Deirdre,

I run two senarios using two different curves.

I got $1.39/mmBtu per year for IF-CNG/North, and
$1.41/mmBtu per year for IF-CNG/N_CITYGA.

Therefore if we look at 20 years time horizon, the storage
can generate  $1.40*1.4*20=39.2 MM dollars.

Let us discuss if you have any questions.

Zimin




   
	Enron North America Corp.
	
	From:  Deirdre McCaffrey                           06/12/2000 10:45 AM
	

To: Zimin Lu/HOU/ECT@ECT
cc:  
Subject: Seneca Lake Storage

Zimin - 

The Gas Assets group is looking at investing in a storage facility in western 
NY.  Here are the specs:

Total Capacity: 1,400,000 MMBtus
MDQW:  140,000 MMBtus
MDIQ:   70,000 MMBtus
Injection Fuel: 1.5%
Injection Fee: $.003
W/D Fuel: 0%
W/D Fee: $.003
Injection Curve: CNG North City Gate
W/D Curve: CNG North Pool Point

Please call with any questions - x39685.

Thanks - Deirdre