Williams Partners L.P. Completes Pipeline Expansion to Provide Additional Natural Gas Service to Southeast
TULSA, Okla., May 3 /PRNewswire-FirstCall/ -- Williams Partners L.P. (NYSE: WPZ) announced today it has placed an expansion of its Transco natural gas pipeline system into service, increasing firm transportation capacity into the southeastern United States by 253,500 dekatherms per day.
New service from the Mobile Bay South project creates southbound, year-round firm transportation capacity on the Mobile Bay Lateral from Transco's mainline at Station 85 near Butler, Ala., to its interconnect with Gulfstream Natural Gas System in Coden, Ala.
"Mobile Bay South is the first of several projects that together, subject to Federal Energy Regulatory Commission approval, will create over one billion cubic feet of take-away capacity from Station 85 to downstream markets by 2013," said Phil Wright, president of Williams' natural gas pipeline business.
"The Mobile Bay South project enables us to provide firm southbound transportation service for growing domestic supplies from new pipeline interconnects at Station 85 to markets in Southwest Alabama and Florida, as well as third-party storage facilities."
The Mobile Bay South project included construction of a new 9,470 horsepower compressor facility at Station 85 in Choctaw County, Ala. The project is estimated to cost approximately $37 million.
Williams (NYSE: WMB) owns 84 percent of Williams Partners, including the general-partner interest. Most of Williams' interstate gas pipeline and midstream assets are held through its ownership interest in Williams Partners.
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 84 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 e-mail list.
This press release may include "forward-looking statements" as defined by federal law. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made by the Partnership based on its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Partnership, which may cause our actual results to differ materially from those implied or expressed by the forward-looking statements. 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.
Contact: |
Chris Stockton |
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Williams (media relations) |
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(713) 215-2010 |
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Sharna Reingold |
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Williams (investor relations) |
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(918) 573-2078 |
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SOURCE Williams Partners L.P.
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