Exhibit 21

                         ENRON CORP.
                  AND SUBSIDIARY COMPANIES


ATLANTIC COMMERCIAL FINANCE B.V., i.l. (Cayman Islands)
(100.00%)
ATLANTIC COMMERCIAL FINANCE, INC. (Delaware) (100.00%)
     Atlantic India Holdings Ltd. (Cayman Islands) (100.00%)
          Offshore Power Production C.V. (The Netherlands)
          (99.70%)
               DPC Holdings C.V. (The Netherlands) (79.90%)
                    Enron Mauritius Company (Mauritius)
                    (98.90%)
                         Dabhol Power Company (India)
                         (80.00%)
               Enron India Holdings Ltd. (Cayman Islands)
               (100.00%)
                    Enron Mauritius Company (Mauritius)
                    (1.00%)
                         Dabhol Power Company (India)
                         (80.00%)
                    DPC Holdings C.V. (The Netherlands)
                    (0.10%)
                         Enron Mauritius Company (Mauritius)
                         (98.90%)
                              Dabhol Power Company (India)
                              (80.00%)
               Enron Mauritius Company (Mauritius) (0.10%)
                    Dabhol Power Company (India) (80.00%)
     BR-VT Holdings Ltd. (Cayman Islands) (100.00%)
          BR-VT Investments Ltd. (Cayman Islands) (100.00%)
     Compression Projects Finance Ltd. (Cayman Islands)
     (100.00%)
     EDC Atlantic Ltd. (Cayman Islands) (100.00%)
          Enron Caribe C.V. (Cayman Islands) (1.00%)
          Enron Power I C.V. (The Netherlands) (99.00%)
          Enron Power II C.V. (The Netherlands) (99.00%)
          Enron Power Colombia C.V. (The Netherlands)
          (99.00%)
     EI Venezuela Holdings Ltd. (Cayman Islands) (100.00%)
          EI Venezuela Development Ltd. (Cayman Islands)
          (99.00%)
               Hanover/Enron Venezuela Ltd. (Cayman Islands)
               (40.00%)
          EI Venezuela Investments Ltd. (Cayman Islands)
          (100.00%)
               EI Venezuela Development Ltd. (Cayman
               Islands) (1.00%)
                    Hanover/Enron Venezuela Ltd. (Cayman
                    Islands) (40.00%)
     Enron Agua Colombia Holdings Ltd. (Cayman Islands)
     (100.00%)
          Enron Agua Colombia Investments Ltd. (Cayman
          Islands) (100.00%)
          Enron Agua Colombia Ltd. (Cayman Islands) (99.00%)
     Enron Agua Panama Holdings Ltd.(Cayman Islands)
     (100.00%)
          Enron Agua Panama Investments Ltd. (Cayman
          Islands) (100.00%)
     Enron Agua Philippines Holdings Ltd. (Cayman Islands)
     (100.00%)
          Enron Agua Philippines Investments Ltd. (Cayman
          Islands) (100.00%)
          Enron Agua Philippines Ltd. (Cayman Islands)
          (99.00%)
     Enron Argentina Development Ltd. (Cayman Islands)
     (100.00%)
          CORDEX Americas 1997, L.L.C. (Delaware) (50.00%)
     Enron Brazil Gas Supply Ltd. (Cayman Islands) (100.00%)
     Enron Brazil Pipeline Ltd. (Cayman Islands) (100.00%)
     Enron Brazil Power Holdings I Ltd. (Cayman Islands)
     (100.00%)
          EGE - Empresa de Geracao de Energia Ltd. (99.00%)
          Enron Brazil Power Investments I Ltd. (Cayman
          Islands) (100.00%)
               EGE - Empresa de Geracao de Energia Ltd.
               (1.00%)
     Enron Brazil Power Holdings II Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments II Ltd. (Cayman
          Islands) (100.00%)
               ESAE - Empresa Sul Americana de Energia Ltda.
               (Brazil) (50.00%)
          ESAE - Empresa Sul Americana de Energia Ltda.
          (Brazil) (50.00%)
     Enron Brazil Power Holdings III Ltd.(Cayman Islands)
     (100.00%)
          EBE-Empresa Brasileira de Energia Ltda. (Brazil)
          (99.00%)
          Enron Brazil Power Investments III Ltd.(Cayman
          Islands) (100.00%)
               EBE - Empresa Brasileira de Energia Ltda.
               (Brazil) (1.00%)
     Enron Brazil Power Holdings IV Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments IV Ltd. (Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings V Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments V Ltd.(Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings VI Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments VI Ltd. (Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings VII Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments VII Ltd.(Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings VIII Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments VIII Ltd. (Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings IX Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments IX Ltd. (Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings X Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments X Ltd. (Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings XI Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments XI Ltd.(Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings XII Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments XII Ltd.(Cayman
          Islands) (100.00%)
     Enron Brazil Power Holdings XIII Ltd. (Cayman Islands)
     (100.00%)
          Enron Brazil Power Investments XIII Ltd.(Cayman
          Islands) (100.00%)
     Enron Caribe Holdings Ltd.(Cayman Islands) (100.00%)
          Enron Caribe Ltd.(Cayman Islands) (100.00%)
     Enron Caribe IV Holdings Ltd.(Cayman Islands) (100.00%)
          Enron Caribe IV Ltd.(Cayman Islands) (100.00%)
     Enron Caribe V Holdings Ltd.(Cayman Islands) (100.00%)
          Enron Caribe V Ltd.(Cayman Islands) (100.00%)
     Enron Colombia Energy B.V. (The Netherlands) (100.00%)
          Enron Power Colombia C.V. (The Netherlands)
          (1.00%)
     Enron Colombia Holdings Ltd. (Cayman Islands) (100.00%)
          Enron Colombia Ventures Ltd. (Cayman Islands)
          (100.00%)
     Enron Colombia, Inc. (Delaware) (100.00%)
     Enron Colombia Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Colombia Transportation B.V. (The Netherlands)
     (100.00%)
          Enron Colombia Transportation B.V. Colombia Branch
          (Colombia) (100.00%)
     Enron Development Shanghai Ltd.(Cayman Islands)
     (100.00%)
     Enron Development Spain Ltd. (Cayman Islands) (100.00%)
     Enron do Brazil Holdings Ltd. (Cayman Islands)
     (100.00%)
          EPE-Empressa Produtora de Energia Ltda. (Brazil)
          (90.00%)
          Enron do Brazil Investments Ltd. (Cayman Islands)
          (100.00%)
               EPE-Empressa Produtora de Energia Ltda.
               (Brazil) (10.00%)
     Enron Electric Brazil Holdings Ltd. (Cayman Islands)
     (100.00%)
          Enron Electric Brazil Ltd. (Cayman Islands)
          (100.00%)
     Enron Electrica de Venezuela Ltd. (Cayman Islands)
     (100.00%)
     Enron Energy Marketing Colombia Ltd. (Cayman Islands)
     (100.00%)
     Enron EPI Ltd. (Cayman Islands) (100.00%)
     Enron Equity Corp. (Delaware) (14.00%)
          ECT Colombia Pipeline Holdings 1 Ltd. (Cayman
          Islands) (100.00%)
               ECT Colombia Pipeline Holdings 2 Ltd. (Cayman
               Islands) (100.00%)
                    Promigas S.A., E.S.P. (Colombia)
                    (38.67%)
          Enron Global Power & Pipelines L.L.C. (Delaware)
          (1.90%)
               Enron Dominican Republic Ltd. (Cayman
               Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (49.00%)
               Smith/Enron O&M Limited Partnership (Turks &
               Caicos Isles) (49.00%)
          Enron Dominican Republic Operations Ltd. (Cayman
          Islands) (100.00%)
               Smith/Enron Cogeneration Limited Partnership
               (Turks & Caicos Isles) (1.00%)
               Smith/Enron O&M Limited Partnership (Turks &
               Caicos Isles) (1.00%)
          Enron Power Philippines Corp. (Philippines)
          (100.00%)
               Batangas Power Corp. (Philippines) (50.00%)
               Subic Power Corp. (Philippines) (50.00%)
          Puerto Quetzal Power Corp. (Delaware) (50.00%)
               Electricidad del Pacifico, S.A. (Guatemala)
               (100.00%)
               Western Caribbean Finance L.P. (Texas)
               (98.00%)
          Enron Gas de Venezuela Ltd.(Cayman Islands)
          (100.00%)
          Enron Holding Company, L.L.C. (Delaware) (78.00%)
               Enron Global Power & Pipelines L.L.C.
               (Delaware) (52.00%)
                    Enron Dominican Republic Ltd. (Cayman
                    Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (49.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (49.00%)
                    Enron Dominican Republic Operations Ltd.
                    (Cayman Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (1.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (1.00%)
                    Enron Power Philippines Corp.
                    (Philippines) (100.00%)
                         Batangas Power Corp. (Philippines)
                         (50.00%)
                         Subic Power Corp. (Philippines)
                         (50.00%)
                    Puerto Quetzal Power Corp. (Delaware)
                    (50.00%)
                         Electricidad del Pacifico, S.A.
                         (Guatemala) (100.00%)
                         Western Caribbean Finance L.P.
                         (Texas) (98.00%)
     Enron ERE Holdings Ltd. (Cayman Islands) (100.00%)
          Enron Entre Rios Expansion Ltd. (Cayman Islands)
          (99.00%)
          Enron ERE Investments Ltd. (Cayman Islands)
          (100.00%)
     Enron Europe Operations (Advisor) Limited (England)
     (100.00%)
     Enron Europe Operations (Supervisor) Limited (England)
     (100.00%)
     Enron Fiji Power Ltd. (Cayman Islands) (100.00%)
     Enron Ghana Holdings Ltd. (Cayman Islands) (100.00%)
          Enron Ghana Investments Ltd. (Cayman Islands)
          (100.00%)
          Enron Ghana Ltd. (Cayman Islands) (99.00%)
          Enron India Power Ltd. (Cayman Islands) (100.00%)
               Enron MHC Tamil Nadu Company (Mauritius)
               (100.00%)
     Enron Global Pakistan Ltd.(Cayman Islands) (100.00%)
          Enron Global Mauritius Company, L.L.C. (Mauritius)
          (100.00%)
     Enron Guinea Development Ltd. (Cayman Islands)
     (100.00%)
     Enron Hainan Fertilizer Ltd. (Cayman Islands) (100.00%)
     Enron Haripur Holdings B.V. (The Netherlands) (100.00%)
     Enron India Energy Ltd. (Cayman Islands) (100.00%)
     Enron Industrial de Venezuela Ltd. (Cayman Islands)
     (100.00%)
     Enron International Argentina Holdings Ltd. (Cayman
     Islands) (20.00%)
          Enron Comercializadora de Energia Argentina S.A.
          (Argentina) (1.00%)
          Enron International Argentina Investments Ltd.
          (Cayman Islands) (100.00%)
               Enron Comercializadora de Energia Argentina
               S.A. (Argentina) (99.00%)
     Enron International Argentina Transmission Ltd. (Cayman
     Islands) (100.00%)
          Enron International Argentina Transmission
          Investment Ltd. (Cayman Islands) (100.00%)
     Enron International Australia Ltd. (Cayman Islands)
     (100.00%)
     Enron International Bahia Ltd. (Cayman Islands)
     (100.00%)
          EBD Empresa Brasileira Distribudora Ltda. (Brazil)
          (1.00%)
          Enron International Bahia Holdings Ltd. (Cayman
          Islands) (100.00%)
               EBD Empresa Brasileira Distribudora Ltda.
               (Brazil) (99.00%)
     Enron International Bolivia Holdings Ltd. (Cayman
     Islands) (100.00%)
               Enron International Bolivia Investments Ltd.
               (Cayman Islands) (100.00%)
     Enron International Brazil 1997 Ltd. (Cayman Islands)
     (100.00%)
          Borgogna Participacoes Empreendimentos Ltda.
          (Brazil) (84.00%)
          Ementhal Participacoes Empreendimentos Ltda.
          (Brazil) (51.00%)
          GEC Participacoes Ltda. (Brazil) (1.00%)
          Giverny Participacoes Empreendimentos Ltda.
          (Brazil) (1.00%)
          Global Petroleum & Gas Industry Limited (Jersey)
          (100.00%)
               Gas Participacoes S.A. (Brazil) (100.00%)
                    Companhia de Gas de Bahia S.A. (Brazil)
                    (41.50%)
                    Companhia de Gas de Santa Catarina S.A.
