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): March 19, 1997 THE BROOKLYN UNION GAS COMPANY (Exact name of registrant as specified in its charter) New York 1-722 11-0584613 (State of Incorporation) (Commission File (IRS Employer Number) Identification Number) One MetroTech Center Brooklyn, New York 11201-3850 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (718) 403-2000 Item 5. Other Events. On March 19, 1997, The Brooklyn Union Gas Company ("Brooklyn Union") and The Long Island Lighting Company, a New York corporation ("LILCO") issued the joint press release attached hereto as Exhibit 99, which is incorporated herein by reference, with respect to the matters described therein and the additional exhibits included herewith. The Agreement in Principle attached hereto as Exhibit 2, which is incorporated herein by reference, is intended by the parties to be executed shortly. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits The following exhibits are filed as part of this re- port: 2 Agreement in Principle, dated as of March 19, 1997, by and among Long Island Power Authority, a corporate municipal instrumentality of the state of New York, Long Island Lighting Company and The Brooklyn Union Gas Company. 99 Press release dated March 19, 1997 SIGNATURE Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned here- unto duly authorized. Dated: March 19, 1997 THE BROOKLYN UNION GAS COMPANY By /s/ Robert R. Wieczorek Name: Robert R. Wieczorek Title: Vice President, Secretary and Treasurer -2- EXHIBIT INDEX Exhibit Number Description 2 Agreement in Principle, dated as of March 19, 1997, by and among Long Island Power Authority, a corporate municipal instrumentality of the state of New York, Long Island Lighting Company and The Brooklyn Union Gas Company. 99 Press release dated March 19, 1997 -3-