State of New Jersey Natural Gas Supply

fyi, please follow up with Jennifer to determine status and what follow up
needs to be done.
---------------------- Forwarded by Scott Neal/HOU/ECT on 10/12/2000 05:44 AM
---------------------------

From: Jennifer Fraser 09/28/2000 10:23 AM

To: Fred Lagrasta/HOU/ECT, Scott Neal/HOU/ECT@ECT, Mark Ziolkowski/HOU/EES@EES
cc:
Subject: State of New Jersey Natural Gas Supply

The state of NJ has an RFP out for 7 months supply beginning Dec 1,2000. The
volumes are as follows
All deliveries to City Gate:
( Total Volume for 7 months -Therms)
FT
NJ Nat Gas: 1,070,845
Elizabethtown; 179,955
PSE&G: 7,592,092
South Jersey:325,842

IT(LDC)
PSEG; 251,814
South Jersey;728,801

The mandatory bid meeting was this morning. I asked the guys in the NJ EES
office to attend. We are meeting tomorrow to discuss this and the rest of the
state's needs (Up to 5 contracts /day). This RFP is very small, but there are
bigger rfp's to come. Furthermore, NJ transit is also bidding ga and is
considering long-term supplies (5 - 10 yrs) as an alternative to the current
high one year prices. I will keep everyone informed as this progresses.

Thanks
Jennifer