RE: Product Type approval - (CAN Gas Phy Fwd Firm East Spd < or = ,
 I approve.  FYI - please let everyone know in EOL of the following changes =
that are effective as of today - I am now over the East desk, Kam is over t=
he West and Scott Palmer is over Central.  Thanks.
PL


 -----Original Message-----
From: =09Walker, Chris =20
Sent:=09Monday, November 05, 2001 4:41 PM
To:=09Taylor, Mark E (Legal); Moran, Tom; Musch, Susan; Blumenthal, Jeff; H=
ayden, Frank; Love, Phillip M.; Dickson, Stacy E.
Cc:=09Anderson, Diane; Lees, Lisa; Sever, Stephanie; Clark, Claudia; O'day,=
 Karen; Guillory, Michael; Jones, Tana; Lambert, Karen; Lombardi, Kelly; Sw=
eitzer, Tara; Lozano, Melba; Kenne, Dawn C.; Moorer, Torrey; Meredith, Kevi=
n; Hoang, Charlie; Renaud, Lindsay; Denny, Jennifer
Subject:=09Product Type approval - (CAN Gas Phy Fwd Firm East Spd < or =3D =
1Mo)

Your review and approval of the following product type in the EOL Data mana=
ger is needed (for directions on approval, please see steps for approval at=
 the bottom of this e-mail).  Please do not approve before 11 A.M.


CAN Gas Phy Fwd Firm East Spd < or =3D 1Mo=09(2193)

Can Gas Phy Spd  Dawn vs Niagara   Nov01           USD/MM

A Canadian Gas Spread Transaction which is entered into as two physical Tra=
nsactions with Enron North America Corp. under which either (A) for the cas=
e in which Counterparty submits an offer to buy the Spread from Enron, Coun=
terparty shall sell the First Transaction and buy the Second Transaction wh=
ile Enron shall buy the First Transaction and sell the Second Transaction, =
each in respect to a quantity of natural gas equal to the Daily Contract Qu=
antity at the Contract Price on a firm basis; or (B) for the case in which =
Counterparty submits an offer to sell the Spread to Enron, Counterparty sha=
ll buy the First Transaction and sell the Second Transaction while Enron sh=
all sell the First Transaction and buy the Second Transaction, each in resp=
ect to a quantity of natural gas equal to the Daily Contract Quantity at th=
e Contract Price on a firm basis. The Contract Price for the First Transact=
ion will be the midpoint of the bid and offer price(s) on the Website for t=
he first product listed in the short description at the time of the Transac=
tion if both the bid and offer prices are then available or the available p=
rice if only one of such prices is then available.  The Contract Price for =
the Second Transaction will be the Contract Price for the First Transaction=
, modified by the price submitted by the Counterparty on the Website.
The transaction is from the Effective Date to the Termination Date. The Eff=
ective Date is 01 Nov 2001. The Termination Date is 30 Nov 2001.
The First Transaction is for delivery at Union Gas - Dawn, Ontario.  The Se=
cond Transaction is for delivery to Transcanada Pipelines at Niagara.
The price is quoted in US Dollars per unit of volume, which will be the Con=
tractual Currency.
The unit of measure against which the price is quoted shall be millions of =
British thermal units and the quantity shown shall be in millions of BTUs p=
er day.


 << File: SPOT GTC Nat Gas ENA.doc >>=20

STEPS FOR APPROVAL:

click the =09START button=20
select =09PROGRAMS
select =09TEST APPLICATIONS
select=09ENRONONLINE CLUSTER(PROD)
=09PROCEED WITH USUAL LOGIN/PASSWORD=20
click the=09Enron Online Production Cluster "START" button =20
select=09EnronOnLine (this is the EOL Datamanager)
=09PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR  "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up=20
TO APPROVE:  Right mouse click on "Approved"

CW
3-7533
chris.walker@enron.com