The deal with the Banks is being held up by Paribas to get a cross-netting agreement with Enron.   I understand we have agreed and the documentation could be done as early as today.   Bill Bradford is working on this one.   So it's up to Enron to fix the problem at this point in time.   PAribas releases and we get the agreement in place and we can start moving these LC's.

 -----Original Message-----
From: 	Richardson, James  
Sent:	Tuesday, November 27, 2001 9:36 AM
To:	Hayslett, Rod; Howard, Kevin A.
Cc:	Mata, Jessie; Brown, Bill W.
Subject:	RE: New L/C Req

Just wanted to see if these LC's were absolutely necessary at this time.  We just got another request today for two more LC's.  The total of all four LC's is now $11.98MM and all cash requests are now going through Bill Bradford to see which gets paid.

Is there any update on your negotiations with Standard Chartered?

Thanks,

JR
 

 -----Original Message-----
From: 	Hayslett, Rod  
Sent:	Monday, November 26, 2001 3:48 PM
To:	Mata, Jessie; Howard, Kevin A.
Cc:	Richardson, James
Subject:	RE: New L/C Req

What would you like me to do?

 -----Original Message-----
From: 	Mata, Jessie  
Sent:	Monday, November 26, 2001 3:37 PM
To:	Howard, Kevin A.; Hayslett, Rod
Cc:	Richardson, James
Subject:	FW: New L/C Req

James Richardson asked me to forward to you.  We are not sure Standard Charter can do these.  We also have around 20 amendment requests from EOTT on date extensions past the 12/31/01 drop dead date.

Please advise.

Thanks,
Jessie

 -----Original Message-----
From: 	Chen, Peter  
Sent:	Monday, November 26, 2001 3:17 PM
To:	Maria J Mata/Corp/Enron@ENRON
Subject:	New L/C Req





					 << File: New LC Request Matador.doc >> 


Peter Chen
Credit Specialist
EOTT Energy Corp.
(713) 993-5223 - ph
(713) 402-2887 - fx