FW: Transwestern Capacity Release Report

Greg and Maria,

FYI. Here is a report for the July Capacity Releases on TW. PG&E, Sempra and Texaco all released on an Index to Index spread and are above max rate. Elizabeth has the history of TW Capacity Releases if you think it might help in the preparation of our strategy for negotiated rates.

Thanks, Kim.

-----Original Message-----
From: Brown, Elizabeth
Sent: Tuesday, July 31, 2001 10:58 PM
To: Giambrone, Laura; Hernandez, Bert; McEvoy, Christine; Minter, Tracy; Mulligan, Amy; Miller, Beverly; Ward, Linda
Cc: Kowalke, Terry; Buchanan, John; Blair, Lynn; Cherry, Paul; Dietz, Rick; Cormier, Martha; Lee, Dennis; Eldridge, Dale; Williams, John; Bianchi, Rita; Watson, Kimberly; Donoho, Lindy; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle
Subject: Transwestern Capacity Release Report - 7/2001

Attached is the Transwestern Capacity Release Report that provides billing information for July 2001 reservation invoices.

Please be advised that the PG&E (Core) releases exceeded the maximum tariff rate as summarized below (the first three were special calculations based on index spreads and the last one was a fixed rate):

PG&E Energy Trading-Gas Corporation 60,000/day * 31 days * $0.7081 = $1,317,066.00
Sempra Energy Trading Corp. 15,000/day * 31 days * $1.9951 = $ 927,721.50
Texaco Natural Gas, Inc. 50,000/day * 31 days * $0.7468 = $1,157,540.00

Duke Energy Trading and Marketing, LLC 25,000/day * 31 days * $1.1600 = $ 899,000.00

These amounts will be billed to the acquiring shippers and once payments are received, PG&E will subsequently receive reimbursement.

Feel free to contact me should you have any questions.

Thanks,

Elizabeth