Williams Partners L.P. (NYSE: WPZ) announced today that it delivered a
record amount of natural gas on its Transco interstate gas pipeline to
meet demand driven by recent cold weather conditions in Transco’s market
area that includes the U.S. Eastern Seaboard.
The nation’s largest-volume natural gas transmission system, Transco
delivered a record-breaking 13.7 million dekatherms (MMdt) on Jan. 8.
The new peak-day mark surpasses the previous high of 13.5 MMdt that was
set on Jan. 7, 2015.
The Transco system, which stretches from South Texas to New York City,
also established a new three-day market area delivery record Jan. 7-9,
averaging 13.6 MMdt (eclipsing the previous three-day peak of 12.9 MMdt).
Completed expansions to the Transco system in 2015 and 2016 contributed
to the new volume records in early January. Virginia Southside (250,000
dekatherms per day or dth/d), Northeast Connector (100,000 dth/d),
Mobile Bay South III (225,000 dth/d), Leidy Southeast (525,000 dth/d)
and Rock Springs (192,000 dth/d) have all been placed in service in the
last 22 months to serve customers’ demand for power generation,
industries and local distribution.
Construction is already underway on the Garden State, Gulf Trace,
Dalton, Hillabee (Phase 1) and Virginia Southside II expansion projects
that will add even more capacity during 2017.
Transco is a wholly owned subsidiary of Williams Partners, of which
Williams (NYSE: WMB) owns controlling interests and is the general
partner. 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 (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. 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 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. 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170113005098/en/
Copyright Business Wire 2017
Source: Business Wire
(January 13, 2017 - 8:00 AM EST)
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