Our Credit Dept is currently reviewing your comments.  I will check with them and let you know something.

Stephanie Panus
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803C
Houston, Texas  77002
ph:  713.345.3249
fax:  713.646.3490
email:  stephanie.panus@enron.com

 -----Original Message-----
From: 	David Fransen <DBF@Vitol.com>@ENRON  
Sent:	Saturday, October 27, 2001 3:31 AM
To:	Panus, Stephanie
Cc:	Gilbert Widmer; Keith Swaby; Martha Garrison
Subject:	Vitol/Enron ISDA

Hi, Stephanie,

I wanted to check where we are on the ISDA ... we sent you a proposal at the
end of Sept, and you and I have exchanged a couple of emails since then, but
overall I believe that the ball is still ' in your court'.  Is this correct?

Regards, David

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

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