SlideShare une entreprise Scribd logo
1  sur  18
Télécharger pour lire hors ligne
El Paso Pipeline Partners




            James C. Yardley
  President & Chief Executive Officer
El Paso Pipeline GP Company, L.L.C.

 2008 MLP Investor Conference
                 May 22, 2008
Cautionary Statement
Regarding Forward-Looking Statements
  This presentation includes forward-looking statements and projections, made in reliance on the
  safe harbor provisions of the Private Securities Litigation Reform Act of 1995. El Paso Pipeline
  Partners has made every reasonable effort to ensure that the information and assumptions on
  which these statements and projections are based are current, reasonable, and complete.
  However, a variety of factors could cause actual results to differ materially from the projections,
  anticipated results or other expectations expressed in this presentation, including, without
  limitation, the ability to obtain necessary governmental approvals for proposed pipeline projects
  and to successfully construct and operate such projects; operating hazards, natural disasters,
  weather-related delays, casualty losses and other matters beyond our control; the risks
  associated with recontracting of transportation commitments; regulatory uncertainties
  associated with pipeline rate cases and other tariff filings; actions taken by third-party
  operators, processors and transporters; conditions in geographic regions or markets served by
  El Paso Pipeline Partners and its affiliates and equity investees or where its operations and
  affiliates are located; the effects of existing and future laws and governmental regulations;
  competitive conditions in our industry; changes in the availability and cost of capital; and other
  factors described in El Paso Pipeline Partners’ (and its affiliates’) Securities and Exchange
  Commission filings. While these statements and projections are made in good faith, El Paso
  Pipeline Partners and its management cannot guarantee that anticipated future results will be
  achieved. Reference must be made to those filings for additional important factors that may
  affect actual results. El Paso Pipeline Partners assumes no obligation to publicly update or
  revise any forward-looking statements made herein or any other forward-looking statements
  made, whether as a result of new information, future events, or otherwise.



                                                                                                        2
Investment Highlights
                 El Paso is the premier U.S. natural gas pipeline company
   Strong
 Sponsorship     Alignment of interests (67% ownership + IDRs)



                 90%+ revenue from capacity reservation charges
 Stable Cash
    Flow         Average contract life of more than 8 years


                 Strategic growth vehicle for El Paso
                 Well located, high-quality assets
Growth Vehicle   Significant contracted organic growth projects
                 Growth through potential acquisitions - third party,
                 drop down or both


  Financial
                 Strong and flexible financial position
  Flexibility
                                                                        3
MLP Opportunities
 High




                                                                 Price stability
 Cash Flow Stability




                                             Interstate          Long-term firm
                                             Pipelines           demand contracts
                                                                 Stable asset base

                                 Majority of
                             alternative MLP’s
 Low




                       Low           Asset Life           High
                                                                                     4
El Paso Pipeline Partners
                                               Primary focus is natural gas transmission
                                               and storage assets
                                               Three FERC regulated interstate pipelines:
                                                    100% of WIC: 800 miles, 2.7 Bcf/d
                                                    10% of CIG: 4,000 miles, 3.0 Bcf/d
                                                    10% of SNG: 7,600 miles, 3.7 Bcf/d
                                               Demand-based revenues from high- quality
                                               customers with strong credit profiles
                                               Several organic expansions underway




     WIC
     CIG                               SNG

 Diverse, growing supply regions   High connectivity to growing demand regions
                                                                                       5
Sponsor Committed to Growth
    Public Unitholders
                                                      28,437,786 EPB Common Units
      28,756,250 EPB
                                                  27,727,411 EPB Subordinated Units
       Common Units
                                            GP interest and incentive distribution rights

                                                           64.8% LP
           33.2% LP
                                                            2.0% GP




            Commitment to Growth
               Organic projects
                       Third-party acquisitions
                       Drop downs from El Paso
                          Most pipeline assets suitable for MLP
                          $2.4 billion NOL at December 31, 2007
                                                                                            6
Stable Cash Flow
Capacity reservation charges result in cash flow stability
                                                        2007 Revenue Composition*
                                                WIC               CIG                SNG




      Capacity Reservation Charges              98.1%             89.3%               88.3%
                                                 1.3%              7.0%                7.4%
      Variable Charges
                                                 0.6%              3.7%                4.3%
      Interruptible Contracts

   Weighted Average                         10 years             5 years            6 years
   Contract Life


                                                                                              7
*Excludes liquids and fuel retention revenues
Best Positioned Assets
                                                                       Changes 2007–2016 (Bcf/d)
                                           -2.0
                                                                               -1.3
                                                                 -1.0
              -0.7                                                                            0.6
                                    -0.8
                                                  -1.1

 -1.0

                                                                       0.4
                              2.7
                                                                                2.2
                                                     1.5
                                                                                                  1.1
                                                                 3.8                        0.6

                                                           4.9
                                                                                      1.2
   0.6
                                                                        2.1


