<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
FILED UNDER SECTION 33(A) OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935, AS AMENDED
ON BEHALF OF
GASES DEL CARIBE S.A., E.S.P.,
GASES DE LA GUAJIRA S.A., E.S.P.,
SURTIGAS S.A., E.S.P.,
GASES DEL OCCIDENTE S.A., E.S.P.,
GASORIENTE S.A.,
GAS DE RISARALDA S.A.,
GASNACOL S.A., and
TOLGAS S.A.,
Enron Corp., a Delaware corporation ("Enron"), hereby files this Form
U-57 under Section 33(a) of the Public Utility Holding Company Act of 1935, as
amended (the "Act"), on behalf of certain natural gas distribution companies in
Colombia (the "Colombian Gas Companies"), for the purpose of notifying the
Securities and Exchange Commission that each Colombian Gas Company is a
"foreign utility company" under such Section 33(a).
Enron plans to make an indirect equity investment in each Colombian Gas
Company, in the following manner. Enron owns 100% of the voting securities of
ECT Cayman Reserve 1 Ltd., a Cayman Islands company, which owns 100% of the
voting securities of ECT Cayman Reserve 2 Ltd., a Cayman Islands company (the
"Purchaser"). The Purchaser plans to purchase approximately 30,291,587 shares
of Promigas S.A., E.S.P. ("Promigas"), a Colombian sociedad anonima,
representing approximately 38.67% of the paid-in shares of Promigas. Promigas
is engaged in the business of natural gas transportation, operation of natural
gas pipelines for third parties, promoting the utilization of compressed natural
gas, supplying services complementary to the transportation of natural gas, and
investing in other companies, including fuels and lubricants companies and
natural gas distribution companies, in each case in Colombia. Promigas owns,
directly or indirectly, 10% or more of the voting securities of each Colombian
Gas Company (as set forth in more detail below). Neither Promigas nor any of
the Colombian Gas Companies owns or operates any facilities used for the
generation, transmission or distribution of electric energy for sale.
ITEM 1
Set forth below for each Colombian Gas Company is the following
information: (a) its name; (b) a description (by location in Colombia) of its
natural gas distribution facilities; and (c) to the extent known, each person
that holds five percent or more of any class of voting securities of the
Colombian Gas
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Company, and the amount and nature of the interest. For purposes of this
filing, the business address of each of the Colombia Gas Companies is c/o
Promigas S.A., E.S.P., Calle 66 No. 67-123, Barranquilla, Colombia.
GASES DEL CARIBE S.A., E.S.P.
Facilities: Departments of Atlantico, Magdalena, and
Cesar.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Invercolsa S.A. 7,342,876 48.95%
Promigas S.A. 4,649,013 30.99%
Inversiones Fenicia S.A. 2,680,360 17.86%
</TABLE>
GASES DE LA GUAJIRA S.A., E.S.P.
Facilities: Department of Guajira.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Gases del Caribe S.A., E.S.P. 870,402 71.7%
Invercolsa S.A. 114,512 9.4%
The Empresa Colombiana
de Petroleos 75,645 6.2%
Indegira 73,270 6.0%
Promigas S.A. 68,847 5.7%
</TABLE>
SURTIGAS S.A., E.S.P.
Faciliites: Departments of Bolivar, Cordoba and
Sucre.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Promigas S.A. 50,868,645 80.7%
The Empresa Colombiana
de Petroleos 9,777,756 15.39%
</TABLE>
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GASES DE OCCIDENTE S.A., E.S.P.
Facilities: Departments of Caldas, Risaralda, Quindio,
and Valle del Cauca.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Empresas Municipales del Cali 34,680 20.0%
Cementos del Valle S.A. 32,946 19.0%
Corporacion Financiera del Valle 32,946 19.0%
Promigas S.A. 26,010 15.0%
Gas Natural de Oriente S.A. 26,010 15.0%
Empresa de Energia del Pacifico 12,138 7.0%
</TABLE>
Based on information Enron has received from Promigas, the following companies
may own facilities used for the distribution at retail of natural gas or
manufactured gas. Enron is obtaining additional information on the
activities of these companies in Colombia.
GASORIENTE S.A.
Facilities: Bucaramanga and vicinity.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Terpel Bucaramanga S.A. n/a 23.3%
</TABLE>
<PAGE> 4
GAS DE RISARALDA S.A.
Facilities: Various locations in Colombia.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Gases del Caribe S.A., E.S.P. n/a 37.36%
</TABLE>
GASNACOL S.A.
Facilities: Various locations in Colombia.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Gases del Caribe S.A., E.S.P. n/a 14%
Surtigas S.A., E.S.P. n/a 14%
</TABLE>
TOLGAS S.A.
Facilities: Various locations in Colombia.
Shareholders (5%):
<TABLE>
<CAPTION>
Shareholder No. of Shares Percentage
----------- ------------- ----------
<S> <C> <C>
Surtigas S.A., E.S.P. n/a 10%
</TABLE>
ITEM 2
DOMESTIC ASSOCIATE PUBLIC-UTILITY COMPANIES. None of the Colombian
Gas Companies has any domestic associate public-utility companies.
STATE COMMISSION CERTIFICATION. No state commission certification is
required under Section 33(a)(2) of the Act in connection with this transaction.
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The undersigned company has duly caused this statement to be signed
on its behalf by the undersigned thereunto duly authorized.
ENRON CORP.
By: /s/ KURT S. HUNEKE
-----------------------------
Kurt S. Huneke
Vice President, Finance and Treasurer
January 31, 1996
