FOUR NEW PRODUCTS REQUIRING YOUR APPROVAL ,
 ----- Forwarded by Mark Taylor/HOU/ECT on 08/09/2000 10:19 AM -----

	Robert B Cass
	08/08/2000 04:01 PM
		 
		 To: Matt A Brown/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Tom 
Moran/HOU/ECT@ECT, Jeff Blumenthal/HOU/ECT@ECT, Stephen H 
Douglas/HOU/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT, Rudi Zipter/HOU/ECT@ECT, 
Frank Hayden/Corp/Enron@Enron
		 cc: Melba Lozano/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Jennifer deBoisblanc 
Denny/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, 
Stephanie Sever/HOU/ECT@ECT
		 Subject: FOUR NEW PRODUCTS REQUIRING YOUR APPROVAL

Your immediate review and approval of the following four products in the EOL 
Datamanager is urgently needed (for directions on approval , please see steps 
for approval at the bottom of this e-mail).  

New Product Type #1.  
Commodity:    Natural Gasoline
Unique Description:   US Nat Gasoline Phy Fwd
Web Description: US NGasoline FOB

Physical Description:
A US Natural Gasoline Transaction with Enron Gas Liquids, Inc., under which 
the Seller shall sell and the Buyer shall purchase the agreed quantity of 
Natural Gasoline (submitted by Counterparty via the website) at the Contract 
Price. The Contract Price shall be as submitted by Counterparty via the 
website. The commodity will be delivered on a FOB basis on a day or days 
selected by the Seller between the Effective Date and the Termination Date.
The term of the Transaction shall be from the Effective Date to the 
Termination Date. The Effective Date is day/month/year.  The Termination Date 
is day/month/year.The transaction is for delivery to Enron Storage, Mont 
Belvieu, Texas.
The price is quoted in cents (US) per unit of measure which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be gallons and 
the volume shown shall be in total number of Barrels per month.


New Commodity #2.  
Commodity:    Natural Gasoline
Unique Description:   US Nat Gasoline Fin Swap
Web Description: US NGsoline

Financial Description (e.g):
A US Natural Gasoline financial Swap Transaction with Enron North America 
Corp., under which the Seller pays a Floating Price and the Buyer pays the 
price submitted by Counterparty on the website (the Fixed Price) in each case 
in respect of the Notional Quantity per Determination Period.  Each calendar 
month during the term of the Transaction will be a Determination Period. The 
Notional Quantity per Determination Period shall be the volume for the 
relevant Determination Period (calculated using the volume submitted by 
Counterparty via EnronOnline).  Each calendar month during the term of the 
Transaction will be a Determination Period; provided that, if the term of the 
Transaction is less than one calendar month the Determination Period shall be 
the term of the Transaction.  The Payment Date(s) will be 5 business days 
after the Floating Price is determinable. The Floating Price shall be the 
average of the Index for each day in the relevant Determination Period. 
The term of the Transaction shall be from the Effective Date of 
day/month/yearto the Termination Date of day/month/year.
The Index for a day shall be the 'Avg' price for Natural Gasoline published 
in the table entitled 'Mont Belvieu Spot Gas Liquids Prices' under the 
heading 'NON-TET N. GAS:  Any Current Month' in the issue of Oil Price 
Information Service ('OPIS') that reports prices effective for such day.
The price is quoted in cents (US) per unit of measure which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be gallons and 
the volume shown shall be in total number of Barrels (42 US Gallons) per 
month.


New Commodity #3.  
Commodity:    Normal Butane
Unique Description:   US Normal Butane FOB Phy Fwd
Web Description: US N.Butane FOB

Physical Description:
A US Normal Butane Transaction with Enron Gas Liquids, Inc., under which the 
Seller shall sell and the Buyer shall purchase the agreed quantity of Normal 
Butane (submitted by Counterparty via the website) at the Contract Price. The 
Contract Price shall be as submitted by Counterparty via the website. The 
commodity will be delivered on a FOB basis on a day or days selected by the 
Seller between the Effective Date and the Termination Date.
The term of the Transaction shall be from the Effective Date to the 
Termination Date. The Effective Date is day/month/year.  The Termination Date 
is day/month/year.The transaction is for delivery to Enron Storage, Mont 
Belvieu, Texas.
The price is quoted in cents (US) per unit of measure which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be gallons and 
the volume shown shall be in total number of Barrels per month.

New Commodity #4.  
Commodity:    Normal Butane
Unique Description:   US Normal Butane Fin Swap
Web Description: US N.Butane Swap

Financial Description (e.g):
A US Normal Butane financial Swap Transaction with Enron North America Corp., 
under which the Seller pays a Floating Price and the Buyer pays the price 
submitted by Counterparty on the website (the Fixed Price) in each case in 
respect of the Notional Quantity per Determination Period.  Each calendar 
month during the term of the Transaction will be a Determination Period. The 
Notional Quantity per Determination Period shall be the volume for the 
relevant Determination Period (calculated using the volume submitted by 
Counterparty via EnronOnline).   Each calendar month during the term of the 
Transaction will be a Determination Period; provided that, if the term of the 
Transaction is less than one calendar month the Determination Period shall be 
the term of the Transaction.  The Payment Date(s) will be 5 business days 
after the Floating Price is determinable. The Floating Price shall be the 
average of the Index for each day in the relevant Determination Period.
The term of the Transaction shall be from the Effective Date of 
day/month/yearto the Termination Date of day/month/year.
The Index for a day shall be the 'Avg' price for Normal Butane published in 
the table entitled 'Mont Belvieu Spot Gas Liquids Prices' under the heading 
'NON-TET N. BUTANE:  Any Current Month' in the issue of Oil Price Information 
Service ('OPIS') that reports prices effective for such day.
The price is quoted in cents (US) per unit of measure which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be gallons and 
the volume shown shall be in total number of Barrels (42 US Gallons) per 
month.

  NOTE:  Please do not reject the above products in the EOL Datamanager 

If you need to request changes to the descriptions above, please call me at x 
35491.   Thanks -

Rob  


==============================================================================
=====
STEPS FOR APPROVAL:

click the  START button 
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD 
click the Enron Online Production Cluster "START" button  
select EnronOnLine (this is the EOL Datamanager)
 PROCEED 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 
TO APPROVE:  Right "mouse" click on "status"
CLICK on your department and the product status will indicate your approval.
  
Thanks - Rob Cass
x35491
michael.robison@enron.com