IN: This is an email
CES has a synthetic storage deal with Equitable Gas Company on Texas Eastern. CES gave Equitable 100,000 dth in April 1999 and Equitable is giving CES the gas back in January 2000 in Tetco M2. According to my new best buddy Fred at Equitable, CES will pay Equitable $.65 /dth after the January transaction is complete. Here are my questions/comments; 1. David - please look at the new deal I created for this exchange (deal 146788). The existing deal (deal 138741) is set up as a pipeline exchange. I believe the counterparty should be Equitable Gas Company which is the LDC. If it looks OK to you, I will kill the old deal and add the volumes to the new deal. Please let me know ASAP. 2. Linda/David - do we have CES's contract with Equitable? I would like to see a) what CES was paying Equitable for this deal and b) when the payment was due. 3. David/Stephanie - if the deal is structured the way Fred described it above, where do we put the $.65 fee at? 4. Linda - Fred has not received any assignment notices regarding CES deals. He doesn't know if he should bill CES or Enron North America. Who should he talk to about that?? Please forward this email to others that may need to see it. Thanks

What is the subject?

OUT: Equitabel Gas Company Exchange on Tetco

IN: This is an email
Here is another matrix of TW "Current Shipper" rates & surcharges. This one is not posted on the web. I don't know whether anyone needs/uses it, anymore, but I have been keeping it up. There is a new tab for each change in Current Shipper Rates. The latest is "200111" Elizabeth - I forgot to send this to you this morning. Jeanette - I don't recall whether I sent this along with the other TW files.

What is the subject?

OUT: FYI 11/2001 TW Rate Matrix - same rates, different format

IN: This is an email
I've reviewed Order 637 on voluntary auctions and agree with you, Mary Kay, that the TW IOS procedure is consistent with the Commission's checklist. However, I do have a couple of questions/concerns. First, does "voluntary" mean filing a proposal with FERC is also voluntary? Or is the Commission here requiring that pipelines make filings before they can proceed with auctions? Also, I'm not sure we comply with the Commission's policy on establishment of a reserve price, since it's difficult to tell what that is from the order. A couple of times TW has stated a minimum bid in its IOS. Comments?

What is the subject?

OUT:
TW interactive open season