
Date: Fri, 14 Apr 2000 04:04:00 -0700 (PDT)
From: colleen.sullivan@enron.com
To: scott.mills@enron.com, martha.stevens@enron.com, thomas.engel@enron.com
Subject: Transport Capacity Ticket Question
Cc: scott.neal@enron.com, hunter.shively@enron.com, phillip.allen@enron.com,
theresa.branney@enron.com, dan.junek@enron.com,
maria.garza@enron.com, chris.germany@enron.com,
judy.townsend@enron.com, bhavna.pandya@enron.com,
chris.gaskill@enron.com, jeffrey.gossett@enron.com,
kam.keiser@enron.com, william.kelly@enron.com,
david.oliver@enron.com, michelle.waldhauser@enron.com,
victor.guggenheim@enron.com
Bcc: scott.neal@enron.com, hunter.shively@enron.com, phillip.allen@enron.com,
theresa.branney@enron.com, dan.junek@enron.com,
maria.garza@enron.com, chris.germany@enron.com,
judy.townsend@enron.com, bhavna.pandya@enron.com,
chris.gaskill@enron.com, jeffrey.gossett@enron.com,
kam.keiser@enron.com, william.kelly@enron.com,
david.oliver@enron.com, michelle.waldhauser@enron.com,
victor.guggenheim@enron.com

I was wondering if this would work:

Problem:  Third party demand reimbursements for transport are kept on
spreadsheets.  I would like to automate this process.

Solution:  Is it possible to enter a capacity ticket with a counterparty
(like ConEd), not a pipeline, and show a negative amount (or the opposite of
what we enter in when we are paying out a charge) therefore resulting in a
credit to the desk for that amount?    Would the system accept such an entry
and would this generate the proper documentation for accounting?

For example, if the East Desk has a deal where ConEd releases capacity to ENA
at max rate, but then reimburses ENA for the demand charge (ENA pays the
commodity costs), the tickets would be entered as follows:
1) a transportation capacity ticket showing demand charges of $.10,
Counterparty = Transco   -   ENA will pay $$$ to the pipeline
2) a transportation capacity ticket showing demand charge of -.10,
Counterparty = Con Ed        -   ENA will receive $$$ from ConEd

It seems like this should work and would eliminate one more manual piece of
this transport p&l.
Please advise.
