---------------------- Forwarded by Mark Breese/HOU/ECT on 12/19/2000 03:00 
PM ---------------------------


Phil DeMoes@ENRON
12/19/2000 02:33 PM
To: Mark Breese/HOU/ECT@ECT
cc:  
Subject: Re:

Per our discussion.
---------------------- Forwarded by Phil DeMoes/Corp/Enron on 12/19/2000 
02:29 PM ---------------------------


Janet R Dietrich@ECT
12/18/2000 11:12 AM
To: Phil DeMoes/Corp/Enron@ENRON
cc: Gil Muhl/Corp/Enron@ENRON, Jeffrey A Shankman/HOU/ECT@ECT 

Subject: Re:

It doesn't sound like they are anywhere near making a decision on Elba. I 
would suggest putting  this on the back burner for now and focus on other 
opportunities in the gas market away from Elba. Have Doug Arnell advise you 
when they are closer to formulating a strategy and decision around Elba.
---------------------- Forwarded by Janet R Dietrich/HOU/ECT on 12/18/2000 
10:56 AM ---------------------------
   
	
	
	From:  Jeffrey A Shankman                           12/18/2000 10:32 AM
	

To: Janet R Dietrich/HOU/ECT@ECT
cc:  
Subject: Re:

FYI.

Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 12/18/2000 
10:38 AM ---------------------------


Doug Arnell@ENRON_DEVELOPMENT
12/18/2000 10:19 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Eric Gonzales@ECT, Les Webber/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Phil 
DeMoes/Corp/Enron@ENRON 
Subject: Re:  

My view on the discussions with Southern Co. is that it is one of several 
potential ways to get at some upside out of our rights at Elba Island.  It's 
also giving us a good indication of where the market is for gas sourced from 
LNG coming in to Elba.  Nothing will be committed to without considering all 
the alternatives at Elba and a full review within EGM and asumably ENA.  The 
discussions are still, in my view, exploratory.

Thanks



   
	
	
	From:  Jeffrey A Shankman @ ECT                           12/14/2000 08:17 AM
	

To: Phil DeMoes/Corp/Enron@ENRON, Doug 
Arnell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eric Gonzales/LON/ECT@ECT, Les 
Webber/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Janet R Dietrich/HOU/ECT@ECT 

Subject: 

Before we sign ANYTHING with Southern about the Elba volumes, I'd like an 
update.  Also I want to make sure we aren't trading anything away at Elba 
that we could be talking about elsewhere.  Thanks. 

Jeff