UNITED STATES
                              WASHINGTON, D.C.

                          SCHEDULE 14A INFORMATION

                   EXCHANGE ACT OF 1934 (AMENDMENT NO. )

Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]

Check the appropriate box:
[ ]       Preliminary Proxy Statement
[ ]       Confidential, for Use of the Commission Only (as permitted by
[ ]       Definitive Proxy Statement
[ ]       Definitive Additional Materials
[ ]       Soliciting Material Pursuant to Rule 14a-12

                            EL PASO CORPORATION
              (Name of Registrant as Specified in its Charter)

  (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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[X]       No fee required

[ ]       Fee computed on table below per Exchange Act Rules 14a-6(i)(1)
          and 0-11.
          (1)  Title of each class of securities to which transaction

          (2)  Aggregate number of securities to which transaction applies:

          (3)  Per unit price or other underlying value of transaction
               computed pursuant to Exchange Act Rule 0-11 (set forth the
               amount on which the filing fee is calculated and state how
               it was determined):

          (4)  Proposed maximum aggregate value of transaction:

          (5)  Total fee paid:


[ ]       Fee paid previously with preliminary materials:

[ ]       Check box if any part of the fee is offset as provided by
          Exchange Act Rule 0-11(a)(2) and identify the filing for which the
          offsetting fee was paid previously. Identify the previous filing
          by registration statement number, or the Form or Schedule and the
          date of its filing.

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     On February 24, 2003, ANR Pipeline Company and Southern Natural Gas
Company, wholly owned subsidiaries of El Paso Corporation ("El Paso"),
commenced private offerings of $300 million and $400 million principal
amount of senior notes, respectively. Information about El Paso's business
was presented in the slide presentation related to the offerings used at
various meetings with prospective investors. The portion of the slide
presentation related to El Paso's business (the "El Paso Slides") was filed
with the Securities and Exchange Commission by El Paso on March 3, 2003 as
Exhibit 99.1 to a Current Report on Form 8-K filed on that date ("Form
8-K"). Because the public filing of the El Paso Slides may constitute a
solicitation by El Paso of its stockholders by means of a written
communication, El Paso is including the El Paso Slides below.

     As noted in the Form 8-K, the El Paso Slides include statements that
constitute forward-looking statements within the meaning of Section 27A of
the Securities Act and Section 21E of the Exchange Act. These statements
are subject to risks and uncertainties. Forward-looking statements include
information concerning possible or assumed future results of operations of
us and our affiliates. These statements may relate to, but are not limited
to, information or assumptions about capital and other expenditures,
dividends, financing plans, capital structure, cash flow, pending legal and
regulatory proceedings and claims, including environmental matters, future
economic performance, cost savings, management's plans, goals and
objectives for future operations and growth. These forward-looking
statements generally are accompanied by words such as "intend,"
"anticipate," "believe," "estimate," "expect," "should" or similar
expressions. It should be understood that these forward-looking statements
are necessarily estimates reflecting the best judgment of our senior
management, not guarantees of future performance. They are subject to a
number of assumptions, risks and uncertainties that could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements. Undue reliance should not be placed on
forward-looking statements in the El Paso Slides, which speak only as of
the date of the Form 8-K. El Paso does not undertake any obligation to
release publicly any revisions to the forward-looking statements contained
in the El Paso Slides to reflect events or circumstances thereafter or to
reflect the occurrence of unanticipated events, unless the securities laws
require us to do so.

The following was also included in the Form 8-K:


     Prior to its 2003 annual meeting, El Paso will furnish to its
shareholders El Paso's definitive proxy statement relating to this meeting,
together with a WHITE proxy card. Shareholders are strongly advised to read
this proxy statement when it becomes available, as it will contain
important information.
     Shareholders will be able to obtain El Paso's proxy statement, any
amendments or supplements to the proxy statement and any other documents
filed by El Paso with the Securities and Exchange Commission for free at
the Internet website maintained by the Securities and Exchange Commission
at www.sec.gov. Copies of the proxy statement and any amendments and
supplements to the proxy statement will also be available for free at El
Paso's Internet Web site at www.elpaso.com or by writing to El Paso
Corporation, Investor Relations, PO Box 2511, Houston, TX 77252. In
addition, copies of the proxy materials may be requested by contacting our
proxy solicitor, MacKenzie Partners, Inc. at (800)322-2885 Toll-Free or by
email at proxy@mackenziepartners.com.

     To the extent that individual customers, independent industry
researchers, financial analysts, or El Paso commissioned research, are
quoted herein, it is El Paso's policy to use reasonable efforts to verify
the source and accuracy of the quote. El Paso has not, however, sought or
obtained the consent of the quoted source to the use of such quote as proxy
soliciting material. This document may contain expressions of opinion and
belief. Except as otherwise expressly attributed to another individual or
entity, these opinions and beliefs are the opinions and beliefs of El Paso.