                    (Brazil) (41.00%)
                    Companhia Estadual de Gas do Rio de
                    Janeiro (Brazil) (25.38%)
                    Companhia Paraibana de Gas S.A. (Brazil)
                    (41.50%)
                    Companhia Pernambucana de Gas S.A.
                    (Brazil) (41.50%)
                    Dutopar Participacoes Ltda (Brazil)
                    (99.00%)
                         Companhia Paranaense de Gas S.A.
                         (Brazil) (24.50%)
                    Empresa Sergipana de Gas S.A. (Brazil)
                    (41.50%)
                    Gas de Alagoas S.A. (Brazil) (41.50%)
          RGS Participacoes Ltda. (Brazil) (99.00%)
               Giverny Participacoes e Empreendimentos Ltda.
               (Brazil) (99.00%)
     Enron International Brazil Gas Holdings Ltd. (Cayman
     Islands) (100.00%)
          GEC Participacoes Ltda. (Brazil) (99.00%)
          RGS Participacoes Ltda. (Brazil) (1.00%)
     Enron International B.V. (The Netherlands) (100.00%)
     Enron International China CP Ltd.(Cayman Islands)
     (100.00%)
          China Pipeline Holdings Ltd.(Cayman Islands)
          (64.85%)
     Enron International CMI Ltd. (Cayman Islands) (100.00%)
                    Enron MHC India Development Ltd.
                    (Mauritius) (100.00%)
               Enron India Private Ltd. (India) (100.00%)
     Enron International C.V. (The Netherlands) (0.10%)
     Enron International El Salvador Holdings Ltd. (Cayman
     Islands) (100.00%)
     Enron International Energy (Asia) Pte. Ltd. (Singapore)
     (100.00%)
     Enron International Gujarat Ltd.(Cayman Islands)
     (100.00%)
            Enron MHC Gujarat Company (Mauritius) (100.00%)
     Enron International Holdings Corp. (Delaware) (27.00%)
          Enron Global, Inc. (Delaware) (100.00%)
     Enron International Haripur Ltd. (Cayman Islands)
     (100.00%)
               Enron Holding Company, L.L.C. (Delaware)
               (1.00%)
                    Enron Global Power & Pipelines L.L.C.
                    (Delaware) (52.00%)
                         Enron Power Philippines Corp.
                         (Philippines) (100.00%)
                              Subic Power Corp.
                              (Philippines) (50.00%)
     Enron International India Ltd. (Cayman Islands)
     (100.00%)
          Enron International MHC Kannur Ltd. (Mauritius)
          (100.00%)
     Enron International Latin America Ltd. (Cayman Islands)
     (100.00%)
          Enron International Latin America Investments Ltd.
          (Cayman Islands) (100.00%)
     Enron International Mauritius Ltd.(Cayman Islands)
     (100.00%)
     Enron International Nepal Ltd. (Cayman Islands)
     (100.00%)
     Enron International Peru Holdings Ltd. (Cayman Islands)
     (100.00%)
          Enron International Peru Ltd. (Cayman Islands)
          (100.00%)
     Enron International (Philippines) Ltd.(Cayman Islands)
     (100.00%)
     Enron International Rio Investments 1997 Ltd. (Cayman
     Islands) (100.00%)
     Enron International South Australia Development
     Ltd.(Cayman Islands) (100.00%)
     Enron International Uganda Ltd.(Cayman Islands)
     (100.00%)
     Enron LNG Atlantic Holdings Ltd. (Cayman Islands)
     (100.00%)
          Enron LNG Atlantic Investments Ltd. (Cayman
          Islands) (100.00%)
          Enron LNG Atlantic Ltd. (Cayman Islands) (99.00%)
     Enron LNG Holdings Ltd. (Cayman Islands) (100.00%)
          Enron LNG Investments Ltd. (Cayman Islands)
          (100.00%)
          Enron LNG Services Ltd. (Cayman Islands) (99.00%)
     Enron LNG Power (Atlantic) Ltd. (Cayman Islands)
     (100.00%)
          Buenergia Enron de Puerto Rico Ltd. (Cayman
          Islands) (100.00%)
               Buenergia Gas & Power Ltd. (Cayman Islands)
               (1.00%)
                    EcoElectrica L.P. (Bermuda) (49.00%)
                    Penuelas Holdings, Ltd. (Cayman Islands)
                    (100.00%)
                         Penuelas, Ltd. (Cayman Islands)
                         (100.00%)
          Buenergia Gas & Power Ltd. (Cayman Islands)
          (99.00%)
               EcoElectrica L.P. (Bermuda) (49.00%)
               EcoElectrica Holdings, Ltd. (Cayman Islands)
               (50.00%)
                         EcoElectrica L.P. (Bermuda) (1.00%)
               Penuelas Holdings, Ltd. (Cayman Islands)
               (100.00%)
                         Penuelas, Ltd. (Cayman Islands)
                         (100.00%)
                         EcoElectrica L.P. (Bermuda) (1.00%)
               Buenergia Ltd. (Cayman Islands) (100.00%)
                    EcoElectrica L.P. (Bermuda) (1.00%)
                    Buenergia B.V. (The Netherlands)
                    (100.00%)
                    EcoElectrica Holdings, Ltd. (Cayman
                    Islands) (50.00%)
                    EcoElectrica L.P. (Bermuda) (1.00%)
     Enron Mariana Holdings Corp. (Delaware) (100.00%)
          Enron Mariana Power L.L.C. (Delaware) (100.00%)
     Enron Mauritius Pakistan Company, L.L.C. (Mauritius)
     (100.00%)
     Enron Mendoza Water Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Phu My 2-2 Holdings Ltd. (Cayman Islands)
     (100.00%)
          Enron Vietnam Power II Ltd. (Cayman Islands)
          (100.00%)
     Enron Polska B.V. (The Netherlands) (100.00%)
     Enron Reserve 4 B.V. (The Netherlands) (100.00%)
          Enpak Power (Private) Company (Pakistan) (100.00%)
     Enron Reserve 6 B.V. (The Netherlands) (100.00%)
          Enron Development International C.V. (The
          Netherlands) (0.10%)
     Enron Reserve 7 B.V. (The Netherlands) (100.00%)
          Enron (Bolivia) C.V. (The Netherlands) (1.00%)
               Gas TransBolivianao S. A. (Bolivia) (49.60%)
     Enron Reserve 8 B.V. (The Netherlands) (100.00%)
          Enron Caribe C.V. (The Netherlands) (1.00%)
          Enron Power I C.V. (The Netherlands) (1.00%)
               Enron Power Honduras S. de R.L. de C.V.**
               (Honduras) (99.00%)
     Enron Reserve 9 B.V. (The Netherlands) (100.00%)
          Enron Power II C.V. (The Netherlands) (1.00%)
     Enron Reserve I B.V (The Netherlands) (100.00%)
          Smith/Enron Cogeneracion Internacional, S.A.
          Dominican
          Republic (50.00%)
          Smith/Enron Cogeneration Limited Partnership
          (Turks & Caicos
          Isles) (1.00%)
          Smith/Enron O&M Limited Partnership (Turks &
          Caicos Isles) (1.00%)
     Enron Reserve II B.V. (The Netherlands) (100.00%)
          Offshore Power Operations C.V. (The Netherlands)
          (0.10%)
     Enron Servicios Energeticos Holdings Ltd.(Cayman
     Islands) (100.00%)
          Enron Servicios Energeticos Ltd.(Cayman Islands)
          (100.00%)
     Enron Sumatra Gas B.V. (The Netherlands) (100.00%)
     Enron Transportadora Holdings Ltd.(Cayman Islands)
     (100.00%)
          TR Holdings (Bolivia) C.V. (The Netherlands)
          (50.00%)
          TR Holdings Ltda. (Bolivia) (50.00%)
          TR Investments (Bolivia) B.V. (The Netherlands)
          (100.00%)
     Enron UAE Ltd.(Cayman Islands) (100.00%)
     Enron Venezuela Services Ltd.(Cayman Islands) (100.00%)
     Enron VenSteel Ltd. (The Netherlands) (100.00%)
     Enron Water China Holdings Ltd.(Cayman Islands)
     (100.00%)
          Enron Water China Investments Ltd.(Cayman Islands)
          (100.00%)
     Enron Water Projects Holdings Ltd.(Cayman Islands)
     (100.00%)
          Enron Water Projects Ltd.(Cayman Islands)
          (100.00%)
     Enron Water Saigon Holding Co.(Cayman Islands)
     (100.00%)
          Enron Water Saigon Ltd.(Cayman Islands) (100.00%)
     Enron Water Vietnam Holdings Ltd. (Cayman Islands)
     (100.00%)
          Enron Water Vietnam Investments Ltd. (Cayman
          Islands) (100.00%)
          Enron Water Vietnam Ltd. (Cayman Islands) (99.00%)
     Enron Wenchang Holdings Company Ltd. (Cayman Islands)
     (100.00%)
          Enron Wenchang Investments Ltd. (Cayman Islands)
          (100.00%)
               Hainan Holdings Ltd. (Cayman Islands) (1.00%)
                    Enron Wenchang Power C.V. (The
                    Netherlands) (99.00%)
                         Hainan Meinan Power Company CJV
                         (China) (99.00%)
                    Enron Reserve III B.V. (The Netherlands)
                    (100.00%)
                         Enron Wenchang Power C.V. (The
                         Netherlands) (1.00%)
                              Hainan Meinan Power Company
                              CJV (China) (99.00%)
                    Hainan Meinan Power Services Company,
                    Limited (China) (100.00%)
                         Hainan Meinan Power Company CJV
                         (China) (1.00%)
          Hainan Holdings Ltd. (Cayman Islands) (49.00%)
               Enron Wenchang Power C.V. (The Netherlands)
               (99.00%)
                     Hainan Meinan Power Company CJV (China)
                     (99.00%)
               Enron Reserve III B.V. (The Netherlands)
               (100.00%)
                    Enron Wenchang Power C.V. (The
                    Netherlands) (1.00%)
                         Hainan Meinan Power Company CJV
                         (China) (99.00%)
                    Hainan Meinan Power Services Company,
                    Limited China) (100.00%)
                         Hainan Meinan Power Company CJV
                         (China) (1.00%)
          Hainan Funding LLC (Turks & Caicos Isles) (50.00%)
     India Electric Maintenance Ltd. (Cayman Islands)
     (100.00%)
          Enron International C.V. (The Netherlands)
          (99.90%)
     Luanda Power Holdings Ltd. (Cayman Islands) (100.00%)
          Luanda Power Company Ltd. (Cayman Islands)
          (100.00%)
     Mesquite Holdings B.V. (The Netherlands) (100.00%)
          Enron Design C.V. (The Netherlands) (99.00%)
          Enron Power Holdings C.V. (The Netherlands)
          (99.90%)
     Trakya Elektrik Uretim ve Ticaret A.S. (Turkey)
     (50.00%)
          Enron Power Management B.V. (The Netherlands)
          (100.00%)
               Enron Design C.V. (The Netherlands) (1.00%)
          Enron Proje Yonetimi Limited Sirketi (Turkey)
          (95.00%)
          Enron Turkey Energy B.V. (The Netherlands)
          (100.00%)
               Enron Power Holdings C.V. (The Netherlands)
               (0.10%)
                    Trakya Elektrik Uretim ve Ticaret A.S
                    (Turkey) (50.00%)
          Servicios Colombianos de Electricidad Ltd. (Cayman
          Islands) (100.00%)
     Transborder Pipeline Services Ltd. (Cayman Islands)
     (100.00%)
     Travamark Two B.V. (The Netherlands) (100.00%)
          Offshore Power Production C.V. (The Netherlands)
          (0.30%)
               DPC Holdings C.V. (The Netherlands) (79.90%)
               Enron India Holdings Ltd. (Cayman Islands)
               (100.00%)
                    Enron Mauritius Company (Mauritius)
                    (1.00%)
                         Dabhol Power Company (India)
                         (80.00%)
                    DPC Holdings C.V. (The Netherlands)
                    (0.10%)
               Enron Mauritius Company (Mauritius) (0.10%)
                    Dabhol Power Company (India) (80.00%)
BELCO PETROLEUM CORPORATION (Delaware) (100.00%)
BELO HORIZONTE POWER LTD. (Cayman Islands) (100.00%)
BOLIVIA HOLDINGS LTD. (Cayman Islands) (100.00%)
BRAZIL POWER INVESTMENTS LTD. (Cayman Islands) (100.00%)
EGP FUELS COMPANY (Delaware) (100.00%)
ENERGY CARIBBEAN FINANCE COMPANY (Cayman Islands) (100.00%)
ENPAK HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enpak Investments Ltd. (Cayman Islands) (100.00%)
     Enpak Power Company Ltd. (Cayman Islands) (99.00%)
ENRON ACQUISITION II CORP. (Delaware) (100.00%)
ENRON AGUAVEN HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Aguaven Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Agua Venezuela Ltd. (Cayman Islands) (99.00%)
ENRON AMERICAS, INC. (Delaware) (100.00%)
     The Protane Corporation (Delaware) (100.00%)
          Citadel Corporation Limited (Cayman Islands)
          (100.00%)
               Citadel Venezolana, S.A. (Venezuela)
               (100.00%)
                    Interruptores Especializados Lara, S.A.
