Williams Partners Announces Open Season for Transco Northeast Supply Enhancement Project
May 16 2016 - 8:30AM
Business Wire
Project Addresses Growing Demand for Gas in
Northeast; Helps Region Meet Clean Air Goals
Williams Partners L.P. (NYSE: WPZ) announced today that it is
initiating a binding open season from May 16 to June 9, 2016 for
the Northeast Supply Enhancement project, an expansion of
the Transco interstate pipeline to provide incremental
firm natural gas transportation capacity to demand markets in the
northeastern United States. Transco plans to place the project into
service for the 2019/2020 winter heating season.
The Northeast Supply Enhancement project is being designed to
provide 400,000 dekatherms per day of firm natural gas
transportation capacity from Transco’s Compressor Station 195 in
York County, Pa., to the Rockaway Transfer Point, an existing
interconnection between the Lower New York Bay Lateral and the
Rockaway Delivery Lateral in offshore New York.
Prior to commencement of the open season, Williams executed
precedent agreements with subsidiaries of National Grid – the
largest distributor of natural gas in the northeastern U.S. – for
firm transportation service under the project. Once complete, the
project will help meet the growing natural gas demand in the
Northeast, including the 1.8 million customers served by National
Grid in Brooklyn, Queens, Staten Island and Long Island.
“Customers and businesses in the local communities that we serve
in New York City and on Long Island benefit from affordable, clean
and reliable energy,” said Ken Daly, President, National Grid New
York. “Williams’ Northeast Supply Enhancement project expands on
our commitment to further improve reliability, make available
much-needed gas capacity to support job growth, and help reduce our
carbon footprint. This project complements the existing Brooklyn
Queens Interconnect/Rockaway Lateral Project, which was completed
last spring, and was the first new gas supply delivery point in
decades for National Grid customers in this region.”
New York’s appetite for natural gas is increasing as consumers
continue to phase out the use of heavy fuel oils. In April 2015,
New York City Mayor Bill de Blasio announced sweeping goals to curb
city emissions 80 percent by 2050, which includes phasing out the
use of No. 4 fuel oil by 2030. The Northeast Supply Enhancement
project creates the energy infrastructure to provide access to
important natural supply to help New York meet its clean air
goals.
“As demand for natural gas increases, the importance of the
associated energy infrastructure becomes even more critical,” said
Rory Miller, senior vice president of Williams Partners’
Atlantic-Gulf operating area. “The Northeast Supply Enhancement
project will add critical infrastructure necessary to meet the
region’s growing demand for natural gas while helping reduce air
emissions.”
Subject to approval by the Federal Energy Regulatory Commission,
the Northeast Supply Enhancement project will consist of adding
looping and compression to existing Transco pipeline facilities. In
order to minimize potential environmental impacts, the proposed
project corridor will maximize the use of Transco’s existing
pipeline right-of-way. Williams does not anticipate that the
project scope will change based on the outcome of the open
season.
For customer inquiries, contact Jamie Johnson at (713)
215-2404.
About Williams Partners
Williams Partners (NYSE: WPZ) 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 and
also in Canada. Williams Partners has operations across the natural
gas value chain from gathering, processing and interstate
transportation of natural gas and natural gas liquids to petchem
production of ethylene, propylene and other olefins. 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 North American natural gas infrastructure, owns 60
percent of Williams Partners, including all of the 2 percent
general-partner interest. www.williams.com
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. 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 partnership’s
annual reports filed with the Securities and Exchange
Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20160516005256/en/
Williams Partners L.P.Media Contact:Tom Droege,
918-573-4034orInvestor Contacts:John Porter,
918-573-0797orBrett Krieg, 918-573-4614
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