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Enron Mail |
On May 24th McGee spoke to Zaman concerning the Task Force's response to
Transwestern's March 15th offer. Zaman relayed that the Task Force met last week (there was not a quorum) and he discussed Transwestern's request for a timely response. The Task Force is still waiting for a report from a third party consultant. Without directly saying so, Zaman indicated that this consultant's report is more in the nature of the future of natural gas markets generally than an analysis of Transwestern'saoffer. McGee was able to obtain from Zaman some information concerning Zaman's recommendation to the Task Force. Zaman is recommending both a larger up front payment and a higher rate per mmbtu on transportation volumes. Zaman would not divulge the magnitude of either component. The Task Force is currently meeting once a month. Zaman has recommended that the Task Force provide Transwestern a written response with enough time to digest the counter offer prior to a meeting with the full Task Force. This approach fits well with Transwestern's requirements regardless of whether Transwestern is forced to pursue litigation or continues to proceed solely with negotiation. Zaman promised to contact Trujillo and encourage a response in the near future. McGee and Zaman discussed a possible meeting with the Task Force in June but this will depend on when the Task Force decides to issue a response and scheduling concerns.
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