I would like to visit with you next week regarding the final structure (e.g., 
the put details) agreed. Please set up some time on my calendar. Thanks for 
your help.


   
	Enron Capital & Trade Resources Corp.
	
	From:  Dan J Hyvl                           05/18/99 09:01 AM
	

To: Alan B Aronowitz/HOU/ECT@ECT
cc:  
Subject: Nicaragua

Alan, Doug signed the fuel agreements for Nicaragua last friday.  We are 
waiting for Glencore to sign the contracts, at which time all of the 
documents will have been signed and delivered.  EI has agreed to indemnify 
EFI and reimburse any out of pocket costs should EI elect to take EFI out of 
the fuel arrangement.  EFI has a put to the project and Glencore if Enron 
elects to get out of the project.
---------------------- Forwarded by Dan J Hyvl/HOU/ECT on 05/18/99 08:04 AM 
---------------------------


Doug Leach
05/18/99 07:54 AM
To: Dan J Hyvl/HOU/ECT@ECT
cc:  
Subject: Nicaragua

Dan,

Thanks for all your help on the Nicaragua contracts. I appreciate you 
watching EFI's and my back.

Doug