ing (NYMEX + .055) .  That's still being 
negotiated.

1.  Enron will warrant that we will have 15,000 of FT on Koch
2. Ormet pays the demand charge ($.05) on the transport on any volumes below 
15,000/d
3.  Volumes above 15,000/d up to 22/d will be supplied on IT.  We will 
utilize the same receipt/delivery path as the FT volumes in order to get the 
discounted transport rate.  If Koch cuts our IT, we will use best efforts to 
get the gas there on another path or on Cypress.  We will pass thru the 
actual transport costs if they are above the discounted FT rate.
4.  Ormet must supply us with accurate and timely consumption information

5.   If Koch declares Force Majeure on our FT,  we must use best efforts to 
get gas and transport on Cypress before we declare FM

6. This is a full requirements contract (we supply all the gas that they 
consume)
7.  If Koch's tariff changes and they go away from monthly balancing, then we 
will have a price re-opener.
8.  If Ormet's loads change significantly (i.e. new cogen) we will have a 
price re-opener.

I keep trying to email them, but it won't go thru.  Maybe this time...



	michael.mulligan@americas.bnpparibas.com
	09/01/2000 02:24 PM
		 
		 To: Tana.Jones@enron.com
		 cc: 
		 Subject: Re: weather derivatives confirmation form




Hi Tana; I never did receive a copy of the Weather Derivative Confirmation. 
Can
you send it again upon your return from the Labor Day weekend?
Thanks much. Kind regards.
---------------------- Forwarded by Michael
MULLIGAN/Corporate_Banking/US/PARIBAS on 09/01/2000 03:22 PM
---------------------------

Internet

From:     Tana.Jones@enron.com on 08/24/2000 04:25 PM GMT


To:  Michael MULLIGAN

cc:

bcc:

Subject: Re: weather derivatives confirmation form





Did you get the email of the documents I sent you, soon after we spoke?



                    michael.mulligan@americas.bnpp
                    aribas.com                            To:
Tana.Jones@enron.com
                                                          cc:
                