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ENRON GAS SERVICES' NEW BRANDED PRODUCTS PROVIDE LONG-TERM NATURAL GAS SUPPLIES AT PREDICTABLE PRICES

ENRON GAS SERVICES' NEW BRANDED PRODUCTS PROVIDE LONG-TERM NATURAL GAS
 SUPPLIES AT PREDICTABLE PRICES
 HOUSTON, Feb. 13 /PRNewswire/ -- Enron Gas Services Corp. (EGS), a subsidiary of Enron Corp. (NYSE: ENE) of Houston, has introduced EnFolio SM Gas Resource Agreements -- a portfolio of five new products that provide Enron customers with a reliable supply of natural gas at predictable prices on a long-term basis.
 "As part of Enron's overall commitment to developing long-term markets for the natural gas industry, EGS has introduced a complete line of branded, unregulated natural gas services," said Jeffrey K. Skilling, chairman and CEO of EGS. "These services, EnFolio Gas Resource Agreements, provide long-term price and volume security; and protect gas distribution companies and their customers from volatile spot market prices while allowing them to diversify their supply commitments."
 The five EnFolio Gas Resource Agreements are:
 -- EnFolio SM GasBank RM - provides delivery of a set natural gas volume at a fixed price for terms up to 10 years.
 -- EnFolio SM GasCap - provides delivery of a set volume of natural gas for up to five years. Prices are tied to a floating index that never rises above an agreed-upon ceiling price.
 -- EnFolio SM GasBlend - provides delivery of a set volume of natural gas. The agreement dampens price fluctuations in the spot market.
 -- EnFolio SM Indexed - provides delivery of a set volume of natural gas. Prices are indexed to natural gas or other mutually agreed-upon commodities, such as No. 2 fuel oil.
 -- EnFolio SM 30 - provides firm delivery of a designated supply of natural gas on a 30-day basis, at a negotiated price.
 "We would not be able to offer this revolutionary portfolio of gas agreements were it not for a unique team of professionals with expertise in production, financing, risk management, back-room services and marketing," Skilling added.
 EGS was formed in January 1991 through the combination of Enron Gas Marketing and Enron Finance Corp. EGS provides production financing to ensure a reliable reserve of gas to meet Enron customers' long-term needs. Its state-of-the-art risk management group lets Enron lock in the price of gas long term, minimizing price volatility for customers. Comprehensive marketing activities balance supply and demand nationwide by developing new markets, so that for every provider of gas there's a waiting customer, and visa-versa, at predictable prices. Customers may receive more information on any of these services by calling 800-742-7768.
 Enron Corp. is America's largest integrated natural gas company with more than $13 billion in annual revenues and $10 billion in assets. It operates the nation's largest natural gas transmission system; markets natural gas, gas liquids, crude oil and refined products nationally and worldwide; owns 84 percent of Enron Oil & Gas Company, one the the country's largest independent (non-integrated) natural gas exploration and production companies; is one of the largest independent developers and producers of electricity in the United States and the United Kingdom, with extensive experience in combined heat and power installations; and is a leading non-regulated purchaser and marketer of long-term natural gas supplies.
 -0- 2/13/92
 /CONTACT: Diane Bazelides of Enron Corp., 713-853-6285/
 (ENE) CO: Enron Gas Services Corp. ST: Texas IN: OIL SU: PDT AH -- NY083 -- 9916 02/13/92 16:16 EST
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Publication:PR Newswire
Date:Feb 13, 1992
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