Susan: I wanted to clarify whether Enron Australia Pty. Ltd. needs to execute ISDA Master Agreements with the SAME counterparties which already have agreements with ENA (and vice versa). As an example, I can only rely upon tax advice ENA has previously received in connection with the services agreement between ENA and ECT Canada. For book and tax purposes, the trade is recorded on the risk books of the Enron affilate ultimately booking the trade but the transaction is actually documented in the name of the Enron affiliate having the Master Agreement with the counterpary. The Enron affiliate having the Master Agreement with the counterparty then transacts with Risk Management & Trading Corp. (through a bulk swap arrangement). The credit risk remains with Risk Management & Trading Corp. (through an internal back to back transaction with the "booking" Enron affiliate) for which the "booking" Enron affiliate will presumably pay a fee pursuant to the services agreement. Consider: ENA is negotiating an agreement with Commonwealth Bank of Australia. Will Enron Australia require a separate master with Commonwealth Bank of Australia? Or will the services agreement permit the hereinabove described arrangement?
Answer: Financial Trading - Enron affiliates
I have enjoyed my years working with all of you. Hopefully, our paths will continue to cross in the future. Since our days may be numbered, below is my personal contact info. Best of luck in the future.
Answer: Contact Info
John, Scana Energy Marketing bought 5,040 dt per day at $5.365 from April 20, 2001 through April 30, 2001. The delivery point is TCo Pool. Thanks,
Answer: Gas Purchases from Enron
Stephanie rightly pointed out that I was confusing Utilcorp w/Pacific Gas and Electric. Just call me Roseannaroseannatana! Attached is the corrected list for 6/20/00 to open Utilicorp for all products except pulp & paper.
Answer:
Oops...6/20/00