                    (Venezuela) (66.00%)
               Enron Caribbean Holdings Ltd. (Cayman
               Islands) (100.00%)
               Industrial Gases Limited (Jamaica) (100.00%)
               Manufacturera de Aparatos Domesticos, S.A.
               (Venezuela) (41.77%)
          Enron Americas Energy Services, Inc. (Puerto Rico)
          (100.00%)
          Enron Americas Limited (Cayman Islands) (100.00%)
          ProCaribe Division of The Protane Corporation
          (Delaware) (100.00%)
          Progasco, Inc. (Puerto Rico) (100.00%)
          V. Holdings Industries, S.A. (Venezuela) (100.00%)
               Finven Financial Institution Limited (Cayman
               Islands) (100.00%)
                    Smith Dominicana Holding Limited
                    Partnership (Cayman Islands) (99.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles)(35.00%)
          Industrias Ventane, S.A. (Venezuela) (100.00%)
               Duck Lake International A.V.V. (Aruba)
               (97.00%)
               Industrial Larcada, S.A. (Venezuela)
               (100.00%)
               Servicios Consolidados Ventane, S.A.
               (Venezuela) (100.00%)
               Servicios Vengas, S.A. (Venezuela) (100.00%)
               Transporte Mil Ruedas, S.A. (Venezuela)
               (100.00%)
               Vengas de Caracas, S.A. (Venezuela) (100.00%)
               Vengas de Occidente, S.A. (Venezuela)
               (100.00%)
               Vengas de Oriente, S.A. (Venezuela) (100.00%)
               Vengas del Centro, S.A. (Venezuela) (100.00%)
ENRON ARGENTINA HOLDING, INC. (Delaware) (100.00%)
     Enron Capital & Trade Resources Argentina S.A.
     (Argentina) (99.99%)
ENRON ARGENTINA INVESTMENTS, INC. (Delaware) (100.00%)
     Enron CHESA Delaware Limited Liability Company
     (Delaware) (1.00%)
     Enron CHESA Texas Limited Liability Company (Texas)
     (1.00%)
          Compania Hidroelectrica Enron S.A. (Argentina)
          (99.99%)
          Enron International Argentina Holdings Ltd.
          (Cayman Islands) (80.00%)
               Enron International Argentina Investments
               Ltd. (Cayman Islands) (100.00%)
ENRON ARGENTINA VENTURES, INC. (Delaware) (100.00%)
ENRON ATLANTIC LNG LTD. (Cayman Islands) (100.00%)
ENRON BORDER HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Border Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron SAM Border Ltd. (Cayman Islands) (99.00%)
ENRON BPAC LTD. (Cayman Islands) (100.00%)
ENRON BRAZIL SERVICES LTD. (Cayman Islands) (100.00%)
     Enron Brazil Ltd. (Cayman Islands) (100.00%)
     Enron Servicos do Brasil Ltda. (Brazil) (99.00%)
ENRON CAPITAL & TRADE RESOURCES CORP. (Delaware) (100.00%)
     Clinton Energy Management Services (Ohio) (100.00%)
     Cusiana-Cupiagua Oil Securitization 1996 Ltd. (Cayman
     Islands) (100.00%)
     Cypress Acadian Exploration Corp. (Delaware) (100.00%)
     ECT Cayman Reserve 5 Ltd. (Cayman Islands) (100.00%)
          Enron Distribuidora de Petroleo e Derivados Ltda.
          (Brazil) (99.00%)
     ECT Cayman Reserve 6 Ltd (Cayman Islands) (100.00%)
     ECT Cayman Reserve 8 Ltd. (Cayman Islands) (100.00%)
     ECT Cayman Reserve 9 Ltd. (Cayman Islands) (100.00%)
     ECT Coal Company No. 1 (Delaware) (100.00%)
     ECT Eocene Enterprises, Inc. (Delaware) (100.00%)
ECT Eocene Enterprises II, Inc. (Delaware) (100.00%)
     ECT Eocene Enterprises III, Inc. (Delaware) (100.00%)
     ECT Funding L.L.C. (Delaware) (100.00%)
          ECT Development and Funding (England) (50.00%)
               European Commercial Finance S.a.r.l.
               (Luxembourg) (100.00%)
     ECT International L.L.C. (Delaware) (100.00%)
          ECT Development and Funding (England) (50.00%)
               European Commercial Finance S.a.r.l.
               (Luxembourg) (100.00%)
     ECT Investing Corp. (Delaware) (100.00%)
     ECT Investments Holding Corp. (Delaware) (100.00%)
     ECT Investments Inc. (Delaware) (100.00%)
     ECT Overseas Holding Corp. (Delaware) (100.00%)
          Enron Capital & Trade Resources Korea Corp.
          (Delaware) (100.00%)
     ECT Securities Corp. (Delaware) (100.00%)
     ECT Sierra Water Conversation, Inc. (Delaware)
     (100.00%)
     ECT Strategic Value Corp. (Delaware) (100.00%)
     EGS Hydrocarbons Corp. (Texas) (100.00%)
     EGS New Ventures Corp. (Delaware) (100.00%)
          LGMI, Inc. (Delaware) (100.00%)
               Louisiana Gas Pipeline Company L. P.
               (Oklahoma) (99.00%)
          LRCI, Inc. (Delaware) (100.00%)
               Louisiana Resources Pipeline Company L.P.
               (Oklahoma) (99.00%)
          Louisiana Gas Marketing Company (Delaware)
          (100.00%)
               Louisiana Gas Pipeline Company L.P.
               (Oklahoma) (1.00%)
          Louisiana Resources Company (Delaware) (100.00%)
               Louisiana Resources Pipeline Company L.P.
               (Oklahoma) (1.00%)
     Enron Acquisition III Corp. (Delaware) (100.00%)
     Enron Administrative Services Corp. (Delaware)
     (100.00%)
     Enron Cactus III Corp. (Delaware) (100.00%)
          Cactus Hydrocarbon III Limited Partnership
          (Delaware) (1.00%)
     Enron Cantarell Holdings B.V. (The Netherlands)
     (100.00%)
     Enron Capital Corp.(formerly JILP-G.P., Inc.)
     (Delaware) (100.00%)
          Enron Capital Management Limited Partnership
          (Delaware) (1.00%)
               Joint Energy Development Investments Limited
               Partnership (Delaware) (50.00%)
                    Ameritex Venture II, Ltd. (Texas)
                    (99.00%)
                    Cerrito Gathering Company, Ltd. (38.71%)
                    CGAS, Inc. (Ohio) (97.00%)
                         CGAS Exploration, Inc. (Ohio)
                         (100.00%)
                              Eagle Mountain Energy
                              Corporation (Ohio) (100.00%)
                         CGAS Investment Corp. (Ohio)
                         (100.00%)
                         CGAS Services Corporation (Ohio)
                         (100.00%)
                              CGAS Securities, Inc. (Ohio)
                              (100.00%)
                              Clinton Nominee Corporation
                              (Ohio) (100.00%)
                              Haulco, Inc. (Ohio) (100.00%)
                              LDC Securities, Inc. (Ohio)
                              (100.00%)
                              Metertech, Inc. (Ohio) (100.00%)
                              Ohio Gasportation, Inc. (Ohio)
                              (100.00%)
                    Gantry Corp. (Delaware) (100.00%)
                    Hughes-Rawls, L.L.C. (Delaware) (50.00%)
                    JEDI Capital L.L.C. (Delaware) (99.00%)
                         JEDI Hydrocarbon Finance I Limited
                         Partnership (Delaware) (1.00%)
                         JEDI Hydrocarbon Finance Limited
                         Partnership (Delaware) (1.00%)
                         JEDI Hydrocarbon Investments I
                         Limited Partnership (Delaware) (1.00%)
                         JEDI Hydrocarbon Investments II
                         Limited Partnership (FUEL, CNEN)
                         (Delaware) (1.00%)
                         JEDI Hydrocarbon Investments II
                         Limited Partnership (FUEL, CNEN)
                         (Delaware) (1.00%)
                    Mariner Holdings, Inc. (Delaware)
                    (100.00%)
                         Mariner Energy, Inc. (Delaware)
                         (100.00%)
                    Meridian Ventures I, L.P. (97.00%)
                    Michigan Gas Partners, L. P. (15.00%)
                    Napoleonville Storage Company Limited
                    Partnership Texas) (1.00%)
                    Pinto Holdings B.V. (The Netherlands)
                    (100.00%)
                    Rocksprings Energy I, L. P. (Texas)
                    (99.00%)
                    Segundo Navarro Drilling, Ltd. (Texas)
                    (99.00%)
                    South Dauphin Partners II, L.P. (85.00%)
                    Sweetwater Gas Partners, L. P. (95.00%)
     Enron Capital II Corp. (Delaware) (100.00%)
          Enron Capital Management II Limited Partnership
          (Delaware) (1.00%)
               Joint Energy Development Investments II
               Limited Partnership (Delaware) (1.00%)
     Enron Capital III Corp. (Delaware) (100.00%)
          Enron Capital Management II Limited Partnership
          (Delaware) (99.00%)
               Joint Energy Development Investments II
               Limited Partnership (Delaware) (1.00%)
     Enron Capital IV Corp. (Delaware) (100.00%)
          Enron Capital Management III Limited Partnership
          (Delaware) (1.00%)
               Joint Energy Development Investments II
               Limited Partnership (Delaware) (49.00%)
     Enron Capital V Corp. (Delaware) (100.00%)
          Enron Capital Management III Limited Partnership
          (Delaware) (99.00%)
               Joint Energy Development Investments II
               Limited Partnership (Delaware) (49.00%)
     Enron Capital & Trade Resources Canada Corp. (Alberta)
     (100.00%)
     Enron Capital & Trade Resources Europe B.V. (The
     Netherlands) (100.00%)
          Enron LPG Italy S.R.L. (Italy) (100.00%)
          Enron Netherlands B.V. (The Netherlands) (100.00%)
     Enron Capital & Trade Resources International Corp.
     (Delaware) (100.00%)
          Enron Capital & Trade Resources International
          Corp. - Singapore Branch (100.00%)
          Enron Europe Finance & Trading Limited (England)
          (100.00%)
          Enron Finland Energy Oy Finland (100.00%)
          Enron Nordic Energy - Swedish branch of ECTRIC
          (100.00%)
          Enron Nordic Energy - Norwegian branch of ECTRIC
          (100.00%)
     Enron Capital & Trade Resources Mexico Holdings B.V.
