Williams Partners’ Transco Pipeline Delivers Record Volumes
January 08 2018 - 4:15PM
Business Wire
- Pipeline delivers one-day,
record-breaking 15.58 million dekatherms
- Important pipeline infrastructure plays
a vital role in keeping the country warm
- Record volume made possible by multiple
expansions executed in 2017
As frigid weather conditions blanket the U.S., Williams Partners
L.P. (NYSE: WPZ) announced today that it has delivered a record
amount of natural gas on its Transco interstate gas pipeline,
providing essential services to gas distribution companies, power
generators and other customers located along the Eastern Seaboard
and Gulf Coast.
The nation’s largest-volume natural gas transmission system,
Transco delivered a record-breaking 15.58 million dekatherms (MMdt)
on Jan. 5, 2018. The new peak-day mark surpasses the previous high
that was set on Jan. 1, 2018. The Transco system, which stretches
from South Texas to New York City, also established a new three-day
market area delivery record, averaging 14.90 MMdt from Jan. 4 to
Jan. 6, 2018.
The natural gas delivery records were made possible thanks to
additional firm transportation capacity created by five
fully-contracted Transco expansions completed in 2017. Together,
Transco’s “Big 5” expansions (Gulf Trace, Hillabee Phase 1, Dalton,
New York Bay and Virginia Southside II) added more than 2.8 MMdt of
firm transportation capacity to the existing pipeline system.
“The incremental capacity from the fully-contracted Transco
expansion projects placed into service in 2017 reflects an increase
of more than 25 percent in Transco’s design capacity – which helped
us be in position to meet the growing demand needs of our
customers,” said Alan Armstrong, chief executive officer of
Williams Partners’ general partner. “Our focused strategy on
natural gas infrastructure in support of consistent and sustainable
growth in gas volumes continues to enhance our ability to meet the
increasing demand for natural gas for heating, industrial use,
clean-power generation and LNG as highlighted by these recent
delivery records.”
Armstrong added, “When you consider that natural gas reliably
heats more than half of all U.S. homes, the current frigid
conditions are an important reminder of the vital role transmission
pipelines play in keeping millions of Americans safe and secure,
especially during winter periods of peak demand.”
As natural gas demand continues to increase, construction is
currently underway on two additional Transco projects (Atlantic
Sunrise and Garden State Phase II), which are designed to create
approximately 1.9 MMdt of additional pipeline capacity in 2018.
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, as well as international markets.
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/20180108006682/en/
Williams Partners L.P.Media Contact:Christopher Stockton,
713-215-2010orInvestor Contact:Brett Krieg, 918-573-4614
Williams Partners (NYSE:WPZ)
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