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| R                                                                                                                                                                                                                                                                                 | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                              |                                                                                     |
| For the quarterly period ended June 30, 2009                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                              |                                                                                     |
| OR                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                              |                                                                                     |
| £                                                                                                                                                                                                                                                                            | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                                                                                                                                                                                                                              |                                                                                     |
| For the transition period from                    to                    . |

| Delaware                                                       | 26-0789784                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) |
|                                                           |                                 |
| El Paso Building                                               |                                 |
| 1001 Louisiana Street                                          |                                 |
| Houston, Texas                                                 | 77002                                |
| (Address of Principal Executive Offices)                       | (Zip Code)                           |

| Large accelerated filer £ | Accelerated filer R | Non-accelerated filer £                  | Smaller reporting company £ |
|--------------------------------|---------------------|-----------------------------------------------|----------------------------------|
|                           |                | (Do not check if a smaller reporting company) |                             |

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TABLE OF CONTENTS

|     | Caption                                                                                     | Page  |
|----------|---------------------------------------------------------------------------------------------|------------|
|     |                                                                                        |       |
|     | PART I – Financial Information                                                        |       |
|     |                                                                                        |       |
| Item 1.  | Financial Statements                                                                        | 1          |
| Item 2.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 11         |
| Item 3.  | Quantitative and Qualitative Disclosures About Market Risk                                  | 18         |
| Item 4.  | Controls and Procedures                                                                     | 18         |
|     |                                                                                        |       |
|     | PART II – Other Information                                                           |       |
|     |                                                                                        |       |
| Item 1.  | Legal Proceedings                                                                           | 19         |
| Item 1A. | Risk Factors                                                                                | 19         |
| Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds                                 | 20         |
| Item 3.  | Defaults Upon Senior Securities                                                             | 20         |
| Item 4.  | Submission of Matters to a Vote of Security Holders                                         | 20         |
| Item 5.  | Other Information                                                                           | 20         |
| Item 6.  | Exhibits                                                                                    | 20         |
|     | Signatures                                                                                  | 21         |
|     |                                                                                        |       |

| /d   | = per day                       | MMcf  | = million cubic feet |
|------|---------------------------------|-------|----------------------|
| BBtu | = billion British thermal units | Tonne | = metric ton         |

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Table of Contents

PART I – FINANCIAL INFORMATION

Item 1. Financial Statements

|                                                           |   | Quarter EndedJune 30, |   |   | Six Months EndedJune 30, |   |
|----------------------------------------------------------------|--------|-----------------------|--------|--------|--------------------------|--------|
|                                                           |   | 2009                  |   |   | 2008                     |   |   | 2009 |   |   | 2008 |   |
| Operating revenues                                             |   | $                     | 39.0   |   |                     | $      | 34.6 |   |   | $ | 78.7 |   |   | $ | 68.3 |   |
| Operating expenses                                             |   |                  |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Operation and maintenance                                      |   |                  | 8.3    |   |                     |   | 7.0 |   |   |   | 17.9 |   |   |   | 15.2 |   |
| Depreciation and amortization                                  |   |                  | 7.0    |   |                     |   | 6.7 |   |   |   | 14.0 |   |   |   | 12.9 |   |
| Taxes, other than income taxes                                 |   |                  | 1.1    |   |                     |   | 0.9 |   |   |   | 2.3 |   |   |   | 2.0 |   |
|                                                           |   |                  | 16.4   |   |                     |   | 14.6 |   |   |   | 34.2 |   |   |   | 30.1 |   |
| Operating income                                               |   |                  | 22.6   |   |                     |   | 20.0 |   |   |   | 44.5 |   |   |   | 38.2 |   |
| Earnings from unconsolidated affiliates                        |   |                  | 22.8   |   |                     |   | 7.1 |   |   |   | 51.8 |   |   |   | 22.2 |   |
| Other income, net                                              |   |                  | 0.6    |   |                     |   | 0.3 |   |   |   | 0.8 |   |   |   | 0.2 |   |
| Interest and debt expense, net                                 |   |                  | (5.2   | )      |                     |   | (4.4 | ) |   |   | (10.3 | ) |   |   | (10.0 | ) |
| Net income                                                     |   | $                     | 40.8   |   |                     | $      | 23.0 |   |   | $ | 86.8 |   |   | $ | 50.6 |   |
|                                                           |   |                  |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Net income per limited partner unit — Basic and Diluted: |   |                  |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Common units                                                   |   | $                     | 0.36   |   |                     | $      | 0.27 |   |   | $ | 0.76 |   |   | $ | 0.58 |   |
| Subordinated units                                             |   | $                     | 0.32   |   |                     | $      | 0.27 |   |   | $ | 0.72 |   |   | $ | 0.58 |   |
|                                                           |   |                  |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |

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Table of Contents

|                                                                                                                            |   | June 30, |    |   | December 31, |   |
|---------------------------------------------------------------------------------------------------------------------------------|--------|----------|---------|--------|--------------|--------|
|                                                                                                                            |   | 2009     |    |   | 2008         |   |
| ASSETS                                                                                                                          |   |     |    |   |         |   |
| Current assets                                                                                                                  |   |     |    |   |         |   |
| Cash and cash equivalents                                                                                                       |   | $        | 140.1   |   |         | $      | 10.9 |   |
| Accounts receivable                                                                                                             |   |     |    |   |         |   |   |   |
| Customer, net of allowance of $0.5 in 2009 and 2008                                                                             |   |     | 12.4    |   |         |   | 13.7 |   |
| Affiliates                                                                                                                      |   |     | 22.1    |   |         |   | 21.5 |   |
| Other                                                                                                                           |   |     | — |   |         |   | 1.8 |   |
| Regulatory assets                                                                                                               |   |     | 6.7     |   |         |   | 10.1 |   |
| Other                                                                                                                           |   |     | 4.0     |   |         |   | 4.1 |   |
| Total current assets                                                                                                            |   |     | 185.3   |   |         |   | 62.1 |   |
| Property, plant and equipment, at cost                                                                                          |   |     | 895.8   |   |         |   | 867.6 |   |
| Less accumulated depreciation and amortization                                                                                  |   |     | 235.0   |   |         |   | 221.3 |   |
| Total property, plant and equipment, net                                                                                        |   |     | 660.8   |   |         |   | 646.3 |   |
| Other assets                                                                                                                    |   |     |    |   |         |   |   |   |
| Investments in unconsolidated affiliates                                                                                        |   |     | 713.2   |   |         |   | 715.9 |   |
| Other                                                                                                                           |   |     | 9.9     |   |         |   | 10.3 |   |
|                                                                                                                            |   |     | 723.1   |   |         |   | 726.2 |   |
| Total assets                                                                                                                    |   | $        | 1,569.2 |   |         | $      | 1,434.6 |   |
|                                                                                                                            |   |     |    |   |         |   |   |   |
| LIABILITIES AND PARTNERS’ CAPITAL                                                                                         |   |     |    |   |         |   |   |   |
| Current liabilities                                                                                                             |   |     |    |   |         |   |   |   |
| Accounts payable                                                                                                                |   |     |    |   |         |   |   |   |
| Trade                                                                                                                           |   | $        | 5.6     |   |         | $      | 6.6 |   |
| Affiliates                                                                                                                      |   |     | 2.1     |   |         |   | 2.1 |   |
| Other                                                                                                                           |   |     | 4.7     |   |         |   | 4.5 |   |
| Accrued interest                                                                                                                |   |     | 2.8     |   |         |   | 3.6 |   |
| Taxes payable                                                                                                                   |   |     | 2.6     |   |         |   | 1.8 |   |
| Contractual deposits                                                                                                            |   |     | 1.6     |   |         |   | 1.7 |   |
| Other                                                                                                                           |   |     | 2.3     |   |         |   | 1.1 |   |
| Total current liabilities                                                                                                       |   |     | 21.7    |   |         |   | 21.4 |   |
| Other liabilities                                                                                                               |   |     |    |   |         |   |   |   |
| Long-term financing obligations, including capital lease obligation                                                             |   |     | 712.2   |   |         |   | 777.3 |   |
| Other liabilities                                                                                                               |   |     | 0.2     |   |         |   | 1.5 |   |
|                                                                                                                            |   |     | 712.4   |   |         |   | 778.8 |   |
|                                                                                                                            |   |     |    |   |         |   |   |   |
| Commitments and contingencies (Note 7)                                                                                          |   |     |    |   |         |   |   |   |
| Partners’ capital                                                                                                         |   |     |    |   |         |   |   |   |
| Common units (95,965,923 and 84,970,498 units issued and outstanding at   June 30, 2009 and December 31, 2008)        |   |     | 1,258.4 |   |         |   | 1,064.8 |   |
| Subordinated units (27,727,411 units issued and outstanding at   June 30, 2009 and December 31, 2008)                 |   |     | 292.3   |   |         |   | 289.4 |   |
| General partner units (2,524,354 and 2,299,526 units issued and outstanding at   June 30, 2009 and December 31, 2008) |   |     | (715.6  | )      |         |   | (719.8 | ) |
| Total partners’ capital                                                                                                   |   |     | 835.1   |   |         |   | 634.4 |   |
| Total liabilities and partners’ capital                                                                                   |   | $        | 1,569.2 |   |         | $      | 1,434.6 |   |