     (The Netherlands) (100.00%)
          Enron Mexico I B.V. (The Netherlands) (100.00%)
          Enron Mexico II B.V. (The Netherlands) (100.00%)
          Enron Mexico III B.V. (The Netherlands) (100.00%)
          Enron Mexico IV B.V. (The Netherlands) (100.00%)
     Enron CASH Company No. 1 (Delaware) (100.00%)
     Enron CASH Company No. 2 (Delaware) (100.00%)
     Enron CASH Company No. 3 (Delaware) (100.00%)
     Enron CASH Company No. 5 (Delaware) (100.00%)
     Enron Cushing Oil Marketing, Inc. (Delaware) (100.00%)
     Enron Finance Corp. (Delaware) (100.00%)
          Enron Hydrocarbons Marketing Corp. (Delaware)
          (100.00%)
          Enron Reserve Acquisition Corp. (Delaware)
          (100.00%)
     Enron GasBank, Inc. (Delaware) (100.00%)
     Enron Global de Guatemala, S.A. (Guatemala) (100.00%)
     Enron Mexico Corp. (Delaware) (100.00%)
     Enron Mexico Holdings 2 Ltd. (Cayman Islands) (100.00%)
     Enron Mexico Holdings 3 Ltd. (Cayman Islands) (100.00%)
     Enron Mexico Holdings 4 Ltd. (Cayman Islands) (100.00%)
     Enron Mexico Holdings 5 Ltd. (Cayman Islands) (100.00%)
     Enron Mexico Holdings 6 Ltd. (Cayman Islands) (100.00%)
     Enron Minority Development Corp. (Delaware) (100.00%)
          Cook Inlet Energy Supply, Limited Partnership
          (30.00%)
     Enron Natural Gas Marketing Corp. (Delaware) (100.00%)
     Enron Power Investments, Inc. (Texas) (100.00%)
          Enron Power Investments Limited (England)
          (100.00%)
     Enron Power Marketing, Inc. (Delaware) (100.00%)
     Enron Services Company of Louisiana, L.L.C. (100.00%)
     Enron TDF Ltd. (Cayman Islands) (100.00%)
     Enron Wholesale Generating Company, L.L.C. (Delaware)
     (100.00%)
     HGK Enterprises GP, Inc. (Delaware) (100.00%)
          Destec Properties Limited Partnership (Nevada)
          (1.00%)
     HGK Enterprises LP, Inc. (Delaware) (100.00%)
          Destec Properties Limited Partnership (Nevada)
          (99.00%)
     JILP-L.P., Inc. (Delaware) (100.00%)
     Kenobe, Inc. (Delaware) (100.00%)
          EnSerCo, L.L.C. (Delaware) (1.00%)
               EB/GB, L.L.C. (Delaware) (90%)
     Louisiana Power Marketing Company, L.L.C. (Delaware)
     (100.00%)
     OBI-1 Holdings, L.L.C. (Delaware) (100.00%)
     Risk Management & Trading Corp. (Delaware) (100.00%)
     SpectraNet International (California) (49.33%)
          SpectraNet Anaheim (California) (100.00%)
          SpectraNet Engineering (California) (100.00%)
          SpectraNet Orange (California) (100.00%)
          SpectraNet Orange Coast (California) (100.00%)
          SpectraNet S.G.V. (California) (100.00%)
          Oilfield Business Investments-1, L.L.C. (Delaware)
          (100.00%)
               EnSerCo, L.L.C. (Delaware) (49.00%)
ENRON CAPITAL LLC (Turks & Caicos Isles) (99.00%)
ENRON CAPITAL RESOURCES, L.P. (Delaware) (21.00%)
ENRON CAPITAL & TRADE RESOURCES SOUTH AMERICA S.A.
(Argentina) (50.00%)
ENRON CAPITAL TRUST I (Delaware) (100.00%)
     Enron Preferred Funding, L.P. (Delaware) (97.00%)
ENRON CAPITAL TRUST II (Delaware) (100.00%)
     Enron Preferred Funding II, L.P. (Delaware) (97.00%)
ENRON CARIBE I LTD. (Cayman Islands) (100.00%)
ENRON CARIBE II LTD. (Cayman Islands) (100.00%)
ENRON CARIBE III LTD. (Cayman Islands) (100.00%)
ENRON CAYMAN LEASING LTD. (Cayman Islands) (100.00%)
     Enron Property Management Corp. (Delaware) (100.00%)
          Enron Leasing Partners, L.P. (1.00%)
ENRON CAYMAN RESERVE 4 LTD. (Cayman Islands) (100.00%)
ENRON CAYMAN RESERVE 6 LTD. (Cayman Islands) (100.00%)
ENRON CAYMAN RESERVE 12 LTD. (Cayman Islands) (100.00%)
ENRON CESKA REPUBLIKA LTD. (The Netherlands) (100.00%)
ENRON CHINA HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron China Fuels Ltd. (Cayman Islands) (100.00%)
     Enron Lan Yan Limited (Cayman Islands) (99.00%)
ENRON CHINA POWER HOLDINGS LTD. (Cayman Islands) (100.00%)
ENRON CLEAN ELECTRICITY LTD. (Cayman Islands) (100.00%)
ENRON COAL COMPANY (Delaware) (100.00%)
ENRON COAL PIPELINE COMPANY (Delaware) (100.00%)
ENRON CTS INTERNATIONAL, INC. (Delaware) (100.00%)
ENRON DEVELOPMENT (AUSTRALIA) LTD. (Cayman Islands)
(100.00%)
ENRON DEVELOPMENT BELO HORIZONTE LTD. (Cayman Islands)
(100.00%)
     Enron Brazil Development C.V. (The Netherlands) (1.00%)
ENRON DEVELOPMENT BRAZIL LTD. (Cayman Islands) (100.00%)
     Enron Electric Power Brazil C.V. (The Netherlands)
     (1.00%)
ENRON DEVELOPMENT (COSTA RICA) LTD. (Cayman Islands)
(100.00%)
ENRON DEVELOPMENT FUNDING LTD. (Cayman Islands) (100.00%)
ENRON DEVELOPMENT MANAGEMENT LTD. (Cayman Islands) (100.00%)
     Enron Guam Piti Corporation (Guam) (100.00%)
ENRON DEVELOPMENT PITI HOLDINGS CORP. (Delaware) (100.00%)
     Enron Development Piti L.L.C. (Delaware) (50.00%)
ENRON DEVELOPMENT (PHILIPPINES) LTD. (Cayman Islands)
(100.00%)
ENRON DEVELOPMENT TURKEY LTD. (Cayman Islands) (100.00%)
ENRON DEVELOPMENT (WEST AFRICA) LTD. (Cayman Islands)
(100.00%)
ENRON DEVELOPMENT VIETNAM L.L.C. (Delaware) (99.00%)
ENRON DUTCH HOLDINGS B.V. (The Netherlands) (100.00%)
     Sarlux s.r.l. (Italy) (45.00%)
ENRON ECUADOR HOLDINGS LTD. (Cayman Islands) (100.00%)
ENRON EGYPT POWER LTD. (Cayman Islands) (100.00%)
ENRON ELECTRIC (BOLIVIA) LTD (Cayman Islands) (100.00%)
ENRON ENERGIA DE LA REGION DEL CAUCA HOLDINGS, LTD. (Cayman
Islands) (100.00%)
     Enron Energia de la Region del Cauca Investments, Ltd.
     (Cayman Islands) (100.00%)
          Enron Energia del Valle 1 Ltd. (Cayman Islands)
          (50.25%)
          Enron Energia del Valle 2 Ltd. (Cayman Islands)
          (50.25%)
          Enron Energia del Valle 3 Ltd. (Cayman Islands)
          (50.25%)
          Enron Energia del Valle 4 Ltd. (Cayman Islands)
          (50.25%)
          Enron Energia del Valle 5 Ltd. (Cayman Islands)
          (50.25%)
ENRON ENERGY NATAL LTD. (Cayman Islands) (100.00%)
     Enron Energy Natal Development Ltd. (Cayman Islands)
     (100.00%)
ENRON ENERGY OF PERU LTD. (Cayman Islands) (100.00%)
ENRON ENERGY SERVICES L.L.C. (Delaware) (100.00%)
ENRON ENERGY SERVICES OPERATIONS, INC. (Delaware) (100.00%)
     Enron Energy Services, Inc. (Delaware) (100.00%)
ENRON ENNORE HOLDINGS LTD. (Cayman Islands) (100.00%)
ENRON EPICYCLE THREE B.V. (The Netherlands) (100.00%)
ENRON EPICYCLE FIVE B.V. (The Netherlands) (100.00%)
ENRON EPICYCLE SEVEN B.V. (The Netherlands) (100.00%)
     Enron Water Israel Ltd. (Israel) (100.00%)
ENRON EPICYCLE EIGHT B.V. (The Netherlands) (100.00%)
ENRON EQUITY CORP. (Delaware) (86.00%)
          ECT Colombia Pipeline Holdings 1 Ltd. (Cayman
          Islands) (100.00%)
               ECT Colombia Pipeline Holdings 2 Ltd. (Cayman
               Islands) (100.00%)
                    Promigas S.A., E.S.P. (38.67%)
               ECT Colombia Pipeline Holdings 3 Ltd. (Cayman
               Islands) (100.00%)
                    Enron Colombia Holdings de ECT Cayman
                    Reserve 3 Ltd. & CIA, S.en C.(Colombia)
                    (1.00%)
               ECT Colombia Pipeline Holdings 4 Ltd. (Cayman
               Islands) (100.00%)
                    Enron Colombia Holdings de ECT Cayman
                    Reserve 3 Ltd. & CIA, S.en C. (Columbia)
                    (99.00%)
          Enron Global Power & Pipelines L.L.C. (Delaware)
          (1.90%)
               Enron Dominican Republic Ltd. (Cayman
               Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles) (49.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (49.00%)
               Enron Dominican Republic Operations Ltd.
               (Cayman Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles) (1.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (1.00%)
               Enron Power Philippines Corp. (Philippines)
               (100.00%)
                    Batangas Power Corp. (Philippines)
                    (50.00%)
                    Subic Power Corp. (Philippines) (50.00%)
               Puerto Quetzal Power Corp. (Delaware)
               (50.00%)
                    Electricidad del Pacifico, S.A.
                    (Guatemala) (100.00%)
                    Western Caribbean Finance L.P. (Texas)
                    (98.00%)
          Enron Holding Company L.L.C. (Delaware) (78.00%)
               Enron Global Power & Pipelines L.L.C.
               (Delaware) (52.00%)
                    EGPP Services Inc. (Delaware) (100.00%)
                    Enron Commercial Finance Ltd. (Cayman
                    Islands) (100.00%)
                         Enron Cayman Reserve 5 Ltd. (Cayman
                         Islands) (100.00%)
                              Enron Colombia Transportation
                              Ltd. (Cayman Islands) (100.00%)
                                   Enron Colombia Investments
                                   Limited Partnership
                                   (Cayman Islands) (1.00%)
                                        Enron Colombia
                                        Operations Limited
                                        Partnership (Cayman
                                        Islands) (99.00%)
                                   Enron Pipeline Colombia
                                   Limited Partnership
                                   (Cayman Islands) (1.00%)
                                        Enron Colombia
                                        Operations Limited
                                        Partnership (Cayman
                                        Islands) (1.00%)
                         Enron Pipeline Company - Colombia
                         Ltd. (Texas) (99.00%)
                    Enron Dominican Republic Ltd. (Cayman
                    Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (49.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (49.00%)
                    Enron Dominican Republic Operations Ltd.
                    (Cayman Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (1.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (1.00%)
                    Enron Pipeline Company - Argentina S.A.
                    (Argentina) (100.00%)
                         Compania de Inversiones de Energia
                         S.A. (Argentina) (25.00%)
                              Transportadora de Gas del Sur
                              S.A. (Argentina) (70.00%)
                         Enron CIESA Holding L.L.C. Ltd.
                         (Cayman Islands) (51.00%)
                         EPCA CIESA Holding L.L.C. Ltd.
                         (Cayman Islands) (100.00%)
                              EPCA CIESA Inversiones
                              Limitada (Chile) (99.00%)
                                   Compania de Inversiones
                                   de Energia S.A. (Argentina)
                                   (8.33%)
                    Enron Power Philippines Corp.
                    (Philippines) (100.00%)
                         Batangas Power Corp. (Philippines)
                         (50.00%)
                         Subic Power Corp. (Philippines)
                         (50.00%)
                    Puerto Quetzal Power Corp. (Delaware)
                    (50.00%)
                         Electricidad del Pacifico, S.A.
                         (Guatemala) (100.00%)
                         Western Caribbean Finance L.P.
