TNAG-0766-FCO40-970-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 92

HOFO 014/17

00 DO I

GR 370

DESKBY 1709ØØZ

CYPHER/CAT A

FM BTC HONG KONG 170807Z

CONFIDENTIAL

DESKBY 170900Z

NO DISTRIBUTION

Тег скорбот

K129

in qetull

ja

His Jes MROD 2

A thompsor

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0828

AKK164/1

JAN 1978

LEOK OFFICER

INDEX

No

TO IMMEDIATE D.O.I TELNO.INDUS 14 OF 17 JANUARY 78.

16

لا

MY INDUS 8, 10 AND 11: HONG KONG POWER STATION PUBLICITY.

1. WITH REFERENCE TO LAST NIGHT'S TELECON MACDONALD/MARCH CLP/ESSO HAVE ACCEPTED THE FOLLOWING AMENDMENTS TO KADOORIE'S STATEMENT:-

(A) PARA.1

·

DELETION OF A BRITISH CONSORTIUM LEAD BY

'A BY** AND 'THE FOB PRICE OF THE FIRST TWO GENERATING SETS AND''. (B) PARA.3 DELETION OF CONSORTIUM OF INDIVIDUAL'' AND

SUBSTITUTION OF BRITISH''.

(C) PARA.11 DELETION OF WILL REMAIN COMMITTED TO ENSURE

THE DEVELOPMENT IS A SUCCESS. FURTHERMORE IT''. PARA.14 SUBSTITUTION OF WOULD BE AVAILABLE TO'' FOR ''WILL ALSO, IF REQUESTED''.

(D)

(E)

PARA.16 DELETION OF 'SUBJECT TO CLARIFICATION ETC.'' AND SUBSTITUTION OF NEW FINAL SENTENCE SPECIFIC POINTS RAISED BY ELECTROWATT WERE SATISFACTORILY RESOLVED''.

2. THE ONLY OUTSTANDING DIFFICULTY IS PARA.18. CLP/ESSO ACCEPT THAT WE WANT REMOVAL OF REFERENCE TO FLEXIBLE REPAYMENT PATTERN. HOWEVER, THEY SUGGEST THAT IT WILL THEN BE NECESSARY TO DELETE THE FIRST WORD. IF YOU WISH IT RETAINED WE SHALL NEED TO INDICATE WHAT WAS D’SPECIAL?” ABOUT THE FINANCE ARRANGEMENTS