Williams Partners Receives FERC Certificate Authorizing Atlantic Sunrise Project
February 03 2017 - 5:10PM
Business Wire
- Critical energy infrastructure will
connect abundant, cost-effective Pennsylvania gas supply with East
Coast markets
- Project to support 8,000 jobs, $1.6
billion economic impact in project area
Williams Partners L.P. (NYSE: WPZ) today reported that the
Federal Energy Regulatory Commission (FERC) has issued a
certificate of public convenience and necessity authorizing the
Atlantic Sunrise expansion project – an expansion of the existing
Transco natural gas pipeline to connect abundant Marcellus gas
supplies with markets in the Mid-Atlantic and Southeastern U.S.
“While we are still reviewing details of the certificate order,
we are pleased FERC has approved this much-needed energy
infrastructure project which will leverage existing infrastructure
to help millions of Americans gain access to affordable
Pennsylvania-produced natural gas,” said Rory Miller, senior vice
president of Williams Partners’ Atlantic-Gulf operating area.
“Today, Pennsylvania is the second-largest producer of natural gas
in the U.S. Projects like Atlantic Sunrise will help the state
maximize the tremendous economic benefits that this local resource
holds.”
Following the receipt of all necessary regulatory approvals,
Williams Partners anticipates beginning construction on the
mainline portion of the project facilities in mid-2017. These
mainline facilities will create a much-needed path from the
northern part of the Transco system to markets along the Eastern
Seaboard for a portion of the project capacity in time for the
2017-2018 heating season. Construction on the Central Penn Line,
the greenfield portion of the project, is targeted to begin early
in the 3rd Quarter of 2017, which would allow the full project
capacity to be placed into service in mid-2018.
“Williams' Atlantic Sunrise pipeline project is a nearly $3
billion investment that will encourage continued production of
natural gas in the shale regions and investment in manufacturing
throughout Pennsylvania. Infrastructure like this is needed to
strengthen our energy portfolio, which also includes coal, nuclear
and renewables. This project is among the largest private
investments of capital ever made in this state and will support
thousands of family-sustaining jobs during construction – many of
them in blue-collar trade and manufacturing sectors – and hundreds
of long-term jobs once operational,” said Gene Barr, president and
CEO of the Pennsylvania Chamber of Business and Industry.
Pennsylvania State University researchers forecast the Atlantic
Sunrise project to directly and indirectly support approximately
8,000 jobs in the 10 Pennsylvania counties during the project’s
construction phase, resulting in an estimated $1.6 billion economic
impact in the project area.
Following a comprehensive nearly three-year review, the Order
issued by the Commission concludes that the Atlantic Sunrise
project will serve the public interest. On Dec. 30, 2016, FERC
published its final Environmental Impact Statement (EIS) for the
proposed project, concluding that environmental impacts would be
reduced to “less than significant levels” with the implementation
of mitigation measures proposed by the company and FERC.
About Atlantic Sunrise
The Atlantic Sunrise expansion project consists of approximately
200 miles of pipe, including about 185 miles of new natural gas
pipeline in Pennsylvania, 11 miles of pipeline looping in
Pennsylvania, 2.5 miles of pipeline replacements in Virginia and
associated equipment and facilities. The project’s proposed
aboveground facilities include two new compressor stations in
Pennsylvania, additional compression and related modifications to
three existing compressor stations in Pennsylvania and Maryland;
two new meter stations and three new regulator stations in
Pennsylvania; and minor modifications at existing aboveground
facilities at various locations in Pennsylvania, Virginia,
Maryland, North Carolina, and South Carolina to allow for
bi-directional flow.
Once complete, the Atlantic Sunrise expansion will help
alleviate infrastructure bottlenecks in Pennsylvania, connecting
abundant Marcellus gas supplies with markets in the Mid-Atlantic
and Southeastern U.S. The nearly $3 billion expansion of the
existing Transco natural gas pipeline is designed to increase
deliveries by 1.7 billion cubic feet per day (enough to provide
service to seven million homes). Williams Partners’ net investment
in the Atlantic Sunrise project is expected to be approximately
$1.9 billion.
Additional information about the Atlantic Sunrise project can be
found at www.williams.com/atlanticsunrise.
Transco is a wholly owned subsidiary of Williams Partners, of
which Williams (NYSE: WMB) owns controlling interests. Transco is
the nation’s largest and fastest-growing interstate natural gas
transmission pipeline system. It 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 provides cost-effective natural gas services to U.S. markets
in the Southeast and Atlantic seaboard states, including major
metropolitan areas in New York, New Jersey and Pennsylvania, 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 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 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/20170203005735/en/
Williams Partners L.P.Media Contact:Christopher Stockton,
713-215-2010orInvestor Contacts:John Porter,
918-573-0797orBrett Krieg, 918-573-4614
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