|
|
Enron Mail |
FYI
---------------------- Forwarded by Chris Germany/HOU/ECT on 12/23/99 10:09 AM --------------------------- jwhodge@columbiaenergygroup.com on 12/23/99 08:45:51 AM To: Chris Germany/HOU/ECT@ECT cc: Subject: Re: Storage Questions Here are the answers to your questions: 1. Cove Point LNG is a peaking facility. There are three 10-day peaking contracts for 50,000 Dthd each or a total of 150,000 Dthd of peaking capability by delivery from the Cove Point pipeline into the east side of TCO's system. The gas can also go directly into Washington Gas Light or into PEPCO's Chalk Point electric generation facility. The variable transport cost on Cove Point LNG is less than $0.005/Dth. This gas was hedged by CES as baseload withdrawal during the January 1999, but can be withdrawn any time before the end of the contracts which is 2/29/2000. 2. The TCO storage is the CES retail storage. Enron's contract with CES retail contains the withdrawal schedule for this storage. I would work with Ed McMichael's group who should be getting this schedule from CES Retail. cgerman@ect.enron.com on 12/23/99 08:22:40 AM Please respond to cgerman@ect.enron.com To: Scott Goodell [NOTES.sgoodel]@LMSOV cc: John Hodge/CES/ColumbiaGas@COLUMBIAGAS, djunek@ect.enron.com Subject: Storage Questions I have 2 storage questions for now. 1. Cove Point LNG - it's my understanding that this is a LNG peaking facility. The current balance is 1,500,000 dth. Did you have a withdrawal schedule or were you going to use this as peaking gas? 2. TCO contract 63304 - has capacity of 7 BCF, and I think your current storage balance is about 5 BCF. What is your withdrawal schedule for Jan?? thanks
|