Q: Attached is the referenced agreement. Let me know if the notice information is OK with you. If so, I'll get it signed by Craig Breslau today, then bring it to you for countersignature. Thinking about that, what's your title? I'm not sure you have the authority to sign documents w/o special authority...
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A: Energy Gateway Provider Agreement

Q: As we all know, the TBS/Enron South America LLC ("ESA") confirmation issue is draining our little brains. Let's all conference sometime Monday to sort through how these trades should be documented, booked and otherwise handled. Lynn has suggested that ESA is merely a holding company and therefore, an inappropriate vehicle for holding trades (maybe one or two trades is O.K.). Also, any ESA documents must be executed in the U.S. Brent: please leave me a voice or email for convenient times. Sara
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A: financial trading by Don Black

Q: John, I have reviewed the contracts (Asset Agreement and the GPA) and here are my= thoughts regarding your request. In short, the agreements do not specific= ally address capacity being needed by third parties. ENA does have a right= to all of their capacity free and clear of all encumbrances. Last year we= did discuss this issue (the interruptible VNG customers wanting to take re= leases of VNG capacity), but at the time Jim Scabareti indicated that he wa= s going to play hard ball with his interruptible shippers in year 2 (i.e. n= ow), since VNG was really getting tight on assets due year-on-year load gro= wth and no new capacity additions. He gave the assets up last year because= he did not want to have any noise at the VSCC when the VSCC was considerin= g the affiliate relationship between VNG and AGLES. However, as I reflect = on it now, it seems to me that VNG (aka Sequent) really needs to weigh heav= ily the decision to release any assets to third parties through this winter= (interruptible or otherwise). At a minimum, any releases should be done r= ecallable based on weather forecasts based on some HDD amount. The profit = sharing provision is the same for years 1 and 2. My suggestion is that you do the following: (1) remind Sequent about the de= liverability issue facing VNG and (2) develop a plan with Sequent for talki= ng to Customers, so as to minimize any VSCC risk since the VSCC thinks Sequ= ent is VNG's asset manager. =20 Mark Breese is back in the office tomorrow and I will confer with him as we= ll. You might seek Jeff Hodge's thoughts as well. If you have any questio= ns, please ask. Regards,
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A: VNG transportation capacity

Q: I sold CES 2727dt of CGLF mainline gas (deal 221731) effective 21st-31st. Aristech only had enough mainline capacity to pull away 751 dt. I changed the volume on this deal and created another sale to CES at the CGAS pool (deal 222359) for a volume of 1917 dt. 2727 - 751 = 1976 at mainline. 1976 at mainline less fuel of 2.988% = 1917 at the CGAS pool. Price = $2.77 .1045 variable cost mainline to Leach .0250 demand charge
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A:
CES/Aristech deal