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Arch Coal Inc. Message Board

  • kingforadayortwo kingforadayortwo Jan 31, 2013 2:12 PM Flag

    Williams Partners' Transco Pipeline Delivers Record Volume of Natural Gas During Recent Bitter Cold on East Coast

    Williams Partners L.P. (NYSE: WPZ) delivered a record amount of natural gas on its Transco interstate gas pipeline to meet demand driven by last week's bitter cold weather in markets on the U.S. Eastern Seaboard.

    The Transco pipeline delivered a record-breaking 10.4 million dekatherms on Jan. 22. The new peak-day mark surpasses the previous high of 9.7 million dekatherms set early last year.

    Transco also set a three-day delivery record Jan. 22-24, averaging 9.9 million dekatherms per day.

    The Jan. 22 record volume represents enough gas to heat more than 45 million U.S. homes. The 10.4 dekatherms is approximately 106 percent of firm contract demand on the Transco pipeline. Transco's storage services were instrumental in meeting demand and maintaining prescribed operating pressure.

    Rory Miller, senior vice president of Williams Partners' Atlantic - Gulf operating area, said preparation, experience, reliable operations and recent expansions were all keys in setting a peak-day delivery record on Transco.

    "The recent cold wave in the Northeast is another reminder of the importance of adequate infrastructure in meeting our country's energy demand," Miller said. "With growing demand for natural gas to serve winter heating loads and cleaner burning power generation, it is vital that we continue to develop pipeline and other infrastructure to reliably meet these needs."

    In order to help deliver vital energy infrastructure, Williams Partners has plans to expand Transco's daily capacity by nearly 2 million dekatherms by 2015. This amount of new capacity is roughly equal the amount of new daily capacity that Transco has placed into service over the past five years.

    The Transco pipeline is a 10,000-mile pipeline system that extends from south Texas to New York. The system serves major markets along the U.S. Eastern Seaboard.

    Sentiment: Strong Sell

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