                         (Texas) (98.00%)
          Enron Light Hydrocarbons France (France) (100.00%)
               Norelf Limited (Bermuda) (50.00%)
ENRON EUROPE L.L.C. (Delaware) (100.00%)
ENRON EXPAT SERVICES INC. (Delaware) (100.00%)
        OPC, Ltd. (Cayman Islands) (100.00%)
ENRON FUELS SERVICES HOLDING CORP. (Cayman Islands)
(100.00%)
     Enron Fuels Services India Ltd. (Mauritius) (100.00%)
     Enron MHC LNG India Ltd. (Mauritius) (100.00%)
          Metropolis Gas Company Private Limited (India)
          (100.00%)
ENRON FOUNDATION (Nebraska) (100.00%)
ENRON GLOBAL FUELS LTD. (Cayman Islands) (100.00%)
ENRON HAINAN LTD. (Cayman Islands) (100.00%)
ENRON HOLDING EQUITY CORP. (Delaware) (100.00%)
ENRON HOLDINGS, LTD. (Cayman Islands) (100.00%)
     Enron Ecuador Ltd. (Cayman Islands) (100.00%)
     Enron Ecuadorian Pipeline (Cayman Islands) (99.00%)
ENRON HRVATSKA DEVELOPMENT B.V. (The Netherlands) (100.00%)
     Jertovec Management & Finance B.V. (The Netherlands)
     (100.00%)
          Elektrana Jertovec d.o.o. (Croatia) (100.00%)
ENRON INTERNATIONAL ARGENTINA S.A. (Argentina) (99.99%)
ENRON INTERNATIONAL ASSET MANAGEMENT CORP. (Delaware)
(100.00%)
     Enron International Americas Corp. (Delaware) (100.00%)
          EI Puerto Rico Operations Inc. (Delaware)
          (100.00%)
            Enron Transredes Services L.L.C. (Delaware)
            (100.00%)
     Enron International Asia Corp. (Delaware) (100.00%)
          Enron Indonesia Operations L.L.C. (Delaware)
          (100.00%)
            EI Guam Operations, L.L.C. (Delaware) (100.00%)
     Enron International Europe Corp. (Delaware) (100.00%)
          Enron JVM Sarlux Corp. (Delaware) (100.00%)
ENRON INTERNATIONAL CAPITAL INC. (Delaware) (100.00%)
     Enron International Equity Holding L.L.C. (Delaware)
     (50.00%)
ENRON INTERNATIONAL EL SALVADOR HOLDINGS LTD. (Cayman
Islands) (100.00%)
     Enron International de El Salvador Ltd. (Cayman
     Islands) (100.00%)
ENRON INTERNATIONAL ENNORE LTD. (Cayman Islands) (100.00%)
ENRON INTERNATIONAL EQUITY INC. (Delaware) (100.00%)
     Enron Global Equity Ltd. (Cayman Islands) (100.00%)
     Enron International Equity Holding L.L.C. (Delaware)
     (50.00%)
ENRON INTERNATIONAL HOLDINGS CORP. (Delaware) (100.00%)
     Electricidad Enron de Guatemala, Sociedad Anonima
     (Guatemala) (100.00%)
     Enron Global, Inc. (Delaware) (100.00%)
          Enron Holding Company, L.L.C. (Delaware) (1.00%)
               Enron Global Power & Pipelines L.L.C.
               (Delaware) (52.00%)
                    Enron Power Philippines Corp.
                    (Philippines) (100.00%)
                         Batangas Power Corp. (Philippines)
                         (50.00%)
                         Subic Power Corp. (Philippines)
                         (50.00%)
                    Puerto Quetzal Power Corp. (Delaware)
                    (50.00%)
                         Electricidad del Pacifico, S.A.
                         (Guatemala) (100.00%)
                         Western Caribbean Finance L.P.
                         (Texas) (98.00%)
     Enron Global Power & Pipelines L.L.C. (Delaware)
     (1.50%)
          Enron Dominican Republic Ltd. (Cayman Islands)
          (100.00%)
               Smith/Enron Cogeneration Limited Partnership
               (Turks & Caicos Isles) (49.00%)
               Smith/Enron O&M Limited Partnership (Turks &
               Caicos Isles) (49.00%)
          Enron Dominican Republic Operations Ltd. (Cayman
          Islands) (100.00%)
               Smith/Enron Cogeneration Limited Partnership
               (Turks & Caicos Isles) (1.00%)
               Smith/Enron O&M Limited Partnership (Turks &
               Caicos Isles) (1.00%)
          Enron Power Philippines Corp. (Philippines)
          (100.00%)
               Batangas Power Corp. (Philippines) (50.00%)
               Subic Power Corp. (Philippines) (50.00%)
          Puerto Quetzal Power Corp. (Delaware) (50.00%)
               Electricidad del Pacifico, S.A. (Guatemala)
               (100.00%)
               Western Caribbean Finance L.P. (Texas)
               (98.00%)
     Enron Holding Company, L.L.C. (Delaware) (21.00%)
          Enron Global Power & Pipelines L.L.C. (Delaware)
          (52.00%)
               Enron Power Philippines Corp. (Philippines)
               (100.00%)
                    Batangas Power Corp. (Philippines)
                    (50.00%)
                    Subic Power Corp. (Philippines) (50.00%)
               Puerto Quetzal Power Corp. (Delaware)
               (50.00%)
                    Electricidad del Pacifico, S.A.
                    (Guatemala) (100.00%)
                    Western Caribbean Finance L.P. (Texas)
                    (98.00%)
ENRON INTERNATIONAL HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron International Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron International Development Ltd. (Cayman Islands)
     (99.00%)
ENRON INTERNATIONAL INC. (Delaware) (45.00%)
     Enron Global Capital Co. (Delaware) (100.00%)
     Enron International Development Services, Inc.
     (Delaware) (100.00%)
     Enron Java Power Corp. (Delaware) (100.00%)
          P.T. East Java Power Corp. (in formation)
          (Indonesia) (50.10%)
     Enron Mauritius Services Company Ltd. (Mauritius)
     (100.00%)
     Enron Pasuruan Power Corp. (Delaware) (100.00%)
     Enron Pipeline Company - Colombia G. P. Inc. (Texas)
     (100.00%)
          Enron Pipeline Company - Colombia Ltd. (Texas)
          (1.00%)
     India Power Ventures Inc. (Delaware) (100.00%)
     Verdenergia Enron de Puerto Rico, Inc. (Delaware)
     (100.00%)
ENRON INTERNATIONAL PHILLIPINES HOLDINGS LTD. (Delaware)
(100.00%)
     Enron International Philippines Investments LTD.
     (Delaware) (100.00%)
ENRON INTERNATIONAL SERVICES INC. (Delaware) (100.00%)
ENRON KALIMANTAN POWER CORP. (Delaware) (100.00%)
ENRON LNG MIDDLE EAST LTD. (Cayman Islands) (100.00%)
ENRON LATVIA HOLDINGS (Cayman Islands) (100.00%)
     Enron Latvia Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Latvia Development Ltd. (Cayman Islands) (99.00%)
          Enron Latvia Limited (Latvia) (100.00%)
          Baltic Energy Corporation (Latvia) (50.00%)
ENRON LAWHILL CAPITAL CORP. (Delaware) (100.00%)
ENRON LIQUID FUELS, INC. (Delaware) (100.00%)
     Clyde River Inc. (Liberia) (99.00%)
ENRON LIQUIDS HOLDING CORP. (Delaware) (100.00%)
     Enron Gas Liquids, Inc. (Delaware) (100.00%)
          Enron Capital & Trade Resources Singapore Pte.
          Ltd. (Singapore) (100.00%)
          Enron Gas Liquids Europe S.A.R.L. (France)
          (100.00%)
          Enron Gas Liquids Holding B.V. (The Netherlands)
          (100.00%)
               Enron Gas Liquids B. V. (The Netherlands)
               (100.00%)
          Enron Liquid Hydrocarbons Latin America Inc.
          (Delaware) (100.00%)
          Halton International Limited (Liberia) (100.00%)
               Enron Gas Liquids Far East, Ltd. (Liberia)
               (100.00%)
               Mundogas (Storage) Inc. (Liberia) (100.00%)
               Mundo Services Ltd. (Liberia) (100.00%)
               Mundogas Trading Ltd. (Liberia) (100.00%)
          Enron Equipment Company (Delaware) (100.00%)
               Enron Louisiana Transportation Company
               (Delaware) (100.00%)
          Enron Methanol Company (Delaware) (100.00%)
     Enron Products Pipeline, Inc. (Delaware) (100.00%)
     EOTT Energy Corp. (Delaware) (100.00%)
          EOTT Canada Ltd. (Alberta) (100.00%)
          EOTT Energy Canada Limited Partnership (Delaware)
          (1.00%)
          EOTT Energy Operating Limited Partnership
          (Delaware) (1.00%)
               EOTT Energy Canada Limited Partnership
               (Delaware) (99.00%)
               EOTT Energy Pipeline Limited Partnership
               (Delaware) (99.00%)
          EOTT Energy Partners, L. P. (Delaware) (37.80%)
               EOTT Energy Operating Limited Partnership
               (Delaware) (99.00%)
          EOTT Energy Pipeline Limited Partnership
          (Delaware) (1.00%)
ENRON MAGYAR DEVELOPMENT B.V. (The Netherlands) (100.00%)
ENRON MANAGEMENT, INC. (Delaware) (100.00%)
ENRON MEXICO HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Mexico Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Mexico Development Ltd. (Cayman Islands) (99.00%)
          Enron Energia de Merida S.R.L. de C.V.
          (Mexico)(89.00%)
ENRON MEXICO PIPELINE HOLDINGS LTD. (Cayman Islands)
(100.00%)
     Enron Mexico Pipeline Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Mexico Pipeline Ltd. (Cayman Islands) (99.00%)
          Gasoductos Enron de Yucatan, S.R.L. de C.V.
          (Mexico) (99.00%)
ENRON MINERALS COMPANY (Delaware) (100.00%)
ENRON NETHERLANDS HOLDING B.V. (The Netherlands) (100.00%)
ENRON OIL & GAS COMPANY (Delaware)(80.00%)
            Enron Oil & Gas - Callaghan, Inc. (CNEN)
            (Delaware) (100.00%)
     Enron Oil & Gas - Carthage, Inc. (Delaware) (100.00%)
     Enron Oil & Gas International, Inc. (Delaware)
     (100.00%)
          Enron Oil & Gas Bangladesh Ltd. (Cayman Islands)
          (100.00%)
          EOGI - Algeria, Inc. (Delaware) (100.00%)
               Enron Oil & Gas Algeria Ltd. (Cayman Islands)
               (100.00%)
          EOGI - Australia, Inc. (Delaware) (100.00%)
                    Enron Exploration Australia Pty Ltd
                    (Australia) (100.00%)
          EOGI - China, Inc. (Delaware) (100.00%)
               Enron Oil & Gas China Ltd. (Cayman Islands)
               (100.00%)
               Enron Oil & Gas China Investments Ltd.
               (Cayman Islands) (100.00%)
          EOGI - China (Sichuan), Inc. (Delaware) (100.00%)
               Enron Oil & Gas China (Sichuan) Ltd. (Cayman
               Islands) (100.00%)
          EOGI - France, Inc. (Delaware) (100.00%)
               Enron Exploration France S.A. (France)
               (100.00%)
          EOGI - India, Inc. (Delaware) (100.00%)
               Enron Oil & Gas India Ltd (Cayman Islands)
               (100.00%)
          EOGI - Kazakhstan, Inc. (Delaware) (100.00%)
               Enron Oil & Gas Kazakhstan Ltd. (Cayman
               Islands) (100.00%)
          EOGI - Kuwait, Inc. (Delaware) (100.00%)
               Enron Oil & Gas Kuwait Ltd. (Cayman Islands)
               (100.00%)
          EOGI - Mozambique, Inc. (Delaware) (100.00%)
               Enron Oil & Gas Mozambique Ltd. (Cayman
               Islands) (100.00%)
          EOGI - Qatar, Inc. (Delaware) (100.00%)
                  Enron Oil & Gas Qatar Ltd. (Cayman
                  Islands) (100.00%)
          EOGI - Trinidad, Inc. (Delaware) (100.00%)
               EOGI Trinidad Company (Cayman Islands)
               (100.00%)
                       Enron Gas & Oil Trinidad Limited
                       (Trinidad) (100.00%)
                    Enron Oil & Gas Capital Management I,
                    Ltd. (Cayman Islands) (99.00%)
                    Harfin Capital and Finance Ltd. (Cayman
                    Islands) (100.00%)
                    OCC Investment Company Ltd. (Cayman
                    Islands) (100.00%)
                    Wilsyx International Finance B.V. (The
                    Netherlands) (100.00%)
          EOGI - Trinidad U(a) Block, Inc. (Delaware)
          (100.00%)
                  EOGI Trinidad - U(a) Block Company (Cayman
                  Islands) (100.00%)
               Enron Gas & Oil Trinidad - U(a) Block Limited
               (Cayman Islands) (99.00%)
          EOGI - United Kingdom, Inc. (Delaware) (100.00%)
               EOGI United Kingdom Company B.V. (The
               Netherlands) (100.00%)
                    Enron Oil U.K. Limited (England)
                    (100.00%)
          EOGI - Uzbekistan, Inc. (Delaware) (100.00%)
               Enron Oil & Gas Uzbekistan Ltd. (Cayman
               Islands) (100.00%)
          EOGI - Venezuela (Guarico), Inc. (Delaware)
          (100.00%)
          EOGI - Venezuela, Inc. (Delaware) (100.00%)
               EOGI Venezuela Company (Cayman Islands)
               (100.00%)
                    Enron Oil & Gas Venezuela Ltd. (Cayman
                    Islands) (100.00%)
                         Administradora del Golfo de Paria
                         Este, S.A. (Venezuela) (58.50%)
                    Gulf of Paria East Operating Company
                    (Cayman Islands) (100.00%)
          Enron Oil & Gas Jordan Ltd. (Cayman Islands)
          (100.00%)
          Enron Oil & Gas Venezuela - Guarico Ltd. (Cayman
          Islands) (100.00%)
     Enron Oil & Gas Investments, Inc. (Delaware) (100.00%)
                         Enron Oil & Gas Acquisitions L.P.
