Please see below with respect to referenced HPL counterparty.


---------------------- Forwarded by Lee L Papayoti/HOU/ECT on 09/20/2000 
09:42 AM ---------------------------


"Dale, Martin (MQDA)" <MQDA@chevron.com> on 09/20/2000 09:39:41 AM
To: "'Lee.L.Papayoti@enron.com'" <Lee.L.Papayoti@enron.com>
cc:  
Subject: RE: New HDPE plant


Lee,

I think that neither entity (Chevron or Phillips Corp) is considered a
general partner.  Our company, Chevron Phillips Chemical Co. is directly and
solely responsible for payment of all debt.

While I was out, did Ron Corn get you set up to speak with someone in our
Treasury Dept?  I forwarded your inquiry to Ron, so hopefully he handled
what you needed a couple of weeks ago.

Martin Dale
Manager - Feedstock & Fuels
phone: (713) 754-2612  fax: (713) 754-3295

> -----Original Message-----
> From: Lee.L.Papayoti@enron.com [SMTP:Lee.L.Papayoti@enron.com]
> Sent: Tuesday, September 19, 2000 9:40 AM
> To: MQDA@chevron.com
> Subject: New HDPE plant
>
>
> Martin:
>
> Haven't gotten the finished contract yet - just trying to figure out how
> to
> assign the existing "Master Contract" to the new LP entity.  Also, which
> entity will be the General Partner executing on behalf of the LP??
>
> Thanks for information on the HDPE plant.  Whenever you get a handle on
> amount of new natural gas use and required pressure, please let me know.
> I
> want to get our engineering types to figure out whether we need to do any
> upgrades and/or expand the meter station.
>
> Thanks
>
> Lee
>
>
>
>
>
>
> "Dale, Martin (MQDA)" <MQDA@chevron.com> on 09/18/2000 07:05:44 PM
>
> To:   "'Lee.L.Papayoti@enron.com'" <Lee.L.Papayoti@enron.com>
> cc:
> Subject:  RE: New HDPE plant
>
>
> Thanks, Lee.
>
> There is probably a 99% chance this plant site will be Cedar Bayou.  (We
> were also looking at Orange, TX and the Houston Chemcial Complex in
> Pasadena.  However, these two sites have various problems.)
>
> The main thrust of this press release is that the first JV unit will be
> built at one of Chevron Phillips' locations - and the second JV unit will
> be
> build at the Solvay site.  However, there are very strong reasons that
> Cedar
> Bayou will get this new unit.  So, this should add to our HPL demand at
> this
> site.
>
> Thanks for your interest Lee.
>
> By the way, have you sent copies of the new contract for Cedar to me?  I
> have not see.  Also, I have now moved to room number 1341, still at 1301
> McKinney.
>
> Martin Dale
> Manager - Feedstock & Fuels
> phone: (713) 754-2612  fax: (713) 754-3295
>
> > -----Original Message-----
> > From:   Lee.L.Papayoti@enron.com [SMTP:Lee.L.Papayoti@enron.com]
> > Sent:   Monday, September 18, 2000 5:15 PM
> > To:     Martin Dale
> > Subject:     New HDPE plant
> >
> > Martin:
> >
> > Justr wanted to be the first natural; gas company to start talking to
> > ChevronPhillips about a natural gas supply for the new HDPE plant to be
> > built jointly with Solvay.
> >
> > The news release at:
> >
> > http://www.cpchem.com/newsroom/pr/090800.htm
> >
> > was not specific as to location of the plant.
> >
> > Let me know what you can - I know you have a million other things going
> > on.
> >
> > Lee Papayoti
> > 713-853-5923
> >
>
>
>
>
>