Metgas Selldown

more info
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/16/2000
11:49 AM ---------------------------

Rick Bergsieker@ENRON_DEVELOPMENT
10/15/2000 09:38 AM
To: Jeffrey A Shankman@ECT
cc: Clay Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, V V Rao/SIN/ECT@ECT,
Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Metgas Selldown

There ae meetings scheduled in Singapore starting early next week to disclose
key information to potential buyers of Metgas, including BP and presumably
other competitors. Disclosures will include the terms of the Metgas Malaysia
Sales contract and will quickly get into our concept for EGM to sign a master
supply agreement with Metgas.

Have you talked with Baxter/Sanjay about this? I still believe that selldown
of Metgas is a mistake that will cost Enron dearly down the road.

Rick