Re: Bahamas LNG

I think it would be a good idea to get together. I would include Eric Thode
as he has been living through the PR battles on a daily basis.

James D Steffes
05/30/2001 08:31 PM
To: Steven J Kean/NA/Enron@Enron
cc: Richard Shapiro/NA/Enron@Enron, Michael Terraso/OTS/Enron@ENRON, Kelly
Kimberly/Enron Communications@Enron Communications

Subject: Bahamas LNG

Steve --

In a discussion today with Mike, Kelly, etc., it was apparent that the Public
Affairs team viewed the Bahamas LNG transaction quite cautiously. Given the
recent issues power plant development has had in Florida (big political
fights that are going the wrong way), I was wondering if it made sense to
bring together a meeting of all of Public Affairs and the deal team to
analyze the implications of our development plans. My primary worry is that
P/L under water could have severe ecological implications that are not being
internalized into the transaction.

I would like to try and arrange a meeting to (1) ensure Public Affairs
coordination and (2) understand the deal impacts better.

Please advise if I'm worrying for no good reason.

Jim