                         (Delaware) (99.00%)
     Enron Oil & Gas Marketing, Inc. (Delaware) (100.00%)
     Enron Oil & Gas Property Management, Inc. (Delaware)
     (100.00%)
          Enron Oil & Gas Acquisitions L.P. (Delaware)
          (1.00%)
     EOG - Canada, Inc. (Delaware) (100.00%)
          EOG Company of Canada (Nova Scotia) (100.00%)
          EOG Canada Company Ltd. (Alberta) (100.00%)
               Enron Oil Canada Ltd. (Alberta) (100.00%)
     EOG Expat Services, Inc. (Delaware) (100.00%)
     EOG Venezuela III Ltd. (Cayman Islands) (100.00%)
     ERSO, Inc. (Texas) (100.00%)
     Nilo Operating Company (Delaware) (100.00%)
ENRON OMAN INVESTMENTS LTD. (Cayman Islands) (100.00%)
ENRON OPERATING SERVICES CORP. (Delaware) (100.00%)
ENRON OPERATIONS CORP. (Delaware) (100.00%)
     Enron Gathering Company (Delaware) (100.00%)
     Enron Gulf Coast Gathering Limited Partnership
     (Delaware) (99.00%)
     Enron Liquid Services Corp. (Delaware) (100.00%)
                    Enron Processing Properties, Inc.
                    (Delaware) (100.00%)
             Port Arthur Olefins, L.L.C. (Delaware) (50.00%)
     Enron Permian Gathering Inc. (Delaware) (100.00%)
     NBP Services Corporation (Delaware) (100.00%)
ENRON OVERTHRUST PIPELINE COMPANY (Delaware) (100.00%)
ENRON PAPUA NEW GUINEA LTD (Cayman Islands) (100.00%)
            EP InterOil, Ltd. (Cayman Islands) (40.00%)
          InterOil Pty Limited (New Guinea) (100.00%)
ENRON PIPELINE COMPANY (Delaware) (100.00%)
     Black Marlin Pipeline Company (Texas) (100.00%)
     Enron Capital & Trade Resources South America S.A.
     (Argentina) (0.012%)
            Enron Gulf Coast Gathering Limited Partnership
            (Delaware) (1.00%)
     Enron International Argentina S.A. (Argentina)(00.01)
     Enron Operations Services Corp. (Delaware) (100.00%)
     Enron Preferred Capital Corp. (Delaware) (100.00%)
     Northern Natural Gas Company (Delaware) (100.00%)
     Transwestern Gathering Company (Delaware) (100.00%)
     Transwestern Pipeline Company (Delaware) (100.00%)
ENRON POWER CORP. (Delaware) (100.00%)
     Enron Development Corp. (Delaware) (100.00%)
          Enron Global Power & Pipelines L.L.C. (Delaware)
          (0.13%)
               Enron Dominican Republic Ltd. (Cayman
               Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles)
                    (49.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (49.00%)
               Enron Dominican Republic Operations Ltd.
               (Cayman Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles)
                    (1.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (1.00%)
               Enron Power Philippines Corp. (Philippines)
               (100.00%)
                    Batangas Power Corp. (Philippines)
                    (50.00%)
                    Subic Power Corp. (Philippines) (50.00%)
               Puerto Quetzal Power Corp. (Delaware)
               (50.00%)
                    Electricidad del Pacifico, S.A.
                    (Guatemala) (100.00%)
                    Western Caribbean Finance L.P. (Texas)
                    (98.00%)
          Enron-Citizens of Panama, S.A. (Panama) (100.00%)
          Enron Global Power & Pipelines L.L.C. (Delaware)
          (0.13%)
               Enron Power Philippines Corp. (Philippines)
               (100.00%)
                    Batangas Power Corp. (Philippines)
                    (50.00%)
                    Subic Power Corp. (Philippines) (50.00%)
               Puerto Quetzal Power Corp. (Delaware)
               (50.00%)
                    Electricidad del Pacifico, S.A.
                    (Guatemala) (100.00%)
                    Western Caribbean Finance L.P. (Texas)
                    (98.00%)
          Enron International Holdings Corp. (Delaware)
          (10.00%)
               Enron Global , Inc. (Delaware) (100.00%)
                    Enron Holding Company, L.L.C. (Delaware)
                    (1.00%)
                         Enron Global Power & Pipelines
                         L.L.C. (Delaware) (52.00%)
                              Enron Dominican Republic Ltd.
                              (Cayman Islands) (100.00%)
                                   Smith/Enron Cogeneration
                                   Limited Partnership
                                   (Turks & Caicos Isles)
                                   (49.00%)
                                   Smith/Enron O&M Limited
                                   Partnership (Turks &
                                   Caicos Isles) (49.00%)
                              Enron Dominican Republic
                              Operations Ltd. (Cayman Islands)
                              (100.00%)
                                   Smith/Enron Cogeneration
                                   Limited Partnership
                                   (Turks & Caicos Isles)
                                   (1.00%)
                                   Smith/Enron O&M Limited
                                   Partnership (Turks &
                                   Caicos Isles) (1.00%)
                              Enron Power Philippines Corp.
                              (Philippines) (100.00%)
                                   Batangas Power Corp.
                                   (Philippines) (50.00%)
                                    Subic Power Corp.
                                   (Philippines) (50.00%)
                              Puerto Quetzal Power Corp.
                              (Delaware) (50.00%)
                                   Electricidad del
                                   Pacifico, S.A. (Guatemala)
                                   (100.00%)
                                   Western Caribbean Finance
                                   L.P. (Texas) (98.00%)
               Enron Global Power & Pipelines L.L.C.
               (Delaware) (1.50%)
                    Enron Dominican Republic Ltd. (Cayman
                    Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (49.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (49.00%)
                    Enron Dominican Republic Operations Ltd.
                    (Cayman Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (1.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (1.00%)
               Enron Power Philippines Corp. (Philippines)
               (100.00%)
                         Batangas Power Corp. (Philippines)
                         (50.00%)
                         Subic Power Corp. (Philippines)
                         (50.00%)
                    Puerto Quetzal Power Corp. (Delaware)
                    (50.00%)
                         Electricidad del Pacifico, S.A.
                         (Guatemala) (100.00%)
                         Western Caribbean Finance L.P.
                         (Texas) (98.00%)
               Enron Holding Company, L.L.C. (Delaware)
               (1.00%)
                         Enron Global Power & Pipelines
                         L.L.C. (Delaware) (52.00%)
                              Enron Dominican Republic Ltd.
                              (Cayman Islands) (100.00%)
                                   Smith/Enron Cogeneration
                                   Limited Partnership
                                   (Turks & Caicos Isles)
                                   (49.00%)
                                   Smith/Enron O&M Limited
                                   Partnership (Turks &
                                   Caicos Isles) (49.00%)
                              Enron Dominican Republic
                              Operations Ltd. (Cayman Islands)
                              (100.00%)
                                   Smith/Enron Cogeneration
                                   Limited Partnership
                                   (Turks & Caicos Isles) (1.00%)
                                   Smith/Enron O&M Limited
                                   Partnership (Turks &
                                   Caicos Isles) (1.00%)
                              Enron Power Philippines Corp.
                              (Philippines) (100.00%)
                                   Batangas Power Corp.
                                   (Philippines) (50.00%)
                                   Subic Power Corp.
                                   (Philippines) (50.00%)
                              Puerto Quetzal Power Corp.
                              (Delaware) (50.00%)
                                   Electricidad del
                                   Pacifico, S.A.
                                   (Guatemala) (100.00%)
                                   Western Caribbean Finance
                                   L.P. (Texas) (98.00%)
     Enron International Holdings Corp. (Delaware) (30.00%)
          Enron Global , Inc. (Delaware) (100.00%)
               Enron Holding Company, L.L.C. (Delaware)
               (1.00%)
                    Enron Global Power & Pipelines L.L.C.
                    (Delaware) (52.00%)
                         Enron Dominican Republic Ltd.
                         (Cayman Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (49.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (49.00%)
                    Enron Dominican Republic Operations Ltd.
                    (Cayman Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (1.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (1.00%)
                    Enron Power Philippines Corp.
                    (Philippines) (100.00%)
                              Batangas Power Corp.
                              (Philippines) (50.00%)
                              Subic Power Corp.
                              (Philippines) (50.00%)
                         Puerto Quetzal Power Corp.
                         (Delaware) (50.00%)
                              Electricidad del Pacifico,
                              S.A. (Guatemala) (100.00%)
                              Western Caribbean Finance L.P.
                              (Texas) (98.00%)
          Enron Global Power & Pipelines L.L.C. (Delaware)
          (1.50%)
               Enron Dominican Republic Ltd. (Cayman
               Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles)
                    (49.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (49.00%)
               Enron Dominican Republic Operations Ltd.
               (Cayman Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles) (1.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (1.00%)
               Enron Power Philippines Corp. (Philippines)
               (100.00%)
                    Batangas Power Corp. (Philippines)
                    (50.00%)
                    Subic Power Corp. (Philippines) (50.00%)
               Puerto Quetzal Power Corp. (Delaware)
               (50.00%)
                         Electricidad del Pacifico, S.A.
                         (Guatemala) (100.00%)
                         Western Caribbean Finance L.P.
                         (Texas) (98.00%)
          Enron Holding Company, L.L.C. (Delaware) (1.00%)
                    Enron Global Power & Pipelines L.L.C.
                    (Delaware) (52.00%)
                         Enron Dominican Republic Ltd.
                         (Cayman Islands) (100.00%)
                              Smith/Enron Cogeneration
                              Limited Partnership (Turks
                              & Caicos Isles) (49.00%)
                              Smith/Enron O&M Limited
                              Partnership (Turks & Caicos
                              Isles) (49.00%)
                         Enron Dominican Republic Operations
                         Ltd. (Cayman Islands) (100.00%)
                              Smith/Enron Cogeneration
                              Limited Partnership (Turks
                              & Caicos Isles) (1.00%)
                              Smith/Enron O&M Limited
                              Partnership (Turks &
                              Caicos Isles) (1.00%)
                         Enron Power Philippines Corp.
                         (Philippines) (100.00%)
                              Batangas Power Corp.
                              (Philippines) (50.00%)
                              Subic Power Corp.
                              (Philippines) (50.00%)
                         Puerto Quetzal Power Corp.
                         (Delaware) (50.00%)
                              Electricidad del Pacifico,
                              S.A. (Guatemala) (100.00%)
                              Western Caribbean Finance L.P.
