---------------------- Forwarded by Tana Jones/HOU/ECT on 01/10/2000 05:02 PM 
---------------------------
   
	Enron North America Corp.
	
	From:  Tana Jones                           01/10/2000 03:45 PM
	

To: Lucy Ortiz/HOU/ECT@ECT
cc: Bob Bowen/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT 
Subject: Re: Weather CP?  

Williams Energy Marketing & Trading Company shouldn't be a problem for 
weather transactions.  The Master Agreement we have in place with them is an 
ISDA Local Currency.  The only thing we need to cover is in the confirmation 
adding the trade option rep for weather, since weather wasn't covered way 
back then.  Otherwise, they are already approved for all products for online 
trading.  Since the master is a Local Currency form, we might run into some 
problems if they wanted to trade non-u.s based products, or use any other 
currency other than U.S. $$.  If either of those issues come up, let me know.