Message-ID: <10758263.1075849798837.JavaMail.evans@thyme> Date: Mon, 22 Jan 2001 02:38:00 -0800 (PST) From: rob.gay@enron.com To: peter.weidler@enron.com Subject: Re: Decision on Furnas Jan 22 Cc: laine.powell@enron.com, felipe.ospina@enron.com, mariella.mahan@enron.com, rafael.rangel@enron.com, jose.bestard@enron.com, john.novak@enron.com, richard.lammers@enron.com, christiaan.huizer@enron.com, federico.cerisoli@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: laine.powell@enron.com, felipe.ospina@enron.com, mariella.mahan@enron.com, rafael.rangel@enron.com, jose.bestard@enron.com, john.novak@enron.com, richard.lammers@enron.com, christiaan.huizer@enron.com, federico.cerisoli@enron.com X-From: Rob G Gay X-To: Peter E Weidler X-cc: Laine A Powell, Felipe Ospina, Mariella Mahan, Rafael Rangel, Jose Bestard, John Novak, Richard A Lammers, Christiaan Huizer, Eddy Daniels@Enron, Federico Cerisoli X-bcc: X-Folder: \Randall_Gay_Nov2001\Notes Folders\All documents X-Origin: GAY-R X-FileName: rgay.nsf I noticed that for construction and cost overruns you inserted the words "Must Complete" even if we sell EPE or in the case of Petrobras alll of the project. Is it your view that the gas suppliers will not consider participating in any overrun support? Peter E Weidler 01/20/2001 09:50 AM To: Laine A Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Felipe Ospina/NA/Enron@ENRON, Mariella Mahan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rafael Rangel/NA/Enron@Enron, Rob G Gay/NA/Enron@Enron, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Novak/SA/Enron@Enron, Richard A Lammers/SA/Enron@Enron, Christiaan Huizer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eddy Daniels@Enron, Federico Cerisoli/SA/Enron@Enron cc: Subject: Decision on Furnas Jan 22 Rob - I reviewed this matrix - I added some of my thoughts into the attached matrix below. Our goal is to get as much of Enron's money out as soon as we can. How we do that is the difficult part and complex decision tree. We don't have any idea at this point in time which course of action is likely to be successful - so we can not base our next step with Furnas (assuming tuesday's meeting with Furnas is unproductive) on which of those paths we take. I was hopeful we could pursue an arbitration course or some other course with Furnas, to increase the pressue - possible get a favorable outcome, and provide political ramifications - and retain our other course of actions by being able to stop the arbitration when it is opportune time to begin our final push (after gas arrives). We need to be close to final decision on what we do next with Furnas on wednesday. John and Rob - please make sure we know if and what we can arbitrate on Wednesday, and lets also make sure we have assessed all other possible/feasible next steps with Furnas ahead of Wednesday. Thanks Pete