Northeast Gas Association Pre-Winter Briefing 2012 / 2013 Tennessee Gas Pipeline Co. L.L.C.

Dodson Skipworth Account Director, Northeast December 3, 2012

1

Tennessee Gas Pipeline Tennessee Gas Pipeline

Forward-Looking Statements / Non-GAAP Financial Measures

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 make distributions or 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 Energy Partners, L.P., Kinder Morgan Management, LLC, El Paso Pipeline Partners, L.P., and 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. We use non-generally accepted accounting principles (non-GAAP) financial measures in this presentation, and our reconciliations of non-GAAP financial measures to our GAAP financial statements are on our website, at www.kindermorgan.com. These non-GAAP measures should not be considered an alternative to GAAP financial measures.

Tennessee Gas Pipeline Tennessee Gas Pipeline

Agenda

TGP Dynamics, Recent Trends Key points Winter 2012/2013 Power Generation Market Awareness TGP Market Development Activities

Tennessee Gas Pipeline Tennessee Gas Pipeline

Tennessee Gas Pipeline (TGP)

13,800 Miles of Pipeline ~1,400,000 HP Compression 90 Bcf Storage capacity 12 Bcf Linepack capacity Connected to all major shale sources o Northeast: Marcellus, Utica o All major Eastern markets Canada New England
Utica Shale Gas Production Marcellus Shale Gas Production

Haynesville Shale Gas Production EagleFord Shale Gas Production

Southeast

LNG Export

Mexico

Tennessee Gas Pipeline Tennessee Gas Pipeline

Northeast Market Area: Source/Flow

Eastern Canada

LNG

Marcellus Supply

Marcellus production dominates Ontario exports LNG imports declining

REX, GoM, TX , Utica

Not to scale

Tennessee Gas Pipeline Tennessee Gas Pipeline

Demand Growth:
Increased Throughput on TGP

TGP Throughput 2012 thru August ~7.23 Bcf/d Delivered 99.2% of all firm in-path gas daily 18% over 2011 Power generation drives load growth

Market Area Supply Analysis

2,800,000 2,600,000 2,400,000 2,200,000 2,000,000 1,800,000 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0

Winter Period (November March) Average Dth/d

Station 219

2007-2008
Niagara (TGP)

2008-2009
Wright

2009-2010
Distrigas

2010-2011
Stagecoach

2011-2012
Marcellus REX

Shelton

Dracut

2,500,000

1,000,000

1,500,000

2,000,000

Tennessee Gas Pipeline Marcellus Receipts

500,000

Marcellus Avg Day Flows (Dth) Thru November 2012

Tennessee Gas Pipeline Tennessee Gas Pipeline

Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12

Tennessee Gas Pipeline Tennessee Gas Pipeline

Winter 2012 / 2013

TGP sees very high loads throughout winter season in Northeast markets Recent expansions in service, flowing Gas price advantages Limited economic recovery Compression horsepower utilization high Interruptible services of various types and levels are, and will be, interrupted Primary Firm in-path reliability not to be jeopardized
TGP will closely monitor imbalances continuously Aggressive linepack management employed

Shippers gas in storage in good shape

Planned operational maintenance schedules managed, complete Compression horsepower utilization high Significant scheduled maintenance over Summer, Fall periods Hurricanes Isaac & Sandy damage minor. Industry communication / coordination excellent TGP posts all necessary information daily: communication critical

Tennessee Gas Pipeline Tennessee Gas Pipeline

Restrictions of Various interruptible Services: Summer Period Northeast

Locations

April October: % Days

Description
Comp. Station #245 W. Winfield NY flowing all points east Wellsboro, PA flowing west, south Eastern PA/NJ headed east to NJ,NYC

2010
22%

2011
79% 99% 73%

2012
94% 100% 0%

Comp. Station #315

0% 12%

Comp. Station 321/ 325

Valve Location 355

Suffield, CT to NE markets

6%

81%

74%

10

Tennessee Gas Pipeline Tennessee Gas Pipeline

Restrictions of Various interruptible Services: Winter Period Northeast

Locations Description
Comp. Station #224 Comp. Station #245 Clymer, NY flowing north NY upstate, NE W. Winfield NY flowing all points east Wellsboro, PA flowing west, south Eastern PA flowing east NW NJ east to NJ,NYC, SW CT Suffield, CT to NE markets

Percent Days Restricted (Nov Mar) 2009/2010 0% 42% 0% 38% 0% 2010/2011 28% 96% 25% 48% 87% 2011/2012 30% 99% 91% 9% 7%

