=20   BUSINESS HIGHLIGHTS  Enron Japan Enron Japan Closes Its First Yen Based Dubai Crude Oil Swap (11 Oct) This groundbreaking deal involved Enron Japan purchasing 12,500 barrels of = Yen-priced March Dubai swaps from Japanese trading house, Kobayashi Yoko.
E= nron Japan purchased the Dubai swaps (Dubai being the marker crude oil in t= he Asian region) in US$ from Enron Singapore and hedged out the FX risk int= ernally, offering the customer a yen-based product which best suited its re= quirements.
This deal highlights the large and (as yet) untapped demand amongst Japanes= e trading houses and end users for oil risk management products.
During the=  5 months since Enron Japan started its crude and product marketing activit= ies, it has developed relationships with numerous customers that are lookin= g to hedge on the basis of both international and domestic indicies (such a= s the "Japan Crude Cocktail").
Enron Japan is moving very quickly to develo= p the kind of products that customers need by utilizing the whole suite of = Enron Global Markets capabilities.=20   IN THE NEWS  In these challenging times, Enron deserves our thanks=20 Houston Chronicle, October 28, 2001  By BILL WHITE=20 Enron and its employees have blessed Houston, and many Houstonians should n= ow take the time to say "thanks" when the company has experienced some high=

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=<NUMBER> BUSINESS HIGHLIGHTS <COMPANY> Japan <COMPANY> Japan Closes Its First Yen Based Dubai Crude Oil Swap (<NUMBER> Oct) This groundbreaking deal involved <COMPANY> Japan purchasing <NUMBER> barrels of = Yen-priced March Dubai swaps from Japanese trading house, Kobayashi Yoko.
E= nron Japan purchased the Dubai swaps (Dubai being the marker crude oil in t= he Asian region) in US<CUR> from <COMPANY> Singapore and hedged out the FX risk int= ernally, offering the customer a yen-based product which best suited its re= quirements.
This deal highlights the large and (as yet) untapped demand amongst Japanes= e trading houses and end users for oil risk management products.
During the= <NUMBER> months since <COMPANY> Japan started its crude and product marketing activit= ies, it has developed relationships with numerous customers that are lookin= g to hedge on the basis of both international and domestic indicies (such a= s the "Japan Crude Cocktail").
<COMPANY> Japan is moving very quickly to develo= p the kind of products that customers need by utilizing the whole suite of = <COMPANY> Global Markets capabilities.=<NUMBER> IN THE NEWS In these challenging times, <COMPANY> deserves our thanks=<NUMBER> Houston Chronicle, October <NUMBER>, <NUMBER> By BILL WHITE=<NUMBER> <COMPANY> and its employees have blessed Houston, and many Houstonians should n= ow take the time to say "thanks" when the company has experienced some high=
risk int dubai swaps japanese products number months groundbreaking deal involved highlights large untapped hedged fx houses end users barrels ow time say