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Enron Mail |
In response to a RUSH request from Frank:
FINANCIAL TRADING: El Paso Merchant Energy-Gas, L.P. is approved to trade all financial products under with the existing El Paso Energy Marketing Company (now known as El Paso Merchant Energy-Gas Company) Master Agreement dated as of 04/20/95. Such Master Agreement and the Transactions thereunder we assigned to El Paso Merchant Energy-Gas, L.P, pursuant to an Assignment of Agreements dated as of 12/1/99. Confirmation Desk: with respect to weather confirmations, they should continue to follow the existing format of the El Paso Energy Marketing Company weather trades (changing the name, of course). We are in the process of replacing the old "ERMS Style" Master Agreement with an ISDA Master Agreement and will notify you when the new agreement is executed. PHYSICAL TRADING: Approved for all products. Global Contracts: talk to Stacy Dickson about which contracts to use (EL Paso, Sonat or GTC). EMERGING PRODUCTS. Approved for all products. POWER: Not approved for trading. All power trading should continue under the old El Paso Power Services Company entity until we receive documentation that evidences the approval of the assignment of their power license.
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