                                                                         5.6
             0.6


                                                                        0.4
                                                                                                  8
Source: El Paso Corporation
Rockies Production Growth
                                                                                                                                         Wellhead Volumes in Bcf/d
      14
                                                                                                                                                        Forecast
                                        Denver
                                                                                                                                                         +3 Bcf/d
      12                                Piceance
                                        Uinta
                                        Powder River
      10
                                        Overthrust
                                        Green River
       8                                Wind River
                                        Big Horn
       6

                                                                                                                                           Forecast by 2016 (Bcf/d):
       4
                                                                                                                                           High Case                               13.3
                                                                                                                                           Mid Case                                11.9
       2
                                                                                                                                           Low Case                                10.4
       0
           1990
                  1991
                         1992
                                1993
                                       1994
                                              1995
                                                     1996
                                                            1997
                                                                   1998
                                                                          1999
                                                                                 2000
                                                                                        2001
                                                                                               2002
                                                                                                      2003
                                                                                                             2004
                                                                                                                    2005
                                                                                                                           2006
                                                                                                                                  2007
                                                                                                                                         2008
                                                                                                                                                2009
                                                                                                                                                       2010
                                                                                                                                                              2011
                                                                                                                                                                     2012
                                                                                                                                                                            2013
                                                                                                                                                                                   2014
                                                                                                                                                                                          2015
                                                                                                                                                                                                 2016
1990–2006: Wellhead total data from HIS database
2007–2016: El Paso forecast                                                                                                                                                                         9
Committed Expansion Projects
                                                                                                    $ Millions
                                                        2008–2009                  2010 & Beyond
                                           WIC       Kanda Lateral
                                                      Medicine Bow
                                                     Piceance Basin
                                            CIG       High Plains
                                                     Totem Storage


                                          SNG        Cypress (II&III)                 Cypress III
                                                         SESH                           SESH
                                                         SS III                         SS III

                  100% Share                                   $430                      $324
                  Net to EPB                                    156                        32

                                  Solid inventory of organic growth
Note: $ in each column represents costs for each project, shown in the year of expenditure;
      As of March 31, 2008                                                                                10
Wyoming Interstate Company—WIC
Organic Growth
                                                                          Powder River
                                                     WIC Medicine            Basin
                                                                                          Douglass
                                                    Bow Expansion                        Compressor
                                                        $37 MM                             Station
                                                    September 2008
                                                      330 MMcf/d
                                         Greater Green
           Opal Hub
                                                                    Contracted
                                          River Basin
                                                                     Capacity

                                   Wamsutter
                                                           WY
                                  Compression
              Contracted            Station
               Capacity


                                                  Midpoint
                                                Compression                          Cheyenne Hub
                                                  Station
                              CO
                                                   WIC Piceance Lateral
                Uinta
                                                         $62 MM
                Basin
                              Greasewood                 4Q 2009
                              Compressor               220 MMcf/d
                                Station
                                        Piceance
                         UT              Basin

                        Nearly $100 MM of committed growth projects
Note: As of March 31, 2008                                                                            11
Colorado Interstate Gas—CIG
Organic Growth
                                                                            SD
                     WY                                                                 Major Hubs
                                                                                        CIG Storage Fields
                                        Powder River
                                                                                        High Plains
                                           Basin
                     Wind River
                       Basin                                                            CIG
                     Greater Green                         NE         CIG High Plains
                      River Basin
                                                                         Pipeline
          Opal Hub
                                                                      $198 MM (100%)
        Overthrust                             Cheyenne Hub           November 2008
          Basin
                                                                        900 MMcf/d
                                                      DJ Basin
                Uinta
                Basin                                            CIG Totem Storage
                                                                  $133 MM (100%)
                             Piceance                                July 2009
         UT                   Basin                                 200 MMcf/d
                                CO                                             KS
                                                                          Beaver
                                                                        Compressor
                                                                          Station
                                              Raton
                                              Basin                       Anadarko
                                        NM                                  Basin

                $166 MM of CIG committed growth projects,
                           $17 MM net to EPB
                                                                                                             12
Note: As of March 31, 2008
Southern Natural Gas—SNG
Organic Growth

                                      SNG South System III/
            SNG SESH—Phase I
                                          SESH Phase II
                $150 MM
                                        $285 MM / $35 MM
                July 2008
                                           2010–2012
               140 MMcf/d
                                     370 MMcf/d / 350 MMcf/d


                                                                    SNG Cypress
                                                                    Phase II & III
                                                                  $20 MM / $85 MM
                                                               May 2008 / January 2011
                                                               115 MMcf/d / 160 MMcf/d




                 $575 MM of committed growth projects,
                         $58 MM net to EPB


Note: As of March 31, 2008                                                               13
Strong Financial Position
                                                     $ Millions

                                    March 31, 2008
      Cash and cash equivalents         $   9

      Revolving borrowings               495
      Capital lease obligations            8
       Total debt                        503
      Partners’ capital                  408
       Total capitalization             $911

      Credit Statistics
       Debt/capitalization               55%


            Well positioned for future growth

                                                          14
The MLP to Own
                                                    Strong sponsorship
                                                    Stable cash flow
                                                    Growth vehicle
                                                    Financial flexibility




    WIC
    CIG                              SNG

Diverse, growing supply regions   High connectivity to growing demand regions
                                                                                15
El Paso Pipeline Partners




            James C. Yardley
  President & Chief Executive Officer
El Paso Pipeline GP Company, L.L.C.

