Kinder Morgan, Inc. · NYSE:KMI
Kinder Morgan — Corporate Update (November 2024)
38 slides from Kinder Morgan's corporate update, November 2024
Slide 1: 2024-2025 Northeast Pre-Winter Operations Meeting
2024-2025 Northeast Pre-Winter Operations Meeting November 2024
Slide 2: Operations Update
Gas control organizational structure OPERATIONS UPDATE 2
Slide 3: Operations Organizational Structure
Operations Organizational Structure 3
Slide 4: Operations Organizational Structure
Operations Organizational Structure 4
Slide 5: 2024/2025 Operational Focus and Winter Readiness
2024/2025 Operational Focus and Winter Readiness Reliable Service –Utilize System Flexibility, Make Further Investments, Refresh Critical Spare Parts Inventory, Monitor & Measure Performance & Take Action to Improve Continuously Quality Product & Services – Measurement Accuracy (L&U) & Gas Quality M
Slide 6: TGP NE Integrity Summary 2024
TGP NE Integrity Summary 2024 -Segments inspected: 23 -Tools launched and received: 62 -Completed 127 anomaly digs and 10 DA projects -60+ Digs scheduled for 2025 -23 Segment inspections planned for 2025 -We continue to look for innovative ways to reduce customer impact -Dent fatigue life analysis -
Slide 7: Maintenance Updates
Gas control organizational structure MAINTENANCE UPDATES 7
Slide 8: Outage Planning Process
Outage Planning Process KINDER/MORGAN Planning Next Year - June through October for following year maintenance = Discuss all known outages = Pipeline Integrity Management, planned compliance, preventative maintenance, and expansion projects = Optimization - Consolidate or separate outages to reduce
Slide 9: Outage Postings Location
Outage Postings Location KINDER/MORGAN Tee ais > | win | wiorswaivecras = | _cmerrfomon > | __comtus im ‘Recant Roles (See Info Postings forall noicas) oro Sins Yanng ama Rrra ite [ gh Leatons 7 Loc yee apaey ‘artim: Maru at hon pea see fg Mu S242 TM S272 New Mier Rot AP Shortcuts linked directly vw
Slide 10: Zone 4 (November - February)
Zone 4 (November - February) MLV 214-1 to MLV 209-1: Pig Runs - Cleaning Gauge (2/4/2025) MLV 214-1 to MLV 209-1: Pig Runs - MFL-A Combo (2/6/2025) MLV 214-1 to MLV 209-1: Pig Runs - MFL-C Combo (2/11/2025) MLV 214-1 to MLV 209-1: Pig Runs - EMAT (2/13/2025) Capacity ~1770k impact ~125k (seg. 204 BH
Slide 11: Zone 5 (November - February)
Zone 5 (November - February) MLV 230B-101 TO MLV 230B-102: SCCDA (11/4/2024 - 11/12/2024) MLV 230B-104 TO MLV 230B-105: SCCDA (M) (11/2/2024 - 11/30/2024) MLV 230B-105 TO MLV 230B-106: SCCDA (10/28/2024 - 11/9/2024) Capacity ~405k impact ~408k (seg. 296 FH) Unit Maintenance Sta. 245 (8/11/2014 – 8/1
Slide 12: Zone 6 (November - February)
Zone 6 (November - February) Station 261 Agawam: Annual ESD Test (M) (11/12/2024 - 11/13/2024) Capacity ~838k impact ~200k (seg. 261 FH) Sta 266A: Units 1B - Redundant Power Supplies (M) (11/8/2024 - 11/10/2024) Capacity ~150k impact ~256k (seg. 282 FH)
Slide 13: Gas Control Organizational Structure
Gas control organizational structure GAS CONTROL ORGANIZATIONAL STRUCTURE
Slide 14: Gas Control Organizational Structure
Gas Control Organizational Structure
Slide 15: Gas Control Organizational Structure
Gas Control Organizational Structure
Slide 16: System Operations Overview
Gas control organizational structure SYSTEM OPERATIONS OVERVIEW
Slide 17: TGP System Overview
TGP System Overview KINDER MORGAN ~11,750 miles of pipe Active supply/delivery meters ~700 Storage capacity ~137 bcf Direct connected power ~27,961 MW Hebron-Ellisburg-Harsiggi Rivervale LNG deliveries to Cameron, Corpus Christi & Freeport Mexico exports currently averaging ~0.4 bcf/d
Slide 18: System Flows
Syste m Flows KINDER/MORGAN . Pa S| Remains the same ¢ J \ go High utilization moving gas from J ae Marcellus/Utica, both South and East ; - pee) Traditional bottleneck into New England : ; remains Steady exports to Canada Recent Trends Power growth — PJM, SERC in particular _ Growing LNG exports ie
Slide 19: Key Growth Drivers
Key Growth Drivers • SUPPLY • Permian area continues to be growth markets along Gulf Coast • Marcellus/Utica production remains strong • Stagecoach Gas Services continues to improve • DEMAND • Steady LNG increase • Mexico: Flows increased this year compared to last year • Power: continued gasificati
Slide 20: Summer 2024 Look Back
Gas control organizational structure SUMMER 2024 LOOK BACK
Slide 21: Summer Review
Summer Review • Overview • System wide throughput decreases slightly over summer 2023 (6%) • Mild winter leaving storage inventories high but slightly down from this time last year • Maintenance planning and coordination continue to be challenging • Demand • System wide throughput down overall due t
