Signed

NorAm Energy Services (NES), a subsidiary of Houston IndustriesTrading and Transportation Group, signed a three-year assetmanagement contract with Owensboro, KY-based Western Kentucky GasCo. The contract, effective July 1, entails about 60 Bcf/year offirm transportation, 8 Bcf of storage capacity and 26 Bcf/year ofgas supply, as well as citygate delivery asset management services.

Koch Midstream Gathering and Processing and Duke Energy FieldServices signed a letter of intent to exchange gas gathering andprocessing systems in Texas, Mississippi, New Mexico, Alabama andOklahoma.

Duke Energy Transport and Trading signed a letter of intent tobuy some of Dynegy’s U.S. crude oil transportation and marketingoperations for $50 to $55 million pre-tax subject to terms of theagreement. The sale is expected to close by the end of the thirdquarter.

PG&E Energy Services signed a $5 million contract withPepsi-Cola General Bottlers Inc. to supply gas, energy management,and billing services to all of its Midwest manufacturing anddistribution centers.

In the first week of enrollment in Pennsylvania’s ElectricChoice Program, 1.1 million electric customers across the statesigned up to participate, the Pennsylvania Electric Associationsaid yesterday.

Southern Company Energy Marketing signed an agreement to providefour Sithe Energy power plants in New York with 55 MMcf/d of gasfor fuel and to market the 275 MW output. The 15-month arrangementis scheduled to begin this month.

Houston Industries Power Generation, a subsidiary of HoustonIndustries, signed an option agreement to purchase a 33-acre sitefrom the R.I. Resource Recovery Corp. This site is the planned home for RI Hope Energy, a 500 MW merchant plant to servederegulated wholesale markets in Rhode Island and New England. RIHope Energy will be in an industrial park currently being developedby RIRRC in Johnston, RI.

Enron Energy Services has signed General Cable Corp. to anenergy management and supply contract covering 22 U.S. facilitiesthat will tie the price level mainly to General Cable’s business.Pricing for the multi-year contract valued at $120 million will betied to the pounds of copper consumed, feet of cable produced andweather conditions experienced during the company’s productionprocess. The rationale is that if more cable is produced, moreenergy will be used and the unit price then would be lower.

A transportation agreement signed by Columbia Gulf and theTennessee Valley Authority (TVA) may mark the beginning of alasting relationship. The agreement covers firm transportation onColumbia for 240,000 MMBtu/d of gas that will fuel 1,500 MW ofpower generation at TVA’s Gallatin Power Plant in Sumner County,TN. But the plant represents a small piece of a larger conversionprocess which will turn another 20 generation units to gas usageover the next year.