Williams Partners’ Transco Pipeline Seeks FERC Approval for Project to Serve Growing Demand for Natural Gas in Northeastern...
September 01 2017 - 5:14PM
Business Wire
Williams Partners L.P. (NYSE: WPZ) announced today that
Transcontinental Gas Pipe Line Company, LLC (Transco) has filed an
application with the Federal Energy Regulatory Commission (FERC)
seeking authorization for its Rivervale South to Market project,
which would create 190,000 dekatherms per day of firm
transportation capacity to northeastern markets in time for the
2019/2020 winter heating season.
Transco has executed precedent agreements with Direct Energy
Business Marketing, LLC and UGI Energy Services, LLC for firm
transportation service under the project. Once complete, the
project will help meet the growing heating and power generation
demand for northeastern consumers, primarily in New Jersey and New
York.
Frank Ferazzi, senior vice president of Williams Partners’
Atlantic – Gulf operating area, said, “The demand for
clean-burning, affordable natural gas continues to climb,
particularly in markets like New Jersey and New York City. The
Rivervale South to Market project is especially attractive because
it leverages existing Transco pipeline infrastructure, helping meet
our customers’ energy needs by upgrading existing facilities,
resulting in a very limited project footprint.”
Steve Haugenes, vice president of Direct Energy Business’
Natural Gas Operations Group, said, “New York City and northern New
Jersey continue to be important growing markets for our vibrant
commercial, industrial and wholesale businesses. Firming up volumes
that have been flowing on a secondary basis will enable us to
better meet the reliability standards that our customers
demand.”
J.P. Ghio, vice president of UGI Energy Services’ Supply and
Customer Operations, added, “The Rivervale South to Market project
is a natural fit for UGI Energy Services as we continue to grow in
the mid-Atlantic by delivering clean, low-cost natural gas to our
customers in New Jersey and New York.” Ghio added, “New York City
has made tremendous strides in air quality due primarily to the
conversion from fuel oil to natural gas, and 74 percent of homes in
New Jersey rely on natural gas to heat their homes. The Rivervale
South to Market project will serve to further those efforts.”
Subject to regulatory approval, the Rivervale South to Market
project will consist of uprating 10.35 miles of existing Transco
pipeline, adding a 0.61-mile pipeline loop, as well as upgrades and
modifications to existing pipeline facilities, all in New
Jersey.
The certificate application reflects an expected capital cost of
$127 million and a target in-service date of Nov. 1, 2019.
The Rivervale South to Market project adds to the list of more
than $5 billion in Transco expansion projects placed in service in
2017 or currently in execution.
Transco 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 is a major
provider of cost-effective natural gas services that reach U.S.
markets in 12 Southeast and Atlantic Seaboard states, including
major metropolitan areas in New York, New Jersey and
Pennsylvania.
About Williams Partners
Williams Partners 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
including gathering, processing and interstate transportation of
natural gas and natural gas liquids. 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 approximately 74 percent of Williams Partners.
www.williams.com
About Direct Energy
Direct Energy is one of North America's largest energy and
energy-related services providers with nearly five million
residential and commercial customers. Direct Energy provides
customers with choice and support in managing their energy costs
through a portfolio of innovative products and services. A
subsidiary of Centrica plc (LSE: CNA), one of the world's leading
integrated energy companies, Direct Energy operates in 50 U.S.
states plus the District of Columbia and 10 provinces in
Canada.
About UGI Energy Services LLC
UGI Energy Services LLC (UGIES), a subsidiary of UGI
Corporation, markets natural gas, electricity and liquid fuels to
commercial, institutional and industrial customers serving
approximately 43,000 locations in ten eastern states and
Washington, D.C. UGIES owns and operates natural gas underground
storage fields, LNG storage, propane terminals and peaking plants,
gathering systems, compressor stations, and electric generation
assets. In addition, UGIES Midstream supports the storage,
transportation and delivery of locally produced natural gas in the
Mid-Atlantic region.
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the partnership
believes any such statements are based on reasonable assumptions,
there is no assurance that actual outcomes will not be materially
different. Additional information about issues that could lead to
material changes in performance is contained in the partnership’s
annual and quarterly reports filed with the Securities and Exchange
Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20170901005766/en/
Williams Partners L.P.Media Contact:Chris Stockton,
713-215-2010orInvestor Contact:Brett Krieg, 918-573-4614
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