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,

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October Propane - 8500 MT via Nelly Maersk or sub