You are right!  Sorry about that.


   


From:  Tanya Rohauer                                                          
   05/10/2000 02:32 PM	
	
	
	                           
	

To: Sara Shackleton/HOU/ECT@ECT
cc: Rod Nelson/HOU/ECT@ECT 
Subject: Re: Vitol SA  

I don' think we ever replaced Aquila with an ISDA.  We sent one out, but they 
then decided to use Utilicorp, right? I'll put Vitol on our list, how high of 
a legal priority is this?  (not high for credit).  Thanks



Sara Shackleton
05/10/2000 01:24 PM
To: Rod Nelson/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT
cc:  
Subject: Vitol SA

We recently did about 20 weather trades with Vitol and I "confirmed" these 
under the 1995 energy price swap master (bad for weather) but incorporated 
ISDA definitions.  I think we should work toward replacing this master with 
an ISDA to eliminate the problem.  We did the same with Aquila which solved 
the weather problem (and I realize the Aquila is a bigger trading partner 
than Vitol).  Can someone generate credit?  Thanks.  Sara