Problem: BODY: Janine: Congratulations on your promotion! I need an update on the back-office relationship between Enron Credit Inc. (ECI) and Enron Credit Ltd. (ECL) Does London confirm the ECI trades? If so, I assume there is a power of attorney from ECI to someone in London. Or will ECI trades be confirmed in the U.S.? I received a call from someone in London inquiring as to whether Greg Whalley could sign for ENA because he was in London. I believe this was in relation to the credit business. Are U.K. traders booking credit deals in the name of ENA or is this some type of back-office function performed on behalf of ENA? Any reason not to use ECI or ECL here? Also, can you send a copy of the services agreement (if any) between any companies performing services on behalf of either ECI or ECL? Thanks.
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A: SUBJECT: Enron Credit Inc.

Problem: BODY: Below is a link to the Proposed Decision by Com. Bilas on the Gas Industry Restructuring proceeding that has been lingering on the agenda for most of the year. This was just issued late last week and published today. I'm still in the process of reviewing it but the good news is that he is proposing the adoption of the Comprehensive Settlement which Transwestern helped design and supported along with most other participants. The decision does however make some modifications which may not be in our best interest i.e. the adoption of a price cap for secondary market transactions. Due to the lapse in time on this proceeding, Com. Bilas has granted participants the right to file comments by Friday, October 19, 2001. Please review and advise if you agree we should file comments (I also have a call into Mark Baldwin). Note this is 140+ pages--you may wish to review the summary and pertinent sections.
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A: SUBJECT: GIR Proceeding--I99-07-003

Problem: BODY: Attached are the revised drafts. Please note the following: 1. I revised the FERC language but haven't yet talked to Drew about this concept. He is in Houston somewhere and I have a call in to him. 2. The Equivalent HP concept was removed. Thus a Force Majeure or Utility interruption event will interuppt the Compression Services Charge. 3. Please review the unwind language carefully in the Conversion Agreement. 4. I added an arbitration provision. This is standard in ENA or affiliate contracts. The O&M form will follow shortly.
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A:
SUBJECT: Gallup Conversion and CSA Agreement