Yes, Global agrees.


   


From:  Lisa Lees                                                             
03/29/2001 04:49 PM	
	
	
	                           
	

To: Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Kelly 
Lombardi/NA/Enron@Enron
cc: Tom Moran/Enron@EnronXGate, Stephanie Sever/HOU/ECT@ECT 
Subject: Product Type Aprroval - US Plastic RGC3 Phy Fwd)

The product long description below will fall under the new product type US 
Plastic RGC3 Physical Forward.  Credit (Tom Moran) has approved copying the 
profiles for the new product type from the following:

 US Styrene FOB Physical Forward

Please respond by Monday, April 2.

Thank you.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 03/29/2001 04:43 PM 
---------------------------


Chris Walker
03/29/2001 02:28 PM
To: Jeff Blumenthal/Enron@EnronXGate, Susan Musch/Enron@EnronXGate, Bjorn 
Hagelmann/Enron@EnronXGate, Mark Taylor/HOU/ECT@ECT, John 
Viverito/Corp/Enron@Enron, Michael A Robison/HOU/ECT@ECT, Tom 
Moran/Enron@EnronXGate, Anjali Abraham/Enron@EnronXGate, John 
Swinney/Enron@EnronXGate, Alexia Gonzales/Enron@EnronXGate
cc: Lisa Lees/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tana 
Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Kelly Lombardi/NA/Enron@Enron, 
Tara Sweitzer/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Torrey 
Moorer/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON, Melba 
Lozano/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT 
Subject: Product Type Aprroval Needed! (US PlasticRGC3 Phy Fwd)

Your approval is needed for the following new product type in Datamanager.  
Please see the steps for approval below.

Thanks,

CW
3-7533

US PlasticRGC3 Phy Fwd

A Transaction with Enron Petrochemicals Company, a division of Enron Liquid 
Fuels, Inc., under which the Seller shall sell and the Buyer shall purchase, 
at the Delivery Location specified below and at the specified 
quantity/tolerance, quality and price, a stream of  refinery grade 
propylene.  The stream shall include: refinery grade propylene with minimum 
purity 65% propylene, a maximum of 2% butanes and heavier, a maximum of 1% 
ethanes and lighter, a maximum of 10 ppm of sulfur, 1 copper strip test, with 
propane as the remaining balance (the &Stream8). The quantity shall be the 
volume submitted by Counterparty via the Website.

The term of the Transaction shall correspond to the date(s) set forth in the 
Product description on the Website.

The transaction is for delivery via scheduled pipeline to Dynegy Storage, 
Mont Belvieu, Texas.  Title to and risk of loss of the product shall pass to 
Buyer when the product enters the receiving inlet valve of the storage well.  
The price  shall be determined as follows: (a) the price for contained 
Propylene shall be the price submitted by Counterparty via the Website, and 
(b) the price for all other components shall be the 'Avg' price for Liquefied 
Propane Gas published in the table entitled 'Mont Belvieu Spot Gas Liquids 
Prices' under the heading 'Non-TET Propane:  Any Current Month in the issue 
of Oil Price Information Service ('OPIS') that reports prices effective for 
each month during the term of the Transaction.

The price is quoted in cents (US) per unit of measure which will be the 
Contractual Currency.  The volume quoted on the Website is in barrels for the 
entire Stream.

The unit of measure against which the price is quoted for the entire Stream 
shall be as follows: (a) contained propylene shall be quoted in cents per 
pound (lb) and (b) all other components shall be quoted in cents per gallon 
(gal) as specified in the OPIS publication described above.





STEPS FOR APPROVAL:

click the  START button 
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD 
click the Enron Online Production Cluster "START" button  
select EnronOnLine (this is the EOL Datamanager)
 PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR  "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up 
TO APPROVE:  Right mouse click on "Approved"