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Enron Mail |
I'd love to see us keep the capacity release upside above the discounted rate
on all these deals but if we can't get it, we can't get it. Approved. DF Christine Stokes 01/26/2000 09:41 AM To: Christine Stokes/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON cc: Subject: REVISED NMNG Contract Approval Request TRANSWESTERN PIPELINE CONTRACT APPROVAL FORM Various revisions have been requested for the five year New Mexico Natural Gas (NMNG) contract. Please review the revised discount letter which includes the following revisions: 1) Clarification of Shipper's alternate rights at discount rate. 2) Deletion of paragraph granting NMNG the ability to change monthly MAXDTQ quantities subject to a floor level. (Tariff already provides this ability subject to mutual agreement of Shipper and TW). 3) Addition of language which waives Shipper's ROFR rights. 4) Addition of language which would allow TW to apply a possible additional future surcharge if TW were to file for authorization to recover Y2K costs through a new surcharge. In this particular discount letter I did not include language which allows TW the ability to retain capacity release revenues above the discount rate as this issue was not a part of the original negotiations. However, this language as well as the language overviewed above in 1), 3) and 4) will most likely be adopted as "standard" discount letter language in the future. Please indicate approval via REPLY WITH HISTORY. All officer approval will be faxed to Bill Cordes for final Presidential Level Approval
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