Enron Mail

From:drew.fossum@enron.com
To:shelley.corman@enron.com
Subject:Re: February 10 Meeting with Dan Larcamp and Team
Cc:
Bcc:
Date:Wed, 2 Feb 2000 07:01:00 -0800 (PST)

How much time did you say you will have???? If you can get through a tenth
of that in 5 minutes, you are much quicker than I! Also, in an amazing
coincidence, your outline looks very similar to MKM's speech for the Canuck
gas conference next week. Good job on both! DF




Shelley Corman
02/02/2000 09:27 AM
To: Mary Kay Miller/ET&S/Enron@ENRON, Robert Kilmer/FGT/Enron@ENRON, Ray
Neppl/NPNG/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Dorothy
McCoppin/FGT/Enron@ENRON, Janet Place/NPNG/Enron@ENRON, Mike
McGowan/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Maria
Pavlou/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Donna
Fulton/Corp/Enron@ENRON, Teb Lokey/FGT/Enron@ENRON
cc: Stanley Horton/Corp/Enron@Enron, Bill Cordes/ET&S/Enron@ENRON, Rockford
Meyer/FGT/Enron@ENRON

Subject: February 10 Meeting with Dan Larcamp and Team


Lorraine Cross has invited me to participate in an "outreach meeting" with
Dan Larcamp and his team on February 10. Also participating in the outreach
meeting will be Williams (Judy Neason/Scott Turkington); El Paso (Peggy Heeg)
and Coastal (Dan Collins).

The meeting comes at Larcamp's request and is part of a series of outreach
meetings that OMTR is having with other industry groups including producers,
gas and electric utilities and marketers.

The purpose of the meeting is not to discuss positions in the current gas
NOPR (as OMTR is assuming that the
Commission will take action on the gas NOPR in February). The purpose of the
meeting is discuss how markets are changing and talk about upcoming
regulatory issues.

There will be no formal presentations or slides. Lorraine will give a 5
minute overview on INGAA's themes on regulatory policy (these theme's are per
the Board of Directors' Task Force on FERC Policy):

Competition
Re-contracting challenges
Rate discounting

Each of the four participating companies will have 5 minutes to relate their
pipeline experiences to these themes. I would propose to focus my remarks on
topic of the continuous contracting state of the pipeline capacity market.
The point is to tell Larcamp that we are not looking for a regulatory answer
to this short-term, continuous contracting environment. What we are seeking
is the rate and service flexibility we need to meet these challenges.
Examples will be the new services flexibility that we continue to seek on TW
(Enhanced Firm Backhaul, Limited Firm). And, the pricing changes we seek on
NNG, including seasonal rates. Again, I don't plan to have any formal
slides, but here is the outline of the message. I would also propose to add
some specific examples/data on capacity release, recent auction experiences
and re-contracting statistics.



FYI:

El Paso plans to talk about the role that negotiated rate transactions will
increasingly play in the market place, citing their experiences in placing El
Paso capacity and their negotiated rate contract extensions on Tenn/E. Tenn.

Williams tentatively plans to talk about additional flexibility on offshore
pipelines, about the need for more self-implementing flexibility, and the
impacts of regulatory delay.


Please let me know by Monday, February 7 is you have any concerns about the
general direction of my remarks or about any other issues that you would have
me bring up with Larcamp and team.