Joe,

Stan Horton has been invited to attend a series of meetings associated with
INGAA in Tokyo. I believe that Stan is the Chairman of INGAA. There are
some Tokyo companies that are a part of the organization. Bill Smith, CEO of
Sonat (now El Paso) and will be talking about LNG and Japanese requirements
and will be going to Tokyo. Stan has asked both Sherriff and me if this is
worth his attendance. I thought you would be the best answer to that. I
also told him that you could represent Enron very well in any meeting in
Japan.

Please call Stan at 713 853 6177 and discuss with him. He can fill you in
better on the details. Your call.

Thanks,
mike