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Enron Mail |
I have a couple of questions about the GELP contract. First, in the
agreement's Attachment A, there are several fuel contracts agreements listed that GELP has (or had) in place with various counterparties. I'm wondering what the status of these agreements is--have they expired, are they still in place, etc. These agreements are: Purchase Agreements: Union Pacific Fuels--I understand that this is the Duke contract that currently supplies GELP--Can we get a copy of this agreement? Tejas Power Corporation--Expired ??? Columbia Energy Services Corporation dated 1/15/96 - Expired ??? Storage Agreements Columbia Gas Transmission SIT #41825 - Status ?? Transportation Agreements CGT-IT agreement #41828 - I'm assuming this is the agreement used to get gas to GELP--is Duke or CES agent on this? Commonwealth Gas Services - same question as CGT IT agreement Note: According to the billing calculations, it appears that the Duke supply arrangement must have some FT transport--whose name is that in? Other Contracts Transco - to be acquired - Is there an IT agreement on Transco that is used? If so, we need contract # and is someone agent on the transport? Also, in the GELP agreement you indicated that you get real time meter information from a Bristol RTU. How will ENA get this meter information? Also, just in general--could you explain your perspective on the value proposition in this agreement? I understand that there is a $5000 fee you receive each month that accompanies alot of reporting responsibilities. Since the data you provided for last year showed very little gas deliveries in the "winter period" (where you would receive $.05/MMBtu additional compensation), there doesn't seem to be much up side value there. Are there other values you see to this deal that we may be missing? Thanks for your assistance.
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