Recently we approved a "based on utilization" rate in another contract -- the 
rationale was that our minimum reservation charge is zero -- so on those days 
they don't use the point, the amount allocated to reservation component 
(using our discretion to allocate between reservation and commodity) is $0 
and it's still within our minimum so it is not a negotiated rate.  Does that 
make sense to you?


   
	
	
	From:  Drew Fossum                           02/25/2000 01:47 PM
	

To: Susan Scott/ET&S/Enron@ENRON
cc:  

Subject: Transwestern Contract Approval Request

OK?  Is the per unit rate for the Cal Border deliveries kosher on a firm 
contract?  DF 
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 02/25/2000 
01:46 PM ---------------------------


Christine Stokes
02/25/2000 10:03 AM
To: Steven Harris/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen 
Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Susan 
Scott/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Lorraine Lindberg
cc: Kevin Hyatt/ET&S/Enron@Enron 

Subject: Transwestern Contract Approval Request

TRANSWESTERN PIPELINE CONTRACT APPROVAL REQUEST


Please review the attached non-standard discount letter for Duke Energy 
Trading & Marketing.  The one year contract for 10,000 Dth/d provides for 
primary EOT-EOT transportation.  Duke is allowed to transport to 
SoCal/Needles at an incremental rate based upon actual utilization.  Duke has 
retained ROFR rights and rights to capacity release revenues above the 
discounted rate.

Please indicated approval via REPLY WITH HISTORY.   If any questions arise 
please contact me at x35702.