Millennium Pipeline Company, L.L.C. Northeast Gas ... · Millennium Pipeline Project Updates 2....
Transcript of Millennium Pipeline Company, L.L.C. Northeast Gas ... · Millennium Pipeline Project Updates 2....
Millennium Pipeline Company, L.L.C.
Northeast Gas Association
Regional Market Trends Forum
April 21, 2016
Rick Gardner
Sr. Vice President, Business Development
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Today’s Discussion
Millennium Pipeline Overview
Millennium Pipeline Growth
Millennium Pipeline Project Updates
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Millennium Changes
Increased our customer support team
Management changes
– Michelle Hook – Director – Public Relations
– Georgia Carter – Vice President & General Counsel
– Rick Gardner – Sr. Vice President – Business
Development
TransCanada’s pending acquisition of
Columbia Pipeline Group
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Millennium Pipeline
Millennium Pipeline is owned by the partnership of:
• Columbia Pipeline Group
• National Grid
• DTE Energy
• Empire Pipeline
• Dominion Transmission
• National Fuel
• Columbia Gas
Transmission
Millennium Pipeline interconnects with:• Algonquin
• Stagecoach Storage
• Laser
• Bluestone
Largest % of
Supply
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RamapoWagoner
Holding Point
& Corning
Steady Supply Growth in Northeast PA has led to Increased Market Deliveries
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100,000,000
200,000,000
300,000,000
400,000,000
500,000,000
600,000,000
2013Receipts 2013Deliveries
2014Receipts 2014Deliveries
2015Receipts
2015Deliveries
MPC Throughput
Local Markets
National Fuel
AGT
TCO
Empire
Dominion
National Fuel
Stagecoach
Laser
Bluestone
(Dth)
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Winter 2015/16 Flow ( last year)
Independence
31 MM Avg. (0)
57 MM Peak (-37)
Ramapo
713 MM Avg. (-12)
842 MM Peak (+142)
Wagoner
163 MM Avg. (+115)
170 MM Peak (+71)Stagecoach
532 MM Avg. (-95)
705 MM Peak (-50)
Corning
151 MM Avg. (-57)
256 MM Peak (-95)
Laser
285 MM Avg. (-13)
308 MM Peak (-17)
Bluestone
573 MM Avg. (+127)
621 MM Peak (+219)
Holding Point
225 MM Avg. (+56)
235 MM Peak
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Eastern System Upgrade –Project Drivers
Increases Capacity between Corning and
Ramapo by approximately 200,000 Dth/day
Customers are all Northeast Utilities
Customers are seeking diversity of supply
Ramapo is a major supply point for New York
State utilities and power plants
Increased supply at Ramapo benefits both
New York and New England energy
consumers
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Eastern System Upgrade Project Overview
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Eastern System Upgrade Project Highland Compressor Station
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Eastern System UpgradeProposed Schedule
Began Outreach Program October 2015
Began Environmental Surveys November 2015
Submitted Pre-Filing Application January 2016
Submit FERC 7c Application July 2016
FERC Certificate Order July 2017
Start Construction September 2017
In-Service October 2018
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CPV Lateral –Project Description / Costs
7.9 Mile 16” Lateral to CPV’s Proposed 650 MW
Combined Cycle Power Plant
Reduces regional dependency on older less
efficient power plants
Competitive Power Ventures is the sole
customer
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CPV LateralProposed Schedule
Began Outreach Program January 2015
Began Environmental Surveys February 2015
Submitted Pre-Filing Application April 2015
Submit FERC 7c Application November 2015
FERC Certificate Order October 2016
Start Construction September 2016
In-Service April 2017
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