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|                                                                      |   | Six Months EndedJune 30, |   |
|---------------------------------------------------------------------------|--------|--------------------------|--------|
|                                                                      |   | 2009                     |   |   | 2008 |   |
|                                                                      |   |                     |   |
| Cash flows from operating activities                                      |   |                     |   |   |   |   |
| Net income                                                                |   | $                        | 86.8   |   |   | $ | 50.6 |   |
| Adjustments to reconcile net income to net cash from operating activities |   |                     |   |   |   |   |   |   |
| Depreciation and amortization                                             |   |                     | 14.0   |   |   |   | 12.9 |   |
| Earnings from unconsolidated affiliates, adjusted for cash distributions  |   |                     | 2.6    |   |   |   | (5.4 | ) |
| Other non-cash income items                                               |   |                     | (0.7   | ) |   |   | (0.7 | ) |
| Asset and liability changes                                               |   |                     | 5.5    |   |   |   | (2.4 | ) |
| Net cash provided by operating activities                                 |   |                     | 108.2  |   |   |   | 55.0 |   |
|                                                                      |   |                     |   |   |   |   |   |   |
| Cash flows from investing activities                                      |   |                     |   |   |   |   |   |   |
| Capital expenditures                                                      |   |                     | (27.7  | ) |   |   | (58.7 | ) |
| Other                                                                     |   |                     | (0.1   | ) |   |   | (0.4 | ) |
| Net cash used in investing activities                                     |   |                     | (27.8  | ) |   |   | (59.1 | ) |
|                                                                      |   |                     |   |   |   |   |   |   |
| Cash flows from financing activities                                      |   |                     |   |   |   |   |   |   |
| Net proceeds from issuance of common and general partner units            |   |                     | 188.1  |   |   |   | — |   |
| Net proceeds from (payments on) borrowings under credit facility          |   |                     | (64.9  | ) |   |   | 40.0 |   |
| Payments to retire long-term debt, including capital lease obligations    |   |                     | (0.2   | ) |   |   | (0.2 | ) |
| Distributions                                                             |   |                     | (74.2  | ) |   |   | (36.0 | ) |
| Net cash provided by financing activities                                 |   |                     | 48.8   |   |   |   | 3.8 |   |
|                                                                      |   |                     |   |   |   |   |   |   |
| Net change in cash and cash equivalents                                   |   |                     | 129.2  |   |   |   | (0.3 | ) |
| Cash and cash equivalents                                                 |   |                     |   |   |   |   |   |   |
| Beginning of period                                                       |   |                     | 10.9   |   |   |   | 4.6 |   |
| End of period                                                             |   | $                        | 140.1  |   |   | $ | 4.3 |   |

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|                                                           |   | Quarter EndedJune 30, 2008                 |   |   | Six Months Ended June 30, 2008 |   |
|----------------------------------------------------------------|--------|--------------------------------------------|--------|--------|--------------------------------|--------|
|                                                           |   | (In millions, except for per unit amounts) |   |
| Revenues                                                       |   | $                                          | 34.6   |   |                           | $      | 68.3 |   |
| Net income                                                     |   |                                       | 33.8   |   |                           |   | 85.0 |   |
| Net income per limited partner unit — Basic and Diluted: |   |                                       |   |   |                           |   |   |   |
| Common units                                                   |   |                                       | 0.29   |   |                           |   | 0.74 |   |
| Subordinated units                                             |   |                                       | 0.29   |   |                           |   | 0.74 |   |

