October Propane - 8500 MT via Nelly Maersk or sub

We hereby confirm our sale of Propane to ProCaribe as follows:

Seller: Enron Liquid Fuels, Inc.
Buyer: ProCaribe
Product/Quality: Fully Refrigerated HD-5 Propane
Quantity: 8500 MT +/- 5 percent, Seller's option
Price: Mean average MB OPIS NTET Propane for 3 days around B/L plus 7 cpg
Load Laycan: 22-24 October, 2001
Vessel: Nelly Maersk or sub
Terms: CIF Tallaboa
Laytime: 66 hrs Total - Including load and discharge ports
Inspection: 50/50 Seller/Buyer at loadport

Full contract confirmation to follow.

Best regards,
Suzanne Clapp