Re: For Approval- USGT, Astra Contracts

Jeff and I just talked and Jeff is going to go back to USGT and Astra and
negotiate a fix to the release issue--new drafts will be circulated. DF

Jeffery Fawcett
02/07/2001 11:58 AM
To: Drew Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen
Hass/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON
cc: Martha Cormier/ET&S/Enron@ENRON, Nancy Bagot/OTS/Enron@ENRON

Subject: For Approval- USGT, Astra Contracts

Attached are three (3) Agreements for your review and approval. If approved,
please so indicate by replying to this email.

1. USGT (Amendment #6), extending term of 400,000 MMBtu/d, East - East to
03/31/01 with new pricing provisions.
2. USGT (Amendment #7), amends pricing for alternate flows during existing
contract term from $0.04 to $0.15/MMBtu.
2. Astra Power LLC, new contract for 50,000 MMBtu/d, East - East capacity
from 03/01/01 to 03/31/03.

USGT Amendment #6 has received both credit and capacity approval.
USGT Amendment #7 requires no capacity approval. Credit will be notified of
change in rates.
Astra has received capacity approval, and is awaiting parental guarantee
letter in order to clear credit.