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|   | Quarter Ended June 30,  |   | Six Months Ended June 30, |
|--------|------------------------------|--------|---------------------------|

|                                                                                                                                        |   | 2009          |   |   | 2008                 |   |   | 2009   |   |   | 2008 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|--------|--------|----------------------|--------|--------|--------|--------|--------|------|--------|
|                                                                                                                                        |   | (In millions) |   |   |   (In millions) |   |
|     Net income                                                                                                          |   | $             | 40.8   |   |                 | $      | 23.0   |   |   | $      | 86.8 |   |   | $ | 50.6 |   |
|     Less: general partner’s interest in net income                                                                |   |          | 0.8    |   |                 |   | 0.4    |   |   |   | 1.7  |   |   |   | 1.0 |   |
|     Limited partners’ interest in net income — common and        subordinated |   | $             | 40.0   |   |                 | $      | 22.6   |   |   | $      | 85.1 |   |   | $ | 49.6 |   |

|                                                                                                                                                                                                                                                                                                                                                                                            |   | 2009                                       |   |   | 2008         |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------|--------|--------|--------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                            |   | Common                                     |   |   | Subordinated |   |   | Common |   |   | Subordinated |   |
| Quarter Ended June 30                                                                                                                                                                                                                                                                                                                                                                           |   | (In millions, except for per unit amounts) |   |
| Distributions (1)                                                              |   | $                                          | 32.2   |   |         | $      | 9.2 |   |   | $ | 16.9 |   |   | $ | 8.2 |   |
| Excess of distributions over net income                                                                                                                                                                                                                                                                                                                                                         |   |                                       | (1.0   | )      |         |   | (0.4 | ) |   |   | (1.7 | ) |   |   | (0.8 | ) |
| Limited partners’ interest in net income                                                                                                                                                                                                                                                                                                                                                  |   | $                                          | 31.2   |   |         | $      | 8.8 |   |   | $ | 15.2 |   |   | $ | 7.4 |   |
|                                                                                                                                                                                                                                                                                                                                                                                            |   |                                       |   |   |         |   |   |   |   |   |   |   |   |   |   |   |
|       Weighted average limited partner units outstanding —          Basic and Diluted                                                                                                                                                                                                                                    |   |                                       | 86.8   |   |         |   | 27.7 |   |   |   | 57.2 |   |   |   | 27.7 |   |
|                                                                                                                                                                                                                                                                                                                                                                                            |   |                                       |   |   |         |   |   |   |   |   |   |   |   |   |   |   |
|       Net income per limited partner unit — Basic and Diluted                                                                                                                                                                                                                                                                                                    |   | $                                          | 0.36   |   |         | $      | 0.32 |   |   | $ | 0.27 |   |   | $ | 0.27 |   |

|                                                                                                                                                                                                                                                                                                                                                                                            |   | 2009                                       |   |   | 2008         |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------|--------|--------|--------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                            |   | Common                                     |   |   | Subordinated |   |   | Common |   |   | Subordinated |   |
| Six Months Ended June 30                                                                                                                                                                                                                                                                                                                                                                        |   | (In millions, except for per unit amounts) |   |
| Distributions (1)                                                              |   | $                                          | 59.8   |   |         | $      | 18.2 |   |   | $ | 33.3 |   |   | $ | 16.2 |   |
| Excess of net income over distributions                                                                                                                                                                                                                                                                                                                                                         |   |                                       | 5.4    |   |         |   | 1.7 |   |   |   | 0.1 |   |   |   | — |   |
| Limited partners’ interest in net income                                                                                                                                                                                                                                                                                                                                                  |   | $                                          | 65.2   |   |         | $      | 19.9 |   |   | $ | 33.4 |   |   | $ | 16.2 |   |
|                                                                                                                                                                                                                                                                                                                                                                                            |   |                                       |   |   |         |   |   |   |   |   |   |   |   |   |   |   |
|       Weighted average limited partner units outstanding —         Basic and Diluted                                                                                                                                                                                                                                     |   |                                       | 85.9   |   |         |   | 27.7 |   |   |   | 57.2 |   |   |   | 27.7 |   |
|                                                                                                                                                                                                                                                                                                                                                                                            |   |                                       |   |   |         |   |   |   |   |   |   |   |   |   |   |   |
|       Net income per limited partner unit — Basic and Diluted                                                                                                                                                                                                                                                                                               |   | $                                          | 0.76   |   |         | $      | 0.72 |   |   | $ | 0.58 |   |   | $ | 0.58 |   |

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|   Quarter Ended  |   | Total QuarterlyDistribution Per Unit |    |   | Total CashDistribution |   |  Date ofDeclaration |   |  Date ofDistribution |
|---------------------------------|--------|--------------------------------------|---------|--------|------------------------|--------|--------------------------|--------|---------------------------|
|                            |   |                                 |    |   |                   |   |                     |   |                      |
| March 31, 2008                  |   | $                                    | 0.28750 |   |                   | $      | 24.9                     |   | April 2008                |   | May 2008 |
| June 30, 2008                   |   |                                 | 0.29500 |   |                   |   | 25.6                     |   | July 2008                 |   | August 2008 |
| March 31, 2009                  |   |                                 | 0.32500 |   |                   |   | 37.4                     |   | April 2009                |   | May 2009 |
| June 30, 2009                   |   |                                 | 0.33000 |   |                   |   | 42.2                     |   | July 2009                 |   | August 2009 |

|                                                          |   | June 30, 2009  |   |   | December 31, 2008 |   |
|---------------------------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
|                                                     |   | CarryingAmount |   |   | FairValue         |   |   | CarryingAmount |   |   | FairValue |   |
|                                                          |   | (In millions)  |   |
| Long-term financing obligations, including current maturities |   | $              | 712.7  |   |              | $      | 637.6 |   |   | $ | 777.8 |   |   | $ | 624.6 |   |

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|    |   | Investment    |   |   | Earnings from Unconsolidated Affiliates |
|--------------|--------|---------------|--------|--------|----------------------------------------------|
|         |   | June 30,      |   |   | December 31,                                 |   |   | Quarter Ended June 30, |   |   | Six Months Ended June 30, |
|         |   | 2009          |   |   | 2008                                         |   |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |
|         |   | (In millions) |   |   | (In millions)                                |
| CIG          |   | $             | 316.0  |   |                                         | $ | 322.1 |   |   | $ | 10.8 |   |   | $ | 1.9 |   |   | $ | 27.3 |   |   | $ | 7.6 |   |
| SNG          |   |          | 397.2  |   |                                         |   | 393.8 |   |   |   | 12.0 |   |   |   | 5.2 |   |   |   | 24.5 |   |   |   | 14.6 |   |
| Total        |   | $             | 713.2  |   |                                         | $ | 715.9 |   |   | $ | 22.8 |   |   | $ | 7.1 |   |   | $ | 51.8 |   |   | $ | 22.2 |   |

| Quarters Ended June 30,                          |   | CIG                 |          |   | SNG    |
|--------------------------------------------------|--------|---------------------|---------------|--------|--------|
|                                             |   | 2009                |          |   | 2008   |   |   | 2009 |   |   | 2008 |
|                                             |   |  (In millions) | (In millions) |
| Operating results data:                          |   |                |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating revenues                               |   | $                   | 34.0          |   |   | $ | 7.4 |   |   | $ | 29.7 |   |   | $ | 12.5 |   |
|    Operating expenses             |   |                | 19.5          |   |   |   | 4.8 |   |   |   | 15.4 |   |   |   | 6.4 |   |
| Income from continuing operations and net income |   |                | 10.8          |   |   |   | 1.9 |   |   |   | 12.0 |   |   |   | 5.2 |   |

| Six Months Ended June 30,                        |   | CIG                 |          |   | SNG    |
|--------------------------------------------------|--------|---------------------|---------------|--------|--------|
|                                             |   | 2009                |          |   | 2008   |   |   | 2009 |   |   | 2008 |
|                                             |   |  (In millions) | (In millions) |
| Operating results data:                          |   |                |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating revenues                               |   | $                   | 72.9          |   |   | $ | 6.4 |   |   | $ | 61.3 |   |   | $ | 28.8 |   |
|    Operating expenses             |   |                | 38.0          |   |   |   | 8.8 |   |   |   | 30.9 |   |   |   | 12.6 |   |
| Income from continuing operations and net income |   |                | 27.3          |   |   |   | 7.6 |   |   |   | 24.5 |   |   |   | 14.6 |   |

