Williams Completes Rivervale South to Market Project to Help Serve Growing Demand for Natural Gas in Northeastern U.S.
September 03 2019 - 8:30AM
Business Wire
Williams (NYSE: WMB) announced today that it has successfully
placed into full service its Rivervale South to Market project – an
expansion of the existing Transco natural gas pipeline system to
meet growing heating and power generation demand for northeastern
consumers.
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Williams’ Paramus Metering &
Regulating Station in Paramus, NJ was among Williams’ existing
facilities in New Jersey to be upgraded or modified as part of the
Rivervale South to Market project, an expansion of the existing
Transco natural gas pipeline system to meet growing heating and
power generation demand for northeastern consumers. (Photo:
Business Wire)
The Rivervale South to Market project provides 190,000
dekatherms of firm natural gas service (enough natural gas to meet
the daily needs of about 1 million homes) by uprating 10.3 miles of
existing Transco pipeline, adding less than a mile of new pipeline
looping, and upgrading or modifying existing facilities, all in New
Jersey.
“The demand for clean, reliable natural gas is at an all-time
high, particularly in the northeastern markets where it has had a
direct impact on significantly improving regional air quality,”
said Alan Armstrong, president and chief executive officer of
Williams. “The Rivervale South to Market project will continue this
progress in a manner that minimizes environmental impacts by
enhancing and expanding our existing Transco pipeline
infrastructure.”
A portion of the Rivervale South to Market project (140,000
dekatherms per day) was placed into service on July 1, 2019. The
remaining portion of the project (50,000 dekatherms per day) was
placed into service on Sept. 1, 2019.
Construction on the Rivervale South to Market project began in
early 2019. With this expansion, the Transco pipeline’s
system-design capacity is increased to 17.2 million dekatherms per
day.
The Transco pipeline system includes approximately 10,000 miles
of pipeline extending 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 Southeastern and
Atlantic Seaboard states, including major metropolitan areas in New
York, New Jersey and Pennsylvania.
About Williams
Williams (NYSE: WMB) is a premier provider of large-scale
infrastructure connecting U.S. natural gas and natural gas products
to growing demand for cleaner fuel and feedstocks. Headquartered in
Tulsa, Oklahoma, Williams is an industry-leading, investment grade
C-Corp with operations across the natural gas value chain including
gathering, processing, interstate transportation and storage of
natural gas and natural gas liquids. With major positions in top
U.S. supply basins, Williams owns and operates more than 30,000
miles of pipelines system wide – including Transco, the nation’s
largest volume and fastest growing pipeline – providing natural gas
for clean-power generation, heating and industrial use. Williams’
operations handle approximately 30% of U.S. natural gas.
www.williams.com
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the company
believes any such statements are based on reasonable assumptions,
there is no assurance that actual outcomes will not be materially
different. Any such statements are made in reliance on the “safe
harbor” protections provided under the Private Securities Reform
Act of 1995. Additional information about issues that could lead to
material changes in performance is contained in the company’s
annual and quarterly reports filed with the Securities and Exchange
Commission.
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