Enron Mail

From:frank.vickers@enron.com
To:john.hodge@enron.com
Subject:Re: Iroquois Gas Transmission's Eastchester Expansion
Cc:
Bcc:
Date:Tue, 6 Feb 2001 04:14:00 -0800 (PST)

John, can you give me an education on this ?

Frank






John Hodge
02/06/2001 11:58 AM
To: Ruth Concannon/HOU/ECT@ECT, Frank W Vickers/NA/Enron@Enron, Gil
Muhl/Corp/Enron@ENRON, Phil DeMoes/Corp/Enron@ENRON, David
Jones/NA/Enron@ENRON, Robin Barbe/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Brad
McKay/HOU/ECT@ECT, Sean Boyle/Corp/Enron@ENRON, Julie A Gomez/HOU/ECT@ECT
cc:

Subject: Iroquois Gas Transmission's Eastchester Expansion

Iroquois has shuffled their customer base for the expansion into New York
City beginning in November 2002. The following customers have executed
binding Precedent Agreements for 10 year contracts that would require a
buy-out if the shipper tried to exit:

Volume

Con Ed 30,000 Dthd
Keyspan Ravenswood 60,000
Mirant Corporation 60,000
Orion Power 60,000
Virginia Power Energy Marketing 20,000

Total 230,000 Dthd

Iroquois has changed their interconnect with Con Ed to the Throgs Neck
section of the Bronx along the East River. They are also starting to plan an
expansion of the Eastchester project that will increase deliveries by 100,000
to 200,000 Dthd beginning in the 2004-2005 time frame. This expansion is
timed similar to the recently announced plans by Duke/Keyspan and El Paso for
projects into Long Island. Iroquois is targeting NYPA, NRG and other
announced merchant plants.