2543.2000-10-16.farmer.ham.txt 1.7 KB

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  1. Subject: re : rate for tenaska deal
  2. daren ,
  3. thanks - - while i ' m certain i should know , i must confess that i do not know
  4. what cpi stands for ? ? ?
  5. sandi
  6. daren j farmer
  7. 10 / 16 / 2000 11 : 39 am
  8. to : sandi m braband / hou / ect @ ect , bob m hall / na / enron @ enron
  9. cc :
  10. subject : re : rate for tenaska deal
  11. sandi ,
  12. sorry for just now getting back with you . i was out last week .
  13. the rate ( $ . 04 / mmbtu ) will be charged on the greater of the volumes nominated
  14. on the supply contracts or the actual deliveries to the plant . the fee will
  15. be adjusted yearly based on cpi .
  16. bob - i could not remember if we stated the type of settlement on the
  17. delivered volumes ( actuals or nominations ) . i think we should use actuals
  18. due to possibility that the plant could over pull with out our knowledge on a
  19. daily basis . we would receive the estimates / actuals on a lag and may have to
  20. purchase gas to offset the imbalance , even though the plant kept the noms at
  21. the 45 , 000 base . i also think that if the plant does increase the nom , they
  22. are more likely to pull the additional volume rather than pulling less . do
  23. you agree with this ?
  24. d
  25. from : sandi m braband on 10 / 10 / 2000 03 : 41 pm
  26. to : daren j farmer / hou / ect @ ect
  27. cc :
  28. subject : rate for tenaska deal
  29. daren ,
  30. when we met regarding the rate for the tenaska gas management agreement , you
  31. guys mentioned that it would be tied to an index - - could you restate for me
  32. how that is to work - - it will start out 4 cents per mmbtu based on the greater
  33. of the volumes nominated through the supply contracts or the actual
  34. deliveries to the plant . then the fee will vary month to month ? year to year ?
  35. based on what index ?
  36. thanks ,
  37. sandi