Pt – Niagara Spur – Zone 5
DELIVERY: 420867 – Pooling Pt – 200 Leg – Zone 4
NPV: 845,792.96
TERM: April 1, 2019 through October 31, 2019
DISCOUNTED: No VOLUME: 44,802 Dth/d RECEIPT POINT: 420828 – Pooling Pt – Sta 87 – Zone 1
NPV: $4,267,599.79
TOTAL NPV: $5,904,682.13
For further information, please contact Marketing Representative:
Kenny Durio (713) 420-5307
Scott Minear (713) 420-5177
Adam Ledet (713) 420-4813
Adrienne Reid (713) 369-8413