– Fred Hunzeker, president of Tenaska Marketing Ventures
Tenaska Marketing Ventures/Tenaska Marketing Canada (collectively TMV), a leading North American natural gas marketing organization, has a unique ability to create specialized solutions for customers of nearly any size.
TMV ranks among the 10 largest daily traders in the North American natural gas market. In 2007, TMV sold or managed 1.86 trillion cubic feet, approximately 8 percent of total U.S. natural gas consumption.
TMV's geographical area has expanded to cover nearly all of North America, transporting gas on virtually every major pipeline system. In addition to its headquarters office in Omaha, Nebraska, there are offices in Calgary, Alberta, Canada; Dallas, Texas; and Denver, Colorado.
In 2007, TMV announced a partnership with AIG Financial Products (AIG-FP), a member company of American International Group, Inc. (AIG). The partnership is designed to enhance TMV's ability to serve its customers. Tenaska continues as the managing partner and TMV customers will continue to see no change in the company's basic approach to business. They will continue to work with the same TMV employees, who will provide their consistent expertise, focus and quality of service. But those employees will be able to do larger and longer transactions with a broader scope of financial products.
TMV's business is receiving the benefit of the joint support of the AA-rated AIG's financial strength, in addition to the Tenaska balance sheet and a $1 billion line of credit. The new partnership was finalized on March 31, 2007.
TMV's ability to create specialized solutions for customers of nearly any size has positioned the organization among the leading energy companies. The company's intimate knowledge of the market enables TMV to outperform nationally focused companies and deliver faster service, more market opportunities, and reliable, cost-effective energy supplies. TMV's steady growth is, in large part, a result of its willingness to provide value and manage risk for utilities, pipelines, producers and large industrial users. In 2006, a Mastio & Company customer survey again named TMV as one of the top ten gas marketing companies as measured by customer satisfaction.
For more information, check out Tenaska Gas Co.