Williams' board approves bluegrass pipeline project

theflyonthewall.com

Williams’ (WMB) board has voted to approve the company’s Bluegrass Pipeline project. Williams is engaged in development work on the proposed natural-gas-liquids pipeline, which has a targeted in-service date of late 2015. The Bluegrass Pipeline will connect supply from the Marcellus and Utica shale-gas areas in the U.S. Northeast to growing petrochemical and export markets in the U.S. Gulf Coast. The pipeline also will connect NGL supply with the developing petrochemical market in the U.S. Northeast. Williams and Boardwalk Pipeline Partners, (BWP) on May 28 announced they had formalized key joint-venture agreements tied to the proposed Bluegrass Pipeline and related fractionation, storage and export projects. Phase one of the project will provide producers with 200,000 barrels per day of mixed NGL take-away capacity in Ohio, West Virginia and Pennsylvania. Phase two will increase capacity to 400,000 barrels per day to meet market demand, primarily by adding additional liquids pumping capacity. The pipeline will deliver mixed NGLs from these producing areas to new fractionation and storage facilities, providing connectivity to petrochemical facilities and product pipelines along the coasts of Louisiana and Texas.

Rates

View Comments (1)