HOUSTON, Oct 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- El Paso Corporation (NYSE: EP) announced today that it has completed the sale of its interests in two Indonesian power-related assets to Energy World Holdings (Cayman) Limited for $61 million. The assets include the company's 50-percent interest in Energy Equity Epic (Sengkang) Pty., Ltd. and its 47.5-percent interest in PT Energi Sengkang.

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

Editors note: PT Energi Sengkang owns and operates a 135-megawatt combined cycle gas-fired power plant located in South Sulawesi, Indonesia. Energy Equity Epic (Sengkang) Pty., Ltd. owns and operates the gas field and processing facilities that provide fuel to the power plant.

SOURCE El Paso Corporation

investor and public relations, Bruce L. Connery, Vice President, +1-713-420-5855, or fax, +1-713-420-4417, or media relations, Bill Baerg, Manager, +1-713-420-2906, or fax, +1-713-420-4417, both of El Paso Corporation

http://www.elpaso.com