National Fuel Gas Company · NYSE:NFG
National Fuel Gas — Corporate Update (October 2024)
22 slides from National Fuel Gas's corporate update, Oct 15, 2024
Slide 1: Fall 2024 Marketer / Supplier Teleconference: Winter Readiness
National Fuel Gas Distribution Corporation Fall 2024 Marketer / Supplier Teleconference Winter Readiness
Slide 2: Agenda
National Fuel Gas Distribution Corporation Fall 2024 Marketer/Supplier Teleconference October 15, 2024 1:30 p.m. EST AGENDA Welcome and Introduction Dan Czechowicz Regulatory Update Jeff Same TSS Update Chase Bahne/Patrick Dailey TSS Project Update Dan Czechowicz Capacity Update Nick Pasquarella Gen
Slide 3: NFGDC Transportation Customers and Annual Throughput
NFGDC Transportation Customers and Annual Throughput Transportation Customers (as of October 2024) New York STBA (Aggregation) 35,060 DMT (Aggregation) 41 MMT (Stand Alone) 1 Total New York 35,102 Pennsylvania MMNGS (Aggregation) 4,269 SATS (Aggregation) 18,529 53.6% 53.5% 54.2% 53.1% 51.6% 50.2% DM
Slide 4: Rates & Regulatory Update
National Fuel Gas Distribution Corporation Fall 2024 Marketer/Supplier Teleconference Rates & Regulatory Update Presentation by: Jeff Same October 15, 2024 4 NFGDC Fall 2024 Marketer Teleconference
Slide 5: Rates & Regulatory Update
Rates & Regulatory Update Federal Update Pipeline Rate Events • National Fuel Gas Supply [RP23-929] • Filed general NGA Section 4 rate case on July 31, 2023 • Settlement in principle reached early March 2024 • Settlement approved June 11, 2024 • Tennessee Gas Pipeline [RP24-333] • 2% rate decrease i
Slide 6: Questions?
Questions ? 6 NFGDC Fall 2024 Marketer Teleconference
Slide 7: Transportation Services Update
National Fuel Gas Distribution Corporation Fall 2024 Marketer/Supplier Teleconference Transportation Services Update Presentation by: Chase Bahne & Patrick Dailey October 15, 2024 7 NFGDC Fall 2024 Marketer Teleconference
Slide 8: Marketer/Supplier Support
Marketer/Supplier Support General Information NFGDC Website: https://www.nationalfuel.com/business-partners/ Operating Procedures Manuals: • GTOP, TSS, TSS Reports, Aggregator, Market Pool, Production Pool Transportation Scheduling System – TSS Training Contact info: • Chase Bahne, Patrick Dailey, B
Slide 9: Transportation Scheduling System (TSS)
Transportation Scheduling System (TSS) VMware Horizon Client • Required by all TSS Users • Multifactor Authentication / RSA SecurID Token • VMware Horizon Client and TSS Passwords must be at least 15 characters and contain 3 out of 4 of the following: • 1 upper, 1 lower case letter • 1 numeral, 1 sp
Slide 10: Marketer Delivery Requirements
Marketer Delivery Requirements Daily Delivery Quantities (DDQs) • NFGDC develops customer daily usage estimates based on: • Usage history • Degree Day data derived from AccuWeather weather forecast • Actual measurement including mid-course correction • Marketer must deliver customers’ DDQs to serve
Slide 11: Marketer Requirements
Marketer Requirements Minimizing Month End Imbalances Marketer communication with customers is crucial • Customer usage changes need to be monitored by the marketer • Customers whose usage has daily / monthly variability (i.e. difficult to estimate) • Customers whose usage is being estimated for lon
Slide 12: Marketer Requirements: End of Month Storage Inventory
Marketer Requirements End of month storage inventory requirements (minimums, not targets) New York (STBA) Pennsylvania (SATS) EOM Minimum % EOM Minimum % April 0% 0% May 12% 12% Injection June 29% 29% July 46% 46% August 63% 63% September 80% 80% October 95% 95% November 89% 86% Withdrawal December
Slide 13: System Maintenance Orders
System Maintenance Orders MAINTAIN SYSTEM OPERATIONAL INTEGRITY Communication: email and website postings System Alert Operational Flow Order (OFO) DDQ Requirements • NY STBA 98-105% (cold); 95-102% (warm); 95%-105% (normal) • PA SATS 100-102% (cold); 98-100% (warm); 98%-102% (normal) • PA MMNGS 100
Slide 14: Marketer Responsibility
Marketer Responsibility Pipeline Critical Notices • Regularly review the appropriate pipeline notices • Subscribe to receive emails of Critical Notices from each pipeline • Review and assess potential impacts • Contact the appropriate pipeline for notice clarification • Contact NFGDC for assistance
Slide 15: TSS Rewrite Project
National Fuel Gas Distribution Corporation Fall 2024 Marketer/Supplier Teleconference TSS Rewrite Project Presentation by: Dan Czechowicz October 15, 2024 15 NFGDC Fall 2024 Marketer Teleconference
Slide 16: TSS Rewrite Project
TSS Rewrite Project TSS (Transportation Scheduling System) • In development with an anticipated completion date of June 2025 New Features and Enhancements • Web Based Access with Multifactor Secure Login • Ability to Reset Passwords / Unlock Users without calling the TSS Help Desk • Point and Click
Slide 17: Questions?
Questions ? 17 NFGDC Fall 2024 Marketer Teleconference
Slide 18: Capacity Review
National Fuel Gas Distribution Corporation Fall 2024 Marketer/Supplier Teleconference Capacity Review Presentation by: Nick Pasquarella October 15, 2024 18 NFGDC Fall 2024 Marketer Teleconference
Slide 19: New York & Pennsylvania Capacity Release
New York & Pennsylvania Capacity Release New York Supplier Transportation Balancing and Aggregation (STBA) Mandatory Upstream Transmission Capacity (MUTC) Intermediate NFGSC ESS Capacity Pennsylvania Small Aggregation Transportation Supplier (SATS) Released Transmission Capacity (RTC) Interm
Slide 20: NY STBA Capacity Release
NY STBA Capacity Release Serves requirements up to 62 HDD Upstream Release Rates, $/Dth Upstream: 67% Intermediate: 33% April WACOC Rate Change from NFGSC ESS TGP FT Rel. $ April 2012 Max Rate $ Rate 1 2012 10.84 4.16 11.92 2013 10.51 -3% 4.49 11.49 NFGSC TGP NFGSC ESS: 30% FT: 70% ESS: 33% 2014 9.8
Slide 21: Pennsylvania SATS Capacity Release
Pennsylvania SATS Capacity Release Serves requirements up to 62 HDD Upstream Release Rates, $/Dth Upstream Intermediate August WACOC Rate Change from TGP FT Rel. Capacity $ August 2012 Rate 1 Capacity 2012 14.98 14.98 2013 13.88 -7% 13.88 2014 11.80 -21% 11.80 45% TGP 55% ESS 2015 10.14 -32% 10.14 C
Slide 22: Questions?
Questions ? 22 NFGDC Fall 2024 Marketer Teleconference
National Fuel Gas Company — Corporate Update (October 2024) on 6ix