Informational Postings :: Tennessee Gas Pipeline Company, L.L.C.

Informational Postings

Notice Detail

TSP/TSP Name: 1939164-TENNESSEE GAS PIPELINE	Critical: N
Notice Type Desc (1): TSP CAPACITY OFFERING	Notice Type Desc (2): TSP CAP OFFERING
Notice Eff Date/Time: 04/19/2021 8:43:58AM	Notice End Date/Time: 05/19/2021 9:00:00am
Post Date/Time: 4/19/2021 8:43:58 AM	Notice ID: 378571
Reqrd Rsp: 1	Rsp Date: 04/19/2021
Notice Stat Desc: INITIATE	Prior Notice:
Subject: AVAILABLE FIRM CAPACITY - OS #1300

Notice Text:

DATE: April 19, 2021 TIME: 8:45 AM CT

TO: ALL TENNESSEE GAS PIPELINE COMPANY, L.L.C. CUSTOMERS

RE: AVAILABLE FIRM CAPACITY (OPEN SEASON POSTING #1300)

Open Season Timeline

Tennessee Gas Pipeline Company, L.L.C. (“Tennessee”) is holding this Open Season in accordance with Article XXVI, Section 5 of the General Terms and Conditions of its FERC Gas Tariff (as it may be in effect from time to time, the “Tariff”), commencing at 8:45 AM on Monday, April 19, 2021 and ending at 4:00 PM on Wednesday, April 21, 2021 (the “Open Season Period”). Unless otherwise indicated, capitalized terms that are used but not defined herein shall have the meanings ascribed to such terms in the tariff.

Proposal #1 Receipt Zone 4 to Delivery Zone 6 Capacity Proposed Contract Terms

Rate Schedule:

FT-A

Transportation Quantity (“TQ”):

Up to 17,000 Dth/d

Tennessee will reject bids with a TQ higher than the TQ listed above.

Term:

May 1, 2021 through May 31, 2021

Tennessee will reject bids with a commencement date prior to May 1, 2021, or a termination date later than May 31, 2021.

Primary Receipt Point(s):

54301 – POOLING PT. MARCELLUS – ZN. 4

Bids for this proposal must be identical to receipt point listed above.

Primary Delivery Point(s):

421058 – WESTFLD/TGP SOUTHWICK: DIP 259C H

The path of this capacity from 300 leg Marcellus receipt is as follows:

1. Pooling Pt. Marcellus Zn. 4 going East

2. Station 321 300L to Station 261 (thru CT)

3. Sta 261 200L to point (primary delivery)

This capacity is an exception to TGP Pipeline Path Rules as described at this link.

Secondary Receipt Point(s) at

which the Rates

specified below apply:

All Zone 4, 5, and 6 Receipt Points within Transportation Path as defined in Tennessee's Tariff

Secondary Delivery Point(s) at

which the Rates

specified below apply:

All Zone 4, 5, and 6 Delivery Points within Transportation Path as defined in Tennessee's Tariff

Monthly Reservation Rate:

Tennessee will reject bids for less than Tennessee's applicable Base Reservation Rate per Dth.

Commodity Rate for Primary

and Secondary

Deliveries:

Tennessee will reject bids for less than Tennessee's applicable Base Commodity rate

Other Charges

Shipper shall also pay ACA, applicable F&LR, EPCR charges, and all other applicable surcharges specified in Tennessee's Tariff, as may be in effect from time to time.

Proposal #2 Receipt Zone 3 to Delivery Zone 3 Capacity Proposed Contract Terms

Rate Schedule:

FT-A

Transportation Quantity (“TQ”):

Up to 75,000 Dth/d

Tennessee reserves the right to reject bids with a TQ higher than the TQ listed above

Term:

May 1, 2021 through June 30, 2021

Tennessee reserves the right to reject bids with a commencement date prior to May 1, 2021, or a termination date later than June 30, 2021.

Primary Receipt Point(s):

420866 – POOLING PT – BROAD RUN SPUR

Bids for this proposal must be identical to receipt point listed above.

