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Enron Mail |
Suzanne, I agree. Thanks for the time you spent on the structure. Paul -----Original Message----- From: Clapp, Suzanne Sent: Monday, May 21, 2001 4:33 PM To: Y'Barbo, Paul Subject: Re: PDVSA May LPG Cargo - Price Revision Proposal Paul, we are done as per your proposal below. We will invoice the full volume in four parcels, as follows: 2,600 MT @ 58.625 cents + (Average Mont Belvieu for 3 days around bill of lading minus Average Mont Belvieu for May 17, 18, 21) 2,800 MT @ 58.125 cents (This will be a provisional invoice and will be adjusted to reflect Average June Non-TET Mont Belvieu plus 6.25 cents per gallon) 2,900 MT @ 58.125 cents (This will be a provisional invoice and will adjusted to reflect Average July Non-TET Mont Belvieu plus 6.00 cents per gallon) 1,768 MT @ 58.125 cents (Average Mont Belvieu for 3 days around bill of lading plus 7 cents per gallon ($0.51125 + $0.07 = $0.58125)) Please confirm your agreement to the above by return. Best regards, Suzanne Clapp From: Paul YBarbo/ENRON@enronXgate on 05/21/2001 04:03 PM To: Suzanne B Clapp/HOU/ECT@ECT, Miguel Maltes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Greg Curran/CA/Enron@Enron Subject: PDVSA May LPG Cargo - Price Revision Proposal Suzanne, Based on price quotes that I received today from Lee Jackson, please advise if you can modify the pricing of the latest cargo as follows: Current: 2,600 MT (1,354,600 gallons) @ 58.625 cents + (Average Mont Belvieu for 3 days around bill of lading minus Average Mont Belvieu for May 17, 18, 21) Remainder of Cargo @ Average Mont Belvieu for 3 days around bill of lading plus 7 cents per gallon ($0.51125 + $0.07 = $0.58125) Proposed: 2,600 MT (1,354,600 gallons) @ 58.625 cents + (Average Mont Belvieu for 3 days around bill of lading minus Average Mont Belvieu for May 17, 18, 21) 2,800 MT (1,458,800 gallons) @ Average June Non-TET Mont Belvieu plus 6.25 cents per gallon 2,900 MT (1,510,900 gallons) @ Average July Non-TET Mont Belvieu plus 6.00 cents per gallon Remainder of Cargo @ Average Mont Belvieu for 3 days around bill of lading plus 7 cents per gallon ($0.51125 + $0.07 = $0.58125) Note: Bill of Lading date was May 17, 2001 Basis: 521 Gallons/MT Thanks, Paul
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