Enron Mail

From:infopost@duke-energy.com
To:infopost@duke-energy.com
Subject:TE Storage Inventory Levels
Cc:
Bcc:
Date:Mon, 14 Jan 2002 22:00:00 -0800 (PST)

On November 15, 2001, Texas Eastern Transmission, LP ("Texas Eastern")
notified firm storage customers that, as required by the Federal Energy
Regulatory Commission's November 30, 1994 order, in Docket No. RP95-15,
Texas Eastern would monitor customer storage activity and would issue
customer-specific Operational Flow Orders ("OFOs") prior to the issuance
of a system-wide storage OFO pursuant to Section 4.3 (L) of the General
Terms and Conditions of Texas Eastern's FERC Gas Tariff, Sixth Revised
Volume No. 1 ("Tariff").

As indicated in Texas Eastern's November 15, 2001 letter, the need for a
customer specific OFO would be determined based on such customer's
variance from the suggested storage withdrawal plan specified in the
November 15, 2001 mailing. The Withdrawal Plan indicates the maximum
recommended storage withdrawals for each of four (4) withdrawal periods
and is designed to reflect in the aggregate Texas Eastern's historical
utilization of its storage facilities prior to the implementation of the
Commission's Order No. 636

Texas Eastern is not issuing a Customer-Specific OFO at this time due to
the high aggregate storage position at 12/31/2001. Texas Eastern will
continue to monitor individual customer storage activity and may need to
issue customer-specific OFOs if required by future circumstances.
Customer-specific OFOs will be based upon each customer's variance from
the suggested storage withdrawal plan provided to you and the other firm
storage customers by letter dated November 15, 2001.

If you have any questions regarding the foregoing matters, please
contact your Account Manager.






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