Williams Receives FERC Approval for Southeastern Trail Expansion Project to Serve Growing Demand for Natural Gas in Mid-Atlan...
October 18 2019 - 7:30AM
Business Wire
Williams (NYSE: WMB) today reported that the Federal Energy
Regulatory Commission (FERC) has issued a certificate of public
convenience and necessity authorizing the Southeastern Trail
expansion project designed to serve Transco pipeline markets in the
Mid-Atlantic and Southeastern U.S. in time for the 2020/2021 winter
heating season.
The Southeastern Trail expansion project will provide 296,375
dekatherms per day of additional firm transportation capacity to
utility and local distribution companies located in Virginia, North
Carolina, South Carolina and Georgia. Once complete, the project
will help meet growing clean energy demands in the Southeast, as
well as provide access to new sources of clean domestic natural gas
supply, helping push out of the energy mix less environmentally
friendly sources of fuel, while enhancing system reliability.
“Southeastern Trail is a critical project that will work to
bring key supplies from interconnects in the Mid-Atlantic region to
growing demand centers in the Southeastern U.S.,” said Micheal
Dunn, chief operating officer of Williams. “This vital project,
along with additional expansion opportunities under development,
will link low-cost supply to key customers in high-growth markets
and continues the expansion of southbound capacity on the Transco
pipeline system. Construction of this project along Transco’s
existing corridor results in significantly less impact to the
environment and landowners and more economical transportation rates
for our customers than other greenfield projects serving these same
markets.”
The Southeastern Trail expansion project will consist of
approximately 7.7 miles of 42-inch pipeline looping facilities in
Virginia, horsepower additions at existing compressor stations in
Virginia, and piping and valve modifications on other existing
facilities in South Carolina, Georgia, and Louisiana to allow for
bi-directional flow. Once complete, the project will result in a
net reduction of air emissions as legacy facilities are modified
with state-of-the-art horsepower technology.
Customers served by the project are PSNC Energy, South Carolina
Electric & Gas, Virginia Natural Gas, the City of Buford,
Georgia, and the City of LaGrange, Georgia.
Following the receipt of all necessary regulatory approvals,
Williams anticipates beginning construction on the Southeastern
Trail expansion project in the fall of 2019 with a target
in-service commitment of November 2020.
The Southeastern Trail project is Williams’ third Transco
project to be approved by FERC in the last ten months. With this
expansion, the Transco pipeline’s system-design capacity is
expected to increase to 17.5 million dekatherms per day from its
current 17.2 million dekatherms per day mark. Combined with other
expansion projects under construction or in various levels of
permitting, Williams expects the Transco pipeline’s system-design
capacity to top 18 million dekatherms per day in time for the
2020/2021 winter heating season.
Transco is the nation’s largest-volume interstate natural gas
pipeline system. It delivers natural gas to customers through its
approximately 10,000-mile pipeline network whose mainline extends
nearly 1,800 miles between South Texas and New York City. The
system is a major provider of cost-effective natural gas services
that reach U.S. markets in 12 Southeast and Atlantic Seaboard
states, including major metropolitan areas in New York, New Jersey
and Pennsylvania.
About Williams
Williams (NYSE: WMB) is a premier provider of large-scale
infrastructure connecting U.S. natural gas and natural gas products
to growing demand for cleaner fuel and feedstocks. Headquartered in
Tulsa, Oklahoma, Williams is an industry-leading, investment grade
C-Corp with operations across the natural gas value chain including
gathering, processing, interstate transportation and storage of
natural gas and natural gas liquids. With major positions in top
U.S. supply basins, Williams owns and operates more than 30,000
miles of pipelines system wide – including Transco, the nation’s
largest volume and fastest growing pipeline – providing natural gas
for clean-power generation, heating and industrial use. Williams’
operations handle approximately 30% of U.S. natural gas.
www.williams.com
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the company
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 company’s
annual and quarterly reports filed with the Securities and Exchange
Commission.
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