|
|
Enron Mail |
Responses:
1. I'll let Kevin answer this one. ANR and Michcon are Central Desk pipes. 2. I would prefer to address all items on Exhibit 1. If possible I would like to see the original Exhibit 1 volumes and updated Exhibit 1 volumes through March 2001. However, I don't remember buying back any baseload gas on TCO for April. I thought we priced everything at FOM IF and every day, we are buying back gas at GD - $.01. 3. Are you doing a buy sell with Erron at the same price? Does Duke bill CES directly for this? 4. See attached worksheets. 5. I don't know all the information on the local production yet. The pricing I'm currently using is the Exhibit 1 FOM deliverd pricing (pricing using ENA transport). The attached April file has a Local Production tab. Molly Johnson is updating this information. After she completes April, she will recreate Jan - Mar. 6. Since the delivered pricing on TCO is the same, I'm not concerned about the individual citygate volumes. For pricing purposes, I only care about total daily deliveries. It would be a problem if you were trying to take additional gas from a non-constrained citygate to a constrained citygate and you don't have enough capacity. This holds true for most other pipelines as well, Tenn Z6, CNG North Citygate, CNG South Citygate, ... This would be a better question for Charlie to ask me when he is looking for something specific as it comes up. The only thing I will not allow you to do is take gas from one pipeline to the other, Texas Gas Z4 to CGAS, and Colleen has discussed this with Melissa. dkinney@columbiaenergygroup.com on 04/18/2000 09:40:36 AM To: " - *Chris.Germany@enron.com" <Chris.Germany@enron.com< cc: " - *Dalphon, Charles" <cdalpho@columbiaenergygroup.com<, " - *Porter, Jeffrey" <jporte1@columbiaenergygroup.com<, " - *Flewellyn, Melissa" <mflewellyn@columbiaenergygroup.com< Subject: Questions Chris--Below is a list of questions that we need to address fairly quickly. Please look it over and let's talk. The items are not prioritized in any way. 1-Enron's invoices show that for deliveries to Muncie (Indiana Gas) off ANR the price index used is Michcon.citygate.GD.M.I. The same is true for delivery points into Michcon. Is this correct, or are you actually using ANR ML-7 plus the Exhibit 1 increment applicable to Michcon? Exhibit 1 specifies ANR ML-7 as the price index for Michcon. 2-CES has completely exited the following market areas/zones as of April 1: TCO 6-11, TCO 6-12. However, because Exhibit 1 contains projected volumes for these two market areas in April 00, CES had to purchase from and resell to Enron 90% of the April volumes contained in Exhibit 1. Exhibit 1 contains projected volumes for both market areas thru October 2000. Are we required to do a purchase/sell-back in each of these future months, or can we dispense with this? I refer you to Section 3.6 of the Gas Supply Assignment and Agency Agreement (p. 11-12) as having some bearing on this issue. 3-The monthly volumes in Exhibit 1 off Iroquios into Central Hudson are incorrect. The 4,200 Dth is a monthly volume, not a Dth/day volume. Since the supply for this point is already arranged as a back-to-back with Duke Energy and since Duke appears to be billing us directly for this gas, I do not intend to do a simultaneous "buy/sell" with Enron of the volumes in excess of the (erroneous) Exhibit 1 volume. If you disagree, let's discuss. 4-According to Exhibit 1, CES gets monthly capacity releases for TCO 4-21 (O&R), TCO 7-3 (West Ohio), TGP Zone 6 (Boston Gas?), would you please provide me with the Dth of capacity released to Enron as CES's agent on a monthly basis for April at each of these points? (I also need these numbers for January, February, and March.) 5-How is the local production behind NYSEG, NFGD-PA, and CPA priced? 6-How will Enron invoice CES for daily swings on TCO in situations where gas was merely being re-directed from one delivery point (where we were long for that day) to another delivery point (where we were short)? There will undoubtedly be other questions. I will direct them to you as they arise. Thanks. Doug Kinney Ph: 703-561-6339 Fax: 703-561-7317
|