Message-ID: <4381463.1075852812777.JavaMail.evans@thyme> Date: Wed, 26 Sep 2001 07:46:09 -0700 (PDT) From: a..hughes@enron.com To: kenneth.lay@enron.com Subject: Shipping Financial Services Corp. Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Hughes, James A. X-To: Lay, Kenneth X-cc: X-bcc: X-Folder: \KLAY (Non-Privileged)\Inbox X-Origin: Lay-K X-FileName: KLAY (Non-Privileged).pst Ken: I reviewed the letter from Mr. S. Huey Long that you forwarded to me regard= ing his suggestion that you discuss with Mr. Ravi N. Tikoo the Dabhol situa= tion and more specifically the Lakshmi LNG carrier and in return agree to l= et him bid on future LNG carrier chartering or financing business. As you = probably recall, we are a minority investor in the Lakshmi, with Mitsui OSK= Lines the majority investor and operator of the vessel. We are not really= in a position to control decision making with respect tot he vessel and ar= e currently maneuvering to get Mitsui to buy out our position. Accordingly= , I do not think there is anything productive to be gained from Mr. Tikoo w= ith respect to the Lakshmi. As to whether he can help more generally with = respect to India, I defer to your judgement. I think we are already well c= onnected and engaging any additional intermediaries carries more risk in te= rms of confusion, mixed messages or inappropriate behavior from a FCPA pers= pective. If you would like I can have our LNG group respond with a polite = letter informing him that we are not currently considering any additional L= NG carriers, but that we would be happy to allow him to arrange a meeting a= t such time in the future as we have shipping needs. Jim