Primary Delivery Point(s):

420044 – DOMINION/TGP BROAD RUN CORNWELL KAN

Bids for this proposal must be identical to receipt point listed above.

Secondary Receipt Point(s) at

which the Rates

specified below apply:

All Zone 3 Receipt Points within Transportation Path as defined in Tennessee's Tariff.

Secondary Delivery Point(s) at

which the Rates

specified below apply:

All Zone 3 Delivery Points within Transportation Path as defined in Tennessee's Tariff.

Monthly Reservation Rate:

Tennessee will reject bids for less than Tennessee's applicable Base Reservation Rate per Dth.

Commodity Rate for Primary

and Secondary

Deliveries:

Tennessee will reject bids for less than Tennessee's applicable Base Commodity rate

Other Charges

Shipper shall also pay ACA, applicable F&LR, EPCR charges, and all other applicable surcharges specified in Tennessee's Tariff, as may be in effect from time to time.

Reservations

Without limiting or waiving any other rights that Tennessee may have with respect to this Open Season, Tennessee reserves the following rights:

1. To reject bids at less than Tennessee's applicable Base Reservation Rate or applicable Base Commodity Rate per Dth.

2. At any time during this Open Season, upon notice and in its sole discretion, to terminate this Open Season, to extend the Open Season Period, or to modify this Open Season.

3. To clarify and finalize bids containing non-specific and/or ambiguous bid information (including, without limitation, rate, term, and receipt or delivery points) or discrepancies in bid information, provided that Tennessee shall have no obligation to do so.

4. On a not unduly discriminatory basis, to reject any bid or service request that, in Tennessee's sole determination, is incomplete, is inconsistent with the terms of this Open Season, contains additions or modifications to the terms of this Open Season, is otherwise deficient in any respect (including failure to provide credit support as Tennessee deems necessary), or requests service outside the scope of this Open Season.

5. To reject any bid that does not specify capacity within the paths posted above.

6. To reject bids received after the Open Season Period.

7. To award capacity to mutually agreeable alternate receipt or delivery points if capacity is unavailable at the meters specified in the bid.

8. To award capacity for a quantity less than the bid quantity, if sufficient capacity is not available to award the entire bid quantity.

9. To reject any bid that will result in a reduction of reservation charges.

10. To reject negotiated rate bids.

11. To reject contingent bids.

Submission of Bids

This Open Season is for capacity available for the receipt/delivery point paths specified above. In order to be considered eligible to be awarded capacity following this Open Season, a potential shipper must submit a bid that specifies terms, volumes, receipt points and delivery points that are consistent with the respective dates, quantities and associated receipt and delivery zones outlined above. All Bids should refer to Open Season #1300.

Available capacity volumes are contingent upon mainline, meter and lateral capacity. Bids cannot exceed the above-stated maximum volumes.

Parties interested in this capacity should submit a binding Firm Transportation request through the DART system. Parties may also submit a binding bid via e-mail by e-mailing their bid to TGPBidroom@kindermorgan.com. Any party may confirm Tennessee's receipt of its bid by contacting the Bidroom between 8 A.M. and 5 P.M. CT, Monday through Friday (unless such day is not a working day).

All bids submitted during this Open Season may be replaced with a higher Net Present Value (“NPV”) bid during the Open Season Period. Bids cannot be replaced with lower NPV bids. Upon completion of this Open Season, all remaining bids will be considered binding until a successful bid(s) has been awarded.

Evaluation Method

All final bids for each Proposal received during this Open Season will be evaluated on an NPV basis using the following factors:

NPV = En[R*(1/(1+i)**n)]

En = Summation of months 1 through n (Sigma)

n = term in months

R = Incremental monthly revenue

Dth = TQ of Contract

i = Monthly Discount Factor of 0.8333%

Tennessee reserves the right to accept any one bid or combination of bids that will result in the largest aggregate NPV for the aforementioned package(s).

For further information, please contact:

Britton Durio (713) 420-4205

Caitlin Harris (713) 420-2915

Scott Minear (713) 420-5177

Greg Pollard (713) 420-7149

Adam Ledet (713) 420-4813

E-mail TGPBidroom@kindermorgan.com