SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                              -------------------

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934

        Date of report (date of earliest event reported): January 25, 1999

                       PANHANDLE EASTERN PIPE LINE COMPANY
             (Exact name of registrant as specified in its charter)

         DELAWARE                         1-2921                 44-0382470
(State of other jurisdiction of   (Commission File Number)   (I.R.S. Employer
  incorporation)                                             Identification No.)


5400 Westheimer Court
P.O. Box 1642
Houston, Texas                                                  77251-1692
(Address of principal executive offices)                        (Zip Code)

        Registrant's telephone number, including area code: 713-627-5400

Item 5. Other Events.

        Duke Energy Corporation and CMS Energy Corporation have received
requests for additional information ("Second Requests") from the Federal Trade
Commission ("FTC") under the Hart-Scott-Rodino Antitrust Improvements Act
("HSR") relating to Duke's sale to CMS of the stock of the registrant, Trunkline
Gas Company, two storage subsidiaries and Trunkline LNG Company. Duke and CMS
are in the process of complying with the Second Request and providing other
information to the staff of the FTC. Currently, Duke believes that it will be
able to comply substantially with the Second Request in February and that this
will enable the HSR waiting period to expire in time to permit a closing of the
acquisition in the first quarter of 1999. Duke is seeking to resolve open issues
with the FTC's staff which would allow an early termination by the FTC of the
waiting period, either before or after compliance with the Second Request. While
Duke knows of no valid basis for the FTC to take action opposing the
acquisition, Duke cannot give any assurance with respect to the action of the
FTC under HSR or its timing.



                                    SIGNATURE

       Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          PANHANDLE EASTERN PIPE LINE COMPANY
                                                      (registrant)




                                          By:   ________________________
                                                Steven M. Roverud
                                                President 

                                                
Dated:  January 25, 1999