Chris, 
Thank you for checking on that.  I am fine with the new product type.  I am still looking into the CIG product.

Stacy

 -----Original Message-----
From: 	Walker, Chris  
Sent:	Tuesday, August 07, 2001 9:52 AM
To:	Dickson, Stacy E.
Subject:	FW: CAN phy index EAST product

Stacy,

Geoff would like to use the GD Dawn index for delivery at Niagara.  If you would, please reply to this email and copy Mark Taylor so he will have documentation of your approval for the new product type.

Thanks,

CW
3-7533

 -----Original Message-----
From: 	Storey, Geoff  
Sent:	Monday, August 06, 2001 7:24 AM
To:	Walker, Chris
Subject:	RE: CAN phy index EAST product

looks good

 -----Original Message-----
From: 	Walker, Chris  
Sent:	Friday, August 03, 2001 11:58 AM
To:	Storey, Geoff
Subject:	CAN phy index EAST product

Geoff,

Here's the description.  I'll forward it to legal as well.

CAN Gas PhyIndex Niagara, TCPL GD/D Dawn Sep01           USD/MM

A Canadian Gas Transaction with Enron North America Corp., under which Seller shall sell and Buyer shall purchase a quantity of natural gas equal to the Daily Contract Quantity at the Contract Price on a firm basis. The Contract Price shall be derived from the Index, as adjusted by the price submitted by Counterparty via the Website.  The Period of Delivery shall be from the Effective Date through the Termination Date.
The transaction is from the Effective Date to the Termination Date. The Effective Date is 01 Sep 2001. The Termination Date is 30 Sep 2001.
The transaction is for delivery to Transcanada Pipelines at Niagara.
The Index for a day shall be the Daily Midpoint price published for such calendar day under the heading "Daily Price Survey" in the Canadian Gas, Dawn, Ont. section  of Gas Daily, or if a calendar day is not a Business Day then the price used shall be the Daily Midpoint price published on the next succeeding Business Day.
The price is quoted in US Dollars per unit of volume, which will be the Contractual Currency.
The unit of measure against which the price is quoted shall be millions of British thermal units and the quantity shown shall be in millions of BTUs per day.


CW
3-7533