Williams Announces FERC Approval of Natural Gas Pipeline to Serve Electric Power Generating Facility in Maryland

  • Transco’s Rock Springs Expansion is Among $4.8 Billion in Transmission Projects Williams Expects to Place into Service through 2017
Thursday, March 19, 2015 4:09 pm EDT

Dateline:

TULSA, Okla.

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) announced today that the Federal Energy Regulatory Commission (FERC) has approved Transco’s application to expand its mainline pipeline system and construct an 11-mile pipeline lateral connecting Transco to an electric power generating facility in Cecil County, Md.

The Rock Springs expansion project is designed to transport 192,000 dekatherms of natural gas per day to Old Dominion Electric Cooperative’s planned Wildcat Point Generation Facility. That facility is expected to generate approximately 1,000 megawatts, enough to power 390,000 homes in the region.

“The economic and environmental benefits of natural gas are driving tremendous demand for natural gas to fire electric power generating facilities like this,” said Frank Ferazzi, Vice President & General Manager of Williams’ Transco pipeline. “The Rock Springs expansion project is another in a long list of projects designed to meet growing natural gas driven power generation that Transco has completed over the past few years and is among $4.8 billion in transmission projects we expect to place into service through 2017 to meet power generation, industrial and local distribution needs.”

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 is a major provider of cost-effective natural gas services that reach U.S. markets in 12 Southeast and Atlantic Seaboard states, including major metropolitan areas in New York, New Jersey and Pennsylvania.

Transco is a wholly owned subsidiary of Williams Partners L.P. (NYSE: WPZ), of which Williams owns controlling and general-partner interests.

About Williams

Williams (NYSE: WMB) is a premier provider of large-scale infrastructure to connect North American natural gas and natural gas products to growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa, Okla., Williams owns approximately 60 percent of Williams Partners L.P. (NYSE: WPZ), including the general-partner interest. Williams Partners is an industry-leading, large-cap master limited partnership with 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. With major positions in top U.S. supply basins and also in Canada, 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, home 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 reports filed with the Securities and Exchange Commission.

Contact:

Williams
Media Contact:
Tom Droege, 918-573-4034
or
Investor Contacts:
John Porter, 918-573-0797
or
Brett Krieg, 918-573-4614