September 8, 2021
TIME: 2:00 PM CT
TENNESSEE GAS PIPELINE COMPANY, L.L.C. CUSTOMERS
FIRM CAPACITY (OPEN SEASON POSTING #1320)
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 2:00 PM on Wednesday, September
8, 2021 and
ending at 4:00 PM on Wednesday, September 15, 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.
Transportation Quantity (“TQ”):
Up to 31,758 Dth/d
the right to reject bids with a TQ higher than the TQ listed above.
November 1, 2021 through
March 31, 2022
Tennessee reserves the right to reject bids with a commencement date prior to
November 1, 2021, or a termination date later than March 31, 2022.
Primary Receipt Point(s):
420826 – POOLING PT
– 100 LEG – ZN 0 - NORTH
Primary Delivery Point(s):
420373 – TRNSCO/TGP KINDER LA EXCH (BI 1)
Secondary Receipt Point(s) at
which the rates
specified below apply:
All Zone 0 and L/1
Receipt Points within the Transportation Path.
Secondary Delivery Point(s) at
which the rates
All Zone 0 and L/1 Delivery Points within
the Transportation Path.
Monthly Reservation Rate:
the right to reject bids for less than Tennessee's applicable Base
Reservation Rate per Dth.
Commodity Rate for Primary
Tennessee will reject bids for less than
Tennessee's applicable Base Commodity Rate per Dth.
Shipper shall also pay ACA, applicable F&LR,
EPCR charges, and all other applicable surcharges specified in Tennessee's
limiting or waiving any other rights that Tennessee may have with respect to
this Open Season, Tennessee reserves the following rights:
reject bids at less than Tennessee's applicable Base Reservation Rate or
applicable Base Commodity Rate per Dth.
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
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.
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.
reject any bid that does not specify capacity within the path(s) posted above.
reject bids received after the Open Season Period.
award capacity to mutually agreeable alternate receipt or delivery points if
capacity is unavailable at the meters specified in any bid.
award capacity for a quantity less than the bid quantity, if sufficient
capacity is not available to award the entire bid quantity.
reject any bid that will result in a reduction of reservation charges.
reject negotiated rate bids.
reject contingent bids.
Open Season is for capacity available for the receipt/delivery point path(s)
specified above. In order to be considered eligible to be awarded capacity
following this Open Season, potential shippers must submit bids that specify
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 #1320.
capacity volumes are contingent upon mainline, meter, and lateral capacity.
Bids cannot exceed the stated maximum volumes.
interested in this capacity should submit binding Firm Transportation requests
through the DART system. Parties may also submit binding bids via e-mail by
e-mailing their bids 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).
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
All final bids for each Proposal received
during this Open Season will be evaluated on an NPV basis using the following
NPV/Dth = En[R*(1/(1+i)**n)]/Dth
En = summation of months 1 through n (Sigma)
n = term in months
R = incremental monthly revenue
Dth = TQ of contract
i = monthly discount factor
Tennessee reserves the right to accept any
one bid or combination of bids that will result in the largest aggregate NPV
for the aforementioned Proposal(s).
Durio (713) 420-4205
Harris (713) 420-2915
Minear (713) 420-5177
Pollard (713) 420-7149