Comp. Station #315 Comp. Station #321

Comp. Station #325

Valve Location 355

0%

28%

30%

* Dramatic reduction in restrictions post 300 Line Expansion placed in service Nov, 2011

Tennessee Gas Pipeline Tennessee Gas Pipeline

Northeast Generation Direct Tennessee

12

Tennessee Gas Pipeline Tennessee Gas Pipeline

TGP Power Generation Volumes Northeast

500,000 450,000

Winter
600,000 500,000 400,000 300,000 200,000 100,000 0

Summer

400,000
350,000 300,000 250,000 200,000 150,000 100,000 50,000 0

09/10

10/11

11/12
800,000 700,000 600,000 Burn Plant MDQ 500,000 400,000 300,000 200,000 100,000 -

09

10

11

NYISO Market Plants

140,000 120,000 100,000 80,000

ISONE Market Plants

Burn

Plant MDQ

60,000
40,000 20,000 Total Potential Burn: Total Plant Firm: 385,000 Dth/d 85,000 Dth/d

Total Potential Burn: Total Plant Firm:

707,000 Dth/d 175,000 Dth/d

13

Tennessee Gas Pipeline Tennessee Gas Pipeline

TGP Advantage:
Unmatched Access to Marcellus
TGP Marcellus Access Marcellus Receipts by Pipeline
Pipeline % of Total YTD 2012 (MDth/d)

TGP
Transco Stagecoach TETCO
UTICA

43%
18% 8% 7% 6% 6% 4% 3% 2% 2%

2,360
982 413 401 352 333 224 168 129 109

Dominion Columbia Gas

MARCELLUS

Equitrans National Fuel Millennium

Marcellus Shale

National Fuel Prod

8.9 Bcf/d Receipt access 38 Producer Interconnections 2.3 Bcf/d Avg. Daily Receipts (Aug) ~1.0 Bcf/d receipt access added in 2012 Indicative of continued growth

TOTAL
Source: Bentek

100%

5,470

14

Tennessee Gas Pipeline Tennessee Gas Pipeline

TGP Recent Northeast Development

~ $1.3Billion Capital Fully Subscribed In Service, On Time Development Continues

Project
300L Project NSD Northampton MPP Project NE Upgrade

Capacity (MDth/d)
350,000 250,000 10,400 240,000 636,000

Shippers
EQT Energy Cabot, Seneca, Anadarko, Mitsui Berkshire, Bay State Chesapeake, Southwestern Chesapeake, Statoil

In-Service
Nov 1, 2011 Nov 1, 2012 Nov 1, 2012 Nov 1, 2013 Nov 1, 2013

Status
In Service In Service In Service FERC Order received , On Schedule FERC Order received , On Schedule

Rose Lake
Northeast Expansion

230,000
Up to 1.2 Bcf

South Jersey Res., Statoil

In Active Development

Nov. 1. 2014
TBD 2016 - 2018

FERC Filing pending, On Schedule

In Active Development

Tennessee Gas Pipeline Tennessee Gas Pipeline

TGP Northeast Expansion Bullet Line

Project Scope 1.2 Bcf/d pipeline Wright or upstream to: Dracut MA and; Backhaul existing markets 3rd pipeline into region Benefits all existing markets Enhances existing system Development of new markets High pressure line Expandable In service 2017-2018

Wright

16

Tennessee Gas Pipeline Tennessee Gas Pipeline

TGP Northeast Expansion 200 Line Looping

Project Scope

Dracut

Wright

Lower volume scale 0.5 to 1.0 Bcf/d Current gas infrastructure located in TGP corridor Increases deliverability Flexibility in design In service 2016-2018

17

Tennessee Gas Pipeline Tennessee Gas Pipeline

TGP Northeast Expansion

Key Commercial Terms
Receipt Point Delivery Points Supply Access Volume Term Rate Structure Indicative Rate In-Service Date Wright NY, upstream (1) Power Plants and LDCs on TGPs 200 line, (2) Existing pipeline interconnects TGP, Constitution, IGT 500 1,200 MDth/day 15 - 20 years Negotiated, Fixed Rate Discussions underway November 2016 - 2018

18

Tennessee Gas Pipeline Tennessee Gas Pipeline

Tennessee In The Heart of Utica Shale

TGP Utica development ongoing: ~ 2.5 Bcf/d supply liquidity Multiple lines thru supplyrich area Direct access to liquid pooling points Access to growing markets Rich gas solutions underway
19

UTICA

Northeast Gas Association Pre-Winter Briefing 2012 / 2013 Tennessee Gas Pipeline Co. L.L.C.
Dodson Skipworth Account Director, Northeast December 3, 2012
20