FORM 8-K

                                 CURRENT REPORT


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


          Date of Report (Date of earliest event reported) May 17, 2001



Commission          Registrant; State of Incorporation;           IRS Employer
File Number            Address; and Telephone Number           Identification No


1-9513                     CMS ENERGY CORPORATION                  38-2726431
                          (a Michigan Corporation)
                      Fairlane Plaza South, Suite 1100
                            330 Town Center Drive
                          Dearborn, Michigan 48126
                               (313) 436-9261

1-2921               PANHANDLE EASTERN PIPE LINE COMPANY           44-0382470
                          (a Delaware Corporation)
                            5444 Westheimer Court
                            Houston, Texas 77056
                               (713) 627-5400





ITEM 5.  OTHER EVENTS.

     On May 17, 2001 CMS Energy Corporation  announced its Trunkline LNG Company
unit has signed an agreement  with BG Group of the United Kingdom which provides
for a 22-year  contract for all the current  uncommitted  capacity at CMS's Lake
Charles, La., liquefied natural gas terminal. The 22-year contract, which begins
in  January  2002,  gives BG Group  the right to all of the  terminal's  current
uncommitted vaporization and storage capacity of approximately 5.1 billion cubic
feet.  The  contract  capacity  increases  to 6.3  billion  cubic  feet after an
existing   contract  expires  August  2005.  With  this  transaction  and  other
contractual  commitments in place, CMS Energy estimates it has firmed up present
value revenues totaling approximately $450 million from the facility.

     Trunkline  LNG  Company is a  subsidiary  of  Panhandle  Eastern  Pipe Line
Company, which is in turn a subsidiary of CMS Energy.

     This document  contains  "forward-looking  statements"  that are subject to
risks and  uncertainties.  The  words  "anticipates",  "believes",  "estimates",
"expects",  "intends",  and "plans", and  variations  of such words and similar
expressions, are intended to identify forward looking statements. They should be
read in conjunction with "Forward-Looking  Statements Cautionary Factors" in CMS
Energy's and Panhandle's  Form 10-K, Item 1 (incorporated  by reference  herein)
that  discusses  important  factors that could cause CMS Energy's or Panhandle's
results to differ materially from those anticipated in such statements.


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrants  have duly caused  this  report to be signed on their  behalf by the
undersigned hereunto duly authorized.

                                            CMS ENERGY CORPORATION


Dated:     May 17, 2001                     By: /s/ Alan M. Wright
                                               Alan M. Wright
                                               Executive Vice President,
                                                Chief Financial
                                                and Administrative Officer


                                             PANHANDLE EASTERN PIPE LINE COMPANY


Dated:     May 17, 2001                      By: /s/Alan M. Wright
                                                Alan M. Wright
                                                Senior Vice President,
                                                 Chief Financial Officer
                                                 and Treasurer