The index prices are fine and may actually be lower.  I will check with my desk.  The fixed prices are only for one year.  Five year fixed price indications for Malin are $4.12 and for PG&E city Gate are $4.77.  Let me know if you need any thing else.


Thanks,

Kim 

 -----Original Message-----
From: 	"Mortensen, Rodney" <rmortensen@wm.com>@ENRON [mailto:IMCEANOTES-+22Mortensen+2C+20Rodney+22+20+3Crmortensen+40wm+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Thursday, July 05, 2001 1:02 PM
To:	Ward, Kim S (Houston)
Subject:	Re: term sheet

	The term needs to be for five years.  Are the prices listed for one
year or five years?




	From:	"Ward, Kim S (Houston)" <Kim.Ward@enron.com> on 07/05/2001
12:28 PM CDT
	To:	Rodney Mortensen@WMI
	cc:
	Subject:	term sheet

	Rod,

	As we discussed, attached is a proposal detailing a structure that
might
	fit your natural gas needs.  Please give me a call regarding any
	questions you might have and I will be in touch once I hear from
credit.

	Thanks for your consideration,

	Kim Ward
	713-853-0685


	 <<Wheelabrator_lassen.doc>>  <<Wheelabrator_lassen.doc>>




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