Enron Mail

From:chris.germany@enron.com
To:stephanie.sever@enron.com
Subject:Equitabel Gas Company Exchange on Tetco
Cc:
Bcc:
Date:Wed, 8 Mar 2000 10:05:00 -0800 (PST)

Hey!
---------------------- Forwarded by Chris Germany/HOU/ECT on 03/08/2000 06:04
PM ---------------------------


Chris Germany
01/04/2000 07:33 PM
To: David Oliver/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT, Stephanie
Sever/HOU/ECT@ECT
cc: Katherine L Kelly/HOU/ECT@ECT, Victoria Versen/HOU/ECT@ECT, Meredith
Mitchell/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT
Subject: Equitabel Gas Company Exchange on Tetco

CES has a synthetic storage deal with Equitable Gas Company on Texas
Eastern. CES gave Equitable 100,000 dth in April 1999 and Equitable is
giving CES the gas back in January 2000 in Tetco M2. According to my new
best buddy Fred at Equitable, CES will pay Equitable $.65 /dth after the
January transaction is complete.

Here are my questions/comments;

1. David - please look at the new deal I created for this exchange (deal
146788). The existing deal (deal 138741) is set up as a pipeline exchange.
I believe the counterparty should be Equitable Gas Company which is the LDC.
If it looks OK to you, I will kill the old deal and add the volumes to the
new deal. Please let me know ASAP.

2. Linda/David - do we have CES's contract with Equitable? I would like to
see a) what CES was paying Equitable for this deal and b) when the payment
was due.

3. David/Stephanie - if the deal is structured the way Fred described it
above, where do we put the $.65 fee at?

4. Linda - Fred has not received any assignment notices regarding CES
deals. He doesn't know if he should bill CES or Enron North America. Who
should he talk to about that??


Please forward this email to others that may need to see it.

Thanks