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Williams Files Application With FERC to Provide Additional Natural Gas Service to Southeast by 2011
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| Symbol | Price | Change |
|---|---|---|
| WMB | 21.06 | 0.00 |
TULSA, Okla., Nov. 17 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB - News) today announced that it has filed an application with the Federal Energy Regulatory Commission to expand its Transco natural gas pipeline to serve markets in the southeastern United States.
New service from the Mobile Bay South II Expansion project would be available in the spring of 2011, subject to FERC approval. The project is designed to create an additional 380,000 dekatherms of southbound, year-round firm transportation capacity on the Mobile Bay Lateral from Transco's mainline at Station 85 near Butler, Ala., to its interconnect with Gulfstream Natural Gas System in Coden, Ala.
"Williams is excited to provide this economically priced link between the abundant on-shore supplies now available at Station 85 and growing markets in southern Alabama and Florida," said Phil Wright, president of Williams' natural gas pipeline business.
The Mobile Bay South II Expansion project will require a compression addition of 8,180 horsepower at Transco compressor station 85 and facility modifications at Station 83. Williams estimates that the project facilities will cost approximately $36 million.
For customer inquiries, contact Toi Anderson at (713) 215-4540.
About Williams (NYSE: WMB - News)
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.
Contact: Chris Stockton
Williams (media relations)
(713) 215-2010
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.
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