|
|
Enron Mail |
Thanks Susan--I agree with your analysis of the tying issue. It ain't tying
if we aren't restricting access to the service--we are just offering selective discounts. Christine--I'm OK with it. Thanks. DF From: Susan Scott 07/17/2000 02:20 PM To: Drew Fossum/ET&S/Enron@ENRON cc: Subject: Re: Transwestern IOS Approval Request Drew -- I've looked at this and it is fine; really does not deviate from what we have posted before. One issue that arose Friday was whether our all-or-nothing approach (i.e., shipper must take all 49,000 dth of capacity or none at all -- or all 20,000 or none at all) constitutes tying. The 49,000 package includes 35,000 to North Needles and 14,000 to Topock. So if a shipper wants the Needles space it has to take the Topock space too. This looked like a clear case of tying to me until I remembered that this capacity is now, and has been, posted and available and any shipper can bid on any part of the Needles space right now if they wanted to and we'd sell it to them without making them take the Topock space. That'll be true during the IOS too -- i.e., nothing can stop shippers from bidding on the Needles space outside of the IOS process. This is just a situation in which we're putting a special package together with the expectation that the price will reflect the fact that the less desirable Topock space is part of that package. Does this make sense to you? If not, give me a call. From: Drew Fossum 07/17/2000 01:35 PM To: Susan Scott/ET&S/Enron@ENRON cc: Subject: Transwestern IOS Approval Request pls let me know if this looks ok to you. thanks df ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 07/17/2000 01:30 PM --------------------------- Christine Stokes 07/17/2000 10:28 AM To: 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: Kevin Hyatt/ET&S/Enron@Enron Subject: Transwestern IOS Approval Request TRANSWESTERN PIPELINE COMPANY INTERACTIVE OPEN SEASON APPROVAL REQUEST Please review the attached file for the announcement of Transwestern's Interactive Open Season (IOS) to be held Friday, July 21, 2000. The following summarizes the bidding rules and capacity definition for the two bid packages of East of Thoreau (EOT) to California capacity: Package 1: Volume: 20,000 Dth/d Term: 3 months (August - October, 2000) Path: East of Thoreau to California. Maximum available delivery capacity of 12,000 Dth/d at Needles, Ca. Remaining may be chosen between PG&E and Mojave. Package 2: Volume: 49,000 Dth/d Term: 12 Months (November 1, 2000 - Oct. 31, 2001) Path: East of Thoreau to California. Maximum available delivery capacity of 35,000 Dth/d at Needles, Cal. Remaining may be chosen between PG&E and Mojave. Bidders may bid on either a 1-part or a 2-part rate structure for the entire capacity amount posted. No partial volume bids are accepted. Bid packages are considered mutually exclusive. No minimum bid rate is posted therefore Transwestern is not obligated to accept any bids if the bids are valued as unacceptable. Transwestern shall award capacity based upon Highest Rate criteria. If any questions arise please contact Christine Stokes at x35702. Please indicated approval via REPLY WITH HISTORY.
|