ABOUT THE ASSETS

The Henry Hub Sabine Pipe Line LLC owns and operates the Henry Hub, which is the centralized point for natural gas futures trading in the U. S. The Henry Hub offers shippers access to pipelines that have markets in the Midwest, Northeast, Southeast and Gulf Coast regions of the United States. The Henry Hub interconnects with nine interstate and four intrastate pipelines including the following: Acadian, Columbia Gulf, Gulf South Pipeline, Bridgeline, NGPL, Sea Robin, Southern, Texas Gas, Trunkline, Jefferson Island, and Sabine’s mainline Sabine’s compressor stations at the Henry Hub provide the additional operational flexibility necessary to make deliveries to high-pressure pipelines. Sabine pioneered the first Operational Balancing Agreement in the industry with NGPL in 1989. Operational Balancing Agreements exist at all points at the Henry Hub and are beneficial to Sabine’s customers because they provide greater confidence that every dekatherm that is scheduled will be delivered.