Williams Announces Open Season for Mid-Atlantic Expansion Project
TULSA, Okla., July 14 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced today that its Transco pipeline is holding a non-binding open season from July 14 to Aug. 4, 2009, to obtain shipper commitments for an expansion designed to provide up to 150,000 dekatherms per day of firm transportation service to markets in Virginia, Washington, D.C., and Maryland.
The Mid-Atlantic Connector Expansion project is designed to provide service from an interconnection with East Tennessee Natural Gas in Rockingham County, N.C., to delivery points as far north as Transco's interconnect with Columbia Gas Transmission in Montgomery County, Md. The proposed in-service date for the expansion is Nov. 1, 2012.
"This expansion provides Transco the opportunity to meet growing demand requirements for clean-burning natural gas in its Mid-Atlantic market area," said Phil Wright, president of Williams' natural gas pipeline business. "It's another in a long line of Transco expansions timed and sized to meet the market needs."
The level of market interest will determine the cost and pipeline facilities required for the expansion.
The proposed expansion will be subject to approval by the Federal Energy Regulatory Commission and other agencies. For customer inquiries, contact James Corley at (713) 215-4607.
About Williams (NYSE: WMB)
Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and Eastern Seaboard. More information is available at http://www.williams.com. Go to http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.
Chris Stockton
Sharna Reingold
Williams (investor relations)
(918) 573-2078
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 reports filed with the Securities and Exchange Commission.
SOURCE Williams
Jul 14, 2009
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