WWW.NGSA.ORG

Dena E. WigginsFebruary 16, 2015

National Association of Regulatory Utility Commissioners Winter Meeting

CONNECTING THE DOTS:FROM THE WELLHEAD TO THE CONSUMER

Resource Estimates More Than Doubled Since 2002

Growing with improvements in technology

Fall on the conservative side: history tells us there is more to be discovered

If the 1966 estimate of 600 trillion cubic feet (Tcf) had remained static, the U.S. would have run out of natural gas 8 years ago.

Natural Gas Production Geographically Diverse, Robust

Major Pipeline Projects Certificated (MMcf/d)

January 2000 to December 2014

Transco (204,236,323,309,225)

Southern (336,330, 375)

Kern River(135,886,145, 266)

6

NorthBaja

(500, 81 614)

Tuscarora (96)

Northwest (162,113)

Kern River (282)

TETCO(250)

Northwest (224)

NFG/DTI/Tenn (150,150,320)

SCG Pipeline (190)

1

23

4

Northwest(191)

East Tennessee (225)

Tennessee (320)

TETCO (197)

El Paso (230,320,620,150)

WBI(80)

ANR(194,220,107,143,168, 98)

30

TETCO(223) Cove Point (445,800,860)

27 CheyennePlains (560,170)

29

8

Discovery (200)

Transwestern (150,375,500)

5

Trunkline(1,500)

Trunkline (200)

Questar (272,102,175, 160)

6

Petal (700,600)

Horizon(380)

GTN(207)

Otay Mesa (110)

Florida Gas (239,270,100, 820)

East Tenn. (170)

7

9

Millennium (525, 225, 223)10

11

Northern Border

(544,130)

Trans Union (430)

Southern Trails (120)

Gulfstream(1,130, 345, 155)

12

Guardian(750, 537)

Trailblazer(324)

2628

El Paso (502)

Center Point (113,132)

Golden Pass (2,500)

31 32

Dominion South (200)

Columbia (172, 100, 444, 99)

East Tenn. (86)

Tennessee (400,200,100)

East Tenn. (276, 150)

Midwestern(120)

8

13

Cameron (1,500,850,

2,330)

Cheniere Creole Trail (2,000, 1,530)

14

33

Questar Overthrust (550, 750, 300, 800)

Center Point (1,237, 280, 274)

Vector (245,105)

Equitrans (130)

15

Gulf LNG (1,500)

Northern Natural

(374)

16

Transco (165, 142)

34

Trunkline (510)

TETCO (150, 150, 455, 425)

Gulf South(1,475, 560, 556, 510)

Kinder Morgan (3,395)

Natural (200,300)

KM (360)

Elba Express (1,165)

Southeast Supply(1,140,175, 360)

TETCO (360)

17

Gulf Crossing (1,732)

Texas Gas (1,735, 2,353)

Rockies Express East (1,800)

Midcontinent (1500, 300)Southern/Magolia (82)

Cypress (Southern) (500)

35

Dominion(200, 244, 200)

MarkWest (638)

18

19

118.40 BCF/D Total16,507 Miles

26. CIG (282,92) 27. CIG (85,133,118,105,899,130) 28. TransColorado (125,300,250) 29. WIC (120,116,675,350,556,330,230,285) 30. El Paso (140) 31. Rendezvous (300) 32. Entrega (1,500) 33. Northwest (450) 34. Rockies Express West (1,800) 35. White River Hub (2,565) 36. Northwest (582) 37. Rockies Express (200) 38. Sundance Trail (Northwest) (150) 39. Diamond Mountain (WIC) (180) 40. DCP Midstream (230, 230) 41. CIG (225)

1. Algonquin (131) 2. Dominion (700) 3. Iroquois (230,85, 100, 200) 4. Columbia (135,270) 5. Algonquin (140) 6. Transcontinental (105) 7. Transcontinental (130) 8. Transcontinental (100,142, 250,647,100,264) 9. Columbia (94) 10. Maritimes (80,360,418)11. Algonquin (301)12. Tennessee (500)13. Tennessee (136)14. Transco (209)15. Algonquin (325)16. Algonquin (800)17. Empire (250, 350)18. Texas Eastern (200, 600)19. Algonquin (140, 281)20. Tennessee (350, 240, 230)21. Central NY (288)22. TETCO & Algonquin (800)23. Tennessee (636)24. Transcontinental (250, 525)25. Constitution Pipeline/Iroquois (650)

36

Transco (253, 810, 380, 225)

Northern Natural

(136)

3738

Port Dolphin(1,200)

Fayetteville Express (2,000)

39

Ruby Pipeline (1,456)

Tiger (2,000, 400)

Bison Pipeline

(407)

20

Florida Gas (343)

Northern Border (120)

TETCO (112)

21

Dominion (484, 125, 185)Equitrans(314, 600)

Tennessee (250) & Dominion (150)

Central NY (550)

40 Columbia (246)

NFG(163)Natural (100)

22

23

Bluewater (300)

El Paso(366, 237)

Alliance (126)

Atlas (150)

El Paso (185)

24

Gulf Shore (100)

Dominion (270, 92)

Northwest (175)

41

Discovery (405)

KM Texas (275)

Gulf Crossing (125)

NET Mexico (2,100)

Transco (270)

Northern Natural

(88)

Houston Pipe Line (140)

Sierrita Gas (201)

25

TETCO (550)

ANR (134)

Columbia (312)

Cheniere Corpus Christi (2,250)

Natural Gas Spurring 100 Major Industrial Projects 2012-2019; $90-$100 Billion Investment to Build

Focus on Industrial Demand: Return to Highest Levels Since 1990s

Electric Demand: Monthly Coal-to-Gas Switching Sustained Since 2008

Long term cost advantage over diesel

Long term solution for: SOx, PM, CO2 and NOX;

Container ship: ~9 + mm gals. LNG/yr.

Tugs: ~1-3 mm gals LNG/yr.

38,000+ tugs in U.S.

Source: Maritime Industry Consultants

Demand Fueled by Domestic LNG: The Road Ahead?

By comparison…Locomotive: 150,000 gals./yr.Truck: 20,000 gals./yr.