Message-ID: <27084307.1075845385448.JavaMail.evans@thyme> Date: Wed, 30 May 2001 09:57:42 -0700 (PDT) From: paul.y'barbo@enron.com To: javier.chavarria@enron.com, miguel.maltes@enron.com, greg.curran@enron.com, federico.haeussler@enron.com Subject: RE: LPG Supply to Humberto Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Y'Barbo, Paul X-To: Chavarria, Javier , Maltes, Miguel , Curran, Greg , Haeussler, Federico X-cc: X-bcc: X-Folder: \Y'Barbo, Paul\Y'Barbo, Paul\ProCaribe X-Origin: YBARBO-P X-FileName: Y'Barbo, Paul.pst Gentlemen, It seems to me that the price should be MB plus $0.12 for every month. The last cargo purchase saw a value gain for ProCaribe through optimization of the pricing structure by using price swaps. The prices below transfer that value gain away from ProCaribe. I cannot tell if the value is being transferred to the Progasco sale or to Tropigas. Comments??? Paul -----Original Message----- From: Chavarria, Javier Sent: Wednesday, May 30, 2001 9:43 AM To: Maltes, Miguel; Curran, Greg; Y'Barbo, Paul; Haeussler, Federico Subject: LPG Supply to Humberto In order to provide Humberto the short term supply we have been talking about for a while, and to secure a 5-cent margin for Procaribe as agreed to with Mariella, we will sell him the product with the following terms: Term: 4 months @ 1MM gal/mo. Start Date: On closing of Progasco sale (June) Pricing: (depending on month of delivery) June MB + 11.25 July MB + 11.00 August MB + 12.00 September MB + 12.00 October MB + 12.00 Miguel has a model contract approved by Coralina with the rest of the standard terms. I suggest we send it to Humberto so he is ready to go by closing. JC