Williams Partners' Atlantic Sunrise Project Receives Federal Energy Regulatory Commission’s Final Environmental Impact Stat...
January 03 2017 - 06:45AM
Business Wire
Key milestone for project to connect
abundant, cost-effective gas supply with East Coast markets
Company expects partial service to begin
during the second half of 2017; targeting full service
mid-2018
Williams Partners (NYSE: WPZ) today reported it has reached a
key regulatory milestone toward obtaining federal approval to
construct its proposed Atlantic Sunrise expansion project – an
expansion of the existing Transco natural gas pipeline to connect
abundant Marcellus gas supplies with markets in the Mid-Atlantic
and Southeastern U.S.
The Federal Energy Regulatory Commission (FERC) on Dec. 30
published its final Environmental Impact Statement (EIS) for the
proposed project, concluding that environmental impacts would be
reduced to “less than significant levels” with the implementation
of mitigation measures proposed by the company and FERC.
“The final Environmental Impact Statement underscores our
collaborative efforts to design the Atlantic Sunrise project in a
manner that minimizes environmental impacts, while fulfilling the
critical need of connecting consumers all along the East Coast with
abundant, cost-effective Pennsylvania natural gas supplies by
leveraging our existing Transco pipeline infrastructure,” said Rory
Miller, senior vice president of Williams Partners’ Atlantic-Gulf
operating area.
The FERC action is a key step toward the Commission's final
decision on the project, which is expected in early 2017. Following
the receipt of all necessary regulatory approvals, Williams
Partners anticipates beginning construction on the mainline portion
of the project facilities in mid-2017. These mainline facilities
will create a much-needed path from the northern part of the
Transco system to markets along the Eastern Seaboard for a portion
of the project capacity in time for the 2017-2018 heating season.
Construction on the Central Penn Line, the greenfield portion of
the project, is targeted to begin early in the 3rd Quarter of 2017,
which would allow for those facilities to be placed into service in
mid-2018.
The FERC EIS assesses the potential environmental effects of the
construction and operation of the project in accordance with the
requirements of the National Environmental Policy Act. The FERC is
the primary approval agency and serves in a coordinating role with
other relevant agencies.
About Atlantic Sunrise
Once complete, the Atlantic Sunrise expansion will help
alleviate infrastructure bottlenecks in Pennsylvania, connecting
abundant Marcellus gas supplies with markets in the Mid-Atlantic
and Southeastern U.S. The nearly $3 billion expansion of the
existing Transco natural gas pipeline is designed to increase
deliveries by 1.7 billion cubic feet per day (enough to provide
service to seven million homes). Williams Partners’ net investment
in the Atlantic Sunrise project is expected to be approximately
$1.9 billion.
Pennsylvania State University researchers forecast the Atlantic
Sunrise project to directly and indirectly support approximately
8,000 jobs in the 10 Pennsylvania counties during the project’s
construction phase, resulting in an estimated $1.6 billion economic
impact in the project area.
Additional information about the Atlantic Sunrise project can be
found at www.williams.com/atlanticsunrise.
Transco is a wholly owned subsidiary of Williams Partners, of
which Williams (NYSE: WMB) owns controlling interests and is the
general partner. Transco is the nation’s largest and
fastest-growing interstate natural gas transmission pipeline
system. It delivers natural gas to customers through its
10,200-mile pipeline network whose mainline extends nearly 1,800
miles between South Texas and New York City. The system provides
cost-effective natural gas services to U.S. markets in the
Southeast and Atlantic seaboard states, including major
metropolitan areas in New York, New Jersey and Pennsylvania, as
well as international markets.
About Williams Partners
Williams Partners (NYSE: WPZ) is an industry-leading, large-cap
natural gas infrastructure master limited partnership with a strong
growth outlook and major positions in key U.S. supply basins.
Williams Partners has operations across the natural gas value chain
from gathering, processing and interstate transportation of natural
gas and natural gas liquids to petchem production of ethylene,
propylene and other olefins. Williams Partners owns and operates
more than 33,000 miles of pipelines system wide – including the
nation’s largest volume and fastest growing pipeline – providing
natural gas for clean-power generation, heating and industrial use.
Williams Partners’ operations touch approximately 30 percent of
U.S. natural gas. Tulsa, Okla.-based Williams (NYSE: WMB), a
premier provider of large-scale U.S. natural gas infrastructure,
owns 60 percent of Williams Partners, including all of the 2
percent general-partner interest. www.williams.com
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The Williams Companies, Inc.Investor Relations:John
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