 2008 MLP Investor Conference
                 May 22, 2008
Appendix
El Paso Pipeline Group
                 North America’s Leading Natural Gas Pipeline Franchise
                                                                                  Tennessee
                                                 Wyoming                          Gas Pipeline
                 Colorado
                                                 Interstate
              Interstate Gas
                                                            Cheyenne
Mojave
                                                          Plains Pipeline
Pipeline

                                                                                                  Southern
                                                                                                 Natural Gas

                                                                                                         Elba Island
       El Paso
                                                                                                            LNG
      Natural Gas

                                 Mexico
                                                                                               Florida Gas
                                Ventures                                    Gulf LNG
                                                                                           Transmission (50%)
                                                                             (50%)

                      19% of total U.S. interstate pipeline mileage
                      24 Bcf/d capacity (16% of total U.S.)
                      17 Bcf/d throughput (28% of gas delivered to U.S. consumers)
Source: El Paso Corporation based on 2007 data
Note: Includes El Paso Corporation and El Paso Pipeline Partners, L.P.                                           18

Contenu connexe

Tendances

EP09_03LehmanFoshee_FINAL(Web)
EP09_03LehmanFoshee_FINAL(Web)EP09_03LehmanFoshee_FINAL(Web)
EP09_03LehmanFoshee_FINAL(Web)finance49
 
EP_10_07Smolik_IPAAOGIS(Web)
EP_10_07Smolik_IPAAOGIS(Web)EP_10_07Smolik_IPAAOGIS(Web)
EP_10_07Smolik_IPAAOGIS(Web)finance49
 
liberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINAL
liberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINALliberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINAL
liberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINALfinance43
 
Cr2 presentation - 1 q12
Cr2   presentation - 1 q12Cr2   presentation - 1 q12
Cr2 presentation - 1 q12SiteriCR2
 
Dgc 13 02_24-27_bmo metals and mining conference
Dgc 13 02_24-27_bmo metals and mining conferenceDgc 13 02_24-27_bmo metals and mining conference
Dgc 13 02_24-27_bmo metals and mining conferenceDetourGold
 
el paso 08_11_Leland_UBS
el paso  08_11_Leland_UBSel paso  08_11_Leland_UBS
el paso 08_11_Leland_UBSfinance49
 
ameren MorganStanley_040108
ameren MorganStanley_040108ameren MorganStanley_040108
ameren MorganStanley_040108finance30
 
public serviceenterprise group Lehman
public serviceenterprise group  Lehmanpublic serviceenterprise group  Lehman
public serviceenterprise group Lehmanfinance20
 
.integrysgroup 04/10/2008_slides
.integrysgroup 04/10/2008_slides.integrysgroup 04/10/2008_slides
.integrysgroup 04/10/2008_slidesfinance26
 
Ship Finance International Q4 2012 results presentation
Ship Finance International Q4 2012 results presentationShip Finance International Q4 2012 results presentation
Ship Finance International Q4 2012 results presentationTradeWindsnews
 
MEED Projects Oil and gas Webinar Presentation 10.12.12
MEED Projects Oil and gas Webinar Presentation 10.12.12MEED Projects Oil and gas Webinar Presentation 10.12.12
MEED Projects Oil and gas Webinar Presentation 10.12.12humeras
 
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...finance49
 

Tendances (13)

EP09_03LehmanFoshee_FINAL(Web)
EP09_03LehmanFoshee_FINAL(Web)EP09_03LehmanFoshee_FINAL(Web)
EP09_03LehmanFoshee_FINAL(Web)
 
EP_10_07Smolik_IPAAOGIS(Web)
EP_10_07Smolik_IPAAOGIS(Web)EP_10_07Smolik_IPAAOGIS(Web)
EP_10_07Smolik_IPAAOGIS(Web)
 
liberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINAL
liberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINALliberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINAL
liberty global 98D59FD4-AEFE-4E07-94BE-1D6D7EDB882C_Q4_2008_Presentation_FINAL
 
Cr2 presentation - 1 q12
Cr2   presentation - 1 q12Cr2   presentation - 1 q12
Cr2 presentation - 1 q12
 
Dgc 13 02_24-27_bmo metals and mining conference
Dgc 13 02_24-27_bmo metals and mining conferenceDgc 13 02_24-27_bmo metals and mining conference
Dgc 13 02_24-27_bmo metals and mining conference
 
Water Rate Litigation Update
Water Rate Litigation UpdateWater Rate Litigation Update
Water Rate Litigation Update
 
el paso 08_11_Leland_UBS
el paso  08_11_Leland_UBSel paso  08_11_Leland_UBS
el paso 08_11_Leland_UBS
 
ameren MorganStanley_040108
ameren MorganStanley_040108ameren MorganStanley_040108
ameren MorganStanley_040108
 
public serviceenterprise group Lehman
public serviceenterprise group  Lehmanpublic serviceenterprise group  Lehman
public serviceenterprise group Lehman
 
