---------------------- Forwarded by Todd Peterson/ENRON_DEVELOPMENT on 
03/06/2001 01:53 PM ---------------------------


Nancy Corbet
12/12/2000 11:28 AM
To: Todd Peterson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:  

Subject: ECO COU

See the attached provision from the Malaysia COU re reciprocal subrogation 
relief.


12.2 All Port Facilities Insurance will at all times contain a waiver in 
favour of Ship Owner Transportation Interests of rights of subrogation of 
claims by the insurers against of Ship Owner Transportation Interests to the 
extent such claims have been waived in these Conditions by LNG Interests.  
LNG Interests Operator. 

11.4 Operator shall deliver to Ship Owner Transportation Interests reasonable 
evidence of such waiver of rights of subrogation; however, no failure by Ship 
Owner Transportation Interests to insist on performance of this covenant 
shall operate as a waiver hereof.  Operator LNG Interests agrees to indemnify 
Ship Owner Transportation Interests against any loss or expense caused by or 
resulting from Operator,s LNG Interests, failure to procure the waiver(s) of 
subrogation provided in this Clause 11.3 12.2.