Williams Partners Brings Transco Northeast Supply Link Expansion Into Full Service On Time, Ahead Of N.E. U.S. Heating Season

Williams Partners L.P. (NYSE:WPZ) announced today that it placed into service on Nov. 1 the remaining capacity of its Northeast Supply Link, after bringing half the capacity into service three months ahead of schedule in response to customer demands. The project marks the first major expansion of the Transco natural gas pipeline designed specifically to connect Marcellus natural gas supply with Northeastern markets.

The expansion provides 250,000 dekatherms of incremental firm natural gas transportation capacity from Marcellus supplies direct to nearby customers in Pennsylvania, New Jersey and New York. The total expansion is delivering enough natural gas to provide service to approximately 1 million homes.

“Northeast Supply Link is a good example of our focus on bringing large-scale infrastructure projects into service in a timely manner to meet our customer requirements,” said Rory Miller, senior vice president of Williams Partners’ Atlantic-Gulf business segment. “We are currently executing on approximately $1.5 billion in other natural gas transportation projects, including our interest in the Constitution interstate gas pipeline, to provide service to high-value demand centers in the northeastern United States and all along the eastern seaboard.”

The $390 million Northeast Supply Link project involved the construction of about 13 miles of pipe in Pennsylvania and New Jersey, in addition to existing compressor facility modifications and a new 25,000 horsepower compressor station in Essex County, N.J. Half of the project’s capacity was placed into service in August 2013 after Williams Partners received approval from the Federal Energy Regulatory Commission for an early in-service date.

“We see tremendous appetite from a wide range of industry participants for additional firm transportation capacity, particularly along the Transco system as evidenced recently by the overwhelming response to our Atlantic Sunrise project open season,” said Miller.

The Transco pipeline is a 10,200-mile system that provides natural gas transportation and storage services for markets throughout the Northeastern and Southeastern United States. Major markets include New York City, Philadelphia, Washington D.C., Charlotte and Atlanta. Transco's major customers are primarily power generators, local distribution companies and producers.

In the last decade, Williams Partners’ Transco and Gulfstream have placed into service 21 growth projects totaling in excess of $2 billion of capital investment. With the Northeast Supply Link project now in service, Transco’s current system capacity is approximately 10.15 million dekatherms per day, which is enough natural gas to serve the equivalent of more than 42 million homes.

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 14 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 64 percent of Williams Partners, including the general-partner interest. More information is available at www.williamslp.com, where the partnership routinely posts important information.

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.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX