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Enron Mail |
Sunniland: Working with Lou Soldano in getting the sale approved by the creditor committee/bankruptcy trustee. Ballentine would like to know that the sale is not affected by Enron's bankruptcy and that his earnest money deposit can be made in an escrow account.
Sun Devil: Reviewed project with mgt. Met with Panda on 18 Dec to progress commercial discussions. Organized follow-up meeting with Pinnacle West on 10 Jan to progress negotiations. Continue to work on rate design. Investigating commercial opportunities for line pack and firm park + loan. ANNGTC: Met in Calgary on 18-19 Dec to complete commercial proposal to ANS producers. Will pitch proposal to ANS producers in Anchorage on 8 Jan. Base case is a 48" pipeline with 4.5 Bcf/d capacity, expandable to 5.4 Bcf/d. Indicated toll is $1.17 + 3.&% fuel from Alaska North Slope to Gordondale. Project yeilds 14% ROE. Lukewarm feedback from attendees regarding sale of Enron's residual interests. Staffing: John Millar to transfer to EOTT during January. Blythe==<Baja extension: Peter Lund, PGT, expressed interest in discussing possible TW expansion to Blythe to serve growth to Baja. Will organize a meeting early in the new year to explore possibilities.
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