|   |   | Quarter Ended June 30, |   |   | Six Months Ended June 30, |
|--------|--------|------------------------|--------|--------|---------------------------|
|   |   | 2009                   |   |   | 2008                      |   |   | 2009 |   |   | 2008 |
|   |   | (In millions)          |
| CIG    |   | $                      | 15.9   |   |                      | $ | 4.2 |   |   | $ | 33.3 |   |   | $ | 5.7 |   |
| SNG    |   |                   | 12.3   |   |                      |   | 9.1 |   |   |   | 21.1 |   |   |   | 11.1 |   |
| Total  |   | $                      | 28.2   |   |                      | $ | 13.3 |   |   | $ | 54.4 |   |   | $ | 16.8 |   |

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|                                              |   | Quarter Ended June 30, |          |   | Six Months Ended June 30, |
|---------------------------------------------------|--------|------------------------|---------------|--------|---------------------------|
|                                              |   | 2009                   |          |   | 2008                      |   |   | 2009 |   |   | 2008 |
|                                              |   |  (In millions)    | (In millions) |
| Revenues from affiliates                          |   | $                      | 2.8           |   |                      | $ | 2.8 |   |   | $ | 5.6 |   |   | $ | 5.6 |   |
| Operation and maintenance expense from affiliates |   |                   | 4.0           |   |                      |   | 3.3 |   |   |   | 8.0 |   |   |   | 6.8 |   |

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

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|                                     |   | Quarter Ended                     |   |   | Six Months Ended |   |
|------------------------------------------|--------|-----------------------------------|--------|--------|------------------|--------|
|                                     |   | June 30,                          |   |   | June 30,         |   |
|                                     |   | 2009                              |   |   | 2008             |   |   | 2009 |   |   | 2008 |   |
|                                     |   | (In millions, except for volumes) |   |
| Operating revenues                       |   | $                                 | 39.0   |   |             | $      | 34.6 |   |   | $ | 78.7 |   |   | $ | 68.3 |   |
| Operating expenses                       |   |                              | (16.4  | )      |             |   | (14.6 | ) |   |   | (34.2 | ) |   |   | (30.1 | ) |
| Operating income                         |   |                              | 22.6   |   |             |   | 20.0 |   |   |   | 44.5 |   |   |   | 38.2 |   |
| Earnings from unconsolidated affiliates  |   |                              | 22.8   |   |             |   | 7.1 |   |   |   | 51.8 |   |   |   | 22.2 |   |
| Other income, net                        |   |                              | 0.6    |   |             |   | 0.3 |   |   |   | 0.8 |   |   |   | 0.2 |   |
| EBIT                                     |   |                              | 46.0   |   |             |   | 27.4 |   |   |   | 97.1 |   |   |   | 60.6 |   |
| Interest and debt expense, net           |   |                              | (5.2   | )      |             |   | (4.4 | ) |   |   | (10.3 | ) |   |   | (10.0 | ) |
| Net income                               |   | $                                 | 40.8   |   |             | $      | 23.0 |   |   | $ | 86.8 |   |   | $ | 50.6 |   |
|                                     |   |                              |   |   |             |   |   |   |   |   |   |   |   |   |   |   |
| WIC throughput volumes (BBtu/d)(1)  |   |                              | 2,739  |   |             |   | 2,503 |   |   |   | 2,722 |   |   |   | 2,461 |   |

