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Tennessee Gas Pipeline
2015 Customer Meeting Business Session
Thursday August 13,2015
http://www.kindermorgan.com/
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Agenda
Thursday, August 13th, 2015
8:30 a.m. Welcome Sital Mody
8:45 a.m. Pipeline Operations Update Ray Miller
9:05 a.m. Macro Overview and TGP flow changes Ernesto Ochoa
9:25 a.m. Break
9:45 a.m. Business Development Projects Paul Smith
10:05 a.m. Northeast Energy Direct Update Curtis Cole
10:25 a.m. Pipeline Expansion in New England Suedeen Kelly
11:20 a.m. Closing Remarks and Q&A TGP Team
11:45 a.m. Lunch Salt
11:50 to 5:30 p.m. Afternoon Activities (As Selected)
6:30 p.m. Social Solarium
7:45 p.m. Dinner Wentworth Ballroom
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This presentation contains forward-looking statements. These forward-looking statements are identified as any statement that does not relate strictly
to historical or current facts. In particular, statements, express or implied, concerning future actions, conditions or events, future operating results or
the ability to generate revenues, income or cash flow or to pay dividends are forward-looking statements. Forward-looking statements are not
guarantees of performance. They involve risks, uncertainties and assumptions. Future actions, conditions or events and future results of operations of
Kinder Morgan, Inc. may differ materially from those expressed in these forward-looking statements. Many of the factors that will determine these
results are beyond Kinder Morgan's ability to control or predict. These statements are necessarily based upon various assumptions involving
judgments with respect to the future, including, among others, the ability to achieve synergies and revenue growth; national, international, regional
and local economic, competitive and regulatory conditions and developments; technological developments; capital and credit markets conditions;
inflation rates; interest rates; the political and economic stability of oil producing nations; energy markets; weather conditions; environmental
conditions; business and regulatory or legal decisions; the pace of deregulation of retail natural gas and electricity and certain agricultural products;
the timing and success of business development efforts; terrorism; and other uncertainties. There is no assurance that any of the actions, events or
results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial
condition. Because of these uncertainties, you are cautioned not to put undue reliance on any forward-looking statement. Please read "Risk Factors"
and "Information Regarding Forward-Looking Statements" in our most recent Annual Report on Form 10-K and our subsequently filed Exchange Act
reports, which are available through the SECs EDGAR system at www.sec.gov and on our website at www.kindermorgan.com.
We use non-generally accepted accounting principles (non-GAAP) financial measures in this presentation. Our reconciliation of non-
GAAP financial measures to comparable GAAP measures can be found in the Appendix to our Analyst Day presentation, dated
1/28/2015, on our website at www.kindermorgan.com. These non-GAAP measures should not be considered an alternative to GAAP
financial measures.
Forward-Looking Statements / Non-GAAP Financial Measures
http://www.sec.gov/http://www.sec.gov/http://www.sec.gov/http://www.sec.gov/http://www.sec.gov/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/http://www.kindermorgan.com/
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Pipeline Operations Update
Ray Miller
http://www.kindermorgan.com/
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Marcellus/Utica
SCOOP/Stack
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Agenda
Past Winter
This Summer
Storage
Pipeline Integrity
Operational Expectations
Pictures
Scheduling NOPR
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Winter Summary
Record peak send out at 10.5 MMDTH on Feb 19th Record snow fall in Boston area. Cold temps in New England.
