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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-33-S
ANNUAL REPORT CONCERNING FOREIGN UTILITY COMPANIES
Filed under Section 33(e) of the Public Utility
Holding Company Act of 1935, as amended
For the Fiscal Year Ended June 30, 1999
Filed pursuant to the Public Utility Holding Company Act of 1935
by
Southern Union Company
504 Lavaca Street, Eighth Floor
Austin, Texas 78701
(Name and address)
The Commission is requested to mail copies of all
communications relating to this Annual Report to:
Dennis K. Morgan
Senior Vice President - Legal and Secretary
Southern Union Company
President
Southern Union Energy International, Inc.
and
President
Southern Union International Investments, Inc.
504 Lavaca Street, Eighth Floor
Austin, Texas 78701
Stephen A. Bouchard
Fleischman and Walsh, L.L.P.
1400 Sixteenth Street, N.W., Suite 600
Washington, D.C. 20036
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Southern Union Company ("Southern Union"), a Delaware corpora-
tion, hereby files this Annual Report Concerning Foreign Utility
Companies on Form U-33-S pursuant to Section 33(e) of the Public
Utility Holding Company Act of 1935, as amended (the "Act"), and
Rule 57(b) of the implementing regulations thereunder, on behalf
of Compania Nacional de Gas, S.A. de C.V. ("CNG").
Southern Union distributes natural gas as a public utility in the
States of Texas, Missouri, Pennsylvania and Florida through
Southern Union Gas, Missouri Gas Energy, PG Energy and Atlantic
Utilities, respectively, each of which is a division of Southern
Union. CNG is a limited liability variable stock corporation
(sociedad anonima de capital variable) organized under the laws
of the United Mexican States. CNG is a "gas utility company"
for purposes of the Act. Southern Union acquired an equity
interest in CNG on July 23, 1997. Southern Union is a domestic
associate public-utility company of CNG under Section 2(a)(10)
of the Act.
Item 1. Name, Business Address, Facilities and Ownership
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The name and business address of CNG is:
Compania Nacional de Gas, S.A. de C.V.
Edificio Salart
Morelos 511 Sur
Piedras Negras, Coahuila
Mexico
CNG provides natural gas distribution services at retail in
Piedras Negras, Coahuila, Mexico, under a permit granted by
Mexican authorities. Natural gas is received by CNG via two
city gates with a loop pipeline developed system which utilizes
five to 20 pound pressure. CNG's distribution system was
established in 1934.
CNG has outstanding a single class of capital shares, par value
one peso per share, which shares are the only class of voting
securities outstanding. Southern Union indirectly owns approxi-
mately 43% of the outstanding capital stock of CNG, through
Southern Union Energy International, Inc. ("SUEI") and Southern
Union International Investments, Inc. ("SUII"), two wholly-owned
Delaware subsidiaries of Southern Union that own 100% of the
capital stock of Energia Estrella del Sur, S. A. de C. V.,
their Mexican subsidiary ("EES"). The majority of the remainder
of the capital shares of CNG presently are owned by members of
the Cobo and Libson families.
Item 2. Guarantees of Financial Obligations
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Southern Union presently is not subject to recourse for any debt
or other financial obligation (through direct or indirect
guaranties or otherwise) of CNG.
Item 3. Technical Services Contracts
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There presently is no service, sales or construction contract
between Southern Union and CNG; however, there are several agree-
ments for management services, gas supply and meter repair between
Southern Union or its subsidiary companies and CNG or its affiliated
companies.
Exhibit A. Organizational Chart
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SOUTHERN UNION COMPANY
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SOUTHERN UNION ENERGY SOUTHERN UNION INTERNATIONAL
INTERNATIONAL, INC. ("SUEI") INVESTMENTS, INC. ("SUII")
(wholly-owned subsidiary (wholly-owned subsidiary
of Southern Union Company) of Southern Union Company)
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ENERGIA ESTRELLA DEL SUR,
S.A. DE C.V. ("EES") (99%
of stock owned by SUEI;
1% of stock owned by SUII)
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COMPANIA NACIONAL DE GAS,
S.A. DE C.V. (43% of stock
owned by EES)
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SIGNATURE
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The undersigned company has duly caused this annual report to be
signed on its behalf by the undersigned thereunto duly authorized
pursuant to the requirements of the Public Utility Holding Com-
pany Act of 1935. The signature of the undersigned company shall
be deemed to relate only to matters having reference to such com-
pany or its subsidiaries.
SOUTHERN UNION COMPANY
Date: April 28, 2000 By: DAVID J. KVAPIL
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David J. Kvapil
Senior Vice President and
Corporate Controller (Vice
President and Controller,
Southern Union Energy
International, Inc. and
Vice President and Controller,
Southern Union International
Investments, Inc.)