|                                    |   | Quarter Ended June 30,  |    |   | Six Months Ended June 30, |   |
|-----------------------------------------|--------|-------------------------|---------|--------|---------------------------|--------|
|                                    |   | Revenue                 |    |   | Expense                   |   |   | Other |   |   | EBITImpact |   |   | Revenue |   |   | Expense |   |   | Other |   |   | EBITImpact |   |
|                                    |   | Favorable/(Unfavorable) |    |
|                                    |   |   (In millions)    |    |
| Transportation revenues                 |   | $                       | 2.2     |   |                      | $      | — |   |   | $ | — |   |   | $ | 2.2 |   |   | $ | 5.3 |   |   | $ | — |   |   | $ | — |   |   | $ | 5.3 |   |
| Expansions                              |   |                    | 2.2     |   |                      |   | (0.3 | ) |   |   | 0.2 |   |   |   | 2.1 |   |   |   | 5.1 |   |   |   | (1.0 | ) |   |   | 0.1 |   |   |   | 4.2 |   |
| Operational gas and revaluations        |   |                    | — |   |                      |   | (0.9 | ) |   |   | — |   |   |   | (0.9 | ) |   |   | — |   |   |   | (3.4 | ) |   |   | — |   |   |   | (3.4 | ) |
| Earnings from unconsolidated affiliates |   |                    | — |   |                      |   | — |   |   |   | 15.7 |   |   |   | 15.7 |   |   |   | — |   |   |   | — |   |   |   | 29.6 |   |   |   | 29.6 |   |
| Other(1)                           |   |                    | — |   |                      |   | (0.6 | ) |   |   | 0.1 |   |   |   | (0.5 | ) |   |   | — |   |   |   | 0.3 |   |   |   | 0.5 |   |   |   | 0.8 |   |
| Total impact on EBIT                    |   | $                       | 4.4     |   |                      | $      | (1.8 | ) |   | $ | 16.0 |   |   | $ | 18.6 |   |   | $ | 10.4 |   |   | $ | (4.1 | ) |   | $ | 30.2 |   |   | $ | 36.5 |   |

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|                                                |   | Quarter EndedJune 30, |   |   | Six Months EndedJune 30, |   |
|-----------------------------------------------------|--------|-----------------------|--------|--------|--------------------------|--------|
|                                                |   | 2009                  |   |   | 2008                     |   |   | 2009 |   |   | 2008 |   |
|                                                |   | (In millions)         |   |
| Average credit facility balance outstanding         |   | $                     | 575    |   |                     | $      | 498 |   |   | $ | 578 |   |   | $ | 485 |   |
| Average interest rate on credit facility borrowings |   |                  | 0.8    | %      |                     |   | 3.0 | % |   |   | 0.9 | % |   |   | 3.8 | % |

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|                                            |   | 2009          |   |   | 2008   |   |
|-------------------------------------------------|--------|---------------|--------|--------|--------|--------|
|                                            |   | (In millions) |   |
| Net income                                      |   | $             | 86.8   |   |   | $      | 50.6 |   |
| Add: Interest and debt expense, net             |   |          | 10.3   |   |   |   | 10.0 |   |
| EBIT (1)                                   |   |          | 97.1   |   |   |   | 60.6 |   |
| Add:                                            |   |          |   |   |   |   |   |   |
| Depreciation and amortization                   |   |          | 14.0   |   |   |   | 12.9 |   |
| Distributions declared by CIG and SNG (2)  |   |          | 49.7   |   |   |   | 20.4 |   |
| Less:                                           |   |          |   |   |   |   |   |   |
| Equity earnings from CIG and SNG                |   |          | (51.8  | )      |   |   | (22.2 | ) |
|                                            |   |          |   |   |   |   |   |   |
| Adjusted EBITDA                                 |   |          | 109.0  |   |   |   | 71.7 |   |
|                                            |   |          |   |   |   |   |   |   |
| Less:                                           |   |          |   |   |   |   |   |   |
| Cash interest expense, net                      |   |          | (10.1  | )      |   |   | (10.1 | ) |
| Maintenance capital expenditures                |   |          | (0.7   | )      |   |   | (1.0 | ) |
| Other, net (3)                             |   |          | (1.0   | )      |   |   | (4.5 | ) |
|                                            |   |          |   |   |   |   |   |   |
| Distributable Cash Flow                         |   | $             | 97.2   |   |   | $      | 56.1 |   |

| (1) | For a further discussion of our use of EBIT, see Results of Operations. |
|-----|-------------------------------------------------------------------------|

| (2) | Distributable cash flow reflects a 40-percent ownership interest in CIG as of June 30, 2009, including $10.3 million in declared distributions from CIG for the quarter ended June 30, 2009.  In July, 2009, CIG made a $15.0 million distribution to the partnership with $4.7 million related to the acquisition of an additional 18 percent interest in CIG. This incremental distribution will be included in the third quarter distributablecash flow. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Includes certain non-cash items such as AFUDC equity and other items. |
|-----|-----------------------------------------------------------------------|

