Re: EOL Products

Thanks for the clarification. Get it listed if you like.

Jeff

Jim Goughary
10/23/2000 04:32 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: John L Nowlan/HOU/ECT@ECT
Subject: Re: EOL Products

Regarding MTBE we all are aware it will likely phase out over the next 2/3
years BUT we are a producer of 15,000 bpd from our company owned gulf coast
plant. We also have several years left on our MTBE marketing agreement with
Dubai Natural Gas Company. As a producer we are in an Ideal position to make
markets in gulf coast MTBE. While the production facility was not a good
business for Enron (and has been mostly written off) MTBE Trading has been
and continues to be a good business. I would assume that the plant is also
now making profits with the capital expense written off.