.integrysgroup 04/10/2008_slides
.integrysgroup 04/10/2008_slides.integrysgroup 04/10/2008_slides
.integrysgroup 04/10/2008_slides
 
Ship Finance International Q4 2012 results presentation
Ship Finance International Q4 2012 results presentationShip Finance International Q4 2012 results presentation
Ship Finance International Q4 2012 results presentation
 
MEED Projects Oil and gas Webinar Presentation 10.12.12
MEED Projects Oil and gas Webinar Presentation 10.12.12MEED Projects Oil and gas Webinar Presentation 10.12.12
MEED Projects Oil and gas Webinar Presentation 10.12.12
 
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
 

En vedette

hollycorp.annualreport.2003
hollycorp.annualreport.2003hollycorp.annualreport.2003
hollycorp.annualreport.2003finance49
 
el paso 2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409
el paso  2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409el paso  2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409
el paso 2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409finance49
 
hovnanian enterprises ar2003
hovnanian enterprises  ar2003hovnanian enterprises  ar2003
hovnanian enterprises ar2003finance49
 
el paso 11_20_Hopper_BofACreditConferenceFINALv2(Web)
el paso  11_20_Hopper_BofACreditConferenceFINALv2(Web)el paso  11_20_Hopper_BofACreditConferenceFINALv2(Web)
el paso 11_20_Hopper_BofACreditConferenceFINALv2(Web)finance49
 
universal helath services ar_2002
universal helath services  ar_2002universal helath services  ar_2002
universal helath services ar_2002finance49
 
el paso Intro_MacroOutlook
el paso  Intro_MacroOutlookel paso  Intro_MacroOutlook
el paso Intro_MacroOutlookfinance49
 
petsmart ar2004
petsmart  ar2004petsmart  ar2004
petsmart ar2004finance49
 
chiquita brands international 2007annual
chiquita brands international 2007annualchiquita brands international 2007annual
chiquita brands international 2007annualfinance49
 
erie insurance group 2004-annual-report
erie insurance group 2004-annual-reporterie insurance group 2004-annual-report
erie insurance group 2004-annual-reportfinance49
 
hovnanian enterprises ar1999
hovnanian enterprises  ar1999hovnanian enterprises  ar1999
hovnanian enterprises ar1999finance49
 
2Q_2008_Earnings_FINAL_(Web)
2Q_2008_Earnings_FINAL_(Web)2Q_2008_Earnings_FINAL_(Web)
2Q_2008_Earnings_FINAL_(Web)finance49
 
universal helath services 2004financials
universal helath services  2004financialsuniversal helath services  2004financials
universal helath services 2004financialsfinance49
 
PetSmartAR06
PetSmartAR06PetSmartAR06
PetSmartAR06finance49
 
hovnanian enterprises ar 2008
hovnanian enterprises ar 2008hovnanian enterprises ar 2008
hovnanian enterprises ar 2008finance49
 
chiquita brands international 2002annual
chiquita brands international 2002annualchiquita brands international 2002annual
chiquita brands international 2002annualfinance49
 

En vedette (18)

hollycorp.annualreport.2003
hollycorp.annualreport.2003hollycorp.annualreport.2003
hollycorp.annualreport.2003
 
el paso 2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409
el paso  2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409el paso  2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409
el paso 2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409
 
hovnanian enterprises ar2003
hovnanian enterprises  ar2003hovnanian enterprises  ar2003
hovnanian enterprises ar2003
 
el paso 11_20_Hopper_BofACreditConferenceFINALv2(Web)
el paso  11_20_Hopper_BofACreditConferenceFINALv2(Web)el paso  11_20_Hopper_BofACreditConferenceFINALv2(Web)
el paso 11_20_Hopper_BofACreditConferenceFINALv2(Web)
 
universal helath services ar_2002
universal helath services  ar_2002universal helath services  ar_2002
universal helath services ar_2002
 
el paso Intro_MacroOutlook
el paso  Intro_MacroOutlookel paso  Intro_MacroOutlook
el paso Intro_MacroOutlook
 
petsmart ar2004
petsmart  ar2004petsmart  ar2004
petsmart ar2004
 
ccc_1997AR
ccc_1997ARccc_1997AR
ccc_1997AR
 
UHS AR
UHS ARUHS AR
UHS AR
 
ccc_2000AR
ccc_2000ARccc_2000AR
ccc_2000AR
 
chiquita brands international 2007annual
chiquita brands international 2007annualchiquita brands international 2007annual
chiquita brands international 2007annual
 
erie insurance group 2004-annual-report
erie insurance group 2004-annual-reporterie insurance group 2004-annual-report
erie insurance group 2004-annual-report
 
hovnanian enterprises ar1999
hovnanian enterprises  ar1999hovnanian enterprises  ar1999
hovnanian enterprises ar1999
 
2Q_2008_Earnings_FINAL_(Web)
2Q_2008_Earnings_FINAL_(Web)2Q_2008_Earnings_FINAL_(Web)
2Q_2008_Earnings_FINAL_(Web)
 
universal helath services 2004financials
universal helath services  2004financialsuniversal helath services  2004financials
universal helath services 2004financials
 
