TULSA, Okla.--(BUSINESS WIRE)--
Williams Partners L.P. (NYSE: WPZ) announced today that it delivered a record amount of natural gas on its Transco interstate gas pipeline to meet demand driven by recent cold weather conditions in Transco’s market area that includes the U.S. Eastern Seaboard.
The nation’s largest-volume natural gas transmission system, Transco delivered a record-breaking 13.7 million dekatherms (MMdt) on Jan. 8. The new peak-day mark surpasses the previous high of 13.5 MMdt that was set on Jan. 7, 2015.
The Transco system, which stretches from South Texas to New York City, also established a new three-day market area delivery record Jan. 7-9, averaging 13.6 MMdt (eclipsing the previous three-day peak of 12.9 MMdt).
Completed expansions to the Transco system in 2015 and 2016 contributed to the new volume records in early January. Virginia Southside (250,000 dekatherms per day or dth/d), Northeast Connector (100,000 dth/d), Mobile Bay South III (225,000 dth/d), Leidy Southeast (525,000 dth/d) and Rock Springs (192,000 dth/d) have all been placed in service in the last 22 months to serve customers’ demand for power generation, industries and local distribution.
Construction is already underway on the Garden State, Gulf Trace, Dalton, Hillabee (Phase 1) and Virginia Southside II expansion projects that will add even more capacity during 2017.
Transco is a wholly owned subsidiary of Williams Partners, of which Williams (NYSE: WMB) owns controlling interests and is the general partner. Transco is the nation’s largest and fastest-growing interstate natural gas transmission pipeline system. It delivers natural gas to customers through its 10,200-mile pipeline network whose mainline extends nearly 1,800 miles between South Texas and New York City. The system provides cost-effective natural gas services to U.S. markets in the Southeast and Atlantic seaboard states, including major metropolitan areas in New York, New Jersey and Pennsylvania, as well as international markets.
About Williams Partners
Williams Partners (NYSE: WPZ) is an industry-leading, large-cap natural gas infrastructure master limited partnership with a strong growth outlook and major positions in key U.S. supply basins. Williams Partners has operations across the natural gas value chain from gathering, processing and interstate transportation of natural gas and natural gas liquids to petchem production of ethylene, propylene and other olefins. 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. Tulsa, Okla.-based Williams (NYSE: WMB), a premier provider of large-scale U.S. natural gas infrastructure, owns 60 percent of Williams Partners, including all of the 2 percent general-partner interest. www.williams.com
Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the partnership believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Additional information about issues that could lead to material changes in performance is contained in the partnership’s annual and quarterly reports filed with the Securities and Exchange Commission.
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