                              (Texas) (98.00%)
          Enron Reserve Holdings (Turks & Caicos Isles)
          (100.00%)
          Enron LNG Development Corp. (Delaware) (100.00%)
               Enron India Natural Gas, Inc. (Delaware)
               (100.00%)
               Enron Transportation Services Ltd. (Cayman
               Islands) (100.00%)
     Enron Development Corp. - Colombia Branch
          Centragas - Transportadora de Gas de la Region
          (Columbia) (1.00%)
          Central de Enron Development & Cia, S.C.A
          (Columbia) (1.00%)
     Enron Development Corp. - UK Branch
     EEL Company Limited (England) (100.00%)
          Enron Europe Limited (England) (100.00%)
               Bretton Holdings (One) Limited (England)
               (100.00%)
                    Bretton Holdings (Two) Limited (England)
                    (100.00%)
               Enron Capital & Trade Resources Limited
               (England) (100.00%)
                    Enron Engineering Services (England)
                    (99.00%)
                    Enron Europe Operations Limited
                    (England) (100.00%)
                    Enron Gas & Petrochemicals Trading
                    Limited (England) (100.00%)
                    Enron Petrochemicals B.V. (The
                    Netherlands) (100.00%)
               Enron Europe Construction Limited (England)
               (100.00%)
               Enron Europe Liquids Processing (England)
               (99.00%)
                    Enron Pakistan Operating Company
                    (Private) Limited (Pakistan) (99.00%)
               Enron Europe Power Holdings Limited (England)
               (100.00%)
               Enron Europe Power Unlimited (England)
               (65.00%)
                    Teesside Power Holdings Limited
                    (England) (85.00%)
                         Teesside Power Limited (England)
                         (50.00%)
               Enron Gas Construction Limited (England)
               (99.00%)
               Enron Gas Processing (U.K.) Limited (England)
               (100.00%)
               Enron Guc Santrallari Isletme Limited Sirketi
               (Turkey) (99.00%)
               Enron Power (Europe) Limited (England)
               (100.00%)
                    Bretton Power (England) (50.00%)
                    Enrici Power Marketing Limited (England)
                    (100.00%)
               Enron Power Construction Limited (England)
               (100.00%)
                    Enron Gas Processing (Europe) Limited
                    (England) (100.00%)
               Enron Power Operations Limited (England)
               (100.00%)
                    Enron Power Operations Teesside
                    (England) (75.00%)
               Enron Power Trading Limited (England)
               (100.00%)
               Enron SB 2 Limited (England) (100.00%)
               Enron SB Limited (England) (100.00%)
                    IPG Power Limited (England) (99.00%)
                    Sutton Bridge Power (England) (100.00%)
                         Sutton Bridge Financing Limited
                         (Cayman Islands) (100.00%)
               Enron SB Operations & Maintenance Limited
               (England) (99.00%)
               Enron Unlimco (England) (50.00%)
               EP Holdings Limited (England) (100.00%)
               Falco UPG, Limited (England) (100.00%)
                    UPG Falco Limited (England) (100.00%)
               Flotilla Power Limited (England) (100.00%)
               Flotilla Power (UK) Limited (England)
               (100.00%)
               Kent Power Limited (England) (50.00%)
               Teesside Gas Processing Limited (England)
               (100.00%)
               Teesside Gas Transportation Limited (England)
               (50.00%)
               Trenron Limited (England) (100.00%)
                    Bretton Power (England) (50.00%)
                    Enron Engineering Services (England)
                    (1.00%)
                    Enron Power Operations Teesside
                    (England) (0.50%)
                    Enron SB Operations & Maintenance
                    Limited (England) (1.00%)
                    Enron Unlimco (England) (50.00%)
               Wallerscote Operations & Maintenance Ltd.
               (England) (99.00%)
               Wallerscote Power Operations Limited
               (England) (100.00%)
                    Enron Power Operations Limited (England)
                    (100.00%)
                         Enron Power Operations Teesside
                         England) (75.00%)
                    Teesside Gas Processing Limited
                    (England) (100.00%)
                    Teesside Gas Transportation Limited
                    (England) (50.00%)
     Enron International Holdings Corp. (Delaware) (30.00%)
          Enron Global, Inc. (Delaware) (100.00%)
               Enron Holding Company, L.L.C. (Delaware)
               (1.00%)
                    Enron Global Power & Pipelines L.L.C.
                    (Delaware) (52.00%)
                         Enron Dominican Republic Ltd.
                         (Cayman Islands) (100.00%)
                         Smith/Enron Cogeneration  Limited
                         Partnership (Turks & Caicos Isles)
                         (49.00%)
                         Enron Dominican Republic Operations
                         Ltd. (Cayman Islands) (100.00%)
                         Smith/Enron Cogeneration Limited
                         Partnership (Turks & Caicos Isles)
                         (1.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (1.00%)
                         Enron Power Philippines Corp.
                         (Philippines) (100.00%)
                         Smith/Enron O&M Limited Partnership
                         (Turks & Caicos Isles) (49.00%)
          Enron Global Power & Pipelines L.L.C. (Delaware)
          (1.50%)
               Enron Dominican Republic Ltd. (Cayman
               Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles)
                    (49.00%)
               Enron Dominican Republic Operations Ltd.
               (Cayman Islands) (100.00%)
                    Smith/Enron Cogeneration Limited
                    Partnership (Turks & Caicos Isles)
                    (1.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (1.00%)
               Enron Power Philippines Corp. (Philippines)
               (100.00%)
                    Smith/Enron O&M Limited Partnership
                    (Turks & Caicos Isles) (49.00%)
                    Subic Power Corp. (Philippines) (50.00%)
               Puerto Quetzal Power Corp. (Delaware)
               (50.00%)
                    Electricidad del Pacifico, S.A.
                    (Guatemala) (100.00%)
                    Western Caribbean Finance L.P. (Texas)
                    (98.00%)
     Enron Power Corp. - U.S. (Delaware) (100.00%)
          Enron Equipment Installation Company (Delaware)
          (100.00%)
               Enron Equipment Procurement Company
               (Delaware) (100.00%)
               Enron/CNF Equipment, L.P. (Delaware) (1.00%)
               Enron Export Sales Ltd. (Barbados) (100.00%)
               Enron Fuels International, Inc. (Delaware)
               (100.00%)
          Enron Onshore Procurement Company (Delaware)
          (100.00%)
          Enron Power I (Puerto Rico), Inc. (Delaware)
          (100.00%)
               Enron/CNF Power Construction, L.P. (Delaware)
               (1.00%)
               Enron/CNF Power Construction Partnership
               (50.00%)
          Enron Power Construction Company (Delaware)
          (100.00%)
          Enron Power Oil Supply Corp. (Delaware) (100.00%)
          Enron Power Philippine Operating Corp. (Delaware)
          (100.00%)
          Superior Construction Company (Delaware) (100.00%)
     Enron Power Holdings B.V. (The Netherlands) (100.00%)
          Enron Power Holdings GmbH (Germany) (100.00%)
               Enron Energie GmbH (Germany) (100.00%)
               Kraftwerk Bitterfeld GmbH (Germany) (50.00%)
     Enron Power Operating Company (Delaware) (100.00%)
     Enron Subic Power Corp. (Philippines) (99.00%)
OWER ISRAEL LTD. (Cayman Islands) (100.00%)
ENRON POWER JORDAN LTD. (Cayman Islands) (100.00%)
ENRON PREFERRED FUNDING, L. P. (Delaware) (3.00%)
ENRON PREFERRED FUNDING II, L. P. (Delaware) (3.00%)
ENRON PROPERTY COMPANY (Delaware) (100.00%)
     Access Real Estate Advisors, Inc. (Delaware) (100.00%)
ENRON PROPERTY & SERVICES CORP. (Delaware) (100.00%)
ENRON QATAR HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Qatar Investments Ltd. (Cayman Islands) (100.00%)
     Enron Qatar Ltd. (Cayman Islands) (99.00%)
          Enron Qatar LNG Marketing Ltd. (Cayman Islands)
          (99.00%)
ENRON RENEWABLE ENERGY CORP. (Delaware) (78.33%)
     Enron Wind Corp. (California) (100.00%)
        Aeolos S.A. (Greece) (2.00%)
        Enron Wind Holdings B.V. (The Netherlands) (100.00%)
        Enron Wind Holding GmbH (Germany) (100.00%)
             Tacke Windenergie GmbH (Germany) (100.00%)
             Tacke Service GmbH (Germany) (100.00%)
          Enron Wind International Holding Corp.
          (California) (100.00%)
             Zond Chile S.A. (Chile) (99.00%)
             Zond de Espana Parques Eolicos, S.L. (Spain)
             (100.00%)
             Zond International Holding Corporation (Cayman
             Islands) (100.00%)
                 Mynydd Eleri Limited (Cayman Islands)
                 (99.00%)
                 Zond Cayman Corporation (Cayman Islands)
                 (100.00%)
                    Mynydd Eleri Limited (Cayman Islands)
                    (1.00%)
                    Zond Honduras L.L.C. (Cayman Islands)
                    (1.00%)
                    Zond Power Partners of Chandras L.L.C.
                    (Cayman Islands) (1.00%)
                    Zond Power Partners of Honduras L.L.C.
                    (Cayman Islands) (1.00%)
                    Zond Power Partners of Megali Vrissi
                    L.L.C. (Cayman Islands) (1.00%)
                    Zond Power Partners of Mynydd Gorddu
                    L.L.C. (Cayman Islands (1.00%)
                         Mynydd Gorddu Investment Company
                         (Cayman Islands) (100.00%)
                    Zond Power Partners of Owenreagh L.L.C.
                    (Cayman Islands) (1.00%)
               Zond Honduras L.L.C. (Cayman Islands)
               (99.00%)
               Zond Power Partners of Chandras L.L.C.
               (Cayman Islands) (99.00%)
               Zond Power Partners of Honduras L.L.C.
               (Cayman Islands) (99.00%)
               Zond Power Partners of Megali Vrissi L.L.C.
               (Cayman Islands) (99.00%)
               Zond Power Partners of Mynydd Gorddu L.L.C.
               (Cayman Islands) (99.00%)
               Zond Power Partners of Owenreagh L.L.C.
               (Cayman Islands) (99.00%)
                    Owenreagh Power Partners (Cayman
                    Islands) (5.50%)
     Enron Wind Systems, Inc. (California) (100.00%)
          Triveni Zond Private Limited (India) (100.00%)
          Zond International Limited (England) (100.00%)
               Mynydd Gorddu Maintenance Limited (England)
               (100.00%)
               Parco Eolico Faeto S.R.L.(Italy) (50.00%)
               Zond International Contractors Limited
               (England) (100.00%)
     Iweco S.A. (Greece) (98.00%)
          Aeolos S.A. (Greece) (98.00%)
          Iweco Megali Vrissi S.A. (Greece) (98.00%)
     Iweco Megali Vrissi S.A. (Greece) (2.00%)
     X2Y2 Corporation (California) (81.10%)
     Zond Construction Corporation (California) (100.00%)
     Zond Construction Corporation II (California) (100.00%)
     Zond Construction Corporation III (California)
     (100.00%)
     Zond Construction Corporation IV (California) (100.00%)
     Zond Constructors, Inc. (California) (100.00%)
          Zond Constructors II, Inc. (California) (100.00%)
               Zond Minnesota Construction Company L.L.C.
               (California) (99.00%)
          Zond Minnesota Construction Company L.L.C.
          (California) (1.00%)
     Zond Development Corporation (California) (78.33%)
          Iowa Power Partners I L.L.C. (Delaware) (100.00%)
          Iowa Power Partners II L.L.C. (Delaware) (100.00%)
          Zond Cabazon Development Corporation (California)
          (100.00%)
               Cabazon Wind Developers (California) (50.00%)
          Zond Iowa Development Corporation (California)
          (100.00%)
               Midwest Wind Developers (California) (50.00%)
          Zond Maine Development Corporation (California)
          (100.00%)
          Zond Minnesota Development Corporation
          (California) (78.33%)
               Zond Lake Benton L.L.C. (Delaware) (100.00%)
                    Lake Benton Power Partners L.L.C.
                    (Delaware) (100.00%)
     Zond Energy Systems, Inc. (California) (100.00%)
     Zond-PanAero Windsystems Partners I (California) (0.5%)
     Zond-PanAero Windsystems Partners II (California)
     (0.5%)
     Zond Systems, Inc.  (California) (100.00%)
          Mesa Wind Developers (California) (50.00%)
          Painted Hills Wind Developers (California)
          (50.00%)
          Zond Mesa-VGIV Corporation (California) (100.00%)
             Zond Construction Corporation (California)
             (100.00%)
                  Mesa Construction Company (California)
                  (50.00%)
             Zond Construction Corporation II (California)
             (100.00%)
                  Mesa Construction Company II (California)
                  (50.00%)
          Zond Minnesota Development Corporation
          (California) (100.00%)
          Zond Pacific, Inc.Hawaii (100.00%)
          Zond Palm Springs Development Corporation
          (California) (100.00%)
             Palm Springs Wind Developers (California)
             (50.00%)
          ZWHC, L.L.C.  (California) (50.00%)
             Sagebrush Partner Twenty, Inc. (California)
             (100.00%)
          Zond Windsystems Management Corporation
          (California) (100.00%)
          Zond Windsystems Management Corporation II
          (California) (100.00%)
          Zond Windsystems Management Corporation III
          (California) (100.00%)
          Zond Windsystems Management Corporation IV
          (California) (100.00%)
          Zond Windsystems Management Corporation V
          (California) (100.00%)
          Zond Windsystems Operating Corporation
          (California) (100.00%)
     Zond International Development Corp. (California)
     (100.00%)
     Zond International Limited (England) (99.99%)
          Mynydd Gorddu Maintenance Limited (England)
          (100.00%)
          Zond Ireland Limited (Ireland) (100.00%)
     Zond International Sales Corporation (Barbados)
     (100.00%)
     Zond Maintenance Corporation (California) (100.00%)
          Zond Victory Garden Phase IV Maintenance
          Corporation (California) (100.00%)
     Zond Windsystems Partners, Ltd.  Series 85-A
     (California) (1.00%)
          Sagebrush Partner Seventeen, Inc. (California)
          (100.00%)
     Zond Windsystems Partners, Ltd.  Series 85-B
     (California) (1.00%)
          Sagebrush Partner Eighteen, Inc. (California)
          (100.00%)
     Zond Windsystems Partners, Ltd.  Series 85-C
     (California) (1.00%)
          Sagebrush Partner Nineteen, Inc. (California)
          (100.00%)
ENRON RUSSIA DEVELOPMENT, INC. (Delaware) (100.00%)
ENRON SAUDI ENERGY LTD. (Cayman Islands) (100.00%)
ENRON SERVICIOS DE ELECTRICIDAD HOLDINGS LTD. (Cayman
Islands) (100.00%)
   Enron Servicios de Electricidad Colombia Ltd. (Cayman
   Islands) (99.00%)
   Enron Servicios de Electricidad Investments Ltd. (Cayman
   Islands) (100.00%)
ENRON SERVICIOS DE ENERGIA, S.A. (Bolivia) (100.00%)
ENRON SICHUAN HOLDINGS LTD. (Cayman Islands) (100.00%)
   Enron Sichuan Investments Ltd. (Cayman Islands) (100.00%)
   Enron Sichuan Ltd. (Cayman Islands) (99.00%)
ENRON SOLAR ENERGY, INC. (Delaware) (100.00%)
   Amoco/Enron Solar Partnership (General Partnership)
   (50.00%)
      Amoco/Enron Solar Power Development International,
      Inc. (Cayman Islands) (100.00%)
          Amoco/Enron Solar Power Development Global, Inc.
