Regulatory Log Jam has been broken

Good news from the Southern Cone.
---------------------- Forwarded by Richard Shapiro/HOU/EES on 06/15/2000
08:26 AM ---------------------------

Ray Alvarez@TRANSREDES
06/15/2000 08:11 AM
To: Steve Hopper/TRANSREDES@TRANSREDES
cc: Peter E Weidler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Doug
Farmer/TRANSREDES@TRANSREDES, Nick Tombs/TRANSREDES@TRANSREDES, Richard A
Lammers/SA/Enron@Enron, Abraham Moreno/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Carlos Contreras/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sergio
Soliz/TRANSREDES@TRANSREDES, Cyro Camacho/TRANSREDES@TRANSREDES, Carol
North/TRANSREDES@TRANSREDES, Jorge L Gumucio/TRANSREDES@TRANSREDES, Jose
Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike G Smith/SA/Enron@Enron,
Richard Shapiro@EES, Nasim H Khan/TRANSREDES@TRANSREDES, Alfonso
Canedo/TRANSREDES@TRANSREDES
Subject: Regulatory Log Jam has been broken

Further to my e-mail yesterday, advising of the approval of the GasBol -
Transborder Firm Transportation Contract for service to Cuiaba, I have
received letters today from the Superintendent
APPROVING the following firm transportation service contracts:

GTB-Transborder
Transredes-Transborder
Transredes-Chaco
Transredes-Maxus

The approval of the Transborder contracts will be effective 10 days after we
file an official translation of these contracts.

The approval of the remaining contracts will be effective 10 days after we
file a signed original of such contracts.

Congratulations to all involved! Ray