Monday, July 18, 2011

Williams Partners LP gets approval to expand Transco pipeline

TULSA, Okla. - Natural gas distributor Williams Partners L.P. has received regulatory approval to expand a pipeline to the Mid-Atlantic region of the U.S.

The company said on July 11 that the Federal Energy Regulatory Commission has approved expanding the pipeline to serve customers in Virginia and Maryland.

The expansion will add about 142,000 dekatherms of incremental firm natural gas capacity to Williams Partners' 10,000-mile Transco pipeline system. A dekatherm is a measurement of how much heat can be generated from natural gas. The Transco pipeline has a total capacity of 9.6 million decatherms per day, and carries gas throughout the northeastern and southeastern United States.

The project will connect with East Tennessee Natural Gas to provide fuel for power generation and local distribution customers, a Williams news release stated.

The company said it plans to have the expansion completed by November 2012.

The project will cost about $55 million and add about three miles of new pipeline and include the upgrade of compressor facilities in Virginia.

Williams Cos. Inc. is the general partner and holds the controlling interest in Williams Partners. Williams Partners has a Zacks #4 Rank (short-term Sell),

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