COMMENTS 
 


Route: 1 
 - (Approved) NEW POWER PLANT CONTRACT. 20,000 WINTER, 24,000 SUMMER LOAD 
AT $.20/MMBTU/D. TERM IS 3 YEARS WITH A 3-YR EXTENSION RIGHT. UPGRADED ANOTHER
$.03/MMBTU/D FOR GUARANTEED PRESSURE OF 700#.  PRESSURE GUARANTEE APPROVED
BY S.JANUARY.  
JBGreg Porter - (Disapproved)

Route: 2 
 - (Approved) NEW POWER PLANT LOAD OF 20,000 MMBTU/D WINTER AND 24,000 MMBTU/D 
SUMMER.  TOTAL RATE IS $0.23/MMBTU/D.  ORIGINAL RATE WAS $0.20. ADDITIONAL
$0.03/MMBTU IS FOR GUARANTEED PRESSURE OF 700#.  S. JANUARY APPROVED PRESSURE
GUARANTEE.

FOR THROUGHPUT                                           Market Services        
                                                         DATE:  Oct 19, 2001    
                                                         CR# 108189 RQST#  41598
                        CONTRACT APPROVAL FORM                                  
                                                                                
NATURE OF CONTRACT: TFX                                                         
                                                                                
PARTIES:     Northern Natural Gas Company                                       
             LINCOLN ELECTRIC SYSTEM                                            
                                                                                
SUMMARY OF PRINCIPAL POINTS:                                                    
                                                                                
The contract contains Non-Standard Language.                                    
                                                                                
Reason for Discount: capacity release competition and competitive pipe (NGPL)   
                                                                                
Total Discount: $4,243,770.40                                                   
Discount Amendment Attached                                                     
                                                                                
Account Manager: JANET BOWERS, (402) 398-7141                                   
                                                                                
Approval is required of the departments marked with an asterisk (*).            
Contact the account manager for additional information.  Please send approval   
or comments to EB4135R, Phone:713-853-6182,  Fax: 713-646-8260   ASAP.          
                                                                                
                                                                                
  *Marketing, Account Manager: _______________________________   DATE: _________
                                                                                
  *Marketing, Regional V.P.:   _______________________________   DATE: _________
                                                                                
  *Law, General Counsel:       _______________________________   DATE: _________
                                                                                
  *Regulatory Affairs, V.P.:   _______________________________   DATE: _________
                                                                                
  *Marketing, V.P.:            _______________________________   DATE: _________
                                                                                
  *President:                  _______________________________   DATE: _________
                                                                                
                                                                                
________________________________________________________________________        
   * Required Signatures