Hello, Stephanie,

I must first apologise for the delay in replying to your email/attachments
fo 24 July.

Our reply is for the ISDA with Vitol Capital Management, but I hope that
once we have agreed the wording for this , we will be able to quickly
implement ISDA's for the other Vitol and Enron entities involved ... I
expect that we will just have to change the tax declarations, the address
details and a few other similar minor items.

Attached is a covering letter and revised draft schedule.

 <<X M Sept. 21, 2001 Reply to ENA.doc>>  <<X Draf Schedule Revised by Vitol
Sept 11, 2001.doc>>

Can you please confirm that you receive this email and the attachments in a
'readable' format?

Thanks and regards, David

David Fransen
Vitol SA Geneva
Tel : 00-41-22-322-1111

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 - X M Sept. 21, 2001 Reply to ENA.doc 
 - X Draf Schedule Revised by Vitol Sept 11, 2001.doc