I am fine with this product.

Stacy
 -----Original Message-----
From: 	Walker, Chris  
Sent:	Monday, November 05, 2001 4:41 PM
To:	Taylor, Mark E (Legal); Moran, Tom; Musch, Susan; Blumenthal, Jeff; Hayden, Frank; Love, Phillip M.; Dickson, Stacy E.
Cc:	Anderson, Diane; Lees, Lisa; Sever, Stephanie; Clark, Claudia; O'day, Karen; Guillory, Michael; Jones, Tana; Lambert, Karen; Lombardi, Kelly; Sweitzer, Tara; Lozano, Melba; Kenne, Dawn C.; Moorer, Torrey; Meredith, Kevin; Hoang, Charlie; Renaud, Lindsay; Denny, Jennifer
Subject:	Product Type approval - (CAN Gas Phy Fwd Firm East Spd < or = 1Mo)

Your review and approval of the following product type in the EOL Data manager is needed (for directions on approval, please see steps for approval at the bottom of this e-mail).  Please do not approve before 11 A.M.


CAN Gas Phy Fwd Firm East Spd < or = 1Mo	(2193)

Can Gas Phy Spd  Dawn vs Niagara   Nov01           USD/MM

A Canadian Gas Spread Transaction which is entered into as two physical Transactions with Enron North America Corp. under which either (A) for the case in which Counterparty submits an offer to buy the Spread from Enron, Counterparty shall sell the First Transaction and buy the Second Transaction while Enron shall buy the First Transaction and sell the Second Transaction, each in respect to a quantity of natural gas equal to the Daily Contract Quantity at the Contract Price on a firm basis; or (B) for the case in which Counterparty submits an offer to sell the Spread to Enron, Counterparty shall buy the First Transaction and sell the Second Transaction while Enron shall sell the First Transaction and buy the Second Transaction, each in respect to a quantity of natural gas equal to the Daily Contract Quantity at the Contract Price on a firm basis. The Contract Price for the First Transaction will be the midpoint of the bid and offer price(s) on the Website for the first product listed in the short description at the time of the Transaction if both the bid and offer prices are then available or the available price if only one of such prices is then available.  The Contract Price for the Second Transaction will be the Contract Price for the First Transaction, modified by the price submitted by the Counterparty on the Website.
The transaction is from the Effective Date to the Termination Date. The Effective Date is 01 Nov 2001. The Termination Date is 30 Nov 2001.
The First Transaction is for delivery at Union Gas - Dawn, Ontario.  The Second Transaction is for delivery to Transcanada Pipelines at Niagara.
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.


 

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"

CW
3-7533