EL PASO ENERGY INTERNATIONAL CO
U-57, 2000-07-05
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             SECURITIES AND EXCHANGE COMMISSION
                      Washington, D. C.

                          Form U-57

       NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS

      Filing under Section 33(a) of the Public Utility
     Holding Company Act of 1935, as amended (the "Act")

                 NEPC Consortium Power Ltd.

              (Name of foreign utility company)

            El Paso Energy International Company
                    1001 Louisiana Street
                    Houston, Texas  77002

            (Name and address of filing company)


      Communications  regarding this Application  should  be
addressed to the following person:

                    Robert W. Baker
                    El Paso Energy International Company
                    1001 Louisiana Street
                    Houston, Texas   77002
                    Telephone:   (713) 420-7021
                    Facsimile:    (713) 420-2813


                           ITEM 1

     State  the name of the entity claiming foreign  utility
     company status, its business address, and a description
     of    the   facilities   used   for   the   generation,
     transmission, and distribution of electric  energy  for
     sale  or  for the distribution at retail of natural  or
     manufactured  gas.  To the extent known, identify  each
     person that holds five percent or more of any class  of
     voting  securities of the foreign utility  company  and
     describe the amount and nature of the interest.

      El  Paso  Energy  International Company  ("El  Paso"),
acting  on  behalf  of  Hanwha Energy Co.  Ltd.,  a  limited
liability  company organized under the laws of  South  Korea
("HEC"), hereby notifies the Commission, pursuant to Section
33(a)  of  the Act and Rule 57 thereunder, that  NEPC  is  a
foreign utility company within the meaning of Section  33(a)
of the Act.

Name and Business Address

                   Hanwha Energy Co. Ltd.
                  #1 Changgyo-dong Chung-gu
                        Seoul, Korea

Description of Facilities

       HEC   owns  an  approximately  1,800  MW  LNG   fired
cogeneration  facility located in Inchon, South  Korea  (the
"Facility").   The  Facility will  supply  power  to  Korean
Electric   Power  Corporation  ("KEPCO"),  the   state-owned
generation and transmission utility in Korea, pursuant to  a
seventeen-year  power purchase agreement.  The  Facility  is
currently  under  construction and is expected  to  commence
full commercial operations in the next few months.

     HEC  derives  no  part  of  its  income,  directly   or
indirectly,   from   the   generation,   transmission,    or
distribution  at retail of natural or manufactured  gas  for
heat, lights, or power, within the United States, and HEC is
not a public utility company operating in the United States.


Ownership

     The ownership of HEC is as follows:

     (a)  El  Paso Korea Holding Company Ltd. ("EP Holdco"),
          a  corporation  organized and existing  under  the
          laws  of  Korea,  owns  50%  of  the  issued   and
          outstanding shares of HEC.  El Paso Asia  (Labuan)
          Limited  ("EP  Labuan"), a company  organized  and
          existing under the laws of Labuan, owns 100% of EP
          Holdco.   EPED B Company, a company organized  and
          existing  under  the laws of the  Cayman  Islands,
          owns 100% of 100% of EP Labuan.  EPED B Company is
          an  indirect wholly-owned subsidiary  of  El  Paso
          Energy  International Company, a company organized
          under  the  laws  of  Delaware.   El  Paso  Energy
          International Company is an indirect  wholly-owned
          subsidiary  of  El  Paso  Energy  Corporation,   a
          publicly  listed  company organized  in  Delaware.
          Several    of   El   Paso   Energy   Corporation's
          subsidiaries, such as El Paso Natural Gas  Company
          and Tennessee Gas Pipeline Company, are subject to
          regulation   by  the  Federal  Energy   Regulatory
          Commission  as interstate pipelines in the  United
          States.

     (b)  Hanwha Corporation., a company organized under the
          laws  of  the  Korea, owns 50% of the  issued  and
          outstanding  shares of HEC.  Hanwha is  a  closely
          held Korean corporation.



                           ITEM 2

     State the name of any domestic associate public utility
     company and, if applicable, its holding company, and  a
     description  of  the relationship between  the  foreign
     utility  company  and such company,  and  the  purchase
     price  paid  by  any  such  domestic  associate  public
     utility company for its interest in the foreign utility
     company.

     As noted above, El Paso Energy International Company is
an  indirect subsidiary of El Paso Energy Corporation, which
owns  El Paso Natural Gas Company and Tennessee Gas Pipeline
Company.  Some of the assets of El Paso Natural Gas  Company
and Tennessee Gas Pipeline Company are subject to regulation
by  the  Federal Energy Regulatory Commission.   Neither  El
Paso Natural Gas Company, Tennessee Gas Pipeline Company nor
any   of  their  affiliates  are  subject  to  retail   rate
regulation  by any state utility commission.  No portion  of
the  purchase price for HEC was paid by El Paso Natural Gas
Company or Tennessee Gas Pipeline Company.


                          EXHIBIT A

     State   certifications,  as  required   under   Section
     33(a)(2)  of  the  Act,  have been  received  from  the
     following state commissions and are attached hereto.

                            None.



                          SIGNATURE

      The undersigned company has duly caused this statement
to be signed on its behalf by the undersigned thereunto duly
authorized.

                         EL PASO ENERGY INTERNATIONAL COMPANY



                         By:  /s/ Robert W. Baker
                             ___________________________
                              Robert W. Baker
                          Vice President and Associate
                              General Counsel


Date: July 5, 2000



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