TNAG-0768-FCO40-972-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 33

0.34214

HICK 1641

Razor

260

NO! DISTRIBUTION

HOFO 003/04

Y

INDEX

PA

PP DO I

No

aken

T + 2

+근

HKGD

бо

TRED (2)

K129 PUSD (2)

GR 200

CYPHER/CAT A

FM BTC HONG KONG 248311Z

RESTRICTED

TO PRIORITY D.0.1 TELNO. INDUS 143 OF 4 OCTOBER 78.

FOR HAVELOCK, EPT FROM THORNTON.

UNITS 3 AND 4- LETTER OF INTENT DEVICE.

1. GEMMILL AND I MET WITH DEAN BARRETT AND WIN BISCHOFF AS PLANNED THIS MORNING. ESSO WERE NOT PRESENT, BUT HAD TABLED A SERIES OF CONDITIONS UPON WHICH THEY BELIEVED KESCO SHOULD

SIGN SUCH A LETTER.

(xo)

2. OUR AIM WAS SO FAR AS POSSIBLE TO DIVORCE THE LETTER OF INTENT DEVICE FROM ALL OTHER QUASI-NEGOTIATING CONSIDERATIONS, THUS I STRESSED THAT THE TIME FOR KESCO/CLP/ESSO TO PUT FORWARD PROPOSALS ON, FOR EXAMPLE, EXTENDING BOTH GEC'S OFFER AND ECGD COVER TO END-MAY 1980 - ONE OF ESSO'S WILDER FLIGHTS OF FANCY WAS AFTER WE HAD GOT THIS PARTICULAR STUMBLING BLOCK OUT OF THE WAY, AND NOT WHILE DOING 30. WE DECLINED TO ENTER INTO ANY INTERNAL KESCO DEBATE ABOUT WHEN SETS SHOULD OR SHOULD NOT BE ORDERED, SIMPLY NOTING THAT WE FULLY EXPECTED TO HAVE CONSIDERABLE NEGOTIATIONS WITH KESCO WITHIN THE EXTENDED PERIOD OF VALIDITY, WHEN THIS POINT WOULD NO DOUBT BE RAISED.

3. WE ALSO WERE AT PAINS TO MAKE THE LETTER AS ACCURATE AS POSSIBLE CONSISTENT WITH ITS PURPOSE A3 A DEVICE (E.G BY NOT HINTING THAT MAJOR PENALTIES WERE INVOLVED) BUT ALSO NOT TO MAKE ITS EMPTINESS TOO APPARENT ON THE RECORD (E.G BY AVOIDING NUGATORY SUMS).