text_combined: japanese crude cocktail prompt brent vince marc spoke jcc brent relationship know enough jcc view putting jcc eol good idea would interested know realtionship brent learn also spoke john chismar jcc sounds pretty non liquid acc john let know something regards chris glaas enron capital trade resources corp marc de la roche 13 10 2000 13 18 chris glaas lon ect ect cc doug leach hou ect ect kevin kindall corp enron enron subject japanese crude cocktail prompt brent chris thanks response comment hedgeing jcc brent right exercise hedge lng positions tieds jcc note high jcc correlation prompt brent something obvious non enron lng tied jcc buyers lng tied jcc buyer wish hedge purchases want able transact ona jcc contract objective jcc contract eol whereby enron take jcc brent risk asked vince kaminski group study relationship give us hedge ratio use attaching model used calculate jcc dabhol power co adgas oman lng contracts basically happens raw oil volumes imported japan added total price divide total volume yen us foreighn exchange component well jcc designed japanese could tie lng imports average price crude imports whereby lng would cheaper mmbtu basis comments brgds marc chris glaas 10 13 2000 03 11 marc de la roche hou ect ect cc subject japanese crude cocktail prompt brent marc regarding putting jcc eol get negative respons sing office liquid market everyone going way understand good correlation brent jcc know little jcc good correlation u able hedge brent need know jcc works order help u u require help let know chris glaas enron capital trade resources corp marc de la roche 10 11 2000 03 16 pm chris glaas lon ect ect cc doug leach hou ect ect larry gagliardi corp enron enron subject japanese crude cocktail prompt brent chris egm lng group lng priced using jcc based formula also lot lng contracts use jcc pricing basis june obtained sign vince kaminski group hedge jcc using prompt brent see messages relevant hedge ratio set contract eol using prompt brent jcc hedge ratio hedge jcc fyi btu conversion basis therefore hedge 1000 mt lng customer would need transact hedge 9000 bbl jcc list jcc swap 9000 bbl month increments thanks advance marc forwarded marc de la roche hou ect 10 11 2000 08 32 kevin kindall enron 06 06 2000 03 47 pm marc de la roche hou ect ect cc subject jcc brent yes counts kevin k marc de la roche ect 06 06 2000 02 50 pm kevin kindall corp enron enron cc grant masson hou ect ect vince j kaminski hou ect ect subject jcc email constitutes groups vince kaminski sign using hedge ratio hedge jcc jcc based products thanks advance marc de la roche kevin kindall enron 06 06 2000 02 18 pm marc de la roche hou ect ect cc grant masson hou ect ect subject jcc brent good afternoon performed review jcc data sent time ago study done using several different excel workbooks available upon request relevant charts embedded powerpoint attachment questions comments welcome kevin kindall