Williams Partners Achieves Key 2017 Strategic Execution Milestone – Placing the Fifth of Transco’s 2017 ‘Big 5’ Expan...
December 05 2017 - 4:15PM
Business Wire
- Williams Partners placed Virginia
Southside II project into service on Dec. 1
- Virginia Southside II joins Gulf Trace,
Hillabee Phase 1, Dalton and New York Bay in being placed into
service this year
- The “Big 5” increases Transco’s design
capacity by nearly 25 percent
- FERC approves Gulf Connector Expansion
project
Williams Partners L.P. (NYSE: WPZ) announced today that it has
successfully placed into service its Virginia Southside II
expansion project, the fifth of Transco’s “Big 5” expansions to be
placed into service this year. These five, fully-contracted
expansion projects (Gulf Trace, Hillabee Phase 1, Dalton, New York
Bay and Virginia Southside II) combine to add more than 2.8 million
dekatherms per day (Dth/d) of firm transportation capacity to the
Transco pipeline system this year, increasing Transco’s design
capacity by nearly 25 percent.
“The Virginia Southside II project was placed into service on
time and under budget and highlights our continued execution on
growth projects,” said Alan Armstrong, chief executive officer of
Williams Partners’ general partner. “The timely execution of these
five projects within our original collective capital budget is
further evidence of Williams Partners’ sector-leading capabilities
to permit, contract and construct expansion projects that serve the
growing needs of our customers and meet the investment requirements
of our unitholders.”
The Virginia Southside II project expands the capacity of
Williams Partners’ Transco pipeline system by 250,000 Dth/d to
supply Dominion Virginia Power’s new electric generation facility
in Greensville County, Virginia.
Williams Partners is also delivering on project execution as
planned for 2018. Construction continues on schedule in
Pennsylvania on the greenfield portion of the Atlantic Sunrise
project. The partnership is targeting a mid-2018 in-service date
for this expansion of the existing Transco natural gas pipeline
which is designed to increase deliveries by 1.7 million Dth/d as it
connects abundant Marcellus gas supplies with markets in the
Mid-Atlantic and Southeastern U.S.
Construction also continues on Phase 2 of Williams Partners’
Garden State Expansion project. After placing Phase 1 of the
project in service on Sept. 9, 2017, the partnership is targeting
an in-service date of second-quarter 2018 for Phase 2, which
includes a new compressor station on the Transco Trenton Woodbury
Lateral in Burlington County, New Jersey. When placed into full
service, this fully-contracted expansion project will deliver up to
180,000 Dth/d of additional natural gas capacity to New Jersey
Natural Gas Company.
The trend of effective execution in permitting and regulatory
processes on Transco projects also continues. On Nov. 21, the
Federal Energy Regulatory Commission (FERC) issued a Certificate of
Public Convenience and Necessity authorizing Williams Partners’
Gulf Connector Expansion project. This project is a 475,000 Dth/d
expansion of the Transco pipeline system in Texas and Louisiana to
connect U.S. natural gas supplies with global liquefied natural gas
(LNG) markets.
Constructed in two phases, the Gulf Connector Expansion project
is designed to deliver 75,000 Dth/d of natural gas to Freeport LNG
Development, L.P.’s liquefaction project and 400,000 Dth/d to
Cheniere Energy’s Corpus Christi liquefaction terminal with both
phases expected to be placed in service in the first half of
2019.
Transco, the nation’s largest-volume and fastest-growing
interstate natural gas pipeline system, is a wholly owned
subsidiary of Williams Partners L.P. 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 reaches U.S. markets in 12 Southeast and Atlantic
Seaboard states.
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.
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/20171205006007/en/
Williams Partners L.P.Media Contact:Christopher Stockton,
713-215-2010orInvestor Contact:Brett Krieg, 918-573-4614
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