TULSA, Okla.--(BUSINESS WIRE)--
Williams Partners L.P. (NYSE: WPZ) today announced that the U.S. Court of Appeals for the District of Columbia has denied an emergency motion to stay the Federal Energy Regulatory Commission’s authorization of the company’s Atlantic Sunrise pipeline project, allowing construction to immediately resume.
“We are pleased that the court has lifted the administrative stay of construction activities and denied the emergency motion for stay filed by the project opponents. We will promptly resume construction activities on this important pipeline project, which will leverage existing energy infrastructure to deliver economic growth and help millions of Americans gain access to affordable Pennsylvania-produced clean-burning natural gas,” said Micheal Dunn, Williams Partners’ chief operating officer. “Thousands of workers in Pennsylvania will be back on the job tomorrow.”
Construction on the project commenced seven months ago after a nearly four-year, comprehensive federal and state regulatory review process. During peak construction periods, the project is anticipated to directly employ approximately 2,300 people in 10 Pennsylvania counties. In addition, the project could support an additional 6,000 jobs in related industries and generate up to $1.6 billion in economic activity, according to researchers at Pennsylvania State University.
The nearly $3 billion project, which is designed to increase natural gas deliveries by 1.7 billion cubic feet per day, is expected to be placed into full service in mid-2018.
Additional information about the Atlantic Sunrise project can be found at www.williams.com/atlanticsunrise.
About Williams & Williams Partners
Williams (NYSE: WMB) is a premier provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa, Okla., Williams owns approximately 74 percent of Williams Partners L.P. (NYSE: WPZ). Williams Partners is an industry-leading, large-cap master limited partnership with operations across the natural gas value chain including gathering, processing and interstate transportation of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams Partners owns and operates more than 33,000 miles of pipelines system wide – including the nation’s largest volume and fastest growing pipeline – providing natural gas for clean-power generation, heating and industrial use. Williams Partners’ operations touch approximately 30 percent of U.S. natural gas. www.williams.com
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 and quarterly reports filed with the Securities and Exchange Commission.
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