Thursday, January 28, 2010

Williams Cos. plans $55 million expansion of Transco Pipeline

TULSA, Okla. - Williams Cos. Inc. will expand its Transco pipeline by approximately 142,000 dekatherms to serve additional markets in the mid-Atlantic region, the Tulsa natural gas company announced on Jan. 22.
The Mid-Atlantic Connection expansion will deliver fuel from an interconnection with East Tennessee Natural Gas in Rockingham County, N.C., to delivery points as far north as Maryland, according to the Williams news release. The deal needs Federal Energy Regulatory Commission approval.
The parent Williams Cos. soon will shift its 10,500-mile Transco and parts of other pipeline and midstream properties to subsidiary Williams Partners LP as part of a $12 billion restructuring. The deal eventually would absorb Williams Pipeline Partners LP into the subsidiary.

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