FYI

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 03/06/2001 06:39 PM -----

	Brant Reves/ENRON@enronXgate
	03/06/2001 02:07 PM
		 
		 To: Brant Reves/ENRON@enronXgate, Sara Shackleton/HOU/ECT@ECT
		 cc: Susan Bailey/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Stephanie 
Panus/NA/Enron@Enron, Nidia Mendoza/ENRON@enronXgate
		 Subject: RE: Inconsistant Credit Amounts

Issue has been resolved.  Please disregard.  The $500M amount quoted below 
was eventually changed to $0 and reconfirmed.

thanks
brant



 -----Original Message-----
From:  Reves, Brant  
Sent: Tuesday, March 06, 2001 11:37 AM
To: Shackleton, Sara
Cc: Bailey, Susan; Boyd, Samantha; Panus, Stephanie; Mendoza, Nidia; Reves, 
Brant
Subject: Inconsistant Credit Amounts

Gas Producers Liquids Inc. - Omnibus confirmations only - No ISDA

How do we margin this LC customer when the Exposure Thresholds are not 
consistant across each Annex B?  Their financial mark to market exposure is 
currently $1.3MM.

		Annex
Trades		B-Credit Line
		
QL3281.1		$0
QL3360.1		$0
QN8251.1		$0
QN8251.2		$0
QQ7096.1		$0
QQ7109.1		$500,000
QR4386.1		$0
QS3259.1		$0
QS3259.2		$25,000

Brant