DATE: March 13, 2019 TIME: 2:30 PM
TO: ALL TENNESSEE GAS PIPELINE CUSTOMERS
RE: SUCCESSFUL BIDDER FROM AVAILABLE FIRM CAPACITY (OPEN SEASON #1201)
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, March 8, 2019 and closed at 4:00 PM on Tuesday, March 12, 2019. All final bids received in compliance with the terms and conditions of the open season were evaluated on a Net Present Value per Dekatherm (“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: Peninsula Energy Services Company, Inc.
TERM: November 1, 2019 through March 31, 2020 DISCOUNTED: No VOLUME: 6,000 Dth/d RECEIPT POINT: 412864 – Blu/TGP Lake Loomis Dehy: RIP 320T
DELIVERY: 420245 – Col Gas/TGP Milford PA Big Pike
NPV: $142,244.4057
TERM: November 1, 2019 through March 31, 2020 DISCOUNTED: No VOLUME: 6,000 Dth/d RECEIPT POINT: 420870 – Pooling Pt – Niagara Spur
DELIVERY: 420867 – Pooling Pt – 200 Leg – Zone 4
NPV: $158,019.5792
TERM: November 1, 2019 through March 31, 2020 DISCOUNTED: No VOLUME: 7,602 Dth/d RECEIPT POINT: 420828 – Pooling Pt – Sta 87 – Zone 1
NPV: $508,683.8575
Total NPV: $808,947.8424
For further information, please contact:
Kenny Durio (713) 420-5307
Adam Ledet (713) 420-4813
Scott Minear (713) 420-5177
Adrienne Reid (713) 369-8413