Message-ID: <14838346.1075844076245.JavaMail.evans@thyme> Date: Fri, 13 Oct 2000 03:30:00 -0700 (PDT) From: kevin.hyatt@enron.com To: bullets@enron.com Subject: TW Bullets 10/13 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Kevin Hyatt X-To: Bullets X-cc: X-bcc: X-Folder: \Michelle_Lokay_Dec2000_June2001_1\Notes Folders\Discussion threads X-Origin: LOKAY-M X-FileName: mlokay.nsf Southwest Gas - Conversations with SWG indicate that somewhere along the construction path for the interconnect, TW approved the installation of the meter bypass piping (we are waiting for engineering to confirm this). If this is the case, we will ask SWG to install skillets or padlock the valves so it cannot be used without TW approval. In addition, we are proposing to amend the start date of the SWG transport contract so that TW may resell the unused space in early November on a daily firm basis. USGT - US Gas Transportation is protesting the Market Center deal we negotiated during our brief September outage. We re-negotiated the original invoice from $140,000 down to $113,000. USGT has countered with $65,000 citing mis-communication on the original deal. Plains Farmer's Co-op - Higher gas prices have created an additional level of credit exposure across our customer base in terms of transportation balancing. For September, this small Co-op had accumulated a balance payable to TW of approximately $440,000. The customer indicated they would be sending us a payment of $250,000 but so far has only sent in $75,000. Our credit department has demanded a Letter of Credit be put in place for $500,000.