tbg the settlement with tbg has been completed . we will be making a payment to tbg of $ 1 . 8 million on december 7 .
new agreement
same term - sept 30 , 2004
terminate oud documents and replace with master enfolio
sell 12 , 500 mmbtu per day baseload - no swing quantites , and purchase is no longer tied to power production at tbg plant .
enron has multiple delivery points and price protection for specific delivery location
$ 1 . 8 million payment is less then possible amount due to tbg at end of year under current contract terms under " true up " provision .
frank
tbg
the settlement with tbg has been completed . we will be making a payment to tbg of $ 1 . 8 million on december 7 .
new agreement
same term - sept 30 , 2004
terminate oud documents and replace with master enfolio
sell 12 , 500 mmbtu per day baseload - no swing quantites , and purchase is no longer tied to power production at tbg plant .
enron has multiple delivery points and price protection for specific delivery location
$ 1 . 8 million payment is less then possible amount due to tbg at end of year under current contract terms under " true up " provision .
frank