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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (14836)	1/15/1999 12:43:00 AM
From: Kerm Yerman	Read Replies (1) \| Respond to of 15196

U.S. EIA REPORT / Kazakhstan An updated Country Analysis Brief on Kazakhstan is now available. To access a shorter, "executive-summary" version of this report, the World Wide Web address is: eia.doe.gov

To: Kerm Yerman who wrote (14836)	1/15/1999 10:20:00 AM
From: Kerm Yerman	Respond to of 15196

IN THE NEWS / Canadian Natural Gas Storage CANADIAN NATGAS STOCKS FALL 7.0 PCT TO 397.18 BCF IN WEEK ENDED JAN 8--CGA Canadian Gas Association (CGA) weekly survey of Canadian natural gas in storage in billion cubic feet (bcf) for the week ended Jan 8: Pct Full Pct Full 01/08/99 01/01/99 Pct Full Week Ago Year Ago East 191.69 209.00 78.9 86.0 67.8 West 205.49 218.24 74.0 78.6 61.1 Total Canada 397.18 427.24 76.3 82.1 64.2 East-West division is the Manitoba/Saskatchewan and North Dakota / Minnesota borders. East capacity 01/08/99: 243.06 bcf, 01/01/99: 243.06 bcf.

To: Kerm Yerman who wrote (14836)	1/15/1999 10:21:00 AM
From: Kerm Yerman	Read Replies (1) \| Respond to of 15196

IN THE NEWS / Enbridge Launches Canada's First Electronic Crude Oil Exchange Jan. 14, 1999 Enbridge Petroleum Exchange Inc. (NASDAQ:ENBRF) (TSE:ENB.) (ME:ENB.) has commenced operation of Canada's first Internet-based crude oil exchange. The Enbridge Petroleum Exchange is open for business via the Internet to buyers and sellers of Western Canadian crude oil. The exchange offers real-time information on pricing and market conditions. It also provides secure electronic connection to a wide market audience, anonymous transactions, guaranteed payment, and simplified administration for contractual procedures. "The introduction of an electronic exchange marks a milestone that we believe will assist in the development of a more efficient and liquid marketplace for crude oil," said Enbridge Petroleum Exchange President John Macleod. "With crude oil pricing and supply and demand information accessible in an electronic, real-time environment, buyers and sellers will be able to execute trades with greater speed and efficiency." The petroleum exchange features a series of screens which list bids and offers, enabling customers of the system to review orders and electronically transact business. The broadcasting of buy or sell orders is electronically available to all other market participants at the same time, reducing the amount of time it will take to find potential counterparties and complete transactions. At the same time, all market transactions will be financially guaranteed and each customer's market activity will remain confidential. The Enbridge system has been developed with the assistance of Burnt Sand Solutions Inc., a Canadian firm with extensive expertise in Internet solutions and electronic exchange development. Calgary-based Enbridge Petroleum Exchange Inc., formerly known as ElecTrade Petroleum Exchange Inc., is the first Canadian company to offer Internet-based crude oil trading. It is a wholly owned and independently operated subsidiary of Enbridge Inc., formerly known as IPL Energy Inc.