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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: July 16, 2003
(Date of Earliest Event Reported: July 16, 2003)
EL PASO NATURAL GAS COMPANY
(Exact Name of Registrant as Specified in its Charter)
Delaware 1-2700 74-0608280
(State or Other Jurisdiction (Commission File Number) ( I.R.S. Employer
of Incorporation or Organization) Identification No.)
El Paso Building
1001 Louisiana Street
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 420-2600
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Item 7. Financial Statements and Exhibits
None.
Item 9. Regulation FD
On July 16, 2003, we completed a private offering of $355 million
principal amount of our senior notes due 2010. In the preliminary
offering memorandum for the senior notes, we disclosed information
regarding our existing rate settlement that has not been
previously publicly reported. Specifically, we disclosed that once
the risk sharing period expires, which is December 31, 2003, our
annual revenues will decrease by approximately $23 million. See
our Form 10-Q for the quarterly period ended March 31, 2003 for
additional information regarding our rate settlement and its risk
sharing provisions. This disclosure is being furnished to comply
with Regulation FD. The information disclosed in this Current
Report on Form 8-K is not considered "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934 and is not
subject to the liabilities of that section.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
EL PASO NATURAL GAS COMPANY
By: /s/ Greg G. Gruber
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Greg G. Gruber
Senior Vice President, Chief Financial
Officer, Treasurer and Director
(Principal Financial Officer)
Date: July 16, 2003