Message-ID: <27790783.1075852850636.JavaMail.evans@thyme>
Date: Mon, 24 Sep 2001 12:00:27 -0700 (PDT)
From: stephanie.miller@enron.com
To: dave.fuller@enron.com, t..lucci@enron.com, houston <.ward@enron.com>
Subject: PG&E Capacity
Cc: mark.whitt@enron.com, barry.tycholiz@enron.com
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We have 200,000 mmbtu/day of "Block II" capacity available through May 31, 2006. It is labeled "Block II" because PG&E owns recall rights on the entire block through 12/31/2005.  The ROFR rights that go with this capacity add a tremendous amount of value (i.e. market rates with short term commitment vs. 15 - 20 year obligation of new build)

Capacity currently has access to all supply basins. However, the current FERC proceedings on receipt point reallocations will probably result in a supply split of 60% San Juan and 40% Permian. 

Rates for the capacity and my Duke proposal are attached.

Please call if you have any questions.