great, as long as there is no monetary commit...Jeff




Doug Arnell@ENRON_DEVELOPMENT
10/10/2000 01:37 PM
To: Rick Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT 
Subject: Confirmation of Interest

Rick, fyi, we are contemplating signing a simple expression of interest 
letter with the Tampa Bay Port Authority for a potential site for an LNG 
Terminal to supply S. Florida markets.

Our development efforts to date have not been as focussed on T.B. as they 
have been on the Bahamas proposal.  However, we came across a potential site 
in the Tampa Bay port which meets many of our criteria for a terminal site  
(e.g. existing deep water port, sufficient acreage adjacent to the port, 
industrial zoning).  We have yet to test the rationale of injecting 
significant quantities of gas into that market location, but the port is 
willing to commit to exclusivity on their part until the end of the year.  In 
this period of time we can easily determine if the project makes sense.

I believe its a good defense against others making a similar move and we are 
committing to nothing and paying no dollars.

Please let me know if you concur.  The draft letter is attached below (I've 
got legal sign-off on it already).

Thanks
 
---------------------- Forwarded by Doug Arnell/ENRON_DEVELOPMENT on 
10/10/2000 01:29 PM ---------------------------


David L Glessner
10/10/2000 10:29 AM
To: rkancharla@tampaport.com
cc: Doug Arnell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ned E 
Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ken 
Koye/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT 

Subject: Confirmation of Interest

Ram,

Attached is the letter that we discussed.

We shall expect you at 10:30on Friday.
Come to the 17th floor.  From there, I will take you to the conference room.
We will be meeting in 16C1.

We will agree the letter and further our understanding of the layout, the 
option agreement and the lease terms.

Dave