          (Cayman Islands) (100.00%)
          Amoco Enron Solar Mauritius, Inc. (Mauritius)
          (99.00%)
             Indo-Star Energy (India) (100.00%)
ENRON SOUTHERN AFRICA HOLDINGS (Cayman Islands) (100.00%)
     Enron Southern Africa Investments (Cayman Islands)
     (100.00%)
     Enron Southern Africa Development Ltd. (Cayman Islands)
     (99.00%)
ENRON S. A. HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron South Africa Ltd. (Cayman Islands) (99.00%)
     Enron S. A. Investments Ltd. (Cayman Islands) (100.00%)
ENRON STORAGE COMPANY (Delaware) (100.00%)
     Napoleonville Storage Company Limited Partnership
     (Texas) (1.00%)
ENRON TAIWAN COGEN HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Taiwan Cogen Investments Ltd. (Cayman Islands)
     (100.00%)
ENRON THAI HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Thai Investments Ltd. (Cayman Islands) (100.00%)
     Enron Thailand Ltd. (Cayman Islands) (99.00%)
ENRON TRAILBLAZER PIPELINE COMPANY (Delaware) (100.00%)
     Trailblazer Pipeline Company (33.30%)
ENRON TRANSITION COMPANY, INC.      (Delaware) (100.00%)
ENRON TRANSPORTADORA DE BOLIVIA LTD. (Cayman Islands)
(100.00%)
     Enron Transportadora (Bolivia) S.A. (Bolivia) (100.00%)
ENRON TRANSPORTADORA URUGUAY LTD. (Cayman Islands) (100.00%)
     Enron Pipeline Uruguay Ltd. (Cayman Islands) (51.00%)
     Perez Enron Transportadora Ltd. (Cayman Islands)
     (51.00%)
ENRON TUNISIA HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Tunisia Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Tunisia Power Ltd. (Cayman Islands) (99.00%)
ENRON VENEZUELA HOLDINGS LTD. (Cayman Islands) (100.00%)
ENRON VENTURE CAPITAL COMPANY (Delaware) (100.00%)
     EnerTek Partners, L.P. (16.50%)
ENRON VENTURES CORP. (Delaware) (100.00%)
     Enron Nuclear Services Corp. (Delaware) (100.00%)
ENRON VIETNAM HOLDINGS LTD. (Cayman Islands) (100.00%)
     Enron Vietnam Investments Ltd. (Cayman Islands)
     (100.00%)
     Enron Vietnam Gas Ltd. (Cayman Islands) (99.00%)
ENRON VIETNAM POWER LTD. (Cayman Islands) (100.00%)
    Enron Ba Ria Power Company Ltd. (Cayman Islands)
    (100.00%)
       Vung Tau Power Ltd. (Cayman Islands) (100.00%)
ENRON WASHINGTON, INC. (Delaware) (100.00%)
ENRON WEST AFRICA POWER LTD. (Cayman Islands) (100.00%)
ENRON-MEX SERVICES LTD. (Cayman Islands) (100.00%)
ENRON SPORTS CORP. (Delaware) (100.00%)
     Stadium Partners, L. P. (Texas) (50.00%)
EOTT ENERGY PARTNERS, L.P. (Delaware) (9.62%)
FIRSTPOINT, INC. (Oregon) (100.00%)
     Firstpoint California, Inc. (Oregon) (100.00%)
     Firstpoint Connections, Inc. (Oregon) (100.00%)
     Firstpoint Convergent Systems, Inc. (Oregon) (100.00%)
     Firstpoint Customer Care, Inc. (Oregon) (100.00%)
     Firstpoint Energy Services, Inc. (Oregon) (100.00%)
     Firstpoint Power Marketing, Inc. (Oregon) (100.00%)
     Firstpoint Utility Solutions, Inc. (Oregon) (100.00%)
          Firstpoint Information Services, Inc. (Oregon)
          (100.00%)
               SI3 L.L.C. (Delaware) (50.00%)
FIRSTPOINT TELECOMMUNICATIONS, INC. (Oregon) (100.00%)
     Firstpoint Communications, Inc. (Oregon) (100.00%)
          FirstPoint Brazil Communications Ltd. (Cayman
          Islands) (100.00%)
          FTV Communications L.L.C. (Delaware) (33.33%)
FUJIAN HOLDINGS LTD. (Cayman Islands) (100.00%)
     Fujian Investments Ltd. (Cayman Islands) (100.00%)
     Enron Clean Electricity II Ltd. (Cayman Islands)
     (99.00%)
GULF COMPANY LTD. (Vermont) (100.00%)
HAINAN FUNDING LTD. (Cayman Islands) (100.00%)
HOUSTON PIPE LINE COMPANY (Delaware) (100.00%)
     A-S Line (Delaware) (50.00%)
     Austin Line (Delaware) (50.00%)
     Big Cowboy Line (Delaware) (50.00%)
     Citrus Corp. (Delaware) (50.00%)
          Citrus Energy Services, Inc. (Delaware) (100.00%)
          Citrus Trading Corp. (Delaware) (100.00%)
               Citrus Marketing, Inc. (Delaware) (100.00%)
          Florida Gas Transmission Company (Delaware)
          (100.00%)
               Border Gas, Inc. (Delaware) (3.33%)
     Coal Properties Corporation (Illinois) (100.00%)
     Enron Engineering & Construction Company (Texas)
     (100.00%)
          Enron Engineering Acquisition Corp. (Delaware)
          (100.00%)
          Enron Advisory Services, Inc. (Delaware) (100.00%)
          National Energy Production Corporation (Delaware)
          (100.00%)
               Thai Nepco, Ltd. (Thailand) (99.94%)
     Enron Industrial Natural Gas Company (Delaware)
     (100.00%)
     Enron Interstate Pipeline Company (Delaware) (100.00%)
     Enron Texoma Gas Company (Texas) (100.00%)
     Houston Pipe Line Marketing Company (Texas) (100.00%)
     HPL Resources Company (Delaware) (100.00%)
          Overthrust Pipeline Company (18.00%)
     Intratex Gas Company (Delaware) (100.00%)
     MidTexas Pipeline Company (Joint Venture) (50.00%)
     Panhandle Gas Company (Delaware) (100.00%)
     Riverside Farms Company (Illinois) (100.00%)
     San Marco Pipeline Company (Colorado) (50.00%)
     Seagull Shoreline System  (30.00%)
     South Texas Line (80.00%)
     Transgulf Pipeline Company (Florida) (100.00%)
     Three Rivers Gas Gathering Company, L.L.C. (Delaware)
     (50.00%)
INTERNATIONAL ENERGY DEVELOPMENTS OF PERU CORP. (Delaware)
(100.00%)
INTERNATIONAL ENERGY INVESTMENTS OF PERU CORP. (Delaware)
(100.00%)
INTERNATIONAL ENERGY HOLDINGS OF PERU CORP. (Delaware)
(100.00%)
MULTIVA HOLDINGS, LTD. (Cayman Islands) (100.00%)
     Ilijan Power Corporation (Philippines) (100.00%)
NORTHERN PLAINS NATURAL GAS COMPANY (Delaware) (100.00%)
     Northern Border Intermediate Limited Partnership
     (Delaware) (0.50%)
        Black Mesa Holdings, Inc (Delaware) (60.50%)
        Black Mesa Pipeline Operations, L.L.C (Delaware)
        (60.50%)
        Northern Border Pipeline Company (Texas) (70.00%)
        Williams Technologies, Inc. (Oklahoma) (100.00%)
               China Pipeline Holdings Ltd. (Cayman Islands)
               (00.82%)
     Northern Border Partners, L.P. (Delaware) (12.630%)
        Northern Border Intermediate L.P. (Delaware)
        (98.9899%)
     Northern Border Pipeline Corporation (Delaware)
     (100.00%)
NOWA SARZYNA HOLDING B.V. (The Netherlands) (100.00%)
     Enron Poland Investment B.V. (The Netherlands)
     (100.00%)
               Electrocieplownia Nowa Sarzyna Sp. z o.o
               (73.00%)
OMNICOMP, INC. (Pennsylvania) (100.00%)
OPTEC, INC. (Oregon) (100.00%)
ORGANIZATIONAL PARTNER, INC. (Delaware) (100.00%)
PANTANAL ENERGETICA HOLDINGS LTD. (Cayman Islands) (100.00%)
     Pantanal Energetica Investments Ltd. (Cayman Islands)
     (100.00%)
PANTANAL ENERGETICA DO SUL HOLDINGS LTD. (Cayman Islands)
(100.00%)
     Pantanal Energetica do Sul Investments Ltd. (Cayman
     Islands) (100.00%)
PORTLAND GENERAL ELECTRIC COMPANY (Oregon) (100.00%)
     Portland General Transport Corporation (Oregon)
     (100.00%)
     121 S.W. Salmon St. Corporation (Oregon) (100.00%)
          World Trade Center Northwest Corporation (Oregon)
          (100.00%)
PORTLAND GENERAL HOLDINGS, INC. (Oregon) (100.00%)
     PLC-Kalamazoo, Inc. (Oregon) (100.00%)
     Columbia Willamette Development Company (Oregon)
     (100.00%)
     Columbia Willamette Leasing, Inc. (Oregon) (100.00%)
          Rail Leasing, Inc. (Oregon) (100.00%)
     Tule Hub Services Company (Oregon) (100.00%)
     Portland General Property Holdings, Inc. (Oregon)
     (100.00%)
PORTLAND TRANSITION COMPANY, INC. (Oregon) (100.00%)
PRAIRIE HAWK, INC. (Delaware) (100.00%)
SAN JUAN GAS COMPANY, INC. (Puerto Rico) (100.00%)
SHELBY LTD. (Cayman Islands) (100.00%)
SMITH STREET LAND COMPANY (Delaware) (100.00%)
     Block 321 Partnership (Texas) (99.00%)
SOUTHERN BRAZIL ELECTRIC HOLDINGS LTD. (Cayman Islands)
(100.00%)
     Enron Sao Paulo Investments Ltd. (Cayman Islands)
     (100.00%)
          Enron Electric Sao Paulo C.V. (The Netherlands)
          (1.00%)
SOUTHWEST BRAZIL ELECTRIC HOLDINGS LTD. (Cayman Islands)
(100.00%)
     Enron Electric Mato Gross do Sul C.V. (The Netherlands)
     (99.00%)
     Enron Mato Grosso do Sul Investments Ltd. (Cayman
     Islands) (100.00%)
          Enron Electric Mato Gross do Sul C.V. (The
          Netherlands) (1.00%)
SPORTS FINANCING CORP. (Delaware) (100.00%)
     Stadium Facilities, L. P. (Texas) (50.00%)
THE BENTLEY COMPANY (California) (100.00%)
     Bentley Energy Services, Inc. (California) (100.00%)
     Engineering and Design Associates, Inc. (Oregon)
     (100.00%)
WHITEWING ASSOCIATES L.L.C. (Delaware) (53.00%)