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El Paso Corp. (ticker: EP, exchange: New York Stock Exchange (.N)) News Release - 21-Sep-2007

Elba Island Expansion and Elba Express Pipeline Receives FERC Approval

HOUSTON, Sept. 21 /PRNewswire-FirstCall/ -- El Paso Corporation (NYSE: EP) announced today that its subsidiaries, Southern LNG, Inc. and Elba Express Company, L.L.C., have received approval from the Federal Energy Regulatory Commission for two significant projects -- expansion of the Elba Island LNG receiving terminal near Savannah, Georgia, and construction of the new Elba Express Pipeline in eastern Georgia, respectively.

"We continue to focus on developing critical infrastructure necessary to meet the needs of consumers," said Norman Holmes, senior vice president and chief commercial officer for both Southern LNG and Elba Express. "The terminal expansion, Elba Express Pipeline, and the recently completed Cypress Pipeline by another El Paso subsidiary, Southern Natural Gas Company, represent $1.3 billion of projects which provide a significant new source of natural gas to the growing Southeastern markets and beyond."

The expansion of the Elba Island LNG terminal will more than double its storage capacity to 15.7 billion cubic feet (Bcf) and increase the facility's send-out capacity to 2.1 Bcf per day (Bcf/d). Elba Express Pipeline, an approximately 190-mile pipeline with a total capacity of 1.2 Bcf/d, will transport natural gas supplies from the Elba Island LNG terminal to markets in the Southeastern and Eastern United States. The Elba terminal expansion and the Elba Express pipeline projects are fully supported by firm capacity commitments from BG LNG Services, LLC. and Shell NA LNG LLC. The facilities will be constructed in two phases with the initial in-service date expected to be mid-2010.

El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns North America's largest interstate natural gas pipeline system and one of North America's largest independent natural gas producers. For more information, visit http://www.elpaso.com.

Cautionary Statement Regarding Forward-Looking Statements

This release includes forward-looking statements and projections, made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The company has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release, including, without limitation, our ability to successfully design, construct and operate the expansion projects described in this release; competition; and other factors described in the company's (and its affiliates') Securities and Exchange Commission filings. While the company makes these statements and projections in good faith, neither the company nor its management can guarantee that anticipated future results will be achieved. Reference must be made to those filings for additional important factors that may affect actual results. The company assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by the company, whether as a result of new information, future events, or otherwise.

SOURCE El Paso Corporation
09/21/2007

CONTACT: Investor and Public Relations, Bruce L. Connery, Vice President, +1-713-420-5855, or Media Relations, Bill Baerg, Manager, +1-713-420-2906, both of El Paso Corporation

1 09/21/2007 13:46 EDT http://www.prnewswire.com