Enron Mail

From:lisa.lees@enron.com
To:tana.jones@enron.com, karen.lambert@enron.com, kelly.lombardi@enron.com
Subject:Product Type Aprroval - US Plastic RGC3 Phy Fwd)
Cc:tom.moran@enron.com, stephanie.sever@enron.com
Bcc:tom.moran@enron.com, stephanie.sever@enron.com
Date:Thu, 29 Mar 2001 08:49:00 -0800 (PST)

The product long description below will fall under the new product type US=
=20
Plastic RGC3 Physical Forward. Credit (Tom Moran) has approved copying the=
=20
profiles for the new product type from the following:

US Styrene FOB Physical Forward

Please respond by Monday, April 2.

Thank you.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 03/29/2001 04:43 P=
M=20
---------------------------


Chris Walker
03/29/2001 02:28 PM
To: Jeff Blumenthal/Enron@EnronXGate, Susan Musch/Enron@EnronXGate, Bjorn=
=20
Hagelmann/Enron@EnronXGate, Mark Taylor/HOU/ECT@ECT, John=20
Viverito/Corp/Enron@Enron, Michael A Robison/HOU/ECT@ECT, Tom=20
Moran/Enron@EnronXGate, Anjali Abraham/Enron@EnronXGate, John=20
Swinney/Enron@EnronXGate, Alexia Gonzales/Enron@EnronXGate
cc: Lisa Lees/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tana=20
Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Kelly Lombardi/NA/Enron@Enron=
,=20
Tara Sweitzer/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Torrey=20
Moorer/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON, Melba=20
Lozano/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT=20
Subject: Product Type Aprroval Needed! (US PlasticRGC3 Phy Fwd)

Your approval is needed for the following new product type in Datamanager. =
=20
Please see the steps for approval below.

Thanks,

CW
3-7533

US PlasticRGC3 Phy Fwd

A Transaction with Enron Petrochemicals Company, a division of Enron Liquid=
=20
Fuels, Inc., under which the Seller shall sell and the Buyer shall purchase=
,=20
at the Delivery Location specified below and at the specified=20
quantity/tolerance, quality and price, a stream of refinery grade=20
propylene. The stream shall include: refinery grade propylene with minimum=
=20
purity 65% propylene, a maximum of 2% butanes and heavier, a maximum of 1%=
=20
ethanes and lighter, a maximum of 10 ppm of sulfur, 1 copper strip test, wi=
th=20
propane as the remaining balance (the =01&Stream=018). The quantity shall b=
e the=20
volume submitted by Counterparty via the Website.

The term of the Transaction shall correspond to the date(s) set forth in th=
e=20
Product description on the Website.

The transaction is for delivery via scheduled pipeline to Dynegy Storage,=
=20
Mont Belvieu, Texas. Title to and risk of loss of the product shall pass t=
o=20
Buyer when the product enters the receiving inlet valve of the storage well=
. =20
The price shall be determined as follows: (a) the price for contained=20
Propylene shall be the price submitted by Counterparty via the Website, and=
=20
(b) the price for all other components shall be the 'Avg' price for Liquefi=
ed=20
Propane Gas published in the table entitled 'Mont Belvieu Spot Gas Liquids=
=20
Prices' under the heading 'Non-TET Propane: Any Current Month in the issue=
=20
of Oil Price Information Service ('OPIS') that reports prices effective for=
=20
each month during the term of the Transaction.

The price is quoted in cents (US) per unit of measure which will be the=20
Contractual Currency. The volume quoted on the Website is in barrels for t=
he=20
entire Stream.

The unit of measure against which the price is quoted for the entire Stream=
=20
shall be as follows: (a) contained propylene shall be quoted in cents per=
=20
pound (lb) and (b) all other components shall be quoted in cents per gallon=
=20
(gal) as specified in the OPIS publication described above.





STEPS FOR APPROVAL:

click the START button=20
select PROGRAMS
select TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
PROCEED WITH USUAL LOGIN/PASSWORD=20
click the Enron Online Production Cluster "START" button =20
select EnronOnLine (this is the EOL Datamanager)
PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up=20
TO APPROVE: Right mouse click on "Approved"