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- Subject: re : rate for tenaska deal
- daaah !
- sorry !
- daren j farmer
- 10 / 16 / 2000 05 : 57 pm
- to : sandi m braband / hou / ect @ ect
- cc :
- subject : re : rate for tenaska deal
- consumer price index
- from : sandi m braband on 10 / 16 / 2000 12 : 14 pm
- to : daren j farmer / hou / ect @ ect
- cc :
- subject : re : rate for tenaska deal
- daren ,
- thanks - - while i ' m certain i should know , i must confess that i do not know
- what cpi stands for ? ? ?
- sandi
- daren j farmer
- 10 / 16 / 2000 11 : 39 am
- to : sandi m braband / hou / ect @ ect , bob m hall / na / enron @ enron
- cc :
- subject : re : rate for tenaska deal
- sandi ,
- sorry for just now getting back with you . i was out last week .
- the rate ( $ . 04 / mmbtu ) will be charged on the greater of the volumes nominated
- on the supply contracts or the actual deliveries to the plant . the fee will
- be adjusted yearly based on cpi .
- bob - i could not remember if we stated the type of settlement on the
- delivered volumes ( actuals or nominations ) . i think we should use actuals
- due to possibility that the plant could over pull with out our knowledge on a
- daily basis . we would receive the estimates / actuals on a lag and may have to
- purchase gas to offset the imbalance , even though the plant kept the noms at
- the 45 , 000 base . i also think that if the plant does increase the nom , they
- are more likely to pull the additional volume rather than pulling less . do
- you agree with this ?
- d
- from : sandi m braband on 10 / 10 / 2000 03 : 41 pm
- to : daren j farmer / hou / ect @ ect
- cc :
- subject : rate for tenaska deal
- daren ,
- when we met regarding the rate for the tenaska gas management agreement , you
- guys mentioned that it would be tied to an index - - could you restate for me
- how that is to work - - it will start out 4 cents per mmbtu based on the greater
- of the volumes nominated through the supply contracts or the actual
- deliveries to the plant . then the fee will vary month to month ? year to year ?
- based on what index ?
- thanks ,
- sandi
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