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---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/22/99
10:47 AM --------------------------- Robert Brooks <rebrooks@earthlink.net< on 12/21/99 12:30:58 PM Please respond to "rebrooks@rbac.com" <rebrooks@rbac.com< To: "'GPCM Distribution'" <rebrooks@rbac.com< cc: (bcc: Vince J Kaminski/HOU/ECT) Subject: Items from Enerfax 12/21/99 Extracts from Enerfax: Canadian Natural Gas Storage Canadian Gas Association survey of Canadian natural gas in storage in Bcf for the week ending December 10th: Last Last 12/10 12/03 %Full Week Year East 234.59 236.17 89.1 89.7 96.0 West 225.38 231.97 74.1 76.2 90.5 Total 459.98 468.14 81.1 82.5 93.1 East-West division is the Manitoba/Saskatchewan and North Dakota/Minnesota borders. East capacity: 263.22 Bcf West capacity: 304.27 Bcf The CGA survey includes liquefied petroleum gas, Canadian operators of gas storage and Canadian companies contracting gas storage in the US. The survey does not include statistics from the 25 Bcf Sabine storage facility in Alberta. El Paso Says Enron Successful Firm Capacity Bidder El Paso Natural Gas says that it contracted its remaining 1.2 Bcf per day of firm interstate pipeline capacity to Enron North America for $38 million plus upside potential for a one year term. Combined with the sale of 99.3 MMcf per day to Williams Energy Marketing and Trading, the total revenues generated for the capacity on the El Paso Natural Gas system is $45.5 million for the year 2000, an increase of 30% over the annual average revenues generated from this capacity during the past two years. Following an offer made by an undisclosed shipper, an open season was held to provide an opportunity for other shippers to better the rates in the contract pursuant to FERC regulations. The open season resulted in the contract with Enron North America. Kinder Morgan Buys Interest in Trailblazer Kinder Morgan Energy Partners has bought Columbia Energy Group's one-third interest in Trailblazer Pipeline for $38 million. Trailblazer owns a 436-mile, 492 MMcf per day natural gas pipeline from Rockport, Colorado, to Beatrice, Nebraska. The purchase allows Kinder Morgan to take advantage of increased natural gas exploration in the Rocky Mountains. Last week, it agreed to acquire another third of Trailblazer as part of a $700 million purchase of natural gas pipelines from its parent, Kinder Morgan Inc. Enron owns the other third. Bob Brooks - ATT00002.htm
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