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Enron Mail |
Jay,
Louis Dreyfus Energy Services LP wants to get in place a physical master netting agmt. for NGLs, currently Global Liquids doesn't have such type of document; maybe a master netting agreement will be sufficient for them. FYI, This customer also trades with us natural gas, NGLs, refined products, and crude oil through an ISDA with ENA. Thanks, Nidia x3-4868 -----Original Message----- From: BellM@louisdreyfus.com@ENRON Sent: Wednesday, November 14, 2001 10:53 AM To: Mendoza, Nidia Cc: Moran, Tom Subject: Master P/S Netting Agreement for NGL's Nidia, Thanks for speaking with me today about the possibilty of entering into a master purchase and sale agreement for the ongoing NGL physical business between our companies. As we discussed, we would like to develop one set of terms to govern all transactions that include a formal netting/ margining agreement. As agreed we will markup Enron's standard sale agreement to make it bilateral. You will let me know if Enron already has standard netting/margining language that we can review. Thanks Nidia, you've been really great these past few days. MEB Regards Mary Ellen Bell Louis Dreyfus Contract Administration tel: (203) 761-8108 fax: (203) 761-8069 e-mail: bellme@louisdreyfus.com
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