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|                                                           |   | 2009          |   |
|----------------------------------------------------------------|--------|---------------|--------|
|                                                           |   | (In millions) |   |
| Cash Flow from Operations                                      |   |          |   |
| Net income                                                     |   | $             | 86.8   |   |
| Other income adjustments                                       |   |          | 15.9   |   |
| Change in other assets and liabilities                         |   |          | 5.5    |   |
| Total cash flow from operations                                |   | $             | 108.2  |   |
|                                                           |   |          |   |   |
| Other Cash Inflows                                             |   |          |   |   |
| Financing activities                                           |   |          |   |   |
| Net proceeds from issuance of common and general partner units |   | $             | 188.1  |   |
| Total other cash inflows                                       |   | $             | 188.1  |   |
|                                                           |   |          |   |   |
| Cash Outflows                                                  |   |          |   |   |
| Investing activities                                           |   |          |   |   |
| Capital expenditures                                           |   | $             | 27.7   |   |
| Other                                                          |   |          | 0.1    |   |
|                                                           |   |          | 27.8   |   |
| Financing activities                                           |   |          |   |   |
| Payments on borrowings under credit facility                   |   |          | 64.9   |   |
| Distributions                                                  |   |          | 74.2   |   |
| Other                                                          |   |          | 0.2    |   |
| Total cash outflows                                            |   | $             | 167.1  |   |
| Net change in cash                                             |   | $             | 129.2  |   |

|    |   | Six Months Ended June 30, 2009 |   |   | Remaining2009 |   |   | Total  |   |
|--------------|--------|--------------------------------|--------|--------|---------------|--------|--------|--------|--------|
|         |   | (In millions)                  |   |
| Maintenance  |   | $                              | 0.7    |   |          | $      | 1.1    |   |   | $ | 1.8 |   |
| Expansion    |   |                           | 27.0   |   |          |   | 34.9   |   |   |   | 61.9 |   |
| Total        |   | $                              | 27.7   |   |          | $      | 36.0   |   |   | $ | 63.7 |   |

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Item 3. Quantitative and Qualitative Disclosures About Market Risk

Item 4. Controls and Procedures

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PART II – OTHER INFORMATION

Item 1. Legal Proceedings

Item 1A. Risk Factors

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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Item 3. Defaults Upon Senior Securities

Item 4. Submission of Matters to a Vote of Security Holders

Item 5. Other Information

Item 6. Exhibits

| ·   | should not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | may have been qualified by disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | may apply standards of materiality in a way that is different from what may be viewed as material to certain investors; and |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| ·   | were made only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement and are subject to more recent developments. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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SIGNATURES

|                                  | EL PASO PIPELINE PARTNERS, L.P. |                                  |
|---------------------------------------|---------------------------------|---------------------------------------|
|                                  | By:                        | El Paso Pipeline GP Company, L.L.C.,  |   |
|                                  |                            | its General Partner                   |   |
|                                  |                            |                                  |   |
|                                  |                            |                                  |   |
| Date:  August 7, 2009  |                            | /s/ James C. Yardley             |   |
|                                  |                            | James C. Yardley                      |   |
|                                  |                            | President and Chief Executive Officer |   |
|                                  |                            | (Principal Executive Officer)         |   |

|                                  |   |                                                          |
|---------------------------------------|--------|---------------------------------------------------------------|
|                                  |   |                                                          |   |
| Date:  August 7, 2009  |   | /s/ John R. Sult                                         |   |
|                                  |   | John R. Sult                                                  |   |
|                                  |   | Senior Vice President, Chief Financial Officer and Controller |   |
|                                  |   | (Principal Accounting and Financial Officer)                  |   |

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| ExhibitNumber |  Description                                                                                   |
|---------------|-----------------------------------------------------------------------------------------------------|
|  12      | Ratio of Earnings to Fixed Charges                                                                  |
|  31.A    | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|  31.B    | Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|  32.A    | Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|  32.B    | Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

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