Subject: "Form of Letter of Credit".

Body: Phyllis: I spoke with Ed sacks, our credit person, about the form of LC that your credit person circulated. We both agreed that the LC form for the EEI Master and the ISDA needs to be the form that we attached to the drafts that have been sent to you given that the drawing conditions match the LC language that is in each Master. Please talk to your credit person about this and let me know if this is okay.

Subject: "Heel on discharge of June 9, 2001".

Body: Captain Bentzr?d- Please leave a heel of LNG on board the vessel sufficient to reach the next loading in Qalhat on July 5 in load ready condition. Please estimate the volume you will require and revert, keeping in mind that we would like to unload as much as possible on June 9 at Lake Charles within the parameters outlined above. Thanks and regards,

Subject: "Update on PRC Process".

Body: Today was the final ENA PRC. Relative ranking results up through the Senior Director level are final. You and your management team can begin the process of giving performance reviews to your employees. I spoke with Sheila Walton today to inquire about an expected time frame for completing and conducting the employee reviews. She indicated that the target completion date should be the end of July. Promotions will be effective August 1st. It is Dave Delainey's intent to announce ENA promotions sometime after he returns from vacation on July 24. This drives the end of July target completion date for reviews. I do not yet know if Delainey wants all ENA promotions to be announced in a single memo, or if each group within ENA will prepare such a memo. I will keep you updated on this as I get direction from him. Please note the following change since our Energy Operations PRC in June. In order to place focus on the qualitative feedback during this mid-year review process, we will not share performance clusters with employees when conducting their reviews. It is very important for all of us to be consistent in this process, so please communicate this to all in your groups who will be giving performance reviews. It is important to note, however, that the content of an employee's review should be consistent with our view of that employee's relative ranking. In other words, an employee in the Satisfactory category should not be given a review that simply states that the employee is doing a great job. Clearly, a large number of employees performed at a higher level than those employees in the Satisfactory category, so the feedback to that employee should include some specific areas of improvement needed in order for the employee to make a stronger impact in the organization, help you achieve the groups goals, etc. Also please note the following: Performance reviews for anyone in the Satisfactory, Needs Improvement or Issues categories must be reviewed by HR prior to these reviews being given to the employees. This will ensure that our feedback is commensurate with the relative performance of that employee. (This has been the stated process for the bottom two categories, and we are adding Satisfactory to this process as well.) Please remember to include a more experienced member of your management team, yourself, or an HR professional in reviews being conducted by inexperienced members of your management team, or those management team members where you have a concern over their ability or willingness to deliver candid and perhaps tough performance feedback. I believe that we have spent some time in identifying these situations. I ask your help to ensure that we follow through on this commitment. Thanks for all of your efforts in making this mid-year PRC process a meaningful one. It is Dave Delainey's intent to announce It if 0

Subject: "GPM Dumas Plant Information".

Body:
I talked to Lavila Lawrence with Duke Energy Field Services, LP. and she advised me that the GPM Dumas Plant (POI 18058) is going to be shutdown effective January 1, 2002. They will diverting some of the gas to other pipelines and any gas that will be coming to NNG will come through interconnects that David Moon takes care of in the Texas Panhandle. She said "They wouldn't have to de-rhime that plant anymore! ", which gave me the impression that the cost of maintenance might be the reason for the shutdown. Any questions, please call. Randy Janzen