     Information regarding the names, affiliation and interests of
individuals who may be deemed participants in the solicitation of proxies
of El Paso's shareholder is contained in a Schedule 14A filed by El Paso
with the Securities and Exchange Commission on February 18, 2003.

                              EL PASO SLIDES

                               EL PASO UPDATE


     o    Preserve and enhance value of core pipeline,
          production, midstream and non-merchant power

     o    Divest non-core businesses quickly, but prudently

     o    Strengthen and simplify balance sheet while
          maximizing liquidity

     o    Aggressively pursue additional cost reductions

     o    Continue to work diligently to resolve regulatory
          and litigation matters


     o    PIPELINES: Protect and enhance value through
          continuous efficiency gains and prudent capital

     o    PRODUCTION: Continue to be the industry leader in
          deep drilling with superior near-term volumes and

     o    MIDSTREAM: Participate in sector growth through El
          Paso Energy Partners

     o    POWER: Maximize earnings and cash flow from
          stable, contracted projects while selling certain
          other assets


                         $ Billions
Total Capital Expenditures
*    2001                    $ 5.7
+    2002 E                  $ 4.0
o    2003 Plan               $ 2.6

$1.1 $1.1 $0.9  $2.3 $2.5 $1.3  $0.2 $0.2 $0.1  $1.4 ($0.1) $0.1  $0.7 $0.3 $0.2
  *    +    o     *    +    o     *    +    o     *     +     o     *    +    o
  Pipelines       Production      Midstream       Power             All Other

2003 ESTIMATED CASH FLOW                                   $BILLIONS
                                                        Year Ending
                                                     December 31, 2003
Estimated operating cash flow                            $2.5 - $2.8
Capital expenditures                                        (2.6)
Common stock dividends                                      (0.2)
Expected asset sales (excl. working capital)                 2.6
Cash flow generation                                     $2.3 - $2.6

Mid-Continent asset sale                                    $0.5
ADJUSTED CASH FLOW GENERATION                            $2.8 - $3.1


     o    El Paso expects a significant increase in liquidity based on
          its announced transactions

          -    Incremental cash of $1.3 billion
          -    Elimination of preferred security redemption (Trinity River)
               of $.8 billion in 2003-2004


     o    $700 MM pipeline bond offerings due 2010
     o    $500 MM sale of Mid-Continent production assets
     o    Refinancing of Trinity River preferred security
          -    $1.0  billion new 2-year term loan backed by remaining
                     reserves currently in Trinity River
          -     (.8) billion Trinity River redemption
               $0.2  billion incremental cash


                                                      $ BILLIONS
         2003 announced asset sales(1)                $2.6
         Mid-Continent asset sale                       .5
                  UPDATE 2003 PLAN                    $3.1

         Closed 2003 to date                          $ .3
         Announced 1Q 2003                              .2
         Mid-Continent asset sale                       .5
              TOTAL PROGRAM PROGRESS                  $1.0

(1) Excludes expected working capital recovery of approximately $300 million

2003 LIQUIDITY                                        $ BILLIONS

   LIQUIDITY AS OF 1/31/03                            $2.6

   2003 Plan
            Cash flow generation                    $2.3-$2.6
            Debt maturities                            (.5)
            Multi-year revolver maturity              (1.0)
            Preferred redemptions                      (.6)
            Electron and Gemstone equity payments      (.2)

   Update for announced transactions
            Pipeline bonds                              .7
            Mid-Continent asset sale                    .5
            2-year term loan                           1.0
            Redemption of preferred security          (0.8)
            Repayment of Electron                     (1.0)
   PROJECTED LIQUIDITY AS OF DECEMBER 31, 2003      $3.0-$3.3


                                       2Q           3Q          4Q       2004(1)
2003 PLAN
    Debt                           $   --     $     300    $   200    $   350
    Multi-year revolver                --         1,000         --         --
    Preferred securities              390           330        410        620
    Plan total                     $  390     $   1,630    $   610    $   970

    Elimination of Trinity River     (235)         (200)      (195)      (195)
    New term loan                      --            --         --        500
         UPDATED TOTAL             $  155     $   1,430    $   415    $ 1,275

GEMSTONE                               --            --         --        950

ADJUSTED TOTAL                     $  155     $   1,430    $   415    $ 2,225
                                   ========== ===========  ========== ==========

    (1) El Paso is actively engaged in renegotiating its 364-day $3 billion
        revolver.  These numbers assume successful renegotiation and extension
        of maturity.