Enron Mail

From:drew.fossum@enron.com
To:shelley.corman@enron.com, susan.scott@enron.com
Subject:Re: holding capacity on PNM
Cc:mary.miller@enron.com, glen.hass@enron.com, sstojic@gbmdc.com,mary.darveaux@enron.com, lorraine.lindberg@enron.com
Bcc:mary.miller@enron.com, glen.hass@enron.com, sstojic@gbmdc.com,mary.darveaux@enron.com, lorraine.lindberg@enron.com
Date:Fri, 24 Mar 2000 09:44:00 -0800 (PST)

I'm OK with trying what the commercial group wants but we'd better be aware
of the consequences. If we are successful, it may be a little easier to get
Kent his authority to buy third party storage from other pipelines. If we
are unsuccessful, getting Kent's thing approved will get a bit harder. I
think the PNM proposal is pretty specific and has a nice operational basis
that may help our chances somewhat. Also, I'm forwarding to Shelley to get a
read on any FERC policy landmines. Shelley, the summary of Madden's talk to
INGAA that you circulated today quoted Madden as saying that FERC will take
up the Texas Eastern remand soon. Are we headed in the right direction?
Looks to me like we may give Madden and his people an opportunity to broaden
the current policy a bit without fundamentally changing it. Thanks. DF





From: Susan Scott 03/23/2000 05:38 PM


To: Mary Kay Miller/ET&S/Enron@ENRON, Drew Fossum@ENRON, Glen
Hass/ET&S/Enron@ENRON, sstojic@gbmdc.com, Mary Darveaux/ET&S/Enron@ENRON
cc: Lorraine Lindberg/ET&S/Enron@ENRON

Subject: Re: holding capacity on PNM

Nothing in my research has indicated that a specific agreement is required in
order to make this filing. While it is true that one of the reasons FERC
rejected the NNG filing in which we sought authority to hold capacity on
unspecified pipelines was because it was too general, the Commission never
stated that pipelines must file specific deals in order to comport with the
Texas Eastern requirements. I believe that the filing is specific enough to
address the Commission's concerns because we have narrowed it down to a
specific portion of a specific pipeline in order to help alleviate a
constraint on TW's system. The Commission did not require us to have an
agreement with PG&E for Market Center services, and in fact we did not have a
deal in place when we made our filing. While I'm sure it's true that having
a specific deal in place would make our filing even more convincing, the
Commercial Group would like to maximize their flexibility to acquire capacity
on PNM instead of having to ask permission for each deal they do with PNM,
which is why we would prefer to use the same strategy we successfully
employed in our Market Center services filing.

On the Hinshaw issue -- I will forward you the relevant e-mail chain from
last week.





From: Mary Kay Miller 03/20/2000 07:04 AM


To: Glen Hass
cc: Mary Darveaux, Susan Scott/ET&S/Enron@ENRON

Subject: holding capacity on PNM

I didn't see you on the distribution, please respond to Susan's question on
timing.
Susan, if the capacity is 10,000, what is the rate? Seems like we need to
have an agreement that we have all reviewed before we file at a minimum. do
we have one?
How was the Hinshaw issue resolved?
Thanks
---------------------- Forwarded by Mary Kay Miller/ET&S/Enron on 03/20/2000
07:01 AM ---------------------------



From: Susan Scott 03/19/2000 10:07 AM


To: Drew Fossum@ENRON, Glen Hass/ET&S/Enron@ENRON, sstojic@gbmdc.com, Mary
Kay Miller/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON
cc: Lorraine Lindberg/ET&S/Enron@ENRON

Subject: holding capacity on PNM

I received several comments from you, and I believe we've resolved the legal
issue (PNM's Hinshaw status). Any other comments? (Mary Kay, the answer to
your question is that Lorraine has been discussing a rate with PNM, and the
amount of capacity they have available is 10,000.) Mary Kay and Mary, when
do you think would be a reasonable time to expect to file this, given the
Order 637 filings we're working on?

I've attached my draft again in case you need it.

Thanks.