RE: ENA's position on Bridgeline Storage/Transport

Suggest we hold off for now until we get the working gas deal done with Bridgeline. Its good info to know that someone is interested in the capacity.

-----Original Message-----
From: Meyer, Chris
Sent: Tuesday, January 22, 2002 3:21 PM
To: Nemec, Gerald; Zisman, Stuart
Cc: Parks, Joe; Redmond, Brian
Subject: ENA's position on Bridgeline Storage/Transport

Spoke w/ El Paso's pipeline group this p.m.. They are extremely interested in pursuing discussions. I did not disclose contract specific details....just explained the benefits of owning a position on Bridgeline. El Paso believes they already have authority to purchase transport/storage on other pipeline assets through SONAT. If they are correct, the time period to transact is significantly reduced.

Do we need to send a letter to Bridgeline to get authority to share contract specific info??? In other words, give direction on how to pursue.

cmm