Enron Mail

From:donna.greif@enron.com
To:sherry.anastas@enron.com, angel.fuller@enron.com, katherine.kelly@enron.com,jim.pond@enron.com, bryce.baxter@enron.com, john.valdes@enron.com, mark.mcclure@enron.com, chris.germany@enron.com, victor.lamadrid@enron.com, robert.superty@enron.com, joan
Subject:Columbia Gas - Pathing Arrangements & Storage Valuation
Cc:diane.cook@enron.com, bob.hall@enron.com
Bcc:diane.cook@enron.com, bob.hall@enron.com
Date:Wed, 13 Sep 2000 04:07:00 -0700 (PDT)

Yesterday, Logistics, Volume Management and the CGAS Trader met to discuss
pathing arrangements for the CES Storage deal.

C R I T I C AL I N F O R M A T I O N F O R V O L U M E M A N A G E M
E N T
* All Storage Account Balances for contracts 67713, 51407 and 39607 should
not be valued as an ENA asset
- The storage inventory is CES's inventory and NOT owned by ENA.
- The storage inventory on contracts 67713, 51407 and 39607 should NOT be
part of the UA4 calculation
- Fuel associated with storage injection should be part of
* The "Select Point" feature will be used to create the sale to CES in
storage. This pathing process will allow deal
to be settled.
-The "Point" balances should NOT be part of the UA4 calculation


Logistics is in the process of correcting pathing arrangements for the
injection season to match the schematic as provided below. Once this is
completed, Volume Management can complete the actualization process.

Logistics did make part of the corrections needed for the withdrawal season,
to allow actualization on the storage contract; yet did not redo the
transportation piece. Due to this, the pipeline is not in balance.

Logistics would like to meet with Volume Management and discuss this clean up
process. I will try to set up a meeting for next week (Anastas, Kelly,
Lamadrid, Collins, Fuller, Superty & me). How does Wednesday afternoon
(9/20/00 at 2 p.m.) look for you guys?

Please get with me if you have any questions. If you could also please
forward to anyone I may have excluded from this email.

Thanks,

dg

Pathing arrangements for CES Storage deals should be created following the
schematics below.