1. Consultation on disposal of part of NTS for CCS 11 May 2009 Bogdan Kowalewicz

2. 2 Initial consultation Describe CCS opportunity Outline proposal Present initial analysis Invites responses and seek views on all aspects of proposal

3. 3 Key Issues Regulatory issues Legal framework Considerations for Ofgem in reaching a decision ------------------------------------------------------------------------ Valuation of assets Commercial options

4. 4 Regulatory concerns Baselines and Buy-back NGG Estimated Impact Value Delivery lead times for an additional compressor Security of Supply Considerations Entry capacity substitution

5. 5 Future flows and network capability Future network requirements NGG view of St. Fergus capability St. Fergus historic flows St. Fergus forecast flows 2013 – 2018

6. 6 Next steps Review Responses Further analysis Publish second consultation document Consultation close on 22 May 2009

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