Focus Stocks
Williams Partners’ Transco Pipeline Announces Open Season for Dalton Expansion Project
Published on Thursday, 31 May 2012 12:18 Written by TradersHuddle Staff
TULSA, Okla.-( Business Wire )-Williams Partners L.P. (NYSE: WPZ) announced today that it is initiating a non-binding open season from May 30 to June 28, 2012, for an expansion of its Transco interstate pipeline to provide incremental firm natural gas transportation capacity to markets in northern Georgia and Alabama by 2016.
Williams (NYSE: WMB) owns approximately 68 percent of Williams Partners, including the general-partner interest.
The Dalton Expansion Project is being designed to provide up to 600,000 dekatherms per day of incremental firm transportation service on Williams Partners’ Transco pipeline from interconnections accessing Marcellus natural gas production at its Zone 6 Station 210 pooling point to delivery points in northern Georgia and Alabama.
“The Transco pipeline is uniquely positioned to provide power generators and local distribution companies located in the southeastern United States with direct access to substantial Marcellus natural gas supplies,” said Randy Barnard, president of Williams Partners’ natural gas pipeline business.
The capacity, scope and cost of the project will be determined by the results of the open season. The proposed project will be subject to approval by the Federal Energy Regulatory Commission and other agencies. For customer inquiries, contact Toi Anderson at (713) 215-4540.
The Transco pipeline is an approximately 10,000-mile transmission pipeline system which transports natural gas to markets throughout the northeastern and southeastern United States. The current system capacity is approximately 9.6 million dekatherms per day.
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 68 percent of Williams Partners, including the general-partner interest. More information is available at www.williamslp.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. 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.
Related Articles
- Williams Upside Looming?
- Bulls taking over on Williams?
- Williams Bearish Signs
- Williams - Bears taking control?
- Are the Bears Taking Control over Williams?
- Shares of Williams Hesitating?
- Williams Formed a Bearish Engulfing Candle
- Are the Bears Taking Control over Williams?
- Bears Appeared on Williams
Related Partner Headlines
- Williams Companies Inc Stock Buy Recommendation Reiterated (WMB) - TheStreet.com
- Williams Companies Inc (WMB): Today's Featured Basic Materials Laggard - TheStreet.com
- 4 Stocks Pushing The Chemicals Industry Lower - TheStreet.com
- Williams Companies Inc Stock Buy Recommendation Reiterated (WMB) - TheStreet.com
- Williams Partners Completes Acquisition of Williams' Gulf Olefins Business - Benzinga
- Williams Partners LP (WPZ): Today's Featured Chemicals Laggard - TheStreet.com
- Williams Companies Inc (WMB): Today's Featured Energy Laggard - TheStreet.com
- Williams Companies Third Quarter Earnings - Investopedia
- Williams Partners Signs Agreement to Purchase Williams' Gulf Olefins Business For $100M - Benzinga
- Williams Companies Inc Stock Buy Recommendation Reiterated (WMB) - TheStreet.com
TradersHuddle Search
|
Stock Search: |
|
Site Search: Loading
|
Recent Trading Ideas
-
Is Priceline.com Coming Down? -
Google Is Near a Key Resistance Area -
Above Resistance: United Technologies -
Trading Idea: What to Expect as Devon Energy Breaks Resistance -
Micron Technology Is Near a Key Resistance Area -
IMAX Is Moving Above Resistance -
Trading Idea: - Is Bank of America close to Resistance?
Latest Partner Headlines
-
Dow Today: Verizon Communications (VZ) Higher - TheStreet.com -
Separating the Bargains From the Busts - TheStreet.com -
Cramer Quick Take: The 60-Inch TV Will Be Key This Holiday - TheStreet.com -
Cramer Quick Take: Cisco Wins If Fiscal Cliff Is Resolved - TheStreet.com -
Gap Up and Sit - TheStreet.com -
Apple, Intel, MicroStrategy: Tech Winners & Losers - TheStreet.com -
Windows 8 PC Sales Disappointing: Report - TheStreet.com -
Cramer Quick Take: Buy Home Depot and Lowe's - TheStreet.com
Stock Market
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:15,387.58 Trade time:4:36PM EDT Value change:▲52.30 (0.34%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,669.16 Trade time:4:36PM EDT Value change:▲2.87 (0.17%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:3,502.12 Trade time:5:15PM EDT Value change:▲5.69 (0.16%)In The Wires
-
Trez Capital Mortgage Investment Corporation Announces May 2013 Distribution -
Pandora Chief Revenue Officer to Appear at OMMA Mobile Conference -
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of SoundBite Communications, Inc. SDBT -
Allstate Assisting Oklahoma Homeowners After Severe Tornadoes -
Concord Medical Reports First Quarter 2013 Financial Results -
KongZhong Corporation Reports Unaudited First Quarter 2013 Financial Results -
Amyris, Inc. Sued by Investor -
Ryan & Maniskas, LLP Announces Class Action Lawsuit Against Accretive Health, Inc.








