Message-ID: <29435610.1075840848222.JavaMail.evans@thyme> Date: Mon, 26 Nov 2001 08:12:54 -0800 (PST) From: frank.vickers@enron.com To: louise.kitchen@enron.com, john.lavorato@enron.com Subject: TBG Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Vickers, Frank X-To: Kitchen, Louise , Lavorato, John X-cc: X-bcc: X-Folder: \ExMerge - Kitchen, Louise\'Americas\Gas X-Origin: KITCHEN-L X-FileName: louise kitchen 2-7-02.pst The settlement with TBG has been completed. We will be making a payment to TBG of $1.8 million on December 7. New Agreement Same term - Sept 30, 2004 Terminate oud documents and replace with Master EnFolio Sell 12,500 MMbtu per day baseload - No swing quantites, and purchase is no longer tied to power production at TBG plant. Enron has multiple delivery points and price protection for specific delivery location $1.8 million payment is less then possible amount due to TBG at end of year under current contract terms under "true up" provision. Frank