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Enron Mail |
I'm OK with the new version. Thanks. DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 07/07/2000 03:47 PM --------------------------- From: Susan Scott 07/07/2000 08:59 AM To: Drew Fossum@ENRON cc: Subject: Southwest Gas Discount Amendment Changes ---------------------- Forwarded by Susan Scott/ET&S/Enron on 07/07/2000 09:00 AM --------------------------- Christine Stokes 07/06/2000 01:04 PM To: Steven Harris/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Lorraine Lindberg, Bill Cordes/ET&S/Enron@ENRON cc: Kevin Hyatt/ET&S/Enron@Enron Subject: Southwest Gas Discount Amendment Changes Recent negotiations with Southwest Gas Corporation have resulting in the deletion of two provisions contained in the original Southwest Gas Corporation discount letter with was routed for Officer Approval. Several minor "sentence structure" changes requested by Southwest Gas have also been included. Please review the revised Discount Letter and forward any comments immediately to either Lorraine Lindberg (x35403) or Susan Scott (x30596). The following summarizes the changes to the original discount letter: 1. Deletion of paragraph which waives ROFR rights. This paragraph is not necessary due to FERC Order 637 rule which states that the shipper's tariff right to ROFR for contracts of one year or longer does not apply to discounted transportation contracts, only max rate contracts. 2. Deletion of Paragraph which states Transwestern will retain any capacity release revenues which Shipper may acquire from releasing capacity at rates above the Discount Rate provided by Transwestern to Shipper. Please note that the revised discount letter does retain the original intent of providing Southwest Gas a 10 year discount rate for seasonal (November through March period) capacity from Transwestern's East of Thoreau (EOT) Area to the Southwest Gas Interconnect located in the East of California Area. The $.10/Dth/d transportation rate shall increase annually by $.005/Dth/d for the term of the agreement. Alternate receipt points rights are in the EOT Area as with as within the primary path of the contract. Southwest Gas may also utilize the Bloomfield Compressor on an alternate basis.
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