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: May 19, 2008
EL PASO NATURAL GAS
COMPANY
(Exact
name of Registrant as specified in its charter)
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Delaware
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1-2700
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74-0608280
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File Number)
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(I.R.S.
Employer
Identification
No.)
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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
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01 Other
Information
On
October 17, 2005, El Paso Natural Gas Company (EPNG) announced the expiration of
our consent agreement with the Navajo Nation covering rights-of-way crossing
lands held by the United States in trust for the Navajo Nation. On
January 17, 2006, we announced we had reached an interim agreement with the
Navajo Nation extending the tribal consent agreement from October 17, 2005
to December 31, 2006, which allowed negotiations on a long-term renewal to
continue.
On May
14, 2008, EPNG and the Navajo Nation executed a preliminary agreement on the
fundamental economic terms of a tribal consent extension through October 17,
2025. Under the preliminary agreement, EPNG will make payments to the
Nation covering the period from January 1, 2007 through October 17,
2008. The parties also undertake to achieve, in good faith, a final
agreement by June 30, 2008. The final outcome of those efforts cannot be
determined at this time.
Approximately 900 looped
miles of the northern mainline of our pipeline system traverse lands held in
trust by the United States for the Navajo Nation. Those lands are the
subject of various right-of-way agreements between us and the United States,
with the consent of the Navajo Nation.
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.
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EL
PASO NATURAL GAS COMPANY
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By:
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/s/
John R. Sult
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John
R. Sult
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Senior
Vice President, Chief Financial Officer and Controller
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(Principal
Accounting and Financial Officer)
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Dated: May 19,
2008