Williams Partners L.P. Seeks FERC Approval to Provide Additional Natural Gas Service to Mid-Atlantic by 2012
TULSA, Okla., Nov. 16, 2010 /PRNewswire/ -- Williams Partners L.P. (NYSE: WPZ) announced today that its Transco pipeline has filed an application with the Federal Energy Regulatory Commission (FERC) to provide an additional 142,000 dekatherms of incremental firm natural gas transportation capacity to serve growing markets in the Mid-Atlantic region by November 2012.
The Mid-Atlantic Connector expansion project is designed to provide Virginia Power Services Energy Corp., Inc., and Baltimore Gas and Electric Company with incremental firm transportation capacity from a Transco interconnection with East Tennessee Natural Gas in Rockingham County, N.C. to delivery points as far north as Maryland.
"The Mid-Atlantic Connector expansion project will increase the availability of clean energy in this growing region of the United States," said Phil Wright, president of Williams' natural gas pipeline business. "We appreciate our shippers' willingness to commit to this project and we look forward to working with them to provide reliable natural gas service for years to come."
The proposed expansion will consist of approximately three miles of new pipeline and upgrades to existing compressor facilities in Virginia. The capital cost of the project is estimated to be $55 million.
The Transco pipeline is a 10,000-mile pipeline system which transports natural gas to markets throughout the northeastern and southeastern United States. The current system capacity is approximately 8.6 billion cubic feet per day.
About Williams Partners L.P. (NYSE: WPZ)
Williams Partners L.P. is a leading diversified master limited partnership focused on natural gas transportation; gathering, treating, and processing; storage; natural gas liquid (NGL) fractionation; and oil transportation. The partnership owns interests in three major interstate natural gas pipelines that, combined, deliver 12 percent of the natural gas consumed in the United States. The partnership's gathering and processing assets include large-scale operations in the U.S. Rocky Mountains and both onshore and offshore along the Gulf of Mexico. Williams (NYSE: WMB) owns approximately 77 percent of Williams Partners, including the general-partner interest. More information is available at www.williamslp.com. Go to http://www.b2i.us/irpass.asp?BzID=1296&to=ea&s=0 or http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our email list.
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 reports filed with the Securities and Exchange Commission.
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INVESTOR CONTACT: Sharna Reingold |
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SOURCE Williams Partners L.P.
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