|
|
Enron Mail |
---------------------- Forwarded by Susan Scott/ET&S/Enron on 05/17/2000
04:13 PM --------------------------- From: Mary Kay Miller 05/17/2000 08:10 AM To: Glen Hass/ET&S/Enron@ENRON cc: Susan Scott/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Drew Fossum@ENRON Subject: Re: TW LFT I agree with Glen's comments, anything greater than the allowed MDQ can flow or be scheduled, but it would be at the IT rate. Based on the contract, the overrun rate is usually the same as the firm rate so I don't believe there is a revenue issue. Keep in mind, when a day is limited the mdq is "reduced" systemiatically to that level so anything greater is overrun. MK From: Glen Hass 05/17/2000 07:57 AM To: Susan Scott/ET&S/Enron@ENRON cc: Mary Kay Miller/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Drew Fossum@ENRON Subject: Re: TW LFT Although I would like to collect the LFT revenue in the second example on 60%, isn't the extra unanticipated 10% TI? The tariff is vague in regard to partial days. It appears we could call a partial limited day based on a percentage of the MDQ or a specific volume level however once we have announced the firm level haven't we made a commitment only to that level of MDQ on a firm basis and any other volumes that might flow would be regarded as overrun? Glen From: Susan Scott 05/16/2000 11:44 AM To: Mary Kay Miller/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON cc: Drew Fossum@ENRON Subject: TW LFT I have been working with Ramona and Lorraine to make system adjustments to TW's LFT arising from conclusions made at a Northern LFT meeting a few weeks ago. One change that has been called for is that if a Limited Day is called (for now let's say a total Limited Day, without notifying shippers of any percentages), no LFT can flow at any time during that day but the LFT shipper would have the option to flow IT to the extent space is available. If a Limited Day were called notifying shippers that only a certain percentage would flow, LFT shippers would be able to flow that percentage, and the rest could be scheduled IT. Drew latched onto this when I mentioned it to him and wanted to debate this change with me. As currently configured, TW's system would allow LFT shippers to put in nominations on a Limited Day, and if any LFT capacity were in fact available that LFT would be scheduled. Similarly, if TW were to notify shippers of a partial Limited Day (say 50%), and 60% of the capacity in fact became available, TW's system (today) would allow LFT shippers to put their nominations in and flow 60%, not limit them to 50%. TW's tariff language appears suitably vague to allow this -- a Limited Day is defined as a day on which TW may choose not to schedule service in whole or in part, and the billing section has a provision for Limited Days on which any quantity of gas is transported. Our question was whether, by changing TW's LFT system as described in the first paragraph, we wouldn't be leaving some firm transportation revenue on the table (because the IT rate is generally lower than our firm rate). If so, is the change necessary for some other reason? Please let me know what you think. SS
|