Slide 22: Summer System Wide Flows
Summer System Wide Flows 2022 2023 2024 Change LDC 1,076 1,073 1,095 +2% Power 1,785 1,836 1,884 +3% Pipeline 5,343 5,067 4,522 -11% Interconnects Mexico 490 596 591 -1% LNG 1,371 1,311 1,215 -7% Industrial 47 63 66 +4% TOTAL 10,112 9,946 9,373 -6% Volumes are MDth/d
Slide 23: Summer Northeast Market Flows
Summer Northeast Market Flows 2022 2023 2024 Change LDC 871 868 879 +1% Power 944 992 903 -10% Pipeline Interconnects 2,996 2,948 2,796 -5% TOTAL 4,811 4,808 4,578 -5% Zones 4, 5 and 6 Volumes are MDth/d
Slide 24: Winter 2023 – 2024 Look Back
Gas control organizational structure WINTER 2023 – 2024 LOOK BACK
Slide 25: Winter Review
Winter Review KINDER/MORGAN 2023/2024 was similar to prior winter — overall a mild winter System-wide throughput virtually flat year over year averaging ~11.0 MMDth/d for November — March period Winter Peak was ~13.71 MMDth on January 20, 2024; 0.7 MMDth greater than prior winter peak Power Demand P
Slide 26: Winter 2023-2024 System Wide Flows
Winter 2023-2024 System Wide Flows 2021-2022 2022-2023 2023-2024 Change LDC 2,089 1,936 2,030 +4% Power 1,558 1,627 1,647 +1% Pipeline 5,593 5,835 5,531 -5% Interconnects Mexico 565 382 437 +14% LNG 1,705 1,218 1,282 +5% Industrial 50 63 71 +14% TOTAL 11,560 11,061 10,998 -.5% Volumes are MDth/d
Slide 27: Winter 2023-2024 Northeast Market Flows
Winter 2023-2024 Northeast Market Flows 2021-2022 2022-2023 2023-2024 Change LDC 1,729 1,610 1,666 +3% Power 829 937 802 -16% Pipeline Interconnects 3,209 3,152 3,231 +2% 0% TOTAL 5,767 5,699 5,699 Zones 4, 5 and 6 Volumes are MDth/d
Slide 28: Looking Ahead
Looking Ahead KINDER/MORGAN » Anticipate continued high utilization system wide = Winters won't stay mild forever = Northeast segments will continue to be constrained during winter = LNG demand is high utilization with no seasonality — increasing load factor in southern segments = Expansion projects
Slide 29: Scheduling Update
Gas control organizational structure SCHEDULING UPDATE 29
Slide 30: Transportation Storage Services Organizational Structure
Transportation Storage Services Organizational Structure 30
Slide 31: Current System Conditions
Current System Conditions • System Considerations for Winter • More gas moving toward the Northeast • OFOs are likely for Northeast area for over-takes and under-deliveries • Scheduled maintenance coming to an end • Work with customers as operations allow on any remaining maintenance • Storage Utili
Slide 32: Winter Restrictions
WINTER RESTRICTIONS Restriction Percentage Percentage Percentage Percentage Percentage Percentage Point Days Days Days Days Days Days Highly Utilized Restricted Restricted Restricted Restricted Restricted Restricted TGP Paths (November - (November - (November - (November - (November - (November - Ma
Slide 33: Winter Season OFOs – Zones 4, 5 and 6
WINTER SEASON OFOS – ZONES 4, 5 AND 6 80 70 60 # Of Days 50 40 30 20 10 0 Action Alert Days in Effect Critical Day 1 Days in Effect Balancing Days in Effect 2017/2018 1 3 16 58 0 0 2018/2019 0 0 26 59 1 4 2019/2020 0 0 14 31 0 0 2020/2021 4 18 18 49 1 2 2021/2022 0 0 37 67 2 15 2022/2023 0 0 24 58 1
Slide 34: Summer Restrictions
SUMMER RESTRICTIONS Restriction Percentage Percentage Percentage Percentage Percentage Percentage Percentage Point Days Days Days Days Days Days Days Highly Restricted Restricted Restricted Restricted Restricted Restricted Restricted Utilized TGP (April – (April – (April - (April - (April - (April -
Slide 35: Commercial Update
Gas control organizational structure COMMERCIAL UPDATE 35
Slide 36: Park and Loan Services
Park and Loan Services Park & Loan – Term (PAL-D) Park & Loan – Term (PAL-T) ROPD & ROLD ROPT & ROLT Attributes: Attributes: • Lowest form Interruptible Services • Highest form Interruptible Services • Invoiced on Total Scheduled volume • Invoiced on Total Quantity (TQ) Offerings: Offerings: Term Te
Slide 37: Commercial Optimization Organization
Commercial Optimization Organization On Call Assistance Britton Burr Pipelines marketed daily by Commercial Hotline (713) 420-4135 the Bidroom Group Scheduling Hotline (713) 420-4999 Kevin Cofer Gas Control Hotline (800) 231-2800 Tennessee Gas Contract Mgmt. Hotline (713) 420-3434 Jermiah Ortiz Stag
Slide 38: TGP Contact List
TGP Contact List Gas Control Transportation and Storage Commercial/Marketing Field Operations 24 hour and emergency 24-hour Scheduling Hotline Commercial Hotline Ron Miller– Director (Northeast) 800-231-2800 713-420-4999 713-420-4135 724-662-6422 Cell – 716-378-1840 Reese Hart – Manager Cathy Soape