Increased OFOs Zones 5 & 6, 40 days (35 days in 13/14) Zones, 4 days (9 days in 13/14) 17 Meter Specific OFOs for Power Plants (0 in 13/14)
Increased Southbound flow Westbound into station 219 at .9+ bcf/d Southbound through station 200 at 1.2+ bcf/d Increased Utica receipts Southbound flow on 100 and 500 lines
No significant mechanical issues in the Northeast Market Area! Increased volumes at Distrigas and Dracut
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Winter Summary - System Deliveries
2012-2013 2013-2014 2014-2015 % Change
LDC 1,830 2,046 2,087 +2%
Power 1,130 1,096 1,258 +15%
Interconnects 3,924 4,841 5,014 +4%
Other 572 61 58 -4%
TOTAL 7,455 8,044 8,417 +5%
volumes are MDth/d
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-
200
400
600
800
1,000
1,200
1,400
1,600
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015
Zone 6
Zone 5
Zone 4
Zone 2
Zone 1
Zone 0
Winter Total System Power Deliveries
volumes are MDth/d
+36%
+17%
-19% -3%
+15%
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Cold New England Weather
200
400
600
800
1000
1200
1400
Nov Dec Jan Feb Mar
HD
Ds
Winter 2014/15
Winter 2013/14
Winter 2012/13
30 Year Average
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Winter New England Deliveries
2012-2013 2013-2014 2014-2015 % Change
LDC 1,324 1,467 1,511 +3%
Power 346 274 315 +15%
Interconnects 468 1,316 1362 +3%
TOTAL 2,137 3,057 3,187 +4%
volumes are MDth/d
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0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 2013 2014 2015 YTD
All volumes are MDth/d
Winter New England LDC Deliveries
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Winter North Supply Analysis
Winter Period (Nov-Mar) Average MDth/d
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
09-10 10-11 11-12 12-13 13-14 14-15
Dracut
Distrigas
Shelton
Wright
Niagara
Marcellus
Utica
Rex
+70%
+15% +5%
+38%
+17%
Total Marcellus supply was
over 19 bcf/d this winter!
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0
100
200
300
400
500
600
700
800
900
1,000
11-12 12-13 13-14 14-15
Canada
Mexico
Winter System Exports
-1% -2%
volumes are MDth/d
+155%
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Summer Summary
Demand is up (vs previous summer) Overall system - 7% higher Power Generation - 15% higher
Market Area Supply continues to increase Increase in both Utica and Marcellus Supply
Increased Southbound Flows Station 200 (Ohio) 1.5 to 1.6 Bcf/d Station 860 (Tennessee) - 0.8 0.9 Bcf/d South Texas market remains strong
Main drivers Heat and Storage fill High level of system maintenance, repair, rebuild activity
GETTING READY FOR WINTER
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Summer Total System Deliveries
2013 2014 2015 TD % Change
LDC 875 874 963 +10%
Power 1,272 1,296 1,487 +15%
Interconnects 3,589 4,445 4,619 +4%
Other 401 56 52 -7%
TOTAL 6,137 6,671 7,121 +7%
volumes are MDth/d
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Summer New England Deliveries
2013 2014 2015 TD % Change
LDC 570 573 639 +12%
Power 510 491 466 -5%
Interconnects 408 1,249 1,174 -6%
TOTAL 1,488 2,313 2,279 -1.5%
volumes are MDth/d
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-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2009 2010 2011 2012 2013 2014 2015 TD
Zone 6
Zone 5
Zone 4
Zone 2
Zone 1
Zone 0
Summer Total System Power Deliveries
volumes are MDth/d
+22%
+9%
+16%
-22% +2%
+15%
19
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
2010 2011 2012 2013 2014 2015 TD
Dracut
Distrigas
Shelton
Wright
Niagara
Marcellus
Utica
Rex
Summer North Supply Analysis
volumes are MDth/d
+52%
+13% +8%
+36%
+15%
Total Marcellus supply near
20 bcf/d this summer!
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National EIA Storage Statistics Through 07-31-2015
0
500
1000
1500
2000
2500
3000
3500
4000
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
BC
F
5 Year Range
2002-2003
2013-2014
2014-2015
5 Year Average 2009-2014
535 Bcf > 2014; 64 Bcf > 5 Yr. Avg. 32 Bcf Inj
2.912 Tcf Current Inventory
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Pipeline Integrity
Pigging and internal line inspection (ILI) Planned for 1072 miles Approximately 775 are HCA miles
Then anomaly remediation 100 Line (TX, MS, TN, KY) 200 Line ( OH, PA, NY, MA) 500 Line (MS, TN) 800 Line ( (MS, LA)
And launcher/receiver modifications Required due to change in flow direction