QUESTION: Has unify been changed? I thought you told me a couple of weeks ago that everything had been changed. Please let me know - thanks!
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ANS: 12/00 Purchase from Louis Dreyfus (Sitara Deal #453380 & 454386)
I am trying to determine if there are any of the LC's expiring in January that we can request renewal for. Veronica were you able to narrow down the list to ones that are non-terminated where Enron is still exposed? Please call to discuss. Regards,
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answer: Renewal of LC's
USGT has a new rate for contract 27161 starting Novemer 1, 2001 and in effect until changed or March 31, 2003. East to East gas Flow - $.025 - 1 part rate East to West gas Flow - Index to Index (with a floor of $.0246/MMBtu) - 1 part rate If you have any questions or need more details, please contact me. Mark
Answer: FYI reminder - new rate in effect for USGT
Here is an email: This is a notice to inform you that the server where your Outlook mailbox resides is scheduled for an outage tonight. Your mailbox will be temporarily unavailable starting anytime after 11pm and may continue to be unavailable until 1 a.m., when all server maintenance work have been completed. Outlook Web Access (OWA) will also be unavailable during this time. Blackberry users: Message delivery may be delayed for a few minutes. If you have any questions, please call the Resolution Center at x31411.
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A: CORRECTION: Outlook Outage - Friday, December 28, 2001
Q: PG&E will announce via press release very early next week an open season on Redwood, Baja and Silverado. It comes in direct response to recent announcements of expansions into California by pipelines. The bid protocols will be structured similar to original open season from the original Gas Accord. The open season will start on June 1 and end on July 31. Capacity will be available starting 1.1.03. Bidders will be able to bid up to 30 years (PG&E states that that's what generators want). Accompanying the announcement will be another announcement that PG&E will expand Redwood by 200mmcf/day, which they hope to have available by 1.1.03, or some time during Q103. About 2-4 weeks after the open season begins, PG&E will file its proposed "Gas Accord II," (the first one expires end of 02). As part of that filing, PG&E will offer its proposed ratemaking treatment for the next five years (beginning 1.1.03). PG&E will not include in the open season 1) core capacity and 2) certain EAD contracts that extend beyond the Gas Accord 1 end date. In addition, PG&E will hold back an additional 20% (after excluding core and EAD), to be "open-seasoned" at some "future" date. The capacity to be auctioned is: 1) 900 mmcf/day on Redwood, 2) 245 (annual) on Baja, plus an additional 200/day in summer on Baja, 3) 155 on Silverado. How PG&E will market the 20% they intend to hold back, and when they might auction it off in the future will be discussed in PG&E's Gas Accord II filing. No single company will be awarded more than 30% of the capacity on any specific path in the primary open season (though firms can bid whatever level of capacity they choose). Please forwad along to anyone else who might be interested. If you have any questions, just holler. Best,
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A: More Info: PG&E to Announce Open Season on Redwood and Baja Early Next Week
Here is an email: Attached is a clean and blacklined draft of the changes to the ISDA Schedule. We have also attached the proposed form of Enron Corp. Guaranty and the legal opinions of Enron North America and Enron Corp. The opinions of Cadwalader with respect to the ISDA and the Guaranty will be sent shortly under separate cover from Susan Lobel at Cadwalader. It appears the only remaining issue on the ISDA is the "Conditions Precedent" provision which NYPA is still considering. Please let me know if these changes meet with your approval.
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A:
NYPA ISDA