PetSmartAR06
PetSmartAR06PetSmartAR06
PetSmartAR06
 
hovnanian enterprises ar 2008
hovnanian enterprises ar 2008hovnanian enterprises ar 2008
hovnanian enterprises ar 2008
 
chiquita brands international 2002annual
chiquita brands international 2002annualchiquita brands international 2002annual
chiquita brands international 2002annual
 

Similaire à el paso 05_22%20Yardley_MLP%20Investor%20Confr_FINAL(Web)

xcel energy West_Coast_Road
xcel energy  West_Coast_Roadxcel energy  West_Coast_Road
xcel energy West_Coast_Roadfinance26
 
xcel energy West_Coast_Road
xcel energy  West_Coast_Roadxcel energy  West_Coast_Road
xcel energy West_Coast_Roadfinance26
 
xcel energy AGA_May_2008
xcel energy  AGA_May_2008xcel energy  AGA_May_2008
xcel energy AGA_May_2008finance26
 
xcel energy AGA_May_2008
xcel energy  AGA_May_2008xcel energy  AGA_May_2008
xcel energy AGA_May_2008finance26
 
.integrysgroup 03/25/2008_slides
.integrysgroup 03/25/2008_slides.integrysgroup 03/25/2008_slides
.integrysgroup 03/25/2008_slidesfinance26
 
xcel energy RBC_July_2008
xcel energy  RBC_July_2008xcel energy  RBC_July_2008
xcel energy RBC_July_2008finance26
 
xcel energy RBC_July_2008
xcel energy  RBC_July_2008xcel energy  RBC_July_2008
xcel energy RBC_July_2008finance26
 
xcel energy BAC_Presentation_112007_Final
xcel energy  BAC_Presentation_112007_Finalxcel energy  BAC_Presentation_112007_Final
xcel energy BAC_Presentation_112007_Finalfinance26
 
xcel energy BAC_Presentation_112007_Final
xcel energy  BAC_Presentation_112007_Finalxcel energy  BAC_Presentation_112007_Final
xcel energy BAC_Presentation_112007_Finalfinance26
 
xcel energy RBC_August_2008
xcel energy  RBC_August_2008xcel energy  RBC_August_2008
xcel energy RBC_August_2008finance26
 
xcel energy RBC_August_2008
xcel energy  RBC_August_2008xcel energy  RBC_August_2008
xcel energy RBC_August_2008finance26
 
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...finance49
 
xcel energy 4_10MinneapolisInvestorMtgSECApril2007
xcel energy  4_10MinneapolisInvestorMtgSECApril2007xcel energy  4_10MinneapolisInvestorMtgSECApril2007
xcel energy 4_10MinneapolisInvestorMtgSECApril2007finance26
 
xcel energy 4_10MinneapolisInvestorMtgSECApril2007
xcel energy  4_10MinneapolisInvestorMtgSECApril2007xcel energy  4_10MinneapolisInvestorMtgSECApril2007
xcel energy 4_10MinneapolisInvestorMtgSECApril2007finance26
 
el paso MerrillLynch_FINAL(Web)
el paso  MerrillLynch_FINAL(Web)el paso  MerrillLynch_FINAL(Web)
el paso MerrillLynch_FINAL(Web)finance49
 
5_2 AGASEC 04/29 /2007
5_2 AGASEC 04/29 /20075_2 AGASEC 04/29 /2007
5_2 AGASEC 04/29 /2007finance26
 
xcel energy 5_2A GASEC04/29/2007
xcel energy  5_2A GASEC04/29/2007xcel energy  5_2A GASEC04/29/2007
xcel energy 5_2A GASEC04/29/2007finance26
 
Santander campos jordao
Santander campos jordaoSantander campos jordao
Santander campos jordaoPetrobras
 
xcel energy ML_Sept_2008
xcel energy  ML_Sept_2008xcel energy  ML_Sept_2008
xcel energy ML_Sept_2008finance26
 
xcel energy ML_Sept_2008
xcel energy  ML_Sept_2008xcel energy  ML_Sept_2008
xcel energy ML_Sept_2008finance26
 

Similaire à el paso 05_22%20Yardley_MLP%20Investor%20Confr_FINAL(Web) (20)

xcel energy West_Coast_Road
xcel energy  West_Coast_Roadxcel energy  West_Coast_Road
xcel energy West_Coast_Road
 
xcel energy West_Coast_Road
xcel energy  West_Coast_Roadxcel energy  West_Coast_Road
xcel energy West_Coast_Road
 
xcel energy AGA_May_2008
xcel energy  AGA_May_2008xcel energy  AGA_May_2008
xcel energy AGA_May_2008
 
xcel energy AGA_May_2008
xcel energy  AGA_May_2008xcel energy  AGA_May_2008
xcel energy AGA_May_2008
 
.integrysgroup 03/25/2008_slides
.integrysgroup 03/25/2008_slides.integrysgroup 03/25/2008_slides
.integrysgroup 03/25/2008_slides
 
xcel energy RBC_July_2008
xcel energy  RBC_July_2008xcel energy  RBC_July_2008
xcel energy RBC_July_2008
 
xcel energy RBC_July_2008
xcel energy  RBC_July_2008xcel energy  RBC_July_2008
xcel energy RBC_July_2008
 
xcel energy BAC_Presentation_112007_Final
xcel energy  BAC_Presentation_112007_Finalxcel energy  BAC_Presentation_112007_Final
xcel energy BAC_Presentation_112007_Final
 
xcel energy BAC_Presentation_112007_Final
xcel energy  BAC_Presentation_112007_Finalxcel energy  BAC_Presentation_112007_Final
xcel energy BAC_Presentation_112007_Final
 
xcel energy RBC_August_2008
xcel energy  RBC_August_2008xcel energy  RBC_August_2008
xcel energy RBC_August_2008
 
xcel energy RBC_August_2008
xcel energy  RBC_August_2008xcel energy  RBC_August_2008
xcel energy RBC_August_2008
 
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...el paso  D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
el paso D7A9D355-197F-480A-8FF4-86834B0DD876_EP_4Q_2008_Earnings_FINAL(Color...
 
xcel energy 4_10MinneapolisInvestorMtgSECApril2007
xcel energy  4_10MinneapolisInvestorMtgSECApril2007xcel energy  4_10MinneapolisInvestorMtgSECApril2007
xcel energy 4_10MinneapolisInvestorMtgSECApril2007
 
xcel energy 4_10MinneapolisInvestorMtgSECApril2007
xcel energy  4_10MinneapolisInvestorMtgSECApril2007xcel energy  4_10MinneapolisInvestorMtgSECApril2007
xcel energy 4_10MinneapolisInvestorMtgSECApril2007
 
el paso MerrillLynch_FINAL(Web)
el paso  MerrillLynch_FINAL(Web)el paso  MerrillLynch_FINAL(Web)
el paso MerrillLynch_FINAL(Web)
 
5_2 AGASEC 04/29 /2007
5_2 AGASEC 04/29 /20075_2 AGASEC 04/29 /2007
5_2 AGASEC 04/29 /2007
 
xcel energy 5_2A GASEC04/29/2007
xcel energy  5_2A GASEC04/29/2007xcel energy  5_2A GASEC04/29/2007
xcel energy 5_2A GASEC04/29/2007
 
Santander campos jordao
Santander campos jordaoSantander campos jordao
Santander campos jordao
 
xcel energy ML_Sept_2008
xcel energy  ML_Sept_2008xcel energy  ML_Sept_2008
xcel energy ML_Sept_2008
 
xcel energy ML_Sept_2008
xcel energy  ML_Sept_2008xcel energy  ML_Sept_2008
xcel energy ML_Sept_2008
 

Plus de finance49

jarden 2001_ar
jarden   2001_arjarden   2001_ar
jarden 2001_arfinance49
 
jarden 2001_ar
jarden   2001_arjarden   2001_ar
jarden 2001_arfinance49
 
jarden 2002_AR
jarden   2002_ARjarden   2002_AR
jarden 2002_ARfinance49
 
jarden 2002_AR
jarden   2002_ARjarden   2002_AR
jarden 2002_ARfinance49
 
jarden 2004AR
jarden   2004ARjarden   2004AR
jarden 2004ARfinance49
 
jarden 2004AR
jarden   2004ARjarden   2004AR
jarden 2004ARfinance49
 
jarden AR2006
jarden   AR2006jarden   AR2006
jarden AR2006finance49
 
chiquita brands international annual
chiquita brands international annualchiquita brands international annual
chiquita brands international annualfinance49
 
chiquita brands international 2000annual
chiquita brands international 2000annualchiquita brands international 2000annual
chiquita brands international 2000annualfinance49
 
chiquita brands international 2001annual
chiquita brands international 2001annualchiquita brands international 2001annual
chiquita brands international 2001annualfinance49
 
chiquita brands international 2003annual
chiquita brands international 2003annualchiquita brands international 2003annual
chiquita brands international 2003annualfinance49
 
chiquita brands international 2004annual
chiquita brands international 2004annualchiquita brands international 2004annual
chiquita brands international 2004annualfinance49
 
chiquita brands international 2005annual
chiquita brands international 2005annualchiquita brands international 2005annual
chiquita brands international 2005annualfinance49
 
chiquita brands international 2006annual
chiquita brands international 2006annualchiquita brands international 2006annual
chiquita brands international 2006annualfinance49
 

Plus de finance49 (20)

Jah112008
Jah112008Jah112008
Jah112008
 
Jah112008
Jah112008Jah112008
Jah112008
 
jarden 2001_ar
jarden   2001_arjarden   2001_ar
jarden 2001_ar
 
jarden 2001_ar
jarden   2001_arjarden   2001_ar
jarden 2001_ar
 
jarden 2002_AR
jarden   2002_ARjarden   2002_AR
jarden 2002_AR
 
jarden 2002_AR
jarden   2002_ARjarden   2002_AR
jarden 2002_AR
 
Jarden_AR
Jarden_ARJarden_AR
Jarden_AR
 
Jarden_AR
Jarden_ARJarden_AR
Jarden_AR
 
jarden 2004AR
jarden   2004ARjarden   2004AR
jarden 2004AR
 
jarden 2004AR
jarden   2004ARjarden   2004AR
jarden 2004AR
 
jarden ar05
jarden   ar05jarden   ar05
jarden ar05
 
jarden ar05
jarden   ar05jarden   ar05
jarden ar05
 
jarden AR2006
jarden   AR2006jarden   AR2006
jarden AR2006
 
chiquita brands international annual
chiquita brands international annualchiquita brands international annual
chiquita brands international annual
 
chiquita brands international 2000annual
chiquita brands international 2000annualchiquita brands international 2000annual
chiquita brands international 2000annual
 
chiquita brands international 2001annual
chiquita brands international 2001annualchiquita brands international 2001annual
chiquita brands international 2001annual
 
chiquita brands international 2003annual
chiquita brands international 2003annualchiquita brands international 2003annual
chiquita brands international 2003annual
 
chiquita brands international 2004annual
chiquita brands international 2004annualchiquita brands international 2004annual
chiquita brands international 2004annual
 
chiquita brands international 2005annual
chiquita brands international 2005annualchiquita brands international 2005annual
chiquita brands international 2005annual
 
chiquita brands international 2006annual
chiquita brands international 2006annualchiquita brands international 2006annual
chiquita brands international 2006annual
 

Dernier

Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxsimon978302
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptPriyankaSharma89719
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consultingswastiknandyofficial
 
Banking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxBanking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxANTHONYAKINYOSOYE1
 
2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptxHenry Tapper
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderArianna Varetto
 
The top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdfThe top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdfJhon Thompson
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGeckoCoinGecko
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppttadegebreyesus
 
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...Amil baba
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Amil baba
 
Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Precize Formely Leadoff
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial managementshrutisingh143670
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfHenry Tapper
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfMichael Silva
 
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxDrRkurinjiMalarkurin
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in indiavandanasingh01072003
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书rnrncn29
 

Dernier (20)

Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptx
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consulting
 
Banking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxBanking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptx
 
2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
 
The top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdfThe top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdf
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppt
 
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
 
Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial management
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdf
 
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in india
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
 

el paso 05_22%20Yardley_MLP%20Investor%20Confr_FINAL(Web)

  • 1. El Paso Pipeline Partners James C. Yardley President & Chief Executive Officer El Paso Pipeline GP Company, L.L.C. 2008 MLP Investor Conference May 22, 2008
  • 2. Cautionary Statement Regarding Forward-Looking Statements This presentation includes forward-looking statements and projections, made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. El Paso Pipeline Partners has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this presentation, including, without limitation, the ability to obtain necessary governmental approvals for proposed pipeline projects and to successfully construct and operate such projects; operating hazards, natural disasters, weather-related delays, casualty losses and other matters beyond our control; the risks associated with recontracting of transportation commitments; regulatory uncertainties associated with pipeline rate cases and other tariff filings; actions taken by third-party operators, processors and transporters; conditions in geographic regions or markets served by El Paso Pipeline Partners and its affiliates and equity investees or where its operations and affiliates are located; the effects of existing and future laws and governmental regulations; competitive conditions in our industry; changes in the availability and cost of capital; and other factors described in El Paso Pipeline Partners’ (and its affiliates’) Securities and Exchange Commission filings. While these statements and projections are made in good faith, El Paso Pipeline Partners and its management cannot guarantee that anticipated future results will be achieved. Reference must be made to those filings for additional important factors that may affect actual results. El Paso Pipeline Partners assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made, whether as a result of new information, future events, or otherwise. 2
  • 3. Investment Highlights El Paso is the premier U.S. natural gas pipeline company Strong Sponsorship Alignment of interests (67% ownership + IDRs) 90%+ revenue from capacity reservation charges Stable Cash Flow Average contract life of more than 8 years Strategic growth vehicle for El Paso Well located, high-quality assets Growth Vehicle Significant contracted organic growth projects Growth through potential acquisitions - third party, drop down or both Financial Strong and flexible financial position Flexibility 3
  • 4. MLP Opportunities High Price stability Cash Flow Stability Interstate Long-term firm Pipelines demand contracts Stable asset base Majority of alternative MLP’s Low Low Asset Life High 4
  • 5. El Paso Pipeline Partners Primary focus is natural gas transmission and storage assets Three FERC regulated interstate pipelines: 100% of WIC: 800 miles, 2.7 Bcf/d 10% of CIG: 4,000 miles, 3.0 Bcf/d 10% of SNG: 7,600 miles, 3.7 Bcf/d Demand-based revenues from high- quality customers with strong credit profiles Several organic expansions underway WIC CIG SNG Diverse, growing supply regions High connectivity to growing demand regions 5
  • 6. Sponsor Committed to Growth Public Unitholders 28,437,786 EPB Common Units 28,756,250 EPB 27,727,411 EPB Subordinated Units Common Units GP interest and incentive distribution rights 64.8% LP 33.2% LP 2.0% GP Commitment to Growth Organic projects Third-party acquisitions Drop downs from El Paso Most pipeline assets suitable for MLP $2.4 billion NOL at December 31, 2007 6
  • 7. Stable Cash Flow Capacity reservation charges result in cash flow stability 2007 Revenue Composition* WIC CIG SNG Capacity Reservation Charges 98.1% 89.3% 88.3% 1.3% 7.0% 7.4% Variable Charges 0.6% 3.7% 4.3% Interruptible Contracts Weighted Average 10 years 5 years 6 years Contract Life 7 *Excludes liquids and fuel retention revenues
  • 8. Best Positioned Assets Changes 2007–2016 (Bcf/d) -2.0 -1.3 -1.0 -0.7 0.6 -0.8 -1.1 -1.0 0.4 2.7 2.2 1.5 1.1 3.8 0.6 4.9 1.2 0.6 2.1 5.6 0.6 0.4 8 Source: El Paso Corporation
  • 9. Rockies Production Growth Wellhead Volumes in Bcf/d 14 Forecast Denver +3 Bcf/d 12 Piceance Uinta Powder River 10 Overthrust Green River 8 Wind River Big Horn 6 Forecast by 2016 (Bcf/d): 4 High Case 13.3 Mid Case 11.9 2 Low Case 10.4 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1990–2006: Wellhead total data from HIS database 2007–2016: El Paso forecast 9
  • 10. Committed Expansion Projects $ Millions 2008–2009 2010 & Beyond WIC Kanda Lateral Medicine Bow Piceance Basin CIG High Plains Totem Storage SNG Cypress (II&III) Cypress III SESH SESH SS III SS III 100% Share $430 $324 Net to EPB 156 32 Solid inventory of organic growth Note: $ in each column represents costs for each project, shown in the year of expenditure; As of March 31, 2008 10
  • 11. Wyoming Interstate Company—WIC Organic Growth Powder River WIC Medicine Basin Douglass Bow Expansion Compressor $37 MM Station September 2008 330 MMcf/d Greater Green Opal Hub Contracted River Basin Capacity Wamsutter WY Compression Contracted Station Capacity Midpoint Compression Cheyenne Hub Station CO WIC Piceance Lateral Uinta $62 MM Basin Greasewood 4Q 2009 Compressor 220 MMcf/d Station Piceance UT Basin Nearly $100 MM of committed growth projects Note: As of March 31, 2008 11
  • 12. Colorado Interstate Gas—CIG Organic Growth SD WY Major Hubs CIG Storage Fields Powder River High Plains Basin Wind River Basin CIG Greater Green NE CIG High Plains River Basin Pipeline Opal Hub $198 MM (100%) Overthrust Cheyenne Hub November 2008 Basin 900 MMcf/d DJ Basin Uinta Basin CIG Totem Storage $133 MM (100%) Piceance July 2009 UT Basin 200 MMcf/d CO KS Beaver Compressor Station Raton Basin Anadarko NM Basin $166 MM of CIG committed growth projects, $17 MM net to EPB 12 Note: As of March 31, 2008
  • 13. Southern Natural Gas—SNG Organic Growth SNG South System III/ SNG SESH—Phase I SESH Phase II $150 MM $285 MM / $35 MM July 2008 2010–2012 140 MMcf/d 370 MMcf/d / 350 MMcf/d SNG Cypress Phase II & III $20 MM / $85 MM May 2008 / January 2011 115 MMcf/d / 160 MMcf/d $575 MM of committed growth projects, $58 MM net to EPB Note: As of March 31, 2008 13
  • 14. Strong Financial Position $ Millions March 31, 2008 Cash and cash equivalents $ 9 Revolving borrowings 495 Capital lease obligations 8 Total debt 503 Partners’ capital 408 Total capitalization $911 Credit Statistics Debt/capitalization 55% Well positioned for future growth 14
  • 15. The MLP to Own Strong sponsorship Stable cash flow Growth vehicle Financial flexibility WIC CIG SNG Diverse, growing supply regions High connectivity to growing demand regions 15
  • 16. El Paso Pipeline Partners James C. Yardley President & Chief Executive Officer El Paso Pipeline GP Company, L.L.C. 2008 MLP Investor Conference May 22, 2008
  • 18. El Paso Pipeline Group North America’s Leading Natural Gas Pipeline Franchise Tennessee Wyoming Gas Pipeline Colorado Interstate Interstate Gas Cheyenne Mojave Plains Pipeline Pipeline Southern Natural Gas Elba Island El Paso LNG Natural Gas Mexico Florida Gas Ventures Gulf LNG Transmission (50%) (50%) 19% of total U.S. interstate pipeline mileage 24 Bcf/d capacity (16% of total U.S.) 17 Bcf/d throughput (28% of gas delivered to U.S. consumers) Source: El Paso Corporation based on 2007 data Note: Includes El Paso Corporation and El Paso Pipeline Partners, L.P. 18