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: 11/20/2024 8:58:01AM	Notice End Date/Time: 11/25/2024 9:00:00am
Post Date/Time: 11/20/2024 8:58:01 AM	Notice ID: 392850
Reqrd Rsp: 1	Rsp Date: 11/20/2024
Notice Stat Desc: INITIATE	Prior Notice:
Subject: AVAILABLE FIRM CAPACITY - OS #1401

Notice Text:

DATE: November 20, 2024 TIME: 9:00 AM CT

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

RE: AVAILABLE FIRM CAPACITY (OPEN SEASON POSTING #1401)

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 9:00 AM on Wednesday, November 20, 2024 and ending at 1:00 PM on Monday, November 25, 2024 (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 5 Capacity Proposed Contract Terms

Rate Schedule:	FT-A
Transportation Quantity (“TQ”):	Up to 5,613 Dth/d
Term:	December 1, 2024 through March 31, 2025 Tennessee will reject bids with a commencement date prior to December 1, 2024, or a termination date later than March 31, 2025.
Primary Receipt Point(s):	54301 – POOLING PT. MARCELLUS – ZN.4 Tennessee will accept any mutually agreeable meter within the Capacity Path.
Primary Delivery Point(s):	420207 – AGT/TGP MAHWAH NEW JERSEY BERGEN Tennessee will accept any mutually agreeable meter within the Capacity Path.
Secondary Receipt Point(s) at which the rates specified below apply:	All Zone 4 and 5 Receipt Points within the Transportation Path as defined in TGP's tariff.
Secondary Delivery Point(s) at which the rates specified below apply:	All Zone 4 and 5 Delivery Points within the Transportation Path as defined in TGP'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 per Dth.
Other Charges:	Shipper shall also pay ACA, applicable F&LR, EPCR charges, and all other applicable surcharges specified in Tennessee's Tariff.

Proposal #2 Receipt Zone L to Delivery Zone L 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 quantities that vary during the term of the proposal.
Term:	December 1, 2024 through March 31, 2025 Tennessee reserves the right to reject bids with a commencement date prior to December 1, 2024, or a termination date later than March 31, 2025.
Primary Receipt Point(s):	412737 – CAM IPL/TGP DE QUINCY GAS STORAGE C Bids for this proposal must be identical to the receipt point listed above.
Primary Delivery Point(s):	420998 – POOLING PT – 800 LEG – ZONE L Bids for this proposal must be identical to the delivery point listed above.
Secondary Receipt Point(s) at which the rates specified below apply:	All Zone L Receipt Points within the Transportation Path as defined in TGP's tariff.
Secondary Delivery Point(s) at which the rates specified below apply:	All Zone L Delivery Points within the Transportation Path as defined in TGP'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 per Dth.
Other Charges:	Shipper shall also pay ACA, applicable F&LR, EPCR charges, and all other applicable surcharges specified in Tennessee's Tariff.

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 path(s) 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 any 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

In order to be considered eligible to be awarded capacity following this Open Season, each potential shipper must submit a bid that specifies terms, volumes, monthly rates, receipt points and delivery points that are consistent with the respective terms, volumes, monthly rates, receipt points and delivery points outlined above. All bids should refer to the Open Season number set forth above. Available capacity volumes are contingent upon mainline, meter and lateral capacity. Bids cannot exceed the stated maximum volumes. Parties interested in this capacity should submit binding Open Season Bid Forms by e-mailing their bid forms 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 higher net present value (“NPV”) bids 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

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 Proposal(s).

For further information, please contact:

Chris Brown (713) 420-6201

Britton Burr (713) 420-6838

Kevin Cofer (713) 420-7010

Allison Kaczynski (713) 420-2414

Scott Minear (713) 420-5177

Aaron O'Reilly (713) 420-2418

Jerimiah Ortiz (713) 420-2915

Greg Pollard (713) 420-7149

E-mail TGPBidroom@kindermorgan.com