National Fuel Gas Company · NYSE:NFG
National Fuel Gas — Spring 2025 Marketer/Supplier Teleconference
30 slides from National Fuel Gas's conference presentation, Mar 25, 2025
Slide 1: Spring 2025 Marketer / Supplier Teleconference
National Fuel Gas Distribution Corporation Spring 2025 Marketer / Supplier Teleconference
Slide 2: Agenda
National Fuel Gas Distribution Corporation Spring 2025 Marketer/Supplier Teleconference March 25, 2025 2:00 p.m. EST AGENDA Welcome and Introduction Dan Czechowicz Regulatory Update Jeff Same Capacity Update Nick Pasquarella Transportation Update Chase Bahne & Patrick Dailey Operational Update Dan C
Slide 3: NFGDC Transportation Customers and Annual Throughput
NFGDC Transportation Customers and Annual Throughput Transportation Customers NFGDC Annual DELIVERIES (as of March 2025) 12 Month Totals (Through December 2024) New York System Throughput Marketer Deliveries STBA (Aggregation) 34,078 DMT (Aggregation) 42 100.0 88.5 86.6 MMT (Stand Alone) 1 90.0 Tota
Slide 4: Rates & Regulatory Update
National Fuel Gas Distribution Corporation Spring 2025 Marketer/Supplier Teleconference Rates & Regulatory Update Presentation by: Jeff Same March 25, 2025 4 NFGDC Spring 2025 Marketer Teleconference
Slide 5: Rates & Regulatory Update
Rates & Regulatory Update Federal Update Pipeline Rate Events • Empire Pipeline, Inc. • Settlement reached on pre-filing rate proposal • Empire filed Amended Stipulation & Agreement on February 18, 2025 • Settlement resulted in 1% general rate decrease and 5% rate decrease on Empire North • Transcon
Slide 6: Questions?
Questions ? 6 NFGDC Spring 2025 Marketer Teleconference
Slide 7: Capacity Review
National Fuel Gas Distribution Corporation Spring 2025 Marketer/Supplier Teleconference Capacity Review Presentation by: Nick Pasquarella March 25, 2025 7 NFGDC Spring 2025 Marketer Teleconference
Slide 8: 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 9: 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 NFGSC ESS TGP FT Rel. Rate 1 $ Max Rate $ 2020 8.96 4.91 10.69 NFGSC TGP NFGSC 2021 8.07 5.07 9.35 ESS: 30% FT: 70% ESS: 33% 2022 8.96 5.12 10.61 2023 8.33 5.10 9.
Slide 10: Pennsylvania SATS Capacity Release
Pennsylvania SATS Capacity Release Serves requirements up to 62 HDD Upstream Intermediate Upstream Release Rates, $/Dth Capacity Capacity August WACOC Rate/TGP FT Release Rate 2020 7.31 2021 8.79 45% TGP 55% ESS 2022 8.17 Capacity Capacity 2023 7.95 2024 7.10 2025 (Est.) 7.03 100% NFGSC EFT Capacity
Slide 11: Questions?
Questions ? 11 NFGDC Spring 2025 Marketer Teleconference
Slide 12: Transportation Services Update
National Fuel Gas Distribution Corporation Spring 2025 Marketer/Supplier Teleconference Transportation Services Update Presentation by: Chase Bahne & Patrick Dailey March 25, 2025 12 NFGDC Spring 2025 Marketer Teleconference
Slide 13: 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 14: Transportation Scheduling System (TSS)
Transportation Scheduling System (TSS) VMware Horizon Client • Required by all TSS Users • Multifactor Authentication / RSA SecurID Token • Improved access across multiple platforms • Personalized Security Measures (unique to each user) • VMware Horizon Client and TSS Passwords must be at least 15 c
Slide 15: Marketer Requirements
Marketer Requirements Daily Delivery Quantities (DDQs) • Customer usage estimates based on usage history, weather forecasts, and actual measurement including mid course correction • Meet daily delivery quantity requirements (DDQs) to serve your market • Posted in TSS and in the Secure Transactions s
Slide 16: 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 17: 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% June 29% 29% Injection July 46% 46% August 63% 63% September 80% 80% October 95% 95% November 89% 86% Withdrawal December
Slide 18: System Maintenance Orders
System Maintenance Orders MAINTAIN SYSTEM OPERATIONAL INTEGRITY Communication: email and website postings 1. System Alert 2. Operational Flow Order (OFO) DDQ Requirements for: Underdelivery OFO Overdelivery OFO Normal Operations • NY STBA 98-105% 95-102% 95%-105% • PA SATS 100-102% 98-100% 98%-102%
Slide 19: System Maintenance Orders
System Maintenance Orders Operational Flow Order (OFO) New York Tariff – General Information Section 20.E “During any period in which the Company determines, in its sole discretion, that its ability to accommodate imbalances is restricted or impaired, or in order to maintain system operational integ
Slide 20: Marketer Responsibility
Marketer Responsibility Cybersecurity Insurance • Pennsylvania Marketers, Suppliers and Agents • Required to have $2 million of insurance • Maintain and provide current certificates of insurance • Respond to emails from “natfuel@docutrax.com” Pipeline Critical Notices • Regularly review the appropri
Slide 21: Operational Update
National Fuel Gas Distribution Corporation Spring 2025 Marketer/Supplier Teleconference Operational Update Presentation by: Dan Czechowicz March 25, 2025 21 NFGDC Spring 2025 Marketer Teleconference
Slide 22: NFGDC Spring 2025 Marketer Teleconference
22 NFGDC Spring 2025 Marketer Teleconference
Slide 23: Buffalo, New York
National Fuel Gas Distribution Corporation Buffalo, New York NOTE: 2024-2025 is an estimate 23 Winter 24-25 Temperatures through 3/20/25 NFGDC Spring 2025 Marketer Teleconference
Slide 24: NFGDC Spring 2025 Marketer Teleconference
24 NFGDC Spring 2025 Marketer Teleconference
Slide 25: Erie, Pennsylvania
National Fuel Gas Distribution Corporation Erie, Pennsylvania NOTE: 2024-2025 is an estimate 25 Winter 24-25 Temperatures through 3/20/25 NFGDC Spring 2025 Marketer Teleconference
Slide 26: System Maintenance Orders: Winter 2024/2025
System Maintenance Orders Winter 2024 / 2025 (Gas days inclusive, Applies to NY and PA) 26 NFGDC Spring 2025 Marketer Teleconference
Slide 27: TSS Rewrite Project
National Fuel Gas Distribution Corporation Spring 2025 Marketer/Supplier Teleconference TSS Rewrite Project Presentation by: Chase Bahne March 25, 2025 27 NFGDC Spring 2025 Marketer Teleconference
Slide 28: TSS Rewrite Project
TSS Rewrite Project TSS (Transportation Scheduling System) • Upgrade the application • In development with an anticipated implementation date on June 1, 2025 New Features and Enhancements • Web Based Access with Multifactor Secure Login • Ability to Reset Passwords / Unlock Users without calling the
Slide 29: Preview of TSS Home Screen
Preview of TSS Home Screen 29 NFGDC Spring 2025 Marketer Teleconference
Slide 30: Questions?
Questions ? 30 NFGDC